investment

Egypt expects US$13-15 bln in foreign investment next fiscal year: finance minister
Business

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

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…
Saudi king signs range of deals in Indonesia at start of visit
World

Saudi king signs range of deals in Indonesia at start of visit

Saudi Arabia's King Salman held talks with Indonesia's president on Wednesday and signed a range of cooperation agreements at the…
European delegations to visit Cairo for investment opportunities
Business

European delegations to visit Cairo for investment opportunities

Several European countries have started organizing official visits to Cairo for delegations comprised of investors and businessmen to discuss investment opportunities in…
Egypt has become attractive for foreign investment: US ambassador to Cairo
Egypt

Egypt has become attractive for foreign investment: US ambassador to Cairo

US ambassador to Cairo Stephen Beecroft said the new US administration is doing its best to seek cooperation with Egypt…
20 foreign, Egyptian companies propose Red Sea investments worth LE50 bn
Business

20 foreign, Egyptian companies propose Red Sea investments worth LE50 bn

The Red Sea Governorate announced its cooperation with the Ministry of Investment to decide by mid-March on offers made by…
UK plans to increase investment in Egypt: ambassador
Egypt

UK plans to increase investment in Egypt: ambassador

The UK is keen to increase its investment in Egypt in the coming period, British ambassador to Cairo John Casson…
Sisi welcomes transforming Egypt into regional center for gas, oil commerce
Business

Sisi welcomes transforming Egypt into regional center for gas, oil commerce

President Abdel Fattah al-Sisi inaugurated, Tuesday, the Oil and Gas International Conference and Exhibition in Egypt (EGYPS 2017) which is being held in Cairo from February…
Egypt’s Sawiris markets US$235 mn real estate project on Cyprus beaches
Business

Egypt’s Sawiris markets US$235 mn real estate project on Cyprus beaches

Egyptian business tycoon Naguib Sawiris is eyeing major investments for a US$235 million real estate project on the coast of Ayia…
Egypt’s long-awaited investment law to go before cabinet shortly
Business

Egypt’s long-awaited investment law to go before cabinet shortly

A draft of a long-awaited Egyptian investment law aimed at reviving the country's economy and attracting foreign investors will be…
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