investments
Egypt’s Sawiris says CI Capital acquisition stalled by security
Business
March 27, 2016
Egypt’s Sawiris says CI Capital acquisition stalled by security
Egyptian billionaire Naguib Sawiris said on Sunday his bid to acquire CI Capital, the investment arm of Egypt's largest listed…
Egypt, S.Korea sign 9 deals during Sisi’s visit
Egypt
March 3, 2016
Egypt, S.Korea sign 9 deals during Sisi’s visit
Egypt’s President Abdel Fattah al-Sisi signed Thursday morning nine agreements and memos with South Korean President Park Chung-hee in Seoul…
Central Bank chief dismisses reports of investor exit as ‘malicious’
Business
February 20, 2016
Central Bank chief dismisses reports of investor exit as ‘malicious’
Central Bank Governor Tareq Amer has assured Egyptians of the resilience of the country’s economy, dismissing reports about investors leaving…
CI Capital gets expression of interest from National Bank of Egypt
Business
February 7, 2016
CI Capital gets expression of interest from National Bank of Egypt
The National Bank of Egypt's investment arm has expressed an interest in CI Capital, a subsidiary of Commercial International Bank…
248 licenses worth LE1.5 bn issued for industrial projects in December: IDA
Business
January 17, 2016
248 licenses worth LE1.5 bn issued for industrial projects in December: IDA
Licenses were issued for 248 industrial projects at a cost of LE1.5 billion in December 2015, the Industrial Development Authority…
Cairo, Riyadh to sign 12 investment deals on Jan. 5
Business
December 31, 2015
Cairo, Riyadh to sign 12 investment deals on Jan. 5
Egypt and Saudi Arabia will sign 12 memorandums for Saudi investments in Cairo as a joint committee by both countries…
Egypt drops to 131st place in quality of business environment: World Bank
Business
October 28, 2015
Egypt drops to 131st place in quality of business environment: World Bank
Egypt has ranked 131st among 188 countries when gauging positive factors encouraging local and foreign investors to start a business,…
A government under economic siege
Business
October 13, 2015
A government under economic siege
Central Bank data has revealed a 4.3 percent increase in net foreign debt in the recently completed fiscal year, recording…
Report: Private sector investments in past 3 years US$60 bn
Business
July 27, 2015
Report: Private sector investments in past 3 years US$60 bn
The annual report of the Egyptian Businessmen's Association has revealed that the total size of investments by the private sector…
Egypt 4th most sued by investors as new trade deal approaches
Business
July 27, 2015
Egypt 4th most sued by investors as new trade deal approaches
Egypt ranks fourth among countries most sued by investors, according to data from the United Nations Conference on Trade and…