development

New lands to be available for industrial development
Business

New lands to be available for industrial development

Up to 5 million square meters of new lands will be available for industrial investment soon, divided into nine industrial…
Qatar says to invest US$18 billion in Egypt economy
Business

Qatar says to invest US$18 billion in Egypt economy

Qatar said on Thursday it would invest US$18 billion dollars in tourism and industry projects along Egypt's Mediterranean coast over…
Donors pledge US$6.4 billion in aid to Yemen
World

Donors pledge US$6.4 billion in aid to Yemen

RIYADH — A group of international donors pledged US$6.4 billion of aid to Yemen on Tuesday to help the impoverished country rebuild after it…
Egypt needs investments of US$45 billion to meet target growth rate
Business

Egypt needs investments of US$45 billion to meet target growth rate

Egypt needs LE276 billion (US$45 billion) in investment this year to meet its targeted growth rate, Prime Minister Hesham Qandil…
Govt allocates LE1.95 bn for Sinai development
Egypt

Govt allocates LE1.95 bn for Sinai development

The government allocated LE1.95 billion for the development of Sinai in the current year's budget, said on Monday Major General…
US delegation in favor of IMF loan, protesters say no
Business

US delegation in favor of IMF loan, protesters say no

The head of the US economic delegation said Wednesday that United States welcomes Egypt's negotiations with the IMF as the…
Morsy scores US$4.9 bn in investments on China trip
Egypt

Morsy scores US$4.9 bn in investments on China trip

Presidential spokesman Yasser Ali has said several investment agreements were signed between Egyptian and Chinese businessmen during President Morsy’s visit…
Morsy rules out currency devaluation
Business

Morsy rules out currency devaluation

  Egypt's new president said on Monday he would not impose new taxes or devalue the country's currency and that…
Lagarde, Qandil hope for IMF deal before end of year
Business

Lagarde, Qandil hope for IMF deal before end of year

The Egyptian government has entered negotiations with the International Monetary Fund for a US$4.8 billion loan, Prime Minister Hesham Qandil…
Back to top button