investments

Growth rate has increased due to investment surge: Planning Minister
Economy

Growth rate has increased due to investment surge: Planning Minister

  Egypt’s Minister of Planning Hala Al-Saeed said Thursday that a rise in investments in the country has contributed to…
Egypt signs 3 contracts for oil and gas exploration worth $79 million
Business

Egypt signs 3 contracts for oil and gas exploration worth $79 million

Minister of Petroleum and Mineral Resources, Tariq Al-Mulla, signed three new agreements for oil and gas exploration in the Western…
Heads of state, business leaders to meet in Sharm El-Sheikh for Africa 2017 forum
Business

Heads of state, business leaders to meet in Sharm El-Sheikh for Africa 2017 forum

Egypt will host a high-level forum promoting trade and investment in Africa this December, the country’s investment and international cooperation…
Chinese Embassy issues security warning for Egypt travels
Travel

Chinese Embassy issues security warning for Egypt travels

The Chinese Embassy in Egypt issued a safety warning for Chinese tourists on Sunday as Egyptian investigators probe into a…
Japan’s economy posts longest expansion in a decade
Business

Japan’s economy posts longest expansion in a decade

Japan’s prospects have been improving on the back of strong exports, with investments linked to the Tokyo 2020 Olympics also…
Financial crisis over, 2018 to witness boom: CBE governor
Business

Financial crisis over, 2018 to witness boom: CBE governor

The financial crisis is over and 2018 will see a boom, said Governor of the Central Bank of Egypt Tarek…
Sisi says new industrial zone will be built in Ain al-Sokhna
Egypt

Sisi says new industrial zone will be built in Ain al-Sokhna

President Abdel Fattah al-Sisi said a new 200-million-square-meter industrial zone is currently being built in Ain-al Sokhna, stressing the need to…
30 projects worth $20 billion to be established in Suez Canal Economic Zone: official
Business

30 projects worth $20 billion to be established in Suez Canal Economic Zone: official

Egypt will establish 30 projects in the Suez Canal Economic Zone with investments totalling US$20 billion, said President of the Suez Canal…
Egyptian delegation in Washington next week to bring in new investments
Egypt

Egyptian delegation in Washington next week to bring in new investments

A group comprising members of the Egypt-U.S. Business Council (EUSBC) together with Board members of American Chamber of Commerce in…
Norway to invest $500 million in solar feed-in tariff program in Egypt in October
Business

Norway to invest $500 million in solar feed-in tariff program in Egypt in October

The Norwegian company Scatec Solar will push $500 million worth of new investments into the Egyptian market in October, according to a statement issued…
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