investments
BlackRock mulling expanding investments in Egypt
Egypt
July 14, 2023
BlackRock mulling expanding investments in Egypt
CAIRO, July 12 (MENA) – Gordon Fraser, BlackRock Managing Director, lauded the structural reform program implemented by the Egyptian government.…
Finance Minister: Egypt mobilizes all capabilities to increase investment
Egypt
June 17, 2023
Finance Minister: Egypt mobilizes all capabilities to increase investment
Egypt mobilizes all its capabilities to prop up investment and local production, affirmed Finance Minister Mohamed Maait. The government has…
Petroleum min: Luring investments to Golden Triangle Economic Zone priority of political leadership
Egypt
January 10, 2023
Petroleum min: Luring investments to Golden Triangle Economic Zone priority of political leadership
Petroleum Minister Tarek al-Molla said on Monday that luring more investments to the Golden Triangle Economic Zone is a priority…
McDonald’s denies rumors about exit from Egyptian market
Egypt
December 30, 2022
McDonald’s denies rumors about exit from Egyptian market
Manfoods – McDonald’s Egypt has blatantly denied the recent rumors circulating on social media platforms about its intentions to exit…
Sawiris plans to establish four new hotels in Egypt
Economy
October 6, 2022
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
July 23, 2022
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
May 22, 2022
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
March 21, 2022
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
March 19, 2022
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
January 18, 2022
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…