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Business
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Economy
1/14/2025 12:00:00 AM
Minister of Industry and Transport Kamel El-Wazir has met with the heads of 35 industrial investment companies to discuss their involvement in operating and developing 43 vocational training centres across 18 governorates in Egypt, according to a Ministry of Industry and Transport statement.
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Business
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Economy
1/13/2025 6:56:16 PM
Minister of Investment and External Trade Hassan ElKhatib announced Monday that Egypt plans to reduce customs clearance time to save $284 million.
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Al-Ahram Weekly
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Opinion
1/7/2025 6:20:23 PM
The prime minister’s meeting with several heavyweight businessmen last week demonstrates the government’s desire to involve the private sector in the economy by listening to both complaints and suggestions for improving the investment environment.
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Business
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Economy
1/6/2025 4:50:57 PM
Minister of Investment and External Trade Hassan ElKhatib announced Monday that Egyptian exports reached an all-time high of $40 billion in 2024.
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Business
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Markets & Companies
1/5/2025 5:28:17 PM
The Egyptian Exchange (EGX) indices rose at the close of Sunday's trading session, backed by investments from foreign and local investors.
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Al-Ahram Weekly
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Egypt
1/4/2025 11:49:00 PM
2024 saw Egypt offering new sectors and companies for private entities to own and operate, writes Sherine Abdel-Razek
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Business
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Markets & Companies
1/2/2025 5:56:45 PM
The Egyptian Exchange (EGX) indices posted collective gains at the close of Thursday's trading session, backed by purchases by local institutions and investment funds, as well as Arab and foreign investors, against sales by Arab and foreign institutions and Egyptian investors.
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Business
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Economy
1/2/2025 4:01:02 PM
Egypt's Ministry of Investment and External Trade has granted nine golden licenses to strategic investment projects across various sectors, according to a statement released by the Egyptian cabinet on Wednesday.
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Business
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Economy
12/31/2024 5:15:38 PM
Private investments reached EGP 133.1 billion at constant prices in the first quarter (Q1) of FY2024/2025, approximately 63.5 percent of total investments, registering a 30 percent growth rate compared to Q1 of FY2023/2024, according to data published by the Ministry of Planning, Economic Development, and International Cooperation on Tuesday.
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Business
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Markets & Companies
12/30/2024 7:13:57 PM
The Egyptian Exchange (EGX) indexes went down at the close of Monday's trading, backed by sales by Arab and Egyptian institutions and investors and investment funds against purchases by foreign institutions and individuals.
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Business
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Economy
12/30/2024 4:02:16 PM
Minister of Planning, Economic Development, and International Cooperation Rania Al-Mashat announced Sunday that the total investments executed in the fiscal year 2023/2024, which ended on 30 June, reached 98.5 percent of the targeted EGP 1.65 trillion.
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Egypt
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Urban & Transport
12/27/2024 2:40:03 PM
Prime Minister Mostafa Madbouly discussed tourism investment opportunities in Downtown Cairo with several investors on Thursday, focusing on a project to repurpose the government ministries' buildings into world-class hotels, according to the Egyptian cabinet.
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Business
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Economy
12/26/2024 11:02:45 PM
The Egyptian government has announced a new decision that limits the import of personal vehicles to one car per importer over the next five years starting Friday, according to the official gazette by the Ministry of Investment and Foreign Trade.
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Business
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Economy
12/25/2024 12:53:14 PM
Uzbek Minister of Investment, Industry, and Trade Laziz Kudratov urged creating a digital platform to connect businesses, facilitate partnerships, and strengthen economic cooperation between Egypt and Uzbekistan, particularly for small and medium-sized enterprises (SMEs), a statement by the Ministry of Planning, Economic Development, and International Cooperation read on Wednesday.
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Business
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Economy
12/20/2024 6:42:38 PM
CEO of Access Health International Krishna Reddy announced that the company aims to foster investment in Egypt's healthcare system and promote opportunities in the Egyptian health sector globally, according to a statement released by the General Authority for Investment and Free Zones (GAFI) on Thursday.
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Business
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Markets & Companies
12/19/2024 7:07:56 PM
The Egyptian Exchange (EGX) indices showed mixed performance at the close of Thursday's trading session, amid purchases by Arab and foreign institutions and investment funds and Arab investors against sales by Egyptian institutions and investment funds and Egyptian and foreign investors.
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Business
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Economy
12/17/2024 3:20:54 PM
Hossam Heiba, CEO of the General Authority for Investments and Free Zones (GAFI), held discussions with Chinese Luthai Group, the largest global producer of dyed fabrics and shirts, regarding their plan to establish their first factory in Egypt with an investment of $385 million, according to a statement by the Egyptian cabinet on Monday.
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Business
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Economy
12/17/2024 1:54:05 PM
Minister of Industry and Transport Kamel El-Wazir discussed with the chairman of Shen Feng Tools Co. for iron products the latest developments regarding the plan to establish an integrated industrial complex in Egypt, with total investments of $1.6 billion, the Ministery of Industry and Transport announced on Monday.
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Business
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Economy
12/15/2024 8:38:20 PM
US Ambassador Herro Mustafa Garg and Acting Assistant Secretary Amy Holman co-hosted a call on Sunday with more than 60 American businesses and the Egyptian Minister of Investment and Foreign Trade Hassan ElKhatib to promote US-Egypt trade and investment in the healthcare and medical technology sector, the US Embassy said in a release.
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Business
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Economy
12/12/2024 1:48:02 PM
The National Egyptian Railway Industries Company (NERIC) Project Manager Ahmed El-Mofty announced that the company plans to open its factory in the East Port Said Industrial Zone by mid-2025, with an estimated total investment of approximately EGP 4.2 billion for the first phase, a cabinet statement said Thursday.
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