investments

CEO: EFG Hermes eyes Egypt renewables investments, leasing business
Business

CEO: EFG Hermes eyes Egypt renewables investments, leasing business

Egyptian investment bank EFG Hermes is studying investments in renewable energy and hopes to start a leasing business in its…
Egypt demands reactivation of US export customs exemption
Business

Egypt demands reactivation of US export customs exemption

Egypt has demanded the reactivation of a customs exemption system for its exports to the United States.
CIB chairman optimistic of Egypt’s economic future
Business

CIB chairman optimistic of Egypt’s economic future

The head of Egypt’s largest private sector bank has voiced optimism of the future of the country’s economy and investment…
Al- Sisi discusses increasing investments of Italy’s giant Eni in Egypt
Business

Al- Sisi discusses increasing investments of Italy’s giant Eni in Egypt

President Abdel Fattah Al Sisi met on Saturday with Chief Executive Officer (CEO) Claudio Descalzi of Italy's giant oil company…
Minister: Egypt aims to attract US$10-15 billion investments after EEDC
Egypt

Minister: Egypt aims to attract US$10-15 billion investments after EEDC

The Egyptian government aims to attract from US$ 10 billion to $ 15 billion in two years after the economic…
Minister: Hosting March economic summit costs US$15 mn maximum
Egypt

Minister: Hosting March economic summit costs US$15 mn maximum

The holding of Egypt’s anticipated economic summit in March will cost a maximum US$15 million (nearly LE115 million), according to…
Egypt claims success in March economic summit arrangements
Business

Egypt claims success in March economic summit arrangements

Egyptian Prime Minister Ibrahim Mehleb has announced that his government has made a considerable progress in preparing for a major…
Does Egypt’s confidence in new Saudi monarch have grounds?
Egypt

Does Egypt’s confidence in new Saudi monarch have grounds?

As Saudi Arabia announced last Friday both the death of its 10-year ruler, King Abdullah bin Abdulaziz, and the coronation…
Egypt earnestly seeking a democracy, Sisi tells Davos
Egypt

Egypt earnestly seeking a democracy, Sisi tells Davos

Egypt’s President Abdel Fattah al-Sisi said Thursday that his country is earnestly seeking a democracy that includes all Egyptians. Speaking to…
Investment minister blames economy decline on energy
Business

Investment minister blames economy decline on energy

A flawed system of the generation and distribution of energy was the basic reason behind the deterioration in Egyptian economy…
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