foreign investments

Total cancels US$6 billion project due to political unrest
Business

Total cancels US$6 billion project due to political unrest

Total, a French multinational oil and gas company, has withdrawn from a US$6 billion deal it had made with the…
Czech delegation to visit Egypt next week
Business

Czech delegation to visit Egypt next week

A high-level delegation from the Czech Republic, including the foreign minister and 15 heads of leading companies, will visit Cairo…
Report: Egypt, Saudi Arabia agree to keep kingdom’s investments intact
Business

Report: Egypt, Saudi Arabia agree to keep kingdom’s investments intact

The People’s Assembly Economic Affairs Committee has agreed to uphold all existing contracts governing Saudi Arabia’s US$27 billion in Egyptian…
Petroleum Minister: Foreign companies committed to investments
Business

Petroleum Minister: Foreign companies committed to investments

The majority of foreign companies in the field of oil and natural gas development and exploration are committed to their Egyptian investments,…
Foreign investment in communications declines amid unrest
Business

Foreign investment in communications declines amid unrest

Current events in Egypt have caused some foreign companies to refrain from investing in Egypt, while other communication centers have…
Egypt seeks annual investment of US$10 billion
Business

Egypt seeks annual investment of US$10 billion

Prime Minister Ahmed Nazif on Wednesday met with cabinet members and Central Bank of Egypt officials to outline the upcoming…
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