investment

Pathways to Maintain Egypt's Attractiveness to Foreign Direct Investment

Thu, 26 Jan 2023 - 05:00 GMT

It is not an easy quest in some sectors.

Italy welcomes legal migrants from Egypt, aims for bigger energy cooperation: FM Antonio Tajani

Sun, 22 Jan 2023 - 12:28 GMT

The minister elaborated that Italy wants to establish an energy hub in Europe in cooperation with other Mediterranean states.

Egyptian president, Italian FM discuss economic cooperation, illegal migration

Sun, 22 Jan 2023 - 11:50 GMT

President Abdel Fatah al-Sisi met Sunday with Italian Minister of Foreign Affairs Antonio Tajani

Egypt offers 200K feddans irrigated by Lake Toshki-Paris water to investors

Sun, 15 Jan 2023 - 01:22 GMT

Further, the municipal authority is currently paving a dust road to the lake, extending on 60 kilometers.

Egyptian president inaugurates projects in Sohag recipient of LE102B-worth of public investments

Thu, 05 Jan 2023 - 04:13 GMT

President Abdel Fatah al-Sisi inaugurated Thursday a university, hospital, highway and industrial complex in Upper Egypt's Sohag.

Egypt invested LE 12 bln in electricity sector during 2022

Sat, 24 Dec 2022 - 11:41 GMT

The Egyptian Electricity Transmission Company succeeded during the year 2022 in implementing what it has planned at a rate of about 62%, as the investments spent during the year amounted to about 12.307 billion pounds.

Majid Al Futtaim Retail plans to invest LE 750M in Egypt within 3 years

Thu, 22 Dec 2022 - 12:47 GMT

He explained that Majid Al Futtaim Retail aims to launch a retail school in 2023.

Egypt’s Planning Minister, Orange Group discuss expanding investments

Thu, 15 Dec 2022 - 02:03 GMT

Heydemann pointed out that the planned step would result in better serving customers.

Egypt announces launch of 4th phase of electronic map for industrial investment

Sun, 11 Dec 2022 - 05:08 GMT

The fourth phase was launched in coordination and cooperation with the General Authority for Investment and Free Zones, which represents a reactivation of the map of industrial investment opportunities.

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.

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