investments

Sawiris plans to establish four new hotels in Egypt
Economy

Sawiris plans to establish four new hotels in Egypt

Egyptian billionaire Naguib Sawiris plans to establish four hotels in Egypt, with investments ranging between US$200 and $300 million through…
Egypt signs on $20 million initiative to manufacture smartphones locally
Business

Egypt signs on $20 million initiative to manufacture smartphones locally

Egyptian Minister of Communications Amr Talaat conducted an inspection tour on Friday for the the new Vivo Telecom Technology Company…
Egypt, Procter & Gamble discuss expansion plans
Egypt

Egypt, Procter & Gamble discuss expansion plans

Egyptian Minister of Trade and Industry, Nevine Gamea, held talks on Sunday with the regional CEO of Procter & Gamble…
Saudi Arabia could invest $50 billion this year to boost oil capacity
World

Saudi Arabia could invest $50 billion this year to boost oil capacity

Dubai – Saudi Arabia’s state oil company Aramco, under pressure from the West to boost output amid soaring prices, pledged…
Greek group in talks with Egypt for investments in ship bunkering with LNG
Egypt

Greek group in talks with Egypt for investments in ship bunkering with LNG

The Ministry of Petroleum and Mineral Resources and the Greek Chandris (Hellas) Inc., which specializes in maritime shipping activities, met…
Japanese companies to inject new investments into Egypt, ambassador
Business

Japanese companies to inject new investments into Egypt, ambassador

The new Japanese ambassador to Cairo, Oka Hiroshi, said that there are new Japanese companies that have decided to pump…
Now latest member of Africa Finance Corporation, Egypt sees potential investments totaling $1 bn
Business

Now latest member of Africa Finance Corporation, Egypt sees potential investments totaling $1 bn

Egypt has become the latest member of the Africa Finance Corporation, opening up the path for potential investments tallying up…
Egypt’s ambassador to London and EBRD president discuss matters of cooperation
Business

Egypt’s ambassador to London and EBRD president discuss matters of cooperation

Egypt’s ambassador to London, Tarek Adel held a video conference with the President of the European Bank for Reconstruction and…
Egypt plans LE2.86 bn investments for Luxor during 2020/2021
Business

Egypt plans LE2.86 bn investments for Luxor during 2020/2021

Luxor will see 174 development projects with a total public investment of LE2.86 billion as part of the country’s investment…
70 French companies explore investment opportunities in Egypt
Business

70 French companies explore investment opportunities in Egypt

Egypt’s Minister of Planning and Economic Development Hala al-Saeed held an expanded video conference seminar with representatives from 70 French…
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