Investments in Egypt's ICT sector to hit LE67.1B in FY 2022/23

Thu, 24 Nov 2022 - 03:25 GMT

That is compared to LE58.2 billion for investments expected by the end of the previous year 2022/21, with a growth rate of 15%.

Egypt's GAFI garners UNCTAD's award of excellence in promoting sustainable investment in agribusiness

Tue, 15 Nov 2022 - 01:46 GMT

GAFI's winning project is the Canal Sugar Company.

Madbouly: Egypt aspires to provide programs for transition to green economy

Wed, 09 Nov 2022 - 10:51 GMT

Egypt aspires to provide programs for transition to a green economy, stated Prime Minister Moustafa Madbouly on Wednesday during COP27.

1st destination for recreational medical tourism in Egypt to be established with LE 300M

Wed, 02 Nov 2022 - 05:22 GMT

The new cooperation with Apleona targets a total of 29,000 tourists annually, and will also provide more than 1,000 job opportunities, according to Ahmed Abdel Hamid, Managing Director of DM Development.

Egypt to launch digital platform for industrial investors

Wed, 02 Nov 2022 - 04:16 GMT

Prime Minister Mostafa Madbouly attended Wednesday the signing of the protocol between the Ministry of Industry and Trade, and eFinance.

Qatari direct Investments in Egypt amount to $4B

Wed, 02 Nov 2022 - 03:10 GMT

"We are considering investing in the Egyptian health sector and other investments soon," Bin Qassem added during the Businessmen Association's discussion of investment opportunities with the Egyptian Ministry of Health.

UAE's Mubadala intends to inject new investments in Egyptian energy field

Tue, 01 Nov 2022 - 03:13 GMT

This came during a meeting between the Minister of Petroleum and Mineral Resources, Tarek El Molla, with officials of the UAE Mubadala Company, on the sidelines of the Abu Dhabi International Petroleum Exhibition and Conference “ADIPEC 2022”.

Egypt's GAFI invites Qatari investors to apply on 'Golden License'

Mon, 31 Oct 2022 - 01:56 GMT

The General Authority for Free Zones and Investment (GAFI) held talks with a Qatari business delegation to probe ways of boosting Qatari investment inflows.

64 industrial projects launched within Egypt's 'Start' initiative

Sun, 30 Oct 2022 - 02:05 GMT

Member of "Start" initiative Aya Hossam El Din stated in a TV interview Saturday that the number of industrial projects launched within the initiative is 64.

Egypt is UAE’s gate towards establishing new economic horizons in Africa: Emirati Min.

Tue, 25 Oct 2022 - 04:47 GMT

“This will take place through the International Finance Cooperation (IFC),” Al Marri elaborated on Tuesday.

Egypt invested LE 50B in digital transformation projects - minister

Mon, 24 Oct 2022 - 05:57 GMT

Talaat noted that the ICT Ministry expanded the technological innovation centers to reach 30 across the country with a total investment of LE 4.2 billion.

UAE investments in Egypt to grow by 75% within coming 5 years - official

Sun, 23 Oct 2022 - 07:02 GMT

UAE is the biggest investor in Egypt at both Arab and global levels thanks to close coordination between the two countries' leaderships.

Egypt increases volume of exports, achieve self-sufficiency via increased investment

Tue, 04 Oct 2022 - 07:47 GMT

According to Ahmed Abdel Hamid, the Head of the Building Materials Division of the Federation of Industries, "there is an exceptional circumstance in the industry and economy in the world, but Egypt is able to exceed this period."

Kuwaiti investments in Egypt hit $B: Minister

Mon, 03 Oct 2022 - 04:00 GMT

“Kuwait is the third largest Arab trading partner, and the fourth largest global trading partner among the investing countries," Maait said.

Sisi's decisions paved way to attract investments to Egypt - AAAID head

Wed, 28 Sep 2022 - 04:39 GMT

He added that Sisi’s directives that were announced on Tuesday reflected his keenness to attract more investments to Egypt.

et guide: 10 things to know about newly-inaugurated investment zone in Benha

Wed, 28 Sep 2022 - 06:35 GMT

Egyptian President Abdel Fattah al-Sisi inaugurated the investment zone in Benha City, Qalyubia Governorate, via video conference technology, during the inauguration of a number of development projects at the level of the Republic on Tuesday.

Lebanese investors keen on tapping Egyptian market: Official

Sun, 18 Sep 2022 - 04:35 GMT

Shuqair urged investors to visit new economic zones in Egypt to get firsthand information about the volume of achievements there.

Egypt's sovereign fund secures LE25.5B investments in 2021, studies 44 projects worth LE140B

Sun, 18 Sep 2022 - 03:01 GMT

Soliman noted that these investments were pumped in sectors of utilities and infrastructure, tourism, real estate investment, antiquities development, financial services and digital transformation, education and industry.

Senate committee recommends financial allocations to support foreign missions to attract investments

Sat, 17 Sep 2022 - 08:38 GMT

The parliamentary committee stressed the importance of determining financial allocations to support the role of foreign missions in the field of attracting investment and facilitating the entry of Egyptian exports abroad.

Egypt's Health Min. offers gov't hospitals for investment to private sector

Thu, 15 Sep 2022 - 03:58 GMT

Abdel Ghaffar added that the hospitals offered to private sector companies for investment include, "The Coptic Hospital, Heliopolis, and Sheraton".