investment

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…
Sudan’s uncertainty leaves Egypt struggling to preserve interests
Egypt

Sudan’s uncertainty leaves Egypt struggling to preserve interests

Amid recent escalation in the war of words between northern and southern officials in Sudan’s ever-embattled political landscape, indicators suggest…
Govt, private sector to cultivate 1.5 million acres of Sudanese land
Business

Govt, private sector to cultivate 1.5 million acres of Sudanese land

The Agriculture Ministry has announced plans to inject more funds into the Egyptian-Sudanese Joint Company to go towards the cultivation…
Trade Minister: Govt to devise new system for allocation of state land
Business

Trade Minister: Govt to devise new system for allocation of state land

Trade and Industry Minister Rachid Mohamed Rachid on Tuesday announced that the government was in the process of devising a…
Committee to present legal findings on state land violations by year-end
Business

Committee to present legal findings on state land violations by year-end

The government has set a December deadline for a technical committee formed by the Agriculture
Egypt state pension fund to invest in private sector
Business

Egypt state pension fund to invest in private sector

Egypt's state pension fund will begin directing billions of dollars into private investments when a new pension law comes into…
Sawiris: Succession uncertainty fuels investment anxiety
Egypt

Sawiris: Succession uncertainty fuels investment anxiety

London--Naguib Sawiris, chairman of Egypt's Orascom Telecom, said the political ambiguity that surrounds who will succeed President Hosni Mubarak is…
Direct foreign investment in Egypt down 16%
Business

Direct foreign investment in Egypt down 16%

According to data released by the Central Bank of Egypt, direct foreign investment in Egypt in the fiscal year 2009/10…
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