foreign investment

Iraq wants American firm to replace Exxon, prime minister says
Middle East

Iraq wants American firm to replace Exxon, prime minister says

WASHINGTON, July 26 (Reuters) – Iraq’s Prime Minister Mustafa al-Kadhimi said on Monday he wants another American company to replace…
Analysis: Foreigners suspend disbelief, edge back into Turkish markets
Middle East

Analysis: Foreigners suspend disbelief, edge back into Turkish markets

ANKARA/NEW YORK (Reuters) – Foreign investors who for years saw Turkey as a lost cause of economic mismanagement are edging…
Egypt’s GAFI to grant foreign investors 5-year residency visas
Business

Egypt’s GAFI to grant foreign investors 5-year residency visas

The Board of Directors for Egypt’s General Authority for Investment and Free Zones (GAFI) approved on Thursday new regulations aimed…
Volume of South Korea-Egypt trade records US$2.2 bn: Ambassador
Business

Volume of South Korea-Egypt trade records US$2.2 bn: Ambassador

The volume of trade between South Korea and Egypt is now at US$2.2 billion, South Korea’s ambassador to Cairo Yoon…
PM meets with ministers on stimulating foreign investment
Business

PM meets with ministers on stimulating foreign investment

Prime Minister Mostafa Madbouly held a meeting on Monday to discuss means of stimulating foreign investment in Egypt and facilitating…
UNCTAD director praises investment climate in Egypt
Business

UNCTAD director praises investment climate in Egypt

Investment and International Cooperation Minister Sahar Nasr met with James Zhan, Director of Investment and Enterprise at the United Nations…
Sisi meets Belarus PM in Minsk
Egypt

Sisi meets Belarus PM in Minsk

President Abdel Fattah al-Sisi met on Tuesday morning with Belarus’s Prime Minister Siarhiej Rumas as part of his official visit…
OECD drops Egypt’s economic risk classification ranking
Economy

OECD drops Egypt’s economic risk classification ranking

  The Organization for Economic Co-operation and Development (OECD) officially announced that Egypt’s risk classification has dropped from six to…
‘Uber Bus’ launches in Cairo
Technology

‘Uber Bus’ launches in Cairo

  Uber CEO Dara Khosrowshahi, Chief of the US Mission in Egypt Thomas Goldberger, and Investment Minister Sahar Nasr launched…
China eases restrictions on foreign ownership of securities ventures
Business

China eases restrictions on foreign ownership of securities ventures

China’s securities regulator has released new guidelines for foreign investment in Chinese security joint ventures in which it eased some…
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