investments
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…
Egypt’s GAFI to establish 6 public free zones during 2019/2020
Business
June 30, 2019
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
June 16, 2019
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
May 5, 2019
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
May 5, 2019
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…
Strike by Tunisian fuel workers leads to queues and empty pumps
Middle East
May 2, 2019
Strike by Tunisian fuel workers leads to queues and empty pumps
TUNIS (Reuters) – Fuel distribution workers in Tunisia began a three-day strike on Thursday to demand higher wages, leading to…
PepsiCo Egypt to increase investments by US$500 mn
Business
April 21, 2019
PepsiCo Egypt to increase investments by US$500 mn
Chairman and CEO of PepsiCo Egypt Mohamed Shelbaya said that his company intends to pump US$500 million into increasing production…
Egypt’s PM meets Kuwaiti companies, discusses increasing investments
Business
April 17, 2019
Egypt’s PM meets Kuwaiti companies, discusses increasing investments
Egypt’s Prime Minister Mostafa Madbouly met with the executive manager of the Kuwaiti group M.A. Kharafi & Sons and telecommunications…