Features of Egypt's 'State Property Document' disclosed

Thu, 19 May 2022 - 03:33 GMT

A draft of the State Property Document has been distributed among a number of business associations.

Egypt to launch National Strategy for Climate Change 2050 Thursday

Wed, 18 May 2022 - 02:45 GMT

Egypt will launch Thursday the National Strategy for Climate Change 2050 in an event that will be attended by Prime Minister Mostafa Madbouli and a large number of ministers.

Egypt allocates 2.2M square meters of unexploited state-owned lands to public, private investment

Mon, 16 May 2022 - 02:32 GMT

Minister of Agriculture and Land Reclamation Al Sayed al-Qusair made the statements Sunday.

Egypt remains top recipient of FDI in Africa for 5th year in a row

Mon, 16 May 2022 - 08:22 GMT

Egypt has remained as a top recipient of foreign direct investment in Africa for the fifth year in a row in 2020/2021, reaching $5.9 billion, which represents 53 percent of foreign direct investment directed to North Africa.

Egypt's PM to hold press conference on government's plan to face global economic crisis

Sun, 15 May 2022 - 10:03 GMT

Prime Minister Mostafa Madbouli will hold Sunday a press conference to present the government's plan to mitigate the impact of the global economic crisis, and attract local and foreign investments.

Egypt’s continual reforms to stimulate, modernize environment for private sector investment: Al-Mashat

Wed, 11 May 2022 - 02:46 GMT

The session was moderated by Heike Harmgart, Regional Director for the Southern and Eastern Mediterranean at the European Bank for Reconstruction and Development.

Shatablee targets LE 1B business volume in Egyptian market during 2023

Tue, 26 Apr 2022 - 06:41 GMT

Mostafa Amer, CEO of the Shatablee platform in a statement, said that the new headquarters of the company includes a private office for Contact Finance, the company specialized in non-banking financial services in Egypt, so that customers wishing to pay in installments can complete all contract details from one place.

Egypt's FM heads to Spain to meet counterpart, King

Sun, 17 Apr 2022 - 03:24 GMT

Minister of Foreign Affairs Sameh Shokry headed Sunday to the Spanish capital upon an invitation of his counterpart Jose Manuel Albares.

A stimulus investment package for Egyptian economy for 2022-2023 fiscal year: IDSC

Tue, 05 Apr 2022 - 02:38 GMT

It is expected that the investment rate will witness an increase of 15.2 percent, to form public investments. 78 percent of the total investments, according to the infographic.

South Korean investments exemplary model for investments in Egypt: Min.

Mon, 04 Apr 2022 - 01:54 GMT

South Korean ambassador said the Egyptian government is proceeding ahead will development efforts, with a view to carrying out all national ventures, despite the negative impact of the coronavirus and the Russian-Ukrainian crisis, thus luring South Korean investors to expand investments in Egypt.

Transport min. discusses investment opportunities with 10 British businesses

Thu, 31 Mar 2022 - 03:37 GMT

The representatives of the British companies voiced their desire and willingness to cooperate with the Egyptian Ministry of Transport in different domains of transport.

Egypt, Saudi Public Investment Fund sign investment agreement

Wed, 30 Mar 2022 - 04:41 GMT

The signing of this agreement comes as a culmination of the meetings held between the two brotherly countries to expedite the completion of procedures related to investment in Egypt through the Saudi Public Investment Fund.

Qatar to pump investments worth $5B into Egypt

Tue, 29 Mar 2022 - 11:10 GMT

The announcement was made following a meeting of Egyptian prime minister and Qatari ministers of foreign affairs and finance.

CAPMAS releases figures on economic ties between Egypt, United Kingdom

Tue, 29 Mar 2022 - 10:54 GMT

Those covered imports, exports, investments, and remittances.

Egypt looks forward to increasing French investments in 8 sectors: President Sisi

Mon, 28 Mar 2022 - 02:19 GMT

President Abdel Fatah al-Sisi received Monday French Minister of Economy and Finance Bruno Le Maire at Al Itiyadiyah Presidential Palace.

PM receives representatives of 16 German companies to probe investment in Egypt

Wed, 23 Mar 2022 - 05:07 GMT

A galaxy of ministers and senior officials attended the meeting.

Cairo, Siemens probe investment opportunities in Egypt's oil, gas industry

Thu, 17 Mar 2022 - 02:55 GMT

During his meeting with CEO of Siemens Middle East Dietmar Siersdorfer, he pointed out to Egypt’s importance as a regional energy hub in the Eastern Mediterranean, underscoring the need to take advantage of its distinguished geographical location, especially during the current energy transition period.

Al Habtoor studies new investment opportunities in Egypt

Thu, 10 Mar 2022 - 04:05 GMT

Established in 1970 as a small engineering firm, the Al Habtoor Group has expanded its business into the hospitality, automotive, real estate, education and publishing sectors.

GAFI, Eximbank sign MoU to acquaint Hungarian businesses with investment opportunities in Egypt

Thu, 24 Feb 2022 - 10:53 GMT

The MoU sets an executive framework for bolstering joint cooperation.

Issues to be addressed by Egypt's president in 6th EU-AU Summit disclosed

Tue, 15 Feb 2022 - 04:00 GMT

Spokesperson of the Egyptian Presidency Bassam Rady revealed to press Tuesday the topics President Abdel Fatah al-Sisi will focus on in his speech Thursday.