investments
Egypt signs US$3 billion agreements during Africa Investment Forum 2019
Business
November 24, 2019
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
November 13, 2019
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
October 16, 2019
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
October 12, 2019
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…
Egypt’s Sisi urges continuing reforms in public business sector
Egypt
September 29, 2019
Egypt’s Sisi urges continuing reforms in public business sector
President Abdel Fatah al-Sisi on Saturday asked the government to continue implementing comprehensive reforms in the public business sector, and…
PM meets with ministers on stimulating foreign investment
Business
September 2, 2019
PM meets with ministers on stimulating foreign investment
Prime Minister Mostafa Madbouly held a meeting on Monday to discuss means of stimulating foreign investment in Egypt and facilitating…
Egypt’s Transport Minister signs two deals with EBRD for railway development
Egypt
August 20, 2019
Egypt’s Transport Minister signs two deals with EBRD for railway development
Minister of Transport Kamel al-Wazir on Monday witnessed the signing of two grants with the European Bank for Reconstruction and…
Asia stocks slump on recession fears
World
August 15, 2019
Asia stocks slump on recession fears
Asian markets fell Thursday after the Dow suffered its worst day of the year as fears of a global recession…
Egypt’s GDP growth seen slowing to 5.5% in current fiscal year: Reuters poll
Egypt
July 25, 2019
Egypt’s GDP growth seen slowing to 5.5% in current fiscal year: Reuters poll
CAIRO (Reuters) – Egypt’s economic growth is expected to slow to 5.5% in the fiscal year that began this month,…
US Energy Secretary: We will expand our investments in Egypt
Business
July 25, 2019
US Energy Secretary: We will expand our investments in Egypt
Egyptian Petroleum and Mineral Resources Minister Tariq al-Mulla received on Wednesday US Energy Secretary Rick Perry on his first visit…