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Business
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Economy
7/31/2024 2:39:27 PM
Indian Ostwal Group of Industries (OGI) plans to invest $300 million in building a fertilizer production plant with an annual capacity of 700,000 tons in Egypt, according to Minister of Investment and External Trade Hassan ElKhatib.
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Business
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Economy
7/27/2024 7:10:03 PM
Minister of Finance Ahmed Kouchouk discussed in a meeting with the International Monetary Fund (IMF) Managing Director Kristalina Georgieva Egypt’s keenness on implementing structural reforms and encouraging private investments in renewable energy, technology, water desalination, and infrastructure.
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Business
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Energy
7/25/2024 6:08:46 PM
The Gulf of Suez Petroleum Company (GUPCO) will drill five new developmental petroleum wells in the North Safa and Al-Wasl fields to develop a reserve surpassing 100 million barrels and increase production to 15,000 barrels daily during the second half of 2025.
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Business
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Economy
7/24/2024 8:59:15 PM
Egypt will showcase its economic and investment policies and agenda priorities during the G20 Finance Ministers and Central Bank Governors (FMCBG) meetings, which will kick off in Brazil on Thursday.
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Business
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Economy
7/23/2024 8:11:46 PM
Egypt has a comprehensive plan to establish a network of 31 dry ports and logistics zones across the country, Minister of Industry and Transport Kamel El-Wazir told US Ambassador to Egypt Herro Mustafa in a meeting in Cairo on Tuesday.
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Business
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Economy
7/18/2024 2:56:14 PM
In a meeting with Minister of Public Business Sector Mohamed Shimy to discuss cooperation options and investment opportunities between Norway and Egypt, Norwegian ambassador to Egypt Hilde Klemetsdal stated Thursday that Norwegian companies are highly interested in expanding their investment in the Egyptian market.
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Business
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Economy
7/17/2024 11:15:31 AM
Egypt is set to launch a digital platform titled “Egypt’s Mining Portal” by the end of 2024 to serve as a primary catalyst for mining investment and to reach data easily, Minister of Petroleum and Mineral Resources Karim Badawi stated on Tuesday.
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Al-Ahram Weekly
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Opinion
7/16/2024 10:28:49 PM
Rapid change and fierce regional competition define the economic arena in today’s dynamic global landscape, making clear communication pivotal for Egypt’s prosperity, writes Ali Metwally
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Business
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Economy
7/10/2024 4:56:55 PM
Talaat Moustafa Group (TMG) and Edita Food Industries SAE announced the resignation of Minister of Finance Ahmed Kouchouk and Minister of Investment and External Trade Hassan ElKhatib, respectively, from their boards of directors, according to official statements sent to the Egyptian Exchange (EGX).
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Business
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Economy
7/10/2024 4:01:11 PM
Egypt targets executing $20 billion worth of investments by the private sector during the current FY2024/2025, President of the General Authority for Investments and Free Zo (GAFI) Hossam Heiba said during the third annual summit for investment in education held on Tuesday in Cairo.
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Business
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Economy
7/5/2024 7:09:55 PM
The new cabinet, announced on Wednesday, merged the industry ministry with that of transport and added the industry ministry’s external trade portfolio to that of investment, also bringing in new blood to the ministries of housing and supply.
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Business
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Economy
7/4/2024 10:53:41 PM
After taking the oath, Ahmed Kouchouk (the new minister of finance), Rania Al-Mashat (the new minister of planning, economic development and international cooperation), and Hassan ElKhatib (the new minister of investment and foreign trade) gave statements that outlined their vision for achieving the significant tasks on their tables.
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Al-Ahram Weekly
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Egypt
7/3/2024 7:56:22 PM
The energy sector attracted $33 billion in deals at this week’s EU-Egypt Investment Conference in Cairo.
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Al-Ahram Weekly
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Economy
7/3/2024 7:53:18 PM
The European Union’s promises to support the Egyptian economy were born out this week at a two-day Egypt-EU investment conference in Cairo, reports
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Al-Ahram Weekly
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Features
7/2/2024 5:24:00 PM
The development of the Ain Sokhna Port, part of the Suez Canal Economic Zone, has facilitated the expansion of investment in the area, reports Karima Abdel-Ghani
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Business
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Economy
7/1/2024 7:22:25 PM
Egypt's Minister of International Cooperation Rania Al-Mashat stated that the European Union’s €1.8 billion investment package to Egypt will attract a total of €11 billion in foreign direct investments (FDIs).
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Business
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Tech
7/1/2024 5:43:00 PM
Egypt and a group of European investors signed three agreements in the telecommunication and information technology sector on the second day of the two-day Egypt-EU Investment Conference hosted by Egypt on 29-30 June.
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Business
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Economy
7/1/2024 11:13:59 AM
Cairo aims to repeat this successful experience of the Egypt-EU Investment Conference annually in coordination with European partners, Prime Minister Mostafa Madbouly said aspiring to see the 2025 edition.
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Business
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Energy
6/30/2024 9:24:47 PM
Egypt is an important partner for Cyprus in the region, Minister of Energy, Commerce and Industry, George Papanastasiou, told the Cyprus News Agency (CAN) on the occasion of the EU-Egypt Investment Conference, held on Saturday in Cairo.
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Business
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Economy
6/30/2024 6:29:43 PM
Over two days, Egypt hosted the first Egypt-EU Investment conference that witnessed the signing of deals worth $40 billion. The conference also saw the signing of the first tranche of the EU's financing package for Egypt worth €1 billion out of a total of €7.4 billion.
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