investments

Egypt’s Sisi urges continuing reforms in public business sector
Egypt

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

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

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

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

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

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…
Egypt’s GAFI to establish 6 public free zones during 2019/2020
Business

Egypt’s GAFI to establish 6 public free zones during 2019/2020

CEO of the General Authority for Investment and Free Zones (GAFI) Mohsen Adel said on Sunday that construction has begun…
Egypt’s Sisi, government to work from New Administrative Capital in June 2020
Egypt

Egypt’s Sisi, government to work from New Administrative Capital in June 2020

Chairman of the New Administrative Capital Ahmed Zaki Abdeen announced that President Abdel Fattah al-Sisi and the Egyptian government would…
Sisi brings economic change for the better: World Bank President
Business

Sisi brings economic change for the better: World Bank President

President of the World Bank Group, David Malpass, said on Sunday that President Abdel Fattah al-Sisi has achieved economic and…
Egypt expects giant solar park to be fully operational in 2019
Egypt

Egypt expects giant solar park to be fully operational in 2019

CAIRO (Reuters) – Egypt expects the 1.6 gigawatt solar park it is building in the south of the country to…
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