investment
Egypt ranked as top investment destination in Africa for 2018: African Ban RMB
Egypt
September 19, 2017
Egypt ranked as top investment destination in Africa for 2018: African Ban RMB
Egypt has replaced South Africa as the top investment destination in Africa due to a superior economic activity score, while…
Jushi company signs contract to expand projects in Suez Canal Economic Zone
Business
September 8, 2017
Jushi company signs contract to expand projects in Suez Canal Economic Zone
Vice President of the Suez Canal Economic Zone Authority of the Southern Region, Major General Mahfouz Abdelrahman Taha, and Chairman…
Egypt tourism revenue bounces back after crippling dollar shortage: Bloomberg
Economy
August 16, 2017
Egypt tourism revenue bounces back after crippling dollar shortage: Bloomberg
Egypt’s tourism revenues rose to $1.5 billion in the fourth quarter of 2017, up from $510 million in the same…
Alwaleed bin Talal to invest in the $50 million ‘Egypt Ventures’ fund
Economy
August 14, 2017
Alwaleed bin Talal to invest in the $50 million ‘Egypt Ventures’ fund
Global Saudi investor and businessman Al Waleed bin Talal plans to invest in the Investment Ministry’s $50 million development fund,…
Egypt eyes $30 billion investments in SCZone
Economy
July 26, 2017
Egypt eyes $30 billion investments in SCZone
Minister of International Cooperation Sahar Nasr said that Egypt aims to attract investments of about $30 billion in the Suez…
Egyptians accepted economic reforms with confidence: Sisi in Hungary
Egypt
July 4, 2017
Egyptians accepted economic reforms with confidence: Sisi in Hungary
“Egyptian people seek to change their reality, bore the difficult economic measures and accepted them, because they are convinced of…
Minister signs agreement establishing first Development Investment Support Fund
Business
June 21, 2017
Minister signs agreement establishing first Development Investment Support Fund
International Cooperation Minister Sahar Nasr signed on Wednesday an agreement with Randa abul Hassan, country director of the United Nations…
Britain to inject $400 million in Suez Canal new power station: Minister
Business
June 21, 2017
Britain to inject $400 million in Suez Canal new power station: Minister
The British International Investment Funds Association said it would inject US $400 million in direct investment to finance a new…
Egypt pays off $2.2 bn as part of scheduled $4.5 bn oil debt
Egypt
June 9, 2017
Egypt pays off $2.2 bn as part of scheduled $4.5 bn oil debt
Egypt succeeded over the last three weeks, in paying off $2.2 billion dollars from oil debts dedicated to international oil…
China vows to adhere to Paris climate deal
World
June 1, 2017
China vows to adhere to Paris climate deal
China will “steadfastly” implement the Paris climate pact, Premier Li Keqiang said Thursday, urging others to do likewise as US…