investment

US agency invests $455 million in Middle East
Business

US agency invests $455 million in Middle East

 A US trade promotion agency will invest up to $455 million in five private equity funds in the Middle East…
Ministry to establish 3 new trade zones
Business

Ministry to establish 3 new trade zones

The Trade Ministry on Sunday signed contracts for the construction of three new trade zones in Mansoura, Beheira and Luxor,…
Q&A: Investment Minister talks privatization, protests
Business

Q&A: Investment Minister talks privatization, protests

Mahmoud Mohieldin, Egypt’s first-ever investment minister, appears to know how to take a joke--and a bit of criticism. Visitors to…
Euro-Mediterranean alliance results in 931 investment agreements
Business

Euro-Mediterranean alliance results in 931 investment agreements

The Minister of Trade and Industry Rachid Mohamed Rachid emphasized that there are several elements that will ensure the success…
CBE: FDI, remittances, exports fall in second quarter
Business

CBE: FDI, remittances, exports fall in second quarter

Foreign investment in Egypt fell by US$806 million in the second quarter of the current financial year, dropping to US$894…
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Investment minister: No return to nationalization
Business

Investment minister: No return to nationalization

Alexandria--At a conference devoted to investment opportunities in Egypt's Nile Delta on Tuesday, Investment Minister Mahmoud Mohie Eddin strongly objected…
Egypt’s political stability turning to liability?
Egypt

Egypt’s political stability turning to liability?

Egypt's calcified politics has long been judged an asset in a turbulent region but as President Hosni Mubarak ages in…
Upper Egypt industry scheme lures investors
Business

Upper Egypt industry scheme lures investors

An industrial incentive program, launched in 2007 with the aim of attracting investment to the southern provinces of Upper Egypt,…
Officials: FDI down 34.8%; tourism losses exceed LE1 billion
Business

Officials: FDI down 34.8%; tourism losses exceed LE1 billion

Total foreign investment in Egypt fell to LE2.6 billion in the first half of the 2009/10 fiscal year from LE4…
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