investments

248 licenses worth LE1.5 bn issued for industrial projects in December: IDA
Business

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

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

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

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

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

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…
Trade Ministry considers website for businessmen eyeing Africa
Business

Trade Ministry considers website for businessmen eyeing Africa

The Foreign Trade and Industry Ministry has disclosed plans to launch a website catering to Egyptian businessmen in search of investment…
Egypt targets LE417 investments this fiscal year
Business

Egypt targets LE417 investments this fiscal year

The Egyptian government is targeting LE416.6 billion (US$55 billion) in investments for the fiscal year of 2015/16, compared to LE353.7…
Center predicts outcome for Egypt’s anti-terror battle
Business

Center predicts outcome for Egypt’s anti-terror battle

An economic research center has predicted possible outcomes for Egypt’s economy based on positive or negative results stemming from the…
Egypt signs up for Asian infrastructure investment bank
Business

Egypt signs up for Asian infrastructure investment bank

Egypt signed on Monday the founding agreement for the nascent Asian Infrastructure Investment Bank in Beijing. Egypt’s ambassador to China, Magdy…
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