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…
First international Coptic bank to be established in Sweden
Business

First international Coptic bank to be established in Sweden

A group of Coptic businessmen resident in Stockholm, Sweden have established an investment company with the aim of launching the…
Court postpones lawsuit against Saudi prince’s Toshka land deal
Business

Court postpones lawsuit against Saudi prince’s Toshka land deal

The Administrative Court on Monday postponed to 14 December discussion of a lawsuit calling for the annulment of a contract…
Minister: LE7 billion spent on Toshka with few tangible returns
Business

Minister: LE7 billion spent on Toshka with few tangible returns

Although the government has spent some LE7 billion on the Toshka land reclamation project, only 60,000 acres of land have…
Egypt climbs to 94th place on annual ‘Doing Business’ report
Business

Egypt climbs to 94th place on annual ‘Doing Business’ report

Egypt has risen to 94th place out of 183 countries in the 2011 "Doing Business" report, issued jointly by the…
Egypt exchange maintains upward trend amid investor confidence
Business

Egypt exchange maintains upward trend amid investor confidence

Egypt's EGX 30 stock market index has continued its gradual climb, rising 0.7 percent to settle at 6701.18 points by…
Carlyle Group eyeing Egypt, Morocco investments
Business

Carlyle Group eyeing Egypt, Morocco investments

Marrakech-- US buyout fund Carlyle Group plans to invest about US$300 million in the Middle East and North Africa within…
Egyptian companies, banks in talks over Nile Basin investment projects
Business

Egyptian companies, banks in talks over Nile Basin investment projects

Talks are currently underway between Egypt's Arab Contractors Construction Company and three Egyptian banks--Ahli, Misr and Bank du Caire--to discuss…
Multinational developers consider investing in Egyptian real estate
Business

Multinational developers consider investing in Egyptian real estate

The Egyptian real estate market has become the focus of interest on the part of several multinational companies, some of…
Ministry pledges to maintain transparency, argues for Egyptian investment stability
Egypt

Ministry pledges to maintain transparency, argues for Egyptian investment stability

Egypt's Minister of Trade and Industry Rachid Mohamed Rachid on Tuesday said the government “is not going to hide behind…
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