Yousry ElHawary

Banque Misr CEO defends banks amid ‘unfair’ accusations
Business

Banque Misr CEO defends banks amid ‘unfair’ accusations

Al-Masry Al-Youm sits down with President of the Union of Arab Banks and Banque Misr CEO, Mohamed Barakat to discuss…
Government to inject LE130 million into telecom sector
Business

Government to inject LE130 million into telecom sector

The government will lend LE130 million to telecommunications companies to help them overcome the current recession, the communications and information…
Car insurance companies mull raising premiums by 50%
Business

Car insurance companies mull raising premiums by 50%

Ahmed Abul Enein, director of car insurance at the Misr Insurance Company, said that the Egyptian Union of Insurance Companies…
Foreign reserves drop by US$7.2 bn
Business

Foreign reserves drop by US$7.2 bn

The Central Bank's May report revealed that Egypt's foreign reserves dropped by US$7.2 billion in ten months, to stand at…
Businessmen accuse government of harming exports
Business

Businessmen accuse government of harming exports

A number of owners of private sector companies have criticized the government's decision to reduce export subsidies, arguing that it…
Egypt to form free trade zone with Africa
Business

Egypt to form free trade zone with Africa

Egypt’s economic policies will soon gear more toward African markets and Nile Basin countries, experts said. “The prime minister said…
Finance Ministry mulls joining special govt funds to state budget
Business

Finance Ministry mulls joining special govt funds to state budget

Egypt’s Ministry of Finance is considering integrating special government funds into the state budget to secure extra financial resources and…
Egyptian PM appoints new Competition Authority chairman
Business

Egyptian PM appoints new Competition Authority chairman

Prime Minister Ahmed Nazif has appointed Sameh al-Torgoman chairman of Egypt's Competition Authority for a four-year term. Al-Torgoman succeeds Mona…
Egyptian textiles producers hope to export more to US markets
Business

Egyptian textiles producers hope to export more to US markets

On Monday, Alaa Arafa, head of Egypt's Textiles Export Council, said that
Trade minister discusses bilateral trade with Kenyan counterpart
Business

Trade minister discusses bilateral trade with Kenyan counterpart

Trade and Industry Minister Rachid Mohamed Rachid on Thursday discussed ways of boosting bilateral trade with Kenya at a meeting…
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