investments

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…
Ministries win extension for MoUs on March conference projects
Business

Ministries win extension for MoUs on March conference projects

The Cabinet has ordered a 90-day extension for the memorandums of understanding regarding the projects agreed upon during the Egypt…
Minister highlights Russian interest in energy investments
Business

Minister highlights Russian interest in energy investments

Major Russian companies are eager to invest in various Egyptian economic sectors, most notably the energy and natural gas sectors,…
French business association to visit New Suez Canal
Business

French business association to visit New Suez Canal

A French delegation is scheduled to visit the New Suez Canal Project on Wednesday, in order to explore investment opportunities…
Somalia proposes agricultural investments in Egypt
Business

Somalia proposes agricultural investments in Egypt

The Somali livestock and fisheries ministries have proposed an investment cooperation plan with Egypt by developing Somalia's agricultural sector and cultivating…
Negotiations with Saudi Arabia, Kuwait, Emirates to inject US$6 bn into Egypt
Business

Negotiations with Saudi Arabia, Kuwait, Emirates to inject US$6 bn into Egypt

Investment Minister Ashraf Salman said the Cabinet has started negotiations with the Emirates, Saudi Arabia and Kuwait to inject US$…
Egyptian Exchange to host second conference for stock investment
Business

Egyptian Exchange to host second conference for stock investment

The Egyptian Exchange is preparing to organize its second annual conference for stock market investments, labelling the event an opportunity…
Egyptian-Kuwaiti cooperation council to pump US$4 bn into investments
Business

Egyptian-Kuwaiti cooperation council to pump US$4 bn into investments

Four billion US dollars will be pumped into the Egyptian market over the coming period, according to Moataz al-Alfy, head…
CAPMAS: Long-term loans to government economic bodies up by 13.4%
Business

CAPMAS: Long-term loans to government economic bodies up by 13.4%

The government’s economic bodies received long-term loans worth of LE78.2 billion in 2013/2014, up by 13.4 percent from LE68.9 billion…
137 Egyptian companies invest US$2 billion in Ethiopia
Business

137 Egyptian companies invest US$2 billion in Ethiopia

Egypt hopes to increase the vomune of trade with Ethiopia by 150 percent over the coming three years, as well…
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