investment

Egyptian, Croatian FMs hold talks on future joint events

Wed, 24 Jul 2024 - 01:30 GMT

Minister of Foreign Affairs, Immigration and Egyptian Expats Badr Abdel Aty received Wednesday a phone call from Croatian counterpart Gordan Grlic Radman.

Egyptian Deputy PM, U.S. embassy discuss cooperation in green industries

Tue, 23 Jul 2024 - 02:34 GMT

Deputy Prime Minister for Industrial Affairs Kamel al-Wazir met Tuesday with U.S. Ambassador Hero Mostafa to discuss bolstering American investments.

Egypt launches new labs affiliated to General Organization for Export and Import Control

Sun, 21 Jul 2024 - 01:04 GMT

Minister of Investment and Foreign Trade Hassan al-Khatib inaugurated the labs earlier this week.

Ambassador discusses with Senegalese minister plans of Egyptian investors

Thu, 18 Jul 2024 - 11:52 GMT

Ambassador to Dakar Khaled Aref met earlier this week Senegalese Minister of Industry and Trade Diop Serigne.

Power-saving electricity cuts to end in Egypt on July 21 till mid-September

Wed, 17 Jul 2024 - 04:15 GMT

Electricity use increased by 12 percent in 2024.

Ministers of Tourism, Investment talk enhancing joint cooperation

Tue, 16 Jul 2024 - 09:55 GMT

Minister of Tourism and Antiquities Sherif Fathi met on Tuesday with Engineer Hassan Al-Khatib, Minister of Investment and Foreign Trade, at the headquarters of the Ministry of Tourism and Antiquities in the New Administrative Capital.

PM establishes ministerial groups for human, industrial development

Tue, 09 Jul 2024 - 04:12 GMT

Similar to its human development counterpart, the Ministerial Group for Industrial Development will convene weekly, with a technical secretariat ensuring operational efficiency and regular reporting to the Prime Minister

PM sets price controls, inflation reduction, investment boost as Cabinet's economic priorities

Tue, 09 Jul 2024 - 11:19 GMT

Central to Madbouly's agenda are immediate actions on critical issues, including economic stability, healthcare, education, and industrial growth.

Egypt focuses on investment, power, and public engagement in new government agenda

Thu, 04 Jul 2024 - 01:33 GMT

The new government's agenda highlights its commitment to economic growth, improved infrastructure, and increased transparency through public engagement

Egypt, EU Consortium to Invest €7 Billion in Green Hydrogen Initiative

Sat, 29 Jun 2024 - 08:25 GMT

Egypt launches a landmark €7 billion deal for green hydrogen production in Ras Shuqair.

Private sector contributes to Egypt’s GDP by 70%, hires 80% of workers: minister

Sat, 29 Jun 2024 - 03:45 GMT

Minister Hala El-Said Reports Significant Economic Reforms and 65 Investments Across 14 Sectors, Private Sector Employs 80% Workforce

EU President Ursula von der Leyen says cooperation with Egypt can ‘move mountains’

Sat, 29 Jun 2024 - 02:06 GMT

Von der Leyen said that cooperation between the EU and Egypt through the public or private sectors can “move mountains.”

Egypt repays $25B in domestic, external public debt since March 2024

Thu, 27 Jun 2024 - 03:07 GMT

Egypt repaid a substantial portion of its domestic and external public debt, amounting to $25 billion since March 2024

UNCTAD: Egypt’s FDI inflows saw a decline of 13.7% in 2023, North Africa’s FDIs drop 12%

Thu, 27 Jun 2024 - 02:28 GMT

FDI outflows from Egypt saw a 14 percent increase year-on-year, totaling $390 million in 2023, as per the report

GAFI hosts Egyptian-British Business Forum for Investment in Infrastructure

Tue, 25 Jun 2024 - 01:04 GMT

The forum included meetings between Egyptian and British companies.

Japan's SARAYA to inaugurate 3 factories at Egypt's SCzone Tuesday

Mon, 24 Jun 2024 - 04:34 GMT

The company has founded a complex consisting of four factories worth $12 million.

940 French firms operate in Egypt with investments worth $7.2B: PM

Mon, 24 Jun 2024 - 02:50 GMT

The statement was made during a meeting with representatives of French companies working in Egypt.

Egypt eyes Bolivian tourism, investments in SCzone

Sun, 23 Jun 2024 - 08:19 GMT

Ambassador to Sucre Hatem al-Nashar invited earlier this week Bolivian Vice-President David Choquehuanca to visit Egypt.

Egypt, Brazil discuss launching logistic zones, direct flights

Tue, 11 Jun 2024 - 02:37 GMT

Both delegations conferred over ways of increasing the size of bilateral trade exchange that currently stands at $2.8 billion per annum.

Egypt’s net foreign assets hit LE 174.3B in April: CBE

Sun, 02 Jun 2024 - 02:21 GMT

The Central Bank of Egypt (CBE) reported holding LE 1.883 trillion in foreign assets at the end of April, while commercial banks held LE 1.195 trillion

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