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" Investments"

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Business - Economy
5/30/2023 5:55:54 PM
The Turkish firm İskefe Holding will invest $46 million in Egypt's leather and edible gelatine markets, according to Minister of Trade and Industry Ahmed Samir on Tuesday.

Business - Economy
5/25/2023 4:58:56 PM
Qatar is committed to injecting $5 billion of investments into the Egyptian economy as was promised last year, Qatari Minister of Finance Ali Al-Kuwari stated on Wednesday at the Qatar Economic Forum.

Sports - World
5/25/2023 4:24:14 PM
Qatar Sports Investments, the owners of French champions Paris Saint-Germain, are in negotiations over acquiring a stake in Italian club Sampdoria, a source with knowledge of the matter told AFP on Thursday.

Business - Economy
5/24/2023 6:28:39 PM
The UK-based multinational Standard Chartered bank plans to open a new branch in Egypt next year after securing approval from the Central Bank of Egypt, according to CEO Bill Winters.

Business - Economy
5/24/2023 3:36:41 PM
Egypt ranked 14th among the world's top attractive and trusted emerging markets for foreign investments, ahead of Turkey, Morocco, South Africa, and Russia, according to a report by American global management consulting firm Kearney.

Egypt - Politics
5/24/2023 2:13:42 PM
In a dynamic session of the National Dialogue centered on ‘Local and Foreign Investments,’ Egypt's investment landscape took center stage as participants engaged in discussions to tackle obstacles hindering the country's investment growth. The session, held on Tuesday, focused on legislative measures and initiatives aiming to attract both local and foreign investors to the country.

Egypt - Politics
5/23/2023 10:41:44 PM
Industrial experts and officials at the National Dialogue discussed Tuesday formulating a clear manufacturing policy and eliminating unnecessary bureaucracy to reverse the decline in the role of industry in the economy.

Business - Economy
5/21/2023 5:45:49 PM
Egyptian expats’ remittances from Arab countries declined in fiscal year 2021/2022, while trade with these same countries increased over the 2022 calendar year, according to a statement from the Central Agency for Public Mobilization and Statistics (CAPMAS) on Sunday.

Egypt - Politics
5/18/2023 11:24:35 PM
Egypt’s National Dialogue will focus in its second week on discussing political parties, foreign and local investments and the population issue, according to its general coordinator Diaa Rashwan.

Business - Economy
5/18/2023 1:26:56 PM
Egypt's business community has welcomed the government's new decisions bolstering support for investors in Egypt, while some members have called for more legislative reforms followed by relevant bylaws to see these decisions implemented on the ground.

Business - Economy
5/17/2023 2:01:26 PM
The newly restructured Supreme Council for Investment approved on Tuesday 22 decisions to encourage foreign direct investments (FDIs) and private investments in Egypt.

Business - Economy
5/16/2023 10:49:10 PM
In a bid to promote both local and foreign private investments in Egypt, the Supreme Council for Investment, led by President Abdel-Fattah El-Sisi, approved on Tuesday a series of decisions during its first meeting following the council's restructuring.

Business - Economy
5/16/2023 7:02:10 PM
Minister of Transport Kamel El Wazir said Egypt seeks partners in the UAE to invest in some of the $20 billion worth of projects that are planned in the country’s transport sector.

Business - Markets & Companies
5/16/2023 3:46:29 PM
Egypt is preparing two state-owned companies to be offered as investments before the end of the current fiscal year, Mohamed Metwally, CEO of NI Capital, the Egyptian government financial adviser announced.

Business - Energy
5/15/2023 11:36:42 PM
President Abdel-Fattah El-Sisi reviewed on Monday with the CEO of Norwegian Scatec Terje Pilksog progress on underway green hydrogen projects and plans to implement major investments in wind power and green methanol production.

Egypt - Urban & Transport
5/15/2023 3:31:19 PM
Egypt's Minister of Housing and Urban Communities, Assem El-Gazzar, announced the launch of the 'Investors' Services Portal,' which serves as a gateway to a wealth of services tailored specifically for investors in new cities.

Business - Energy
5/14/2023 11:04:09 PM
Egypt signed on Sunday a joint development agreement with Norway’s Scatec to establish the country’s first green methanol production project in Damietta Port with investments worth around $450 million.

Business - Economy
5/14/2023 6:26:20 PM
The Egyptian gold market is starting to stabilize following weeks of fluctuation due to a surge in demand amid uncertainty about the Egyptian pound’s exchange rate.

Business - Economy
5/10/2023 10:47:10 PM
The Egyptian cabinet approved in its weekly meeting on Wednesday an agreement between Egypt and Qatar that aims to eliminate double taxation on income taxes and prevent tax evasion and avoidance.

Egypt - Politics
5/9/2023 9:36:40 PM
Minister of Finance Mohamed Maait and Minister of Planning and Economic Development Hala El-Said delivered two statements on Tuesday before parliament on the draft FY2023/24 budget and development plan.

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