investment
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…
International Cooperation Minister Sahar Nasr discusses investment with China’s CTGN Arabic
Business
May 23, 2017
International Cooperation Minister Sahar Nasr discusses investment with China’s CTGN Arabic
The Belt and Road Forum, an investment forum organized by the Chinese government, hosted Egypt’s International Cooperation Minister Sahar Nasr…
Softbank-Saudi tech fund becomes world’s biggest with $93 billion of capital
Business
May 21, 2017
Softbank-Saudi tech fund becomes world’s biggest with $93 billion of capital
The world’s largest private equity fund, backed by Japan’s Softbank Group and Saudi Arabia’s main sovereign wealth fund, said on…
Saudi Arabia to increase investment in Egypt up to $51 bn
Business
May 20, 2017
Saudi Arabia to increase investment in Egypt up to $51 bn
The Saudi-Egyptian Business Council plans to increase investments by both the Saudi government and private sectors in Egypt to reach…