investment
She explained that the sector is expected to grow during 2020-2024, as this growth will be primarily driven by active partnerships between the public and private sectors and the expansion of green buildings to increase energy efficiency and advanced infrastructure.
The group's strategy at the present time includes investing the proceeds of the capital increase to support the activities of the group's subsidiaries.
L'Oreal also confirmed that it exports 85 percent of the production of its factory in Egypt.
The cabinet reviewed the current changes in the fertilizer market, and assigned the Prime Minister to form a specialized committee to develop urgent solutions, according to a statement issued, Tuesday.
President Abdel Fatah al-Sisi began his visit to Athens Tuesday by a bilateral meeting with Greek Prime Minister Kyriakos Mitsotakis.
Egypt came as the best attractive destination for investment in Africa for the fourth year in a row, according to “Where to invest in Africa” report issued by the Rand Merchant Bank in 2021.
El-Said pointed to the second phase of the national economic reform program.
The government has begun looking for partners to invest in a $2.5 billion project that would be completed by 2025, in a serious attempt to address water shortages.
The panel discussion displayed the opportunities and challenges impacting Egyptian exports to fellow African countries.
Czech Foreign Minister Yaakov Kulhanek announced the start of Czech financial institutions and banks to support their country's companies to inject new investments into the Egyptian market and support inter-trade.
This came during a meeting held by Mohamed Abdel Wahab, CEO of the General Authority for Investment and Free Zones, with Chris Nelson, CEO of the American "Kemen" company, one of the largest companies in the field of manufacturing veterinary vaccines in Egypt, the Middle East and Africa, in addition to the pharmaceutical and human vaccine industries.
Prime Minister Mostafa Madbouli held Tuesday a meeting in Cairo with CEO of the African Funding Corporation (AFC) Samaila Zubairo and the accompanying delegation.
The Made in Egypt exhibition, which was held in South Sudan’s capital, Juba, concluded its activities on Sunday.
This came in a report that is recently issued by Ministry of Planning on the national project for the development of Egyptian rural villages, entitled “Decent Life”.
These funds will be used to support the urgent and emergency needs of the governorates and to complete the implementation of projects that have been started in the areas of extending and strengthening electricity networks, lighting, paving roads, improving the environment, security, firefighting and traffic, and supporting the needs of local units.
The Media Center of the Cabinet released Saturday the figures.
The ambassador added that he is personally communicating directly with many groupings of American companies, urging them to explore promising opportunities to invest in Egypt, according to a statement issued by the Finance Ministry on Thursday.
The announcement was made following a meeting by Egyptian Ambassador to Moscow Ihab Nasr and Advisor to Russian President Anton Kobyakov.
City Edge Developments signed a strategic memorandum of understanding with Sky Investments that allows the company to take part in the marketing, leasing, and property management of brands in CED’s project in Sheikh Zayed.
They will also launch a digital platform presenting investment opportunities in the sectors of priority as well as the investment legislations of each African state.
