Hanan Mohamed

Arab financial institutions crucial for addressing economic, social challenges: Qatari Finance Minister

Wed, 22 May 2024 - 01:32 GMT

“Recent events, such as the Gaza conflict, COVID-19 pandemic, and European crises, have added to the region's challenges, affecting commodity prices, import costs, exports, and supply chains, leading to higher inflation and tighter monetary policies,” Al-Kuwari added

Entlaq Company wraps up Dutch Startups Matchmaking Program in Egypt

Sun, 19 May 2024 - 11:36 GMT

Entlaq Company's CEO, Mohamed Ehab, stated that this program represents an investment opportunity for companies, workers, and investment institutions.

Planning Min. emphasizes private sector's role in Egypt's sustainable development

Sun, 12 May 2024 - 05:37 GMT

El-Said noted that the national structural reform program has four main pillars, the first one focuses on the real side of the economy which is: manufacturing, agriculture, and information and communications technology (ICT).

Egypt works on injecting more private investment flows into economic arteries: Maait

Sun, 12 May 2024 - 05:19 GMT

Maait said that the goal of the reforms is to inject more private investment flows into Egypt's economy and achieve more sustainable economic growth, led by the private sector in the upcoming period.

Even with Ras El Hikma deal, Egypt needs IMF's support: Capital Economics

Thu, 29 Feb 2024 - 07:10 GMT

Middle East and North Africa Economist at Capital Economics, James Swanston, noted that even before the Ras el Hekma deal, investor sentiment towards Egypt had improved in recent months on the back of hopes that a new IMF deal will soon be secured.

Golden Triangle project aims at establishing integrated developmental community

Tue, 27 Feb 2024 - 03:41 GMT

Aboulghait emphasized that all projects in the Golden Triangle region are based on the principles of sustainability and commitment to green practices.

Consumer Finance Federation President stresses exchange rate stability for robust market outlook

Tue, 27 Feb 2024 - 03:08 GMT

Zater added when asked about the Ras El Hikma deal, that exchange rate stability would attract investors.

Annual Capital Markets Summit discusses Ras El Hikma deal

Mon, 26 Feb 2024 - 11:35 GMT

Themis came during a session entitled,”Promotional efforts to attract foreign direct investment”.

Future contracts for carbon certificates to listed on EGX

Mon, 26 Feb 2024 - 11:09 GMT

Farid announced, during his speech at the annual summit of Capital Markets, Monday, the issuance of new rules for the listing and removal of carbon emissions reduction certificates in the coming days.

Egypt's FDI surges to $10B in FY 2022/23, marking 15-year high

Mon, 26 Feb 2024 - 10:07 GMT

Through analyzing the evolution of net foreign direct investments over the past nine years, excluding the COVID-19 period, foreign direct investments entering non-petroleum sectors reached a net flow of $11 billion.

Into Egypt’s objectives for Northwest Coastal Development plan

Sun, 25 Feb 2024 - 07:13 GMT

According to a government report, the Northwest Coastal region, with its various resources, is Egypt’s hope for absorbing the population increase over the next 40 years, estimated at about 34 million people.

Talaat Moustafa leads gainers on EGX following Ras El Hikma project collaboration

Sun, 25 Feb 2024 - 05:42 GMT

The company stated in a filing to the EGX that the collaboration in implementing the Ras El Hikma project aligns with the group's strategy of creating continuous added value that benefits its shareholders by maximizing returns and creating additional value.

Egypt's PM initiates gradual release plan for $1.3B goods in customs with focus on essential commodities, medicines

Sun, 25 Feb 2024 - 03:24 GMT

This directive was given during a meeting on Sunday, chaired by the Prime Minister, to monitor the provision of necessary financing in foreign currency for strategic goods and medicines.

Things to know about "Ras El Hikma" Deal

Fri, 23 Feb 2024 - 05:33 GMT

The government expects the project to attract investments of up to $150 billion during its development, helping to provide millions of job opportunities and inject liquidity into the Egyptian economy.

Ras El Hikma investment deal unveils 5 key factors

Fri, 23 Feb 2024 - 03:55 GMT

the project represents the largest direct investment deal in the country's history, noting that it will bring $150 billion in investments to Egypt over the project's lifetime.

Egypt, UAE ink largest investment deal for Ras El Hikma Project with $35B FDI

Fri, 23 Feb 2024 - 03:25 GMT

The deal involves $150 billion in investments during the project development period, including around $35 billion in direct investments for the Egyptian state within two months.

ADNOC Distribution's investment in Egypt based on 'strong fundamentals, boasting current 244 service stations: CEO to ET

Wed, 21 Feb 2024 - 09:41 GMT

Al Lamki shared insights in an exclusive interview with ET during the Egypt Energy Show (EGYPS) 2024, marking the company's first participation in the conference, which Al Lamki described as impressive and exciting.

Egypt, Brazil strengthen ties with signing of agreements and centennial celebration

Thu, 15 Feb 2024 - 04:45 GMT

The signed agreements included a memorandum of understanding between the Ministry of Higher Education and Scientific Research in the Arab Republic of Egypt and the Ministry of Science, Technology, and Innovation in the Federal Republic of Brazil regarding cooperation in the fields of science, technology, and innovation.

Launch of UCC supports Egyptian economy amid challenges: Ahmed Swailam

Wed, 14 Feb 2024 - 01:32 GMT

Swailam told Egypt Today (ET) that in this difficult situation, the company’s goal is to establish a presence to support the Egyptian economy.

Working with Egypt 'high priority", significant progress made in economic reform discussions: IMF

Mon, 12 Feb 2024 - 03:48 GMT

This came during her meeting with Egypt’s Prime Minister, Mostafa Madbouly, on the sidelines of the World Government Summit in Dubai.