investment
One of the most important steps is that the Egyptian state is adhering to strict application of environmental sustainability standards in all its projects and sectors.
One of the most important steps is that the Egyptian state is adhering to strict application of environmental sustainability standards in all its projects and sectors.
Edita will enter the frozen bakery segment in Egypt and plans to invest EGP 400 million to expand its business over the coming year.
“Egypt is a larger economy, and growing faster,” Cerwinka told Egypt Today that this is the main reason for picking Egypt for the company’s investment.
The allocated investment show an increase of about 20 percent compared to the expected investments of the sector in the previous year, which recorded 84.2 billion pounds.
Chairman of GAFI Hossam Heiba delivered Saturday two Golden Licenses to foreign investors operating in the sector of home appliances upping the total to 15.
He also expressed SCZone's commitment to fostering cooperation with Chinese investors. The forum aims to be a platform for dialogue and collaboration between the two countries
Also, an Egyptian-Omani Business Forum was held to acquaint the Egyptian business community with investment opportunities in the neighboring Arab state.
The Egyptian Minister of Finance, Dr. Mohamed Maait, said, in the financial statement on the state’s draft general budget for the fiscal year 23/24 submitted to the House of Representatives.
The Egyptian Minister of Finance, Dr. Mohamed Maait, said, in the financial statement on the state’s draft general budget for the fiscal year 23/24 submitted to the House of Representatives.
This came during Vigliotti’s visit to Money fellows, as a part of the EIB's initiative to explore investment opportunities in Egypt, supporting sustainable financial inclusion in the country.
The FRA issued all regulatory and legislative decisions and controls to regulate the dealings of investment funds in minerals.
Heiba also visited a number of factories in the free zone, agreeing on the organization of an Egyptian-Emirati business forum.
That is for attracting VIVO Communication Technology Co. Ltd. to operate in Egypt.
The volume of British investments in Egypt reached $20 billion, with more than 1,500 companies operating in various sectors, UK Ambassador to Egypt Gareth Bailey said.
The size of Samsung's current investments in Egypt amounts to $500 million, with sales worth $1.3 billion.
FRA gave its approval to Evolve Azimut to launch the first gold investment fund in Egypt, it will be run by Azimut Egypt, while Catalyst Partners will be in charge of pricing the fund’s investment document.
The Sovereign Fund of Egypt (TSFE) prequalified 17 consortia to be invited to the tendering process of the development of a number of seawater desalination plants powered by renewable energy in different locations across Egypt.
The total portfolio of Japanese grants and loans amounted to about $3 billion to implement more than 18 projects, consistent with the goals of sustainable development and the government plan 2030, on top of which are the "first phase of the fourth metro line" project, linking between the "Grand Egyptian Museum" and the "University".
The total portfolio of Japanese grants and loans amounted to about $3 billion to implement more than 18 projects, consistent with the goals of sustainable development and the government plan 2030, on top of which are the "first phase of the fourth metro line" project, linking between the "Grand Egyptian Museum" and the "University".
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