investments

Egypt, FDA sign 50 million euro agreement to upgrade metro first line
Business

Egypt, FDA sign 50 million euro agreement to upgrade metro first line

Egypt’s Ministry of International Cooperation on Sunday signed a 50 million euro agreement with the French Development Agency (AFD) to…
Samsung raises investments in Egyptian market to over US$84 million
Business

Samsung raises investments in Egyptian market to over US$84 million

Samsung Egypt plans to inject new investments in the Egyptian market over the next five years valued at US$84 million,…
Uber Egypt to launch program for New Administrative Capital employees
Egypt

Uber Egypt to launch program for New Administrative Capital employees

Egypt’s Minister of Planning and Economic Development Hala al-Saeed met with the General Manager of Uber Egypt Ahmed Khalil and…
Suez Canal Economic Zone to see petrochemical complex built in $6.7 billion deal
Business

Suez Canal Economic Zone to see petrochemical complex built in $6.7 billion deal

The first day of the 2020 Egypt Petroleum show on Tuesday saw the signing of a US$6.7 billion agreement between…
Egypt seeks further financing from EBRD for private sector: Minister
Business

Egypt seeks further financing from EBRD for private sector: Minister

Minister of International Cooperation Rania al-Mashat on Saturday met with Suma Chakrabarti, the President of the European Bank for Reconstruction…
Egypt’s Minister of Investment, Chinese Ambassador sign US$42 mn grant for development projects
Business

Egypt’s Minister of Investment, Chinese Ambassador sign US$42 mn grant for development projects

Egypt’s Minister of Investment and International Cooperation Sahr Nasr on Saturday signed a US$42 million grant with the Ambassador of…
Egypt signs US$3 billion agreements during Africa Investment Forum 2019
Business

Egypt signs US$3 billion agreements during Africa Investment Forum 2019

Egypt’s Prime Minister Mostafa Madbouly signed 11 agreements valuing at three billion dollars during the Africa Investment Forum (AIF) 2019…
European Investment Bank’s investments in Egypt reach €9 billion
Business

European Investment Bank’s investments in Egypt reach €9 billion

The European Investment Bank (EIB) will enhance its partnership with Egypt to fund infrastructure projects and small and medium sized…
Eni plans to increase Zohr gas field production by up to 3bn cubic meters
Egypt

Eni plans to increase Zohr gas field production by up to 3bn cubic meters

The Chairman of the IEOC, a subsidiary to the Italian multinational oil and gas company Eni, Luca Di Caro, said…
Egypt is keen to attract South Korean investments: Investment Minister
Business

Egypt is keen to attract South Korean investments: Investment Minister

Egypt’s Minister of Investment and International Cooperation Sahar Nasr stated on Friday that her country is keen to attract more…
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