New draft law, technology to reshape consumer financing in Egypt: MD of valU
We deal with 250 merchants, have 30,000 clients, 1,500 distribution points, says Walid Hassouna
Doaa A. Moneam
19 Articles
Latest by Doaa A. Moneam
Consumer credit slightly increased in 2019 compared to late 2018: Trading Economics
According to Trading Economics-a leading tracker of 196 countries for more than 20m economic indicators, exchange rates, stock market indexes, government bond yields and commodity prices-consumer credit in Egypt increased to EGP 317,376m in January 2019, from EGP 312,427m in December 2018. Consumer credit in Egypt averaged EGP 12,300,9.84m from 2004 until 2019, reaching an …
After long overdue period, time has come: CEO of B Tech
New consumer finance law is a must to control sector embracing about 20 companies, says Khattab
Possible challenges ahead: former chairperson of FRA
Financial Markets Adviser and former Chairperson of the FRA, Sherif Samy, said that every country in the world is keen to protect its consumers and to control markets through drafted laws, including activities of services and trade sectors. But for consumer financing activities, countries are different in dealing with them, as Samy clarified to Daily …
Consumer financing activity under control
Activities worth EGP 70bn to experience first legislative framework ever
Timing key factor for IPOs to succeed: Vice Chairperson of AAIS
Through offering, Eastern Company left public enterprise sector, became more affiliated to private sector
Offering banks’ stakes will be crossroad for IPOs: financial analyst
Implementation of IPO’s first phase is positive message indicating that state is serious, says Ehab Saeed
Launching IPOs will strengthen EGX in global stock markets: CEO of Prime Securities
Opted companies to be offered are good selections as they include big indexed names
Egypt seeks to raise EGP 100bn by selling stakes in over 20 state-owned companies: Bloomberg
Ten companies will see their shares floated for first time
Starting IPOs programme reflects successful economic reform plan: SIS
EGX experienced notable improvement in its performance, which enhanced investors’ confidence
New offerings will attract new investors, new capital into Egyptian market: head of securities division at FEDCOC
Market anticipating offering of petroleum companies, banks’ stakes, marking turning point for Egypt’s economy
Chosen companies to be offered in EGX will improve market liquidity: Abo Basha
IPOs programme is ‘raft’ for companies, simultaneously offering new financial resources for government
Time to benefit from country’s competencies to establish real gold mining industry in Egypt: Al-Nagi
President Al-Sisi’s second term experiencing more facilities, incentives for investors
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Egypt to become medical tourism hub, making significant progress in Hepatitis “C” eradication: Executive Director of Tour n’ Cure
“Egypt needs to focus on export this phase, bureaucracy significant challenge foreign investor faces here”
Egypt on right track, patience required till full implementation of economic reform plan: Elgarhy
I am optimistic about future of Egypt’s economy; government, businesspersons alike must do more
Egyptians bear 70% of fuel prices through threefold price hikes in 2 years
To meet the demands of the IMF to grant Egypt the $12bn loan, curb the budget deficit, and to deal with the increasing inflation rate, fuel subsidies underwent non-recurrent stages to be phased out, toward being fully suspended in 2019 according to a subsequent 2018 statement for the Minister of Petroleum and Mineral Resources, Tarek …
Municipalities’ contribution to national income is not less than 30%: former governor of Qaliubiya, Menoufiya
Local community activities in governorates contribute 30% to national income
Egypt informal settlement-free by 2019, quelling it fully by 2030: executive director of ISDF Khaled Seddiq
President Al-Sisi cited decree to consider NUCA’s budget surplus as new source of funding our projects
RMG exports to hit $1.6bn by 2019, attracting 300 new exporters: says head of RMGEC
Optimistic for the future of Egypt’s economic growth and the performance of the sector, Head of Ready-Made Garments export council, Mohamed Al Sayad, said that the RMGEC’s exports can hit $1.6bn by the beginning of 2019, benefiting from all incentives that government is offering to boost exports’ performance, as well as undertaking economic reforms. In …
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More investments, promotion required to boost Egypt’s presence in Africa
Ambassador Gamal Bayoumi, secretary-general of the Arab Investors Union (AIU), said that injecting more direct Egyptian investments in the African market will significantly help in boosting Egypt’s presence in the continent. He added in an interview with Daily News Egypt that Egypt must take real action on the ground, not only organising events, to succeed …
Egyptian exports still lack international quality standards, which require us to reconsider all our regulations related to product quality censorship
Accrediting Egyptian trademark is a must, says Abo Elmakarem
Exports among challenges against country’s promising opportunities
Situation impeded state efforts of doubling export rates as it is important source of national income
Custom dollar, propelling local manufacturing, troubling importers
Decision triggered controversy among all concerned bodies
Only 4% is share of Egyptian medication in exports, says head of ECPI
Our medication exports reached $678m in 2005, representing six times current volume, says George