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Egypt - Foreign Affairs
3/28/2022 8:10:09 PM
Egyptian President Abdel-Fattah El-Sisi and French Minister of Economy and Finance Bruno Le Maire discussed on Monday boosting French investments in Egypt’s national projects on artificial intelligence and green hydrogen production.

Business - Economy
3/21/2022 11:21:40 PM
Prime Minister Mostafa Madbouly asserted the partnership between Egypt and France is based on the important role both Egyptian and French companies and institutions play in achieving development by doing business in joint projects.

Business - Markets & Companies
3/21/2022 7:40:27 PM
​Amazon plans to expand its investments in Egypt in 2022 and beyond, targeting to construct new warehouses in west and east Cairo, Alexandria and Banha, and to open a new customer service centre in Cairo, Amazon Egypt’s General Manager Omar Elsahy told Ahram Online on Monday during an online press briefing.

Business - Markets & Companies
3/20/2022 3:29:00 PM
Delemar Aluminium — one of the largest extruded aluminium companies in the Egyptian market — announced its plans to double its investments in the Egyptian market over the coming five years and to raise its exports to 40 percent in 2022, up from the 20 percent recorded in 2021, according to Delmar CEO Mahmoud Haroun.

Business - Economy
3/10/2022 11:37:37 AM
The European Bank for Reconstruction and Development (EBRD) supports Egypt’s efforts accelerating green transformation and investment ahead of it hosting the UN Climate Change Conference 2022 (COP27) in November, said EBRD’s Vice President for Policy and Partnerships Mark Bowman.

Al-Ahram Weekly - Opinion
3/8/2022 9:38:11 PM
Two weeks after the start of the Russian attack on Ukraine, the world, including Egypt, is reckoning up its economic losses from the conflict. In addition to an uncertainty-induced slowing down of investments, disrupted trade, and an outflow of hot money, the world is sharing a common threat – runaway inflation.

Business - Energy
3/4/2022 4:14:38 PM
Egypt and Italy’s giant energy group Eni discussed on Friday preparations to pump new investments into Egypt’s Gulf of Suez and Nile Delta regions in accordance with an oil exploration deal signed between both sides in December.

Business - Markets & Companies
3/2/2022 3:35:29 PM
Funded by Majid Al-Futtaim Properties Egypt, the European Bank for Reconstruction and Development (EBRD) and the State Secretariat for Economic Affairs (SECO) of the Swiss Confederation; the leading shopping mall, communities, retail, and leisure pioneer across the Middle East, Africa, and Asia inaugurated on Monday the Almaza Recruitment and Training Centre (ARTC) at City Centre Almaza.

Business - Markets & Companies
3/2/2022 2:09:36 PM
UAE-based Gulf Capital — an equity investment company that has been investing in the Egyptian market for more than 10 years — announced on Wednesday the opening of its office in Egypt.

War in Ukraine - Economy
2/28/2022 8:35:43 PM
Shell says it pulling out of Russia as President Vladimir Putin's invasion of Ukraine costs the country's all-important energy industry foreign investment and expertise.

Business - Tech
2/20/2022 3:38:42 PM
Fintech witnessed significant growth in the Egyptian market over the past five years, as venture capital investments rose to $159 million with 32 deals concluded in 2021, up from only $1 million raised in 2017 from three fintech deals, according to Fintech Egypt’s report.

Business - Tech
2/16/2022 6:54:30 PM
Egypt-based Contact Financial Holding, a non-banking financial services provider, announced on Wednesday the completion of its strategic investment in Wasla, an e-commerce super-app, with total investments valued at $9 million.

Business - Markets & Companies
2/13/2022 4:53:00 PM
Egypt's President Abdel-Fattah El-Sisi instructed the government on Sunday to continue to launch more Initial Public Offerings (IPOs) of state-owned companies to increase the ownership base at the Egyptian Stock of Exchange (EGX) and lure direct investments.

Business - Markets & Companies
1/31/2022 4:40:17 PM
The International Finance Corporation (IFC), a World Bank body, is set to pump $20 million in investments in Egypt-based Ezdehar, a private equity fund manager focused on Egypt.

Egypt - Politics
1/24/2022 7:39:43 PM
Egypt will focus on meeting the obligations of the Paris Agreement on climate change and explore how the private sector and NGOs can play a role in financing green investments during COP27, which Egypt is set to host this year, said Egypt’s Foreign Minister and COP27 President Designate Sameh Shoukry.

Business - Economy
1/23/2022 5:18:19 PM
Global foreign direct investment (FDI) flows jumped by 77 percent in 2021 to an estimated $1.6 trillion, up from the $929 billion recorded in 2020, exceeding their pre-COVID-19 level, according to the United Nation Conference on Trade and Development’s (UNCTAD) Investment Trends Monitor report.

Egypt - Foreign Affairs
1/22/2022 9:08:39 PM
Egypt’s Foreign Minister Sameh Shoukry urged the Omani private sector and businessmen on Saturday to enhance their presence in the Egyptian market during a meeting with the Egypt-Oman joint business council in Muscat.

Egypt - Foreign Affairs
1/20/2022 2:54:00 PM
South Korean President Moon Jae-in believes Egypt is a magnet for global investments with a huge potential for growth. This is why the two countries inked a comprehensive partnership agreement during President Abdel-Fattah El-Sisi’s visit to Seoul in March 2016.

Business - Economy
1/18/2022 6:03:07 PM
Foreign investors have pumped $970 million since early January in investments in Egypt’s long-term treasury bills (T-bills), an official source at the Central Bank of Egypt (CBE) said on Tuesday.

Business - Markets & Companies
1/18/2022 3:26:03 PM
New Japanese companies plan to head to the Egyptian market and to inject fresh investments in the country over the coming period, benefitting from its attractive business and investment atmosphere, said Ambassador of Japan to Egypt Oka Hiroshi.

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