|
Egypt
-
Foreign Affairs
4/17/2022 8:33:46 PM
Foreign Minister Sameh Shoukry left for Madrid Sunday to hold talks with his Spanish counterpart José Manuel Albares and other officials to discuss ways of enhancing economic cooperation and attracting more Spanish investments.
|
|
War in Ukraine
-
Economy
4/6/2022 10:16:40 AM
The United States was expected to announce tough new sanctions on Russia Wednesday, including a ban on new investments, a day after Ukraine's president showed the UN Security Council harrowing images of violence and accused Moscow of widespread atrocities.
|
|
Business
-
Economy
4/5/2022 7:02:27 PM
Japan's giant automotive components producer Yazaki Europe Limited is set to establish a factory in Egypt's Fayum governorate, southwest of the capital Cairo, to produce braided wires for cars, with initial investments of up to 20 million euros.
|
|
Business
-
Economy
4/3/2022 11:56:58 PM
Prime Minister Mostafa Madbouly said on Sunday that the government gives top priority to industrial development by facilitating all the measures necessary for creating more industrial investments in various domains.
|
|
Egypt
-
Foreign Affairs
3/31/2022 3:53:36 PM
Egypt's Minister of Planning and Economic Development Hala El-Said and Minister of Trade and Industry Nevine Gamea discussed with Israeli Minister of the Economy Orna Barbivai means to enhance commercial cooperation and increase investments.
|
|
Egypt
-
Foreign Affairs
3/30/2022 8:15:23 PM
The Sovereign Fund of Egypt, in cooperation with the Saudi Public Investment Fund, aims to attract investments worth $10 billion during the coming period, Prime Minister Mostafa Madbouly said on Wednesday.
|
|
Egypt
-
Foreign Affairs
3/29/2022 2:13:50 PM
Egyptian and Qatari ministers and officials agreed in an extended meeting in Cairo on Tuesday on a package of $5 billion in investments and partnerships in Egypt within "the framework of boosting economic cooperation between the two brotherly countries."
|
|
Business
-
Markets & Companies
3/29/2022 12:39:12 PM
Venture capital (VC) investments in Egyptian start-ups rose by 168 percent in 2021 to reach an all-time high of $491 million, according to a report by the UAE-based data analytics platform MAGNiTT.
|
|
Egypt
-
Foreign Affairs
3/28/2022 8:10:09 PM
Egyptian President Abdel-Fattah El-Sisi and French Minister of Economy and Finance Bruno Le Maire discussed on Monday boosting French investments in Egypt’s national projects on artificial intelligence and green hydrogen production.
|
|
Business
-
Economy
3/21/2022 11:21:40 PM
Prime Minister Mostafa Madbouly asserted the partnership between Egypt and France is based on the important role both Egyptian and French companies and institutions play in achieving development by doing business in joint projects.
|
|
Business
-
Markets & Companies
3/21/2022 7:40:27 PM
Amazon plans to expand its investments in Egypt in 2022 and beyond, targeting to construct new warehouses in west and east Cairo, Alexandria and Banha, and to open a new customer service centre in Cairo, Amazon Egypt’s General Manager Omar Elsahy told Ahram Online on Monday during an online press briefing.
|
|
Business
-
Markets & Companies
3/20/2022 3:29:00 PM
Delemar Aluminium — one of the largest extruded aluminium companies in the Egyptian market — announced its plans to double its investments in the Egyptian market over the coming five years and to raise its exports to 40 percent in 2022, up from the 20 percent recorded in 2021, according to Delmar CEO Mahmoud Haroun.
|
|
Business
-
Economy
3/10/2022 11:37:37 AM
The European Bank for Reconstruction and Development (EBRD) supports Egypt’s efforts accelerating green transformation and investment ahead of it hosting the UN Climate Change Conference 2022 (COP27) in November, said EBRD’s Vice President for Policy and Partnerships Mark Bowman.
|
|
Al-Ahram Weekly
-
Opinion
3/8/2022 9:38:11 PM
Two weeks after the start of the Russian attack on Ukraine, the world, including Egypt, is reckoning up its economic losses from the conflict. In addition to an uncertainty-induced slowing down of investments, disrupted trade, and an outflow of hot money, the world is sharing a common threat – runaway inflation.
|
|
Business
-
Energy
3/4/2022 4:14:38 PM
Egypt and Italy’s giant energy group Eni discussed on Friday preparations to pump new investments into Egypt’s Gulf of Suez and Nile Delta regions in accordance with an oil exploration deal signed between both sides in December.
|
|
Business
-
Markets & Companies
3/2/2022 3:35:29 PM
Funded by Majid Al-Futtaim Properties Egypt, the European Bank for Reconstruction and Development (EBRD) and the State Secretariat for Economic Affairs (SECO) of the Swiss Confederation; the leading shopping mall, communities, retail, and leisure pioneer across the Middle East, Africa, and Asia inaugurated on Monday the Almaza Recruitment and Training Centre (ARTC) at City Centre Almaza.
|
|
Business
-
Markets & Companies
3/2/2022 2:09:36 PM
UAE-based Gulf Capital — an equity investment company that has been investing in the Egyptian market for more than 10 years — announced on Wednesday the opening of its office in Egypt.
|
|
War in Ukraine
-
Economy
2/28/2022 8:35:43 PM
Shell says it pulling out of Russia as President Vladimir Putin's invasion of Ukraine costs the country's all-important energy industry foreign investment and expertise.
|
|
Business
-
Tech
2/20/2022 3:38:42 PM
Fintech witnessed significant growth in the Egyptian market over the past five years, as venture capital investments rose to $159 million with 32 deals concluded in 2021, up from only $1 million raised in 2017 from three fintech deals, according to Fintech Egypt’s report.
|
|
Business
-
Tech
2/16/2022 6:54:30 PM
Egypt-based Contact Financial Holding, a non-banking financial services provider, announced on Wednesday the completion of its strategic investment in Wasla, an e-commerce super-app, with total investments valued at $9 million.
|