Egypt's FM meets representatives of UK business community, funding institutions

Wed, 06 Jul 2022 - 03:42 GMT

That was during his visit to London, whose purpose was launching the UK-Egypt Association Council.

Egypt offers 4.4K industrial units for sale nationwide

Wed, 06 Jul 2022 - 02:50 GMT

Chairman of the General Authority for Industrial Development Mohamed al-Zalat displayed Tuesday in a meeting with Prime Minister Mostafa Madbouli more details on the establishment of 13 industrial complexes nationwide.

Egyptian president receives UAE Minister of Industry, Advanced Technology

Wed, 06 Jul 2022 - 12:35 GMT

President Abdel Fatah al-Sisi received Tuesday Minister of Industry and Advanced Technology Sultan al-Gaber.

Petroleum min.: Egypt's mining sector provides promising investment opportunities

Mon, 04 Jul 2022 - 02:40 GMT

The minister said Egypt has a distinct geological nature and many types of minerals, sources of energy, distinguished mining cadres, and the infrastructure including road and transport networks, airports and seaports overlooking two of the most important maritime trade routes globally.

GAFI head urges fostering investment relations with Saudi Arabia

Sun, 26 Jun 2022 - 03:48 GMT

His call came during a meeting on Sunday with a delegation of the Saudi Real Estate National Committee headed by Muhammad Abdullah Al Murshid.

Egypt is investment magnet in different domains: Finance min.

Thu, 23 Jun 2022 - 03:44 GMT

Maait said that unprecedented major national and development projects that are being implemented nationwide provide promising investment opportunities.

Plan set to ensure long-term flow of Saudi investments into Egypt

Tue, 21 Jun 2022 - 02:11 GMT

The General Authority for Free Zones and Investment (GAFI) and the Saudi Ministry of Investment collaborated in setting a plan to ensure a long-term flow of Saudi investments into Egypt.

Egypt looking forward to increasing Gulf investments in Country: Min.

Tue, 21 Jun 2022 - 01:49 GMT

Maait expressed his country’s aspiration to transform Gulf deposits in Egypt into real investments that take advantage of the promising development opportunities available in various fields, and the business-stimulating environment.

GAFI launches many incentives to attract more foreign investments to Egypt

Tue, 21 Jun 2022 - 12:29 GMT

The investment investments include facilitating the procedures for investors to obtain the lands needed to implement their projects, and setting time plans for the implementation of projects.

Egypt, Saudi Arabia sign 14 investment agreements worth $7.7B

Tue, 21 Jun 2022 - 11:55 GMT

Those are in the sectors of infrastructure, logistics, port management, food industries, pharmaceuticals, traditional energy, renewable energy, e-payment, digital financial and information solutions.

Egypt keen to provide support to Qatari companies investing in Egypt

Tue, 21 Jun 2022 - 11:48 GMT

There are many investment opportunities available in the Egyptian market, which is a main gateway to the African and European markets, thanks to the trade agreements that Egypt has with these markets.

Egypt's FM discusses with European Investment Bank's president boosting inflows to energy, green transition sectors

Mon, 20 Jun 2022 - 12:04 GMT

Minister of Foreign Affairs Sameh Shokry met Monday with President of the European Investment Bank Werner Hoyer within his visit to Luxembourg.

Egypt, Luxembourg discuss concluding agreements on double taxation avoidance, aviation services

Mon, 20 Jun 2022 - 11:14 GMT

Minister of Foreign Affairs Sameh Shokry was received early on Monday by his Luxembourgish counterpart Jean Asselborn.

Egypt targets to attract LE40B in investments after issuance of 'State Ownership Document'

Wed, 15 Jun 2022 - 09:34 GMT

Consultant to the Prime Minister for Economic Affairs Gihane Saleh stated Wednesday in a phone-in that the government targets to attract LE40-billion worth of investments over four years.

Egypt to build automotive factory in SCzone targeting to produce 75K vehicles per annum in 1st phase

Tue, 14 Jun 2022 - 03:32 GMT

Prime Minister Mostafa Madbouli attended Tuesday the signing of a quadrilateral memorandum of understanding (MoU) to build an automotive factory in the Suez Canal Economic Zone (SCzone) located Eastern Port Said.

Egypt's PM says 'State Ownership Document' consists of 8 areas, composed of 20 pages

Mon, 13 Jun 2022 - 07:56 GMT

Prime Minister Mostafa Madbouli stated Monday that the "State Ownership Document," which will be launched soon, consists of eight areas, and is composed of just 20 pages.

In figures: How Russia-Ukraine crisis affected Egypt’s economic growth

Thu, 09 Jun 2022 - 11:21 GMT

This review shows indicators of Egypt’s economic growth rates before and after the Russian war on Ukraine.

Japan's Sumitomo to build its world largest automotive braided cable factory in Egypt

Wed, 08 Jun 2022 - 03:39 GMT

Prime Minister Mostafa Madbouli attended Wednesday the signing of the MoU between the General Authority for Free Zones and Investment (GAFI) and Sumitomo Egypt.

Egypt's GAFI chief visits Qatar to discuss potential projects

Tue, 07 Jun 2022 - 05:41 GMT

Chairman of the General Authority for Free Zones and Investment (GAFI) Mohamed Abdel Wahab held a series of meetings in Qatar Monday to discuss new projects as well as existing ones.

Al-Futtaim Group aims to invest $1B in Egypt

Thu, 02 Jun 2022 - 02:54 GMT

This came during a meeting with the Egyptian Prime Minister, Mostafa Madbouli, on Wednesday, June 1, with Emirati businessman Omar Abdullah Al-Futtaim, CEO of the Al-Futtaim Group.