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Advertising
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Sponsored
2/5/2023 1:43:06 PM
Eight Real Estate Developments and Gaballah Group signed a cooperation contract to develop the “Revolve Mall “project in the northern investors' area in the heart of New Cairo, with investments exceeding EGP 2.5 bln.
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Business
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Economy
2/3/2023 3:59:46 PM
Could Egypt lower its dependency in the short term on "hot money" as a source of securing liquidity in foreign exchange amid the government's plan to focus on attracting more direct investments in a longer term strategy for strengthening the economy? Ahram Online asked various analysts.
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Egypt
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Foreign Affairs
2/2/2023 7:58:02 PM
Minister of Foreign Affairs Sameh Shoukry has affirmed the keenness of Egypt’s government to facilitate the flow of Italian investments into the promising sectors of the Egyptian market.
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Egypt
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Foreign Affairs
1/28/2023 11:29:34 AM
President Abdel-Fattah El-Sisi said he looks forward to increasing public and private investments from Azerbaijan in Egypt, citing the business reforms introduced by the government to facilitate investment procedures.
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Business
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Economy
1/26/2023 6:43:55 PM
On its second day, the Dakar 2 Summit called for increasing and accelerating private sector investments in agribusiness as a promising area that contributes to Africa’s sustainable development and prosperity.
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Business
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Economy
1/26/2023 5:24:00 PM
The presidency’s National Initiative for Developing Egyptian Industry (Ebda, or "Start" in English) aims to add new investments worth EGP 200 billion to the industrial sector, Mina William, executive director of the initiative, told the state’s official news agency MENA.
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Egypt
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Foreign Affairs
1/25/2023 8:44:48 PM
Egyptian President Abdel-Fattah El-Sisi emphasised on Wednesday Egypt's keenness to further develop economic and trade cooperation with Indian companies and boost joint investments to contribute to supporting the economic development process in Egypt.
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Business
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Economy
1/24/2023 5:11:22 PM
The Sovereign Fund of Egypt (TSFE) has inked two agreements with Egypt-based private equity firm, B Investments Holding (BIH), to co-invest over EGP 2 billion (around $67.5 million) in the healthcare and pharmaceuticals sector.
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Business
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Economy
1/16/2023 5:54:53 PM
Egypt has received $925 million in indirect investments in local debt instruments since Wednesday, increasing the country’s reserves of hard currency in addition to an increase from the local market, Egyptian expats remittances, and the tourism sector, the Central Bank of Egypt said on Monday.
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Business
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Economy
1/4/2023 5:28:17 PM
Dubai announced Wednesday a bold plan aiming to boost foreign trade and investment in the United Arab Emirates' financial hub and "double the size" of its economy by 2033.
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World
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Region
1/3/2023 9:12:12 PM
The Tunisian government on Tuesday presented a three-year development plan that relies heavily on private sector investment, particularly in industry, and boosting phosphate production.
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Egypt
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Politics
12/29/2022 4:36:19 PM
President Abdel-Fattah El-Sisi has approved the final version of the State Ownership Policy Document, which determines the state's presence in the economic sectors and seeks to enhance the private sector's participation in public investments.
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Business
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Markets & Companies
12/20/2022 4:28:14 PM
Abu Dhabi-based Chimera is set to acquire a 45 percent share of GB Lease, which is owned by Egypt-based GB Capital for Financial Investment, itself a 99.99 percent owned subsidiary of GB Auto, for EGP 855 million, or around $34.6 million, Egypt’s Exchange (EGX) announced on Tuesday.
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Business
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Economy
12/17/2022 8:23:56 PM
The new $3 billion loan to Egypt approved on Friday by the International Monetary Fund (IMF) will be used to support the country’s programme to boost economic growth and investments and enhance its social protection network, the Cabinet said today.
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Advertising
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Sponsored
12/16/2022 4:46:33 PM
With an inflow of investments projected to expand by $26 billion, Egypt continues to increase its energy exports and strengthen its positioning as a dynamic and growing energy hub.
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Egypt
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Tourism
12/11/2022 6:30:38 PM
Egypt targets tourism investments of about EGP 7.4 billion in the fiscal year 2022/2023, compared to EGP 6.2 billion in 2021/22, a growth of 19.4 percent, according to Minister of Planning and Economic Development Hala El-Said.
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Egypt
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Foreign Affairs
12/10/2022 10:10:33 AM
President Abdel-Fattah El-Sisi discussed launching more joint projects with Saudi Arabia, in the light of the promising investments between the two countries, during his meeting with Saudi Crown Prince Mohamed bin Salman in Riyadh on Friday, the Egyptian presidency said.
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Egypt
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Foreign Affairs
12/9/2022 2:45:56 PM
President Abdel-Fattah El-Sisi stressed Egypt’s keenness to boost trade and investments with Tunisia in a meeting with his Tunisian counterpart, Kais Saied, in Riyadh on Friday, Egyptian Presidential Spokesman Bassam Rady said in a statement.
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Business
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Markets & Companies
12/6/2022 7:37:32 PM
General Manager of JADE Textile Egypt Selim Sankaya said that the company is ready to increase its investments in the Egyptian weaving sector to $70 million and to up its total investments in the weaving and textiles industry to $220 million.
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Business
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Markets & Companies
12/5/2022 6:58:12 PM
Zoomcar will launch “Zoomcar Green” programme by the second quarter of 2023 with total investments of $2 million to promote the use of electric cars and bolster decarbonisation efforts in the local market.
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