investment
Govt launches its first public offering in Egyptian Stock Exchange
Business
March 3, 2019
Govt launches its first public offering in Egyptian Stock Exchange
Egypt’s government launched its first public offering on Sunday within the Egyptian Stock Exchange with a 4.5 percent share of…
Prime Minister issues regulation of Egypt’s Sovereign Wealth Fund
Business
March 3, 2019
Prime Minister issues regulation of Egypt’s Sovereign Wealth Fund
Prime Minister Mostafa Madbouly on Thursday issued the basic regulation of Egypt’s Sovereign Wealth Fund (SWF), which the government founded…
Egyptian ministers meet with Korean bank representatives in Seoul
Business
February 26, 2019
Egyptian ministers meet with Korean bank representatives in Seoul
Finance Minister Mohamed Maait, Investment and International Cooperation Minister Sahar Nasr, Chairman of the Suez Canal Authority Mohab Mamish and…
Shoukry meets Irish trade minister in Dublin
Egypt
February 20, 2019
Shoukry meets Irish trade minister in Dublin
Egypt’s Foreign Minister Sameh Shoukry met with Irish Minister of State for Trade, Employment, Business, EU Digital Single Market and…
Qatar’s real estate market faces reality check ahead of World Cup
Middle East
February 17, 2019
Qatar’s real estate market faces reality check ahead of World Cup
DOHA/DUBAI (Reuters) – Qatar’s Doha Tower, a spike-tipped cylinder that glows orange at night, won an award when finished in…
OECD drops Egypt’s economic risk classification ranking
Economy
February 4, 2019
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…
Egypt, Germany sign €150.5 million technical and financial agreements
Business
December 23, 2018
Egypt, Germany sign €150.5 million technical and financial agreements
Egypt’s Minister of Investment and International Cooperation Sahar Nasr and German Ambassador Julius Georg Luy signed on Sunday…
Careem to inject investments up to US $120 million in 2019
Business
December 23, 2018
Careem to inject investments up to US $120 million in 2019
Careem CEO Wael Abu al-Ella stated on Saturday that the company would inject investments up to $120 million in…
Egypt, World Bank sign $1 billion agreement to support private sector
Business
December 19, 2018
Egypt, World Bank sign $1 billion agreement to support private sector
The Egyptian government and the World Bank signed a US $1 billion agreement to support the Egyptian private sector…
IMF board approves new Ukraine loan package
World
December 19, 2018
IMF board approves new Ukraine loan package
The International Monetary Fund executive board on Tuesday gave final approval to a new loan package for Ukraine and released…