investment
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…
ILO delegation visits Egypt to review recent labor legislation
Egypt
May 14, 2017
ILO delegation visits Egypt to review recent labor legislation
A delegation from the International Labor Organization paid a visit to Egypt on Saturday to review recent labor legislation –…
Parliament approves investment bill in principle
Egypt
May 3, 2017
Parliament approves investment bill in principle
The House of Representatives approved in principle on Tuesday the draft investment law submitted by the Cabinet, amid disagreements between…
Egypt mulls granting residence permits to foreigners in return for bank deposits
Egypt
April 28, 2017
Egypt mulls granting residence permits to foreigners in return for bank deposits
The National Defense and Security Committee of the House of Representatives approved on Thursday a draft law submitted by the…
Egypt ranks 3rd most attractive investment destination in Africa: report
Economy
April 20, 2017
Egypt ranks 3rd most attractive investment destination in Africa: report
Egypt was ranked as the third most attractive investment destination in Africa by Quantum Global, an Africa-based investment management firm, according…
1,741 new companies established in March: official report
Business
April 20, 2017
1,741 new companies established in March: official report
The General Authority for Investment and Free Zones announced that 1,741 new companies were established in March with a total…
Egypt expects US$13-15 bln in foreign investment next fiscal year: finance minister
Business
March 20, 2017
Egypt expects US$13-15 bln in foreign investment next fiscal year: finance minister
Egyptian Finance Minister Amr el-Garhy said on Monday his country was expecting foreign direct investment to increase to US$13-15 billion…
China, Saudi Arabia eye US$65 billion in deals as king visits
Middle East
March 16, 2017
China, Saudi Arabia eye US$65 billion in deals as king visits
Saudi Arabia's King Salman oversaw the signing of deals worth potentially US$65 billion as he began a visit to Beijing…