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Meet our founder of the week: Dyne’s Amr Farid

... entrepreneurs. Speaking to us this week is Amr Farid (LinkedIn), co-founder and CEO of Dyne.My name is Amr Farid and I am the co-founder and CEO of Dyne, a dynamic one-stop-shop to facilitate the operation of restaurants. Dyne is transforming the restaurant industry by turning real-time data into actionable insights for restaurant owners. Our...

Tuesday, 27 August 2024

UK to channel USD 400 mn in budget support?

... on the EGX, FRA chair Mohamed Farid said, according to an FRA statement yesterday.Digitization, robo advisors are also on the FRA’s priority list: The authority is also seeking to digitize non-banking financial transactions and introduce licenses allowing virtual advisors — known as robo-advisors — to manage investment portfolios, Farid said.Robo-what? The AI-powered...

Tuesday, 23 April 2024

POLITICS | EnterpriseAM

El Sisi gets a third term — here’s what to watch for next on the economy

... — 4.5% and nearly 2 mn votes;Farid Zahran (Egyptian Social Democratic Party) — 4% and 1.8 mn votes;Abdel Sanad Yamama (Al Wafd Party) — 1.9% and 822k votes.Who voted? Over 44.8 mn people cast ballots, putting the official turnout rate at 66.8%— well over the 41.05% rate we saw at the 2018 election that handed El Sisi his second term. Some 98.9% of all ballots cast were valid.Vict...

Tuesday, 19 December 2023

A busy day at home and abroad: Egypt’s presidential election wraps, COP28 closes, the UN votes on Gaza, and the Fed kicks off its final policy meeting of 2023

... Egyptian Social Democratic Party’s Farid Zahran, and the Republican People Party’s Hazem Omar.Officials say turnout has been impressive: Some 30 mn people have voted in the first two days of the ballot, the highest number to participate in an election in the country’s history, the head of the National Elections Authority (NEA) told reporters yesterday (watch, runtime: 19:35). Arou...

Tuesday, 12 December 2023

All about the elections

... Egyptian Social Democratic Party’s Farid Zahran, and the Republican People Party’s Hazem Omar’s presidential campaigns took over Al Hayah Al Youm (watch, runtime: 2:41) and Masa’a DMC (watch, runtime: 2:40 | 2:37). ALSO ON THE AIRWAVES- Now’s not the time for a Marsa Alam getaway: Heavy flooding resulted in authorities closing down a number of roads leading to the Red Sea resort ...

Thursday, 7 December 2023

Hamas-Israel hostage swap dominates the airwaves

... Hazem Omar (watch, runtime: 0:33); Farid Zahran (watch, runtime: 0:27); Abdel Sanad Yamama (watch, runtime: 0:27); and President Abdel Fatah El Sisi (watch, runtime: 1:19). Elections will run between 10-12 December at home while polls will be open on 1-3 December for Egyptian expats. Masks out: Expect bad weather in the nation’s capital today, with high winds of 50 km/h likely sti...

Sunday, 26 November 2023

It was all about the upcoming presidential elections on the airwaves

... Egyptian Social Democratic Party Farid Zahran joined El Hekaya’s Amr Adib to voice his support for the government’s privatization program (watch, runtime; 3:21). Checking in with the remaining candidates: Al Hayah Al Youm followed up on the presidential campaigns of President Abdel Fattah El Sisi (watch, runtime: 1:18) and Al Wafd’s presidential candidate Abdel Sanad ...

Tuesday, 21 November 2023

Gaza coverage continues on the airwaves on day 44 of Israel’s brutal war

... Egyptian Social Democratic Party’s Farid Zahran, the Republican People’s Party Hazem Omar, and President Abdel Fattah El Sisi are all working on their presidential campaigns as they prepare for Egyptians to head to the polls in December, and Al Hayah Al Youm’s Lubna Assal made sure to give it some coverage (watch, runtime: 4:07 | 1:13)#3- Day 1 of Cairo ICT: Communications Ministe...

Monday, 20 November 2023

It was all about the election and the AIIB on the talk shows

... of his potential challengers, Farid Zahran, all featured on the airwaves. We have full coverage of the press conference in this morning’s news well, above. #1- Election 2023: Kelma Akhira host Lamees El Hadidi walked the audience through the election timetable (watch, runtime: 14:39), Al Hayah Al Youm’s Lobna Asal dedicated airtime to the press conference (watch, runtime: 4:13), ...

Tuesday, 26 September 2023

The National Dialogue, Telecom Egypt and East Owainat lead the talk shows

... runtime: 4:27). FRA head Mohamed Farid also commented on the sale during an interview with El Hekaya’s Amr Adib (watch, runtime: 3:16).A golden debut: Amr Adib dedicated most of his interview with Farid to discussing the launch of Azimut and Evolve Holding’s gold-backed investment fund, which was officially unveiled yesterday (watch, runtime:...

Monday, 15 May 2023

THIS MORNING: EFG Hermes’ One on One investor conference starts today + Foreign reserves rise in February

... in the Allam family as Hassan, Amr, May, and Mariam mourn the loss — and celebrate the memory — of their father.IN MEMORIAM- Hassan Allam Holding’s Essam Allam passed away yesterday. Essam was an elder statesman of one of the nation’s most prominent and storied business families and the father of Amr and Hassan Allam, the company’s CEOs today. Hassan Allam Holding tra...

Monday, 6 March 2023

ECONOMY | EnterpriseAM

Plenty of privatization + industry talk on day 2 of the Egypt Economic Conference 2022

... here, Communications Minister Amr Talaat said in a session, without providing details on the planned incentives.Residency for foreign property owners on the table? The government is looking into introducing a scheme that would grant foreigners long-term Egyptian residency permits if they invest in property here, Madbouly said. Conference participants had called for the introducti...

Tuesday, 25 October 2022

MOVES | EnterpriseAM

Madbouly appoints new FRA board

... head: Former EGX boss Mohamed Farid was appointed as acting chairman of the FRA for one year earlier this month. He succeeds Mohamed Omran, who stepped down after five years at the helm of the regulator.The FRA’s deputies are retaining their roles: Ahmed Abdel Rahman El Sheikh and Islam Azzam are staying in post as the FRA’s deputy chairmen.Joining the board: One of the central b...

Sunday, 28 August 2022

The float of the EGP, interest rate hike and expansion of the social safety net dominated the airwaves last night

... Commerce Attia Hamad told El Hekaya’s Amr Adib in a phone-in (watch, runtime 4:52). Awareness campaigns are currently underway to notify all bakery owners of the caps, which they have to abide by within the next three days or face criminal proceedings, he said. We have all the details on the price controls in this morning’s Commodities section, above.Some 10.8 mn people stand to b...

Tuesday, 22 March 2022

CAPITAL MARKETS | EnterpriseAM

Only 10 EGX companies are attractive to foreign investors, says RenCap

... attractive to foreign investors, Amr Helal, Renaissance Capital’s North Africa CEO, said at a conference yesterday, according to Al Shorouk.Among the top of the list: Speaking at the Portfolio Egypt 2021 conference, Helal named leading private-sector bank CIB, state-run tobacco monopoly Eastern Company, e-payment firm Fawry and Cleopatra Hospitals Group as the most attractive EGX-...

Monday, 28 June 2021

Economic measures to combat covid-19 top story on talk shows

... president’s statement. El Hekaya's Amr Adib spoke by phone with Mohamed Farid, the head of stock exchange, to discuss the news (watch, runtime: 5:36). We have more on the CBE support for the EGX in this morning’s Speed Round below, and more on El Sisi’s speech in What We’re Tracking Today. Lamees talks economic policy with Hala El Said: El Hadidi spoke via phone with ...

Monday, 23 March 2020

What we’re tracking on 25 February 2020

... find ourselves in agreement with Amr Adib after the voluble talkshow host and lesser half of the Lamees-and- Amr duo suggested last night that he couldn’t quite figure out why Egypt is resuming flights to China in the midst of the covid-19 outbreak, which has led most other major airlines suspending flights there (watch, runtime: 2:13). We have more on El Corona just ...

Tuesday, 25 February 2020

What we’re tracking on 28 May 2019

... same time as EGX boss Mohamed Farid tells us that a tax on capital gains made in the stock market could be back on the agenda for next year. We have chapter and verse in this morning’s Speed Round, below. Still, it’s a slow morning as western markets return from holiday long weekends and as Cairo slips quietly into the final days of Ramadan. Conventional wisdom is that Eid El Fit...

Tuesday, 28 May 2019

Mixed night on Egypt’s airwaves: constitutional referendum, Arab stock exchange conference, electricity policy

... Egypt. And for your daily dose of Amr Adib: El Hekaya’s Amr Adib rang up EGX Chairman Mohamed Farid for a comment on the Arab Federation of Exchanges’ annual conference, which kicks off this morning and continues tomorrow in Cairo (watch, runtime: 5:20). Farid noted that this year’s conference is special, given that Egypt is assuming the fede...

Tuesday, 23 April 2019