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Egypt
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Foreign Affairs
8/19/2024 10:57:16 PM
Minister of Foreign Affairs and Expatriates Badr Abdelatty expressed to Saudi Minister of Commerce Majid Al-Qasabi Cairo's aspiration to increase Saudi investments in Egypt.
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Business
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Economy
8/18/2024 9:53:53 PM
Managing Director of the Singaporean Olam company Prakash Jhanwe declared in a meeting that his company will increase its current investment by $22 million to reach $55 million, taking advantage of the available natural resources, qualified Egyptian labour, and advanced infrastructure.
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Business
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Markets & Companies
8/18/2024 6:42:08 PM
The Egyptian Exchange (EGX) indices showed mixed performance at the closing of Sunday's trading sessions, backed by strong purchases by local institutions and investment funds.
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Business
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Economy
8/18/2024 5:35:12 PM
Minister of Housing, Utilities, and Urban Communities Sherif El-Sherbiny announced Sunday that the total public and private investments in New Alamein have recorded EGP 240 billion.
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Business
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Economy
8/15/2024 8:55:00 PM
The Egyptian Information and Decision Support Centre (IDSC) issued in a report on Thursday the efforts and measures the government has taken from May 2022 to June 2024 to support and increase the private sector’s contribution to the country’s economy.
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Business
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Economy
8/15/2024 8:08:49 PM
The total investments allocated in the current FY2024/2025 plan amounts to EGP 1.987 trillion, including EGP 1 trillion in public investments and EGP 987 million in private investments, according to Minister of Planning, Economic Development, and International Cooperation Rania Al-Mashat.
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Life & Style
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City Lights
8/15/2024 4:22:50 PM
Sajid Bilal Ambassador of Pakistan in Egypt expressed his country's desire to deepen political, trade, investment, defence and people-to-people linkages with Egypt.
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Business
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Economy
8/14/2024 1:37:18 PM
Minister of Investment and Foreign Trade Hassan ElKhatib announced during the Financial Regulatory Authority Conference (FINRA) on Tuesday that the voluntary trading of carbon certificates and bonds will start today.
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Life & Style
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City Lights
8/13/2024 10:58:32 PM
Turkish Ambassador to Egypt Salih Mutlu Şen described the visit of Turkish Foreign Minister Hakan Fidan to Egypt on 4-5 August as “highly successful and fruitful.”
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Business
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Markets & Companies
8/13/2024 6:46:28 PM
Haier Egypt, a subsidiary of Chinese home appliance giant Haier,, is seeking a $50 million investment to expand its production and increase exports, the company's Egypt director, Ahmed El-Gendy, said on Monday.
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Business
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Economy
8/13/2024 6:17:11 PM
Egyptian President Abdel-Fattah El-Sisi met with Prime Minister Moustafa Madbouly and Finance Minister Ahmed Kouchouk on Tuesday to discuss measures to achieve tax stability to spur investment flows as part of the country’s efforts to boost economic growth.
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Business
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Economy
8/13/2024 12:00:00 AM
Minister of Industry and Transport Kamel El-Wazir announced that Indian TCI Sanmar Chemicals plans to invest $300 million in its chemicals-production complexes in Port Said.
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Business
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Tech
8/12/2024 1:47:02 PM
Mobile manufacturing companies in Egypt have achieved a production capacity of 11.5 million units with a total investment of $87.5 million, providing 2,050 job opportunities, with these numbers currently increasing in light of new expansions, Minister of Communications and Information Technology Amr Talaat said.
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Egypt
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Foreign Affairs
8/10/2024 10:25:41 PM
Minister of Foreign Affairs Badr Abdelatty discussed with his Sri Lankan counterpart Ali Sabry boosting trade and investment relations between the two countries and recent developments in the Gaza war at a meeting on Saturday in Cairo.
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Business
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Markets & Companies
8/8/2024 12:34:50 PM
Chinese Jiangsu Lianfa Textile Company plans to establish a $500 million integrated company for producing textiles and ready-made clothing in Egypt, aiming to export 90 percent of its products, according to a statement by the General Authority for Investment and Free Zones (GAFI).
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Egypt
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Politics
8/7/2024 8:44:27 PM
President Abdel-Fattah El-Sisi directed that the problems and challenges facing struggling factories be studied and that unconventional solutions be found to help and support the operation of these factories, preserving the investments made in them and protecting workers' rights.
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Al-Ahram Weekly
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Economy
8/6/2024 11:16:58 PM
Ahmed Abdel-Hafez reports on Saudi Arabia’s plans in Egypt after its conversion of its bank deposits into direct investments
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Business
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Economy
8/6/2024 10:59:47 PM
Egypt is set to open a Saudi investment office at the headquarters of the General Authority for Free Zones and Investment (GAFI) in Cairo this August to boost economic and investment ties between the two countries.
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Business
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Economy
8/6/2024 2:20:29 PM
Minister of Finance Ahmed Kouchouk emphasized to the Ambassador of Japan to Egypt Oka Hiroshi during their meeting on Monday that Japanese investors can benefit from the competitive economic opportunities in the Egyptian market.
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Business
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Markets & Companies
8/6/2024 11:48:12 AM
The European Bank for Reconstruction and Development (EBRD) has lent $20 million to Crédit Agricole Egypt to boost small businesses and green investments in Egypt, according to a statement by EBRD on Monday.
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