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Business
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Economy
5/10/2023 10:47:10 PM
The Egyptian cabinet approved in its weekly meeting on Wednesday an agreement between Egypt and Qatar that aims to eliminate double taxation on income taxes and prevent tax evasion and avoidance.
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Egypt
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Politics
5/9/2023 9:36:40 PM
Minister of Finance Mohamed Maait and Minister of Planning and Economic Development Hala El-Said delivered two statements on Tuesday before parliament on the draft FY2023/24 budget and development plan.
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Business
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Economy
5/9/2023 8:21:12 PM
The Minister of Petroleum and Mineral Resources Tarek El-Molla announced Monday the founding of a new complex for silicon production in New Alamein City with total investments worth $ 172 million.
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Egypt
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Health
5/8/2023 12:31:31 PM
The healthcare subfund of The Sovereign Fund of Egypt (TSFE) and B Investments company have entered into a partnership with El-Ezaby pharmacy chain to launch a new company to provides business-to-business (B2B) services in the Egyptian pharmaceutical sector, the TSFE announced in a statement on Monday.
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Business
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Economy
5/1/2023 5:27:11 PM
Saudi consumer electronics retailer eXtra announced on Monday it will cancel its EGP 1 billion expansion plan in Egypt, citing no reason for the decision.
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Business
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Economy
4/30/2023 1:23:47 PM
Japanese investments in Egypt surged in FY2021/2022, even as trade between the two countries declined by 26.3 percent to $1.1 billion from $1.6 billion in FY2020/2021, according to the Central Agency for Public Mobilisation and Statistics (CAPMAS) on Sunday.
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Business
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Economy
4/26/2023 1:05:12 PM
The Egyptian government announced that talks are underway with local and Indian investors launching projects to manufacture pharmaceutical raw materials with $80 million investments.
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Egypt
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Urban & Transport
4/14/2023 10:07:30 PM
President Abdel-Fattah El-Sisi has issued decree No. 141 of 2023 to establish the Supreme Council For Investment.
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Business
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Economy
4/14/2023 12:00:00 AM
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Business
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Tech
4/9/2023 11:32:00 PM
Walid Gamal El-Din, Chairman of the General Authority for the Suez Canal Economic Zone (SCZONE), witnessed the unveiling of the cornerstone for the Indian Flex-Egypt factory project, with $110 million investments, in Ain Sokhna, according to an official statement on Sunday.
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Sports
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Egyptian Football
4/6/2023 11:53:50 PM
Pyramids FC board and their owners decided to stop investments in Egypt due to what they described as the "injustice" that his side suffer this season, the club announced on Thursday.
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Business
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Energy
4/5/2023 12:00:00 AM
The Red Sea Wind Energy Consortium has signed a financial close agreement with a group of international banks for the second 500-megawatt Gulf of Suez Wind Farm near Ras Ghareb, with investments totaling $680 million, according to a Cabinet statement released on Wednesday.
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Egypt
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Foreign Affairs
4/4/2023 11:42:36 PM
The Egyptian Foreign Minister, Sameh Shoukry, expressed the government's keenness to increase British investments in Egypt on Tuesday, during his meeting with Lord Tariq Ahmad of Wimbledon, the British Minister of State for the Middle East, in Cairo.
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World
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Africa
4/1/2023 2:49:06 PM
Vice President Kamala Harris is pushing for $7 billion in private-sector investments to help Africa prepare for the effects of climate change.
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World
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Africa
3/27/2023 3:59:42 PM
US Vice President Kamala Harris on Monday praised Ghanaian President Nana Akufo-Addo for his “democratic principles" during a visit with the West African leader, who's facing rising discontent over inflation and fresh concerns about regional security.
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Business
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Markets & Companies
3/22/2023 7:07:00 PM
Egypt’s Suez Canal Economic Zone (SCZONE) has approved several partnership projects with Abu Dhabi Ports Group, with investments worth hundreds of millions of pounds to be implemented within the zone.
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Egypt
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Foreign Affairs
3/21/2023 12:00:00 AM
In an exclusive interview with Ahram Online, Denmark’s Prime Minister Mette Frederiksen said Egypt is a very valuable partner for the European Union (EU) in combatting irregular migration, stressing that the 65-year-old Danish-Egyptian partnership has great prospects.
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World
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Region
3/15/2023 12:44:00 PM
Saudi Arabia could start making investments in Iran "very quickly" after they agreed to restore diplomatic ties, the Saudi finance minister said on Wednesday, despite sweeping US sanctions against the Islamic republic.
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Business
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Economy
3/12/2023 6:13:03 PM
Egypt has become qualified to attract both foreign and local investments and is providing all necessary facilities to encourage production in sectors that are of national priority, Egypt’s Minister of Finance Mohamed Maait told the Indian Ambassador Ajit Gupte in a meeting on Sunday.
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Egypt
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Urban & Transport
3/7/2023 5:31:46 PM
Egypt's Minister of Transport Kamel El-Wazir said on Tuesday that Africa urgently needs to build about 18,000 km of railway lines by 2040 to cover the shortage it is facing in rail transport projects, adding that this requires huge investments.
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