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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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Al-Ahram Weekly
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Opinion
11/29/2022 10:28:35 PM
Ziad Bahaa-Eldin resumes his discussion of investment
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Egypt
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Foreign Affairs
11/29/2022 4:32:42 PM
Marking 50 years of diplomatic relations between Egypt and Oman, Egypt's Prime Minister Mostafa Madbouly called to increase economic relations and joint investments between the two countries.
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Business
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Economy
11/23/2022 9:20:42 PM
Egypt’s Country Platform for the Nexus of Water, Food and Energy (NWFE) aims to mobilise climate finance and private investments from multiple international financing institutions to accelerate the national climate agenda and support the country's green transition.
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Business
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Energy
11/21/2022 5:03:23 PM
Egypt's green investments in the current fiscal year 2022/2023 constitute 40 percent of the country's total public investments with a value of EGP 410 billion, the cabinet said on Monday.
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Egypt
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Politics
11/16/2022 2:12:18 PM
"The Senate will discuss a study on 'Foreign Direct Investments in Egypt: obstacles and incentives,'" said Senate Speaker Abdel-Wahab Abdel-Razek on Tuesday, adding that the study, prepared by the parliamentary majority party Mostaqbal Watan, will be discussed first by the Senate's Financial and Economic Affairs Committee, which in turn will prepare a report to be debated by the Senate in its meeting scheduled for 27 November.
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COP27
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Climate change
11/11/2022 8:23:00 PM
Germany on Friday joined France and the Netherlands in pulling out of a 1994 energy treaty which critics say protects investments in fossil fuels.
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Egypt
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Climate change
11/11/2022 2:19:00 PM
Egypt's green economy transition file, NWFE, has won first place among North African and European countries for the Climate Investment Funds (CIF) initiative on nature and climate investments, Minister of International Cooperation Rania Al-Mashat announced Thursday.
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Business
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Economy
11/9/2022 6:08:51 PM
The Qatar Investment Authority (QIA), Qatar’s sovereign wealth fund, has deposit $1 billion into the Central Bank of Egypt, which paves the way for the authority to pump new investments into the Egyptian market, Bloomberg said on Wednesday.
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Business
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Markets & Companies
11/9/2022 11:55:42 AM
Family Corp, a transportation company, and Softec, a software services provider, have launched MOVE service, a fully-fledged application for all mobility solutions in Egypt, with a plan to pump EGP 10 million in investments in the coming two years.
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Egypt
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Foreign Affairs
11/8/2022 5:49:32 PM
Egypt's President Abdel-Fattah El-Sisi on Tuesday discussed with German Chancellor Olaf Scholz ways to boost German investments in Egypt, especially in the fields of technology localisation, industry and energy like green hydrogen, the Egyptian presidency announced.
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COP27
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Focus
11/8/2022 11:22:53 AM
Developing and emerging countries -- excluding China -- need investments well beyond $2 trillion annually by 2030 if the world is to stop the global warming juggernaut and cope with its impacts, according to an UN-backed report released Tuesday.
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Egypt
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Sharm El-Sheikh
11/7/2022 12:43:32 PM
Minister of Electricity and Renewable Energy Mohamed Shaker said the ongoing global climate summit (COP27), which kicked off on Sunday in the Red Sea city of Sharm El-Sheikh, is a significant opportunity for luring new clean energy and green hydrogen investments.
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Opinion
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11/5/2022 1:09:51 PM
As research from across the globe shows increasing threats to staple food yields from climate change, investment for climate adaptation must be guided by on-the-ground research from the real-world.
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Business
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Economy
11/4/2022 4:52:44 PM
Developing countries can slash their emissions with relatively modest investments, but they will need greater support from the international community, the World Bank said on Thursday.
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Opinion
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11/2/2022 9:02:14 PM
If we only float and are satisfied with that, we will certainly pay the price twice, first in inflation and secondly in not enjoying the returns on greater investment, tourism and export.
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