investment

Nestle ups Egypt investment in emerging market push
Business

Nestle ups Egypt investment in emerging market push

Nestle, the world's biggest food group, will invest about 1 billion Egyptian pounds in Egypt over the next three years…
African Development Bank allocates funds for projects in Egypt
Business

African Development Bank allocates funds for projects in Egypt

The African Development Bank has allocated US$1 billion for the finance of infrastructure projects in Egypt in 2011, bank resident…
Govt grants new steel-manufacturing licenses to four companies
Business

Govt grants new steel-manufacturing licenses to four companies

Port Said National Company for Steel, Minya's IIC for Steel Plants Management, 6 October's Al-Marakbi and Assiut’s Al-Wataniya have all…
Negotiations for purchase of Omar Effendi from Saudi owner still ongoing
Business

Negotiations for purchase of Omar Effendi from Saudi owner still ongoing

Negotiations for the sale of stake in iconic Egyptian department store Omar Effendi to an Egyptian
Egypt eyes LE1.2 trillion for private sector investment
Business

Egypt eyes LE1.2 trillion for private sector investment

Egypt aims to increase private sector investment to LE1.2 trillion within the next five years, according to Minister of Trade…
Political instability challenges Egypt’s investment environment
Business

Political instability challenges Egypt’s investment environment

A new parliament dominated by the ruling National Democratic Party (NDP) is expected to pave the way for more investment-friendly regulations.…
Egypt, Syria to launch negotiations over joint customs union
Business

Egypt, Syria to launch negotiations over joint customs union

Egyptian Trade and Industry Minister Rachid Mohamed Rachid on Thursday announced the formation of a committee mandated with conducting negotiations…
Trade minister calls for ‘identifying, removing’ obstacles to investment
Business

Trade minister calls for ‘identifying, removing’ obstacles to investment

Trade and Industry Minister Rachid Mohamed Rachid has called for "identifying and removing" the obstacles that currently impede foreign investment…
Egyptian businessmen eye investment in Nile Basin
Business

Egyptian businessmen eye investment in Nile Basin

The Egyptian Businessmen’s Association, a coalition of pro-business organizations, plans to carry out shuttle visits to Nile Basin countries in…
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