investment
Sisi meets US trade delegation, highlights quality Egyptian exports
Egypt
October 25, 2016
Sisi meets US trade delegation, highlights quality Egyptian exports
President Abdel Fattah al-Sisi met on Monday with a US business delegation on a visit to Cairo, seeking to assert…
Delegation of 50 US companies in Egypt to tackle investment opportunities
Business
October 24, 2016
Delegation of 50 US companies in Egypt to tackle investment opportunities
A delegation composed of representatives of 50 US companies, headed by Senior Advisor to the Secretary of State David Thorne,…
Egypt to send new investment law to cabinet next month
Egypt
October 20, 2016
Egypt to send new investment law to cabinet next month
A draft of a new investment law will be sent to the Egyptian cabinet next month, Investment Minister Dalia Khorshid…
Saudi Arabia, SoftBank aim to be world’s No. 1 tech investor with $100 billion fund
Business
October 14, 2016
Saudi Arabia, SoftBank aim to be world’s No. 1 tech investor with $100 billion fund
Saudi Arabia and Japan's SoftBank Group (9984.T) will create a technology investment fund that could grow as large as $100…
Revenues from Suez Canal traffic down by 4.5% on previous year: CBE report
Business
September 23, 2016
Revenues from Suez Canal traffic down by 4.5% on previous year: CBE report
In a report published on Wednesday, the Central Bank announced that revenues from Suez Canal traffic decreased by 4.5 percent…
IMF announces three-year $12 bln funding deal with Egypt
Egypt
August 11, 2016
IMF announces three-year $12 bln funding deal with Egypt
The International Monetary Fund (IMF) said on Thursday it had reached a staff-level agreement with Egypt for a $12 billion…
MPs refuse to consider bill offering citizenship in return for dollars
Egypt
August 4, 2016
MPs refuse to consider bill offering citizenship in return for dollars
Seventy MPs have announced their outright rejection of a bill submitted to parliament by MP Mahmoud Attia granting Egyptian nationality…
Net foreign direct investment up by 13.7%: Investment Ministry
Business
July 8, 2016
Net foreign direct investment up by 13.7%: Investment Ministry
The Investment Ministry has released figures suggesting a net increase in foreign direct investment (FDI) in Egypt during the 2015-2016…
Eni to invest US$2 bn in Egypt in 2017: official
Business
February 28, 2016
Eni to invest US$2 bn in Egypt in 2017: official
The Italian multinational oil and gas company Eni will add US$2 billion to Egypt's investments in the first quarter of 2017 through its Zohr natural gas…
Egypt’s investment climate worst in Arab world: business tycoon
Egypt
February 22, 2016
Egypt’s investment climate worst in Arab world: business tycoon
Orascom Holding Group Chairman and business tycoon Samih Sawiris criticized the investment climate in Egypt describing it as the "worst…