foreign investment

Egypt unlikely to hit 2012 investment target
Business

Egypt unlikely to hit 2012 investment target

Egypt is unlikely to lure the foreign investment it hoped for this year as nervous overseas businesses spend small following…
Qatar waiting for ‘stability’ before launching Egypt investment projects
Business

Qatar waiting for ‘stability’ before launching Egypt investment projects

Qatar has not invested the promised US$10 billion in Egypt due to the latter’s instability, said Qatari Foreign Minister Khaled…
Initiative seeks to raise money from engineers to support Egyptian economy
Business

Initiative seeks to raise money from engineers to support Egyptian economy

Engineers Syndicate members launched a new initiative to raise LE12 billion from engineers working in Gulf countries in order to…
Economy will recover once security is restored, say experts
Business

Economy will recover once security is restored, say experts

Economists have forecast that the Egyptian economy will recover once the security situation in Egypt returns to normal. “Restoring security…
Experts question government efforts to promote investment
Business

Experts question government efforts to promote investment

Investors and experts have criticized a recent announcement by Prime Minister Kamal al-Ganzouri that the government is seeking to attract…
Investment in Egypt risky, says EU Commission official
Business

Investment in Egypt risky, says EU Commission official

European experts have warned of investment risks in Egypt, as the economy has been hit by numerous labor and political…
Saudi’s Savola takes full control of 2 Egypt firms
Business

Saudi’s Savola takes full control of 2 Egypt firms

JEDDAH — Saudi food group Savola has bought the remaining 22 percent stakes in two Egyptian companies it acquired in…
Experts warn of negative credit ratings affecting foreign investment
Business

Experts warn of negative credit ratings affecting foreign investment

Economists have warned that negative credit ratings for the Egyptian economy would adversely affect foreign investment. The international rating agency…
ElBaradei: Egypt still attracts foreign investment
Egypt

ElBaradei: Egypt still attracts foreign investment

Presidential candidate Mohamed ElBaradei, in a meeting with Arab and foreign investors on Tuesday, said Egypt can still attract long-term…
Officials bank on graft-free image to attact foreign investors
Business

Officials bank on graft-free image to attact foreign investors

A decline in corruption since the 25 January revolution is likely to lead to an increase in foreign investment in…
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