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Egypt - Politics
10/17/2022 10:59:55 PM
Egypt’s President Abdel-Fattah El-Sisi has given instructions to support industrial complexes nationwide to ensure they reach their maximum production capacity.

Al-Ahram Weekly - Opinion
10/12/2022 9:22:00 AM
In whose interest are tax exemptions for investment, asks Ziad Bahaa-Eldin

Advertising - Advertisement
10/11/2022 6:46:00 PM
Etisalat by e& announced its intention to inject huge investments in outsourcing services, financial technology and entertainment services, to consolidate the company’s status in technology investment and digital servicessector.

COP27 - Climate change
10/8/2022 8:45:03 PM
Dr Mahmoud Mohieldin, the UN climate change high-level champion for Egypt, said that enhancing investments in renewables and emissions reduction projects will help achieve the net zero target.

Business - Economy
10/2/2022 6:44:50 PM
President Abdel-Fattah El-Sisi has ordered the government and the Central Bank of Egypt (CBE) to formulate new initiatives to attract foreign investments into the country.

Egypt - Foreign Affairs
9/21/2022 3:58:37 PM
Minister of Foreign Affairs Sameh Shoukry said that the current situation in the world prompted Egypt to intensify its efforts to become a regional energy hub, with a focus on supplying natural gas and electrical power to neighbouring countries and boosting local investments in green hydrogen production.

Business - Tech
9/21/2022 12:41:58 PM
Exits.me, an Egypt-based fintech investment platform, has raised $1 million in a pre-seed round, which is funded by the UK-Based Exits.me, a group of well-known Egyptian angel investors, including Baseeta Investments Holding, Mawelni Holding for Financial Investments, and the founders.

Business - Markets & Companies
9/18/2022 10:43:42 AM
Qatar Investment Authority (QIA), the Qatari sovereign wealth fund, has expressed eagerness to pump investments into the tourism and hotel sectors in Egypt, a statement by the cabinet on Saturday read.

Business - Economy
9/17/2022 11:16:43 PM
The Sovereign Fund of Egypt (TSFE) implemented or signed binding deals to execute 10 projects worth EGP 25.5 billion in 2021, and is studying 44 projects for total investments worth EGP 140 billion over the coming five years, TSFE CEO Ayman Soliman said on Saturday.

Business - Tech
9/13/2022 8:07:19 PM
In a meeting with Egypt’s Prime Minister Mostafa Madbouly on Tuesday, a delegation from the Chinese mobile phone company Oppo announced that the company was going to establish a mobile phone factory in the country with initial investments of $20 million.

Business - Economy
9/8/2022 5:26:50 PM
Africa needs significant investments to build climate adaptation and resilience capacity in order to gain the benefits of climate resilience, investments which exceed the capacity of African countries alone, AfDB Vice President Kevin Urama said.

Business - Economy
9/1/2022 5:01:44 PM
Egyptian investments in Africa rose by $1.2 billion in 2021 to $10.2 billion, and trade volume with Ivory Coast has risen to $149 million, an increase of 178.5 percent compared to 2020, Egypt’s Minister of Trade and Industry Ahmed Samir said.

Business - Markets & Companies
8/30/2022 6:45:20 PM
Egypt’s General Authority for Investment and Free Zones (GAFI) signed a memorandum of understanding (MoU) on Tuesday with the Dutch multinational automotive company Stellantis to study driving further investments into the country’s automotive industry sector, a cabinet statement said.

Business - Tech
8/28/2022 5:53:48 PM
Fintech has grown significantly in Egypt over the last five years, as venture capital investments jumped to over $159 million in 2021, up from around $1 million raised in 2017, according to a Fintech report issued recently by the Central Bank of Egypt.

Business - Economy
8/25/2022 1:53:35 PM
Egypt has allocated EGP 294.2 billion for public investments in the urban development sector in FY 2022/2023.

Business - Markets & Companies
8/25/2022 11:48:17 AM
Minister of Supply and Internal Trade Ali Moselhi said his ministry is adopting plans to develop the factories of the Holding Company for Food Industries (HCFI), such as Qaha and Edfina, with large investments.

Business - Economy
8/24/2022 9:35:56 PM
The Sovereign Fund of Egypt (TSFE) has attracted investments worth $3.3 billion from other Arab sovereign funds throughout this year, Abdallah El-Ebiary, head of the TSFE's investment sector, said on Wednesday.

World - International
8/24/2022 11:17:45 AM
Asian markets were mostly lower on Wednesday as investors await news on the next US interest rate hikes.

Multimedia - In Pictures
8/23/2022 9:11:07 PM
The UAE intends to increase its investments in Egypt by around 75% which will support the country’s economy amid ongoing global economic challenges.

Business - Economy
8/22/2022 10:24:10 PM
Egypt's exports to three Arab countries - Bahrain, Jordan, and Iraq - have increased in 2021 and the first quarter of the FY 2021-2022.

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