Mohamed Salah

136 Articles
The general index, which consolidates the three previous indicators, reached 87.4 points in January, up 4.9% from December, indicating public optimism in the economy (File Photo)(AFP\Photo)
BusinessEconomy

Government Report: Consumer confidence up 4.9%

The highly educated are the most optimistic, the IDSC report said

Mohamed Salah Mohamed Salah
Sukuk is expected to finance needed investments, says official
BusinessEconomy

FDI at ‘near-zero’, says minister

Sukuk is expected to finance needed investments, says official

Mohamed Salah Mohamed Salah
Orascom Construction Industries (OCI) will comply with the Egyptian Financial Supervisory Authority’s (EFSA) request for additional documentation, disclosures and clarification pertaining to the announced mandatory tender offer (MTO) by OCI NV on its ordinary shares (Photo\Public Domain)
BusinessEconomy

OCI NV to comply with EFSA request

OCI will host another extraordinary general meeting to discuss additional disclosures related…

Mohamed Salah Mohamed Salah
The Kidzania flag (Photo by Mohamed Salah)
BusinessIndustryInterviews

Kidzania Egypt to open soon

750,000 to 1.2 million visitors expected annually

Mohamed Salah Mohamed Salah
The head of the Tobacco Division at the FEI accuses the Government of singling out the industry, following proposed tax increases on tobacco products (Photo by Laurence Underhill)
BusinessEconomy

Tax proposal draws tobacco industry’s ire

The government singling out the tobacco industry, says the Head of the…

Mohamed Salah Mohamed Salah
The new Sukuk law will be approved on Wednesday by the cabinet before being referred to the Shura Council (File Photo)(DNE/ FILE PHOTO)
BusinessEconomy

Sukuk law to be deliberated by Shura council, Wednesday

The word ‘Islamic’ was removed from the new law

Mohamed Salah Mohamed Salah
BusinessEconomy

Experts: Currency war will not affect Egypt

The devalued Egyptian pound and current consumer attitudes give the local economy…

Mohamed Salah Mohamed Salah
Whenever the price of the dollar inches up, importers worry that the rise will affect demand for their products, and so they adopt a “wait-and-see” approach to test the market (AFP/Photo)
BusinessEconomy

CAPMAS: Trade deficit jumps 28.8% year-on-year in November

Exports fell by 1.5%, while imports jumped 14.4% during the same period

Mohamed Salah Mohamed Salah
Orascom Construction Industries (OCI) will comply with the Egyptian Financial Supervisory Authority’s (EFSA) request for additional documentation, disclosures and clarification pertaining to the announced mandatory tender offer (MTO) by OCI NV on its ordinary shares (Photo\Public Domain)
BusinessEconomy

OCI NV offer accepted

Abraaj Group and the Sawiris family did not vote

Mohamed Salah Mohamed Salah
BusinessEconomy

Debt swap on hold

Deal includes projects in the fields of education and employment

Mohamed Salah Mohamed Salah