PM reviews report on OECD Investment Policy Review of Egypt

Fri, 03 Jul 2020 - 01:29 GMT

Egypt's economic growth recorded an increase of 5.5% in 2019, the highest in a decade.

PepsiCo expands in Egyptian market, seeks to expand in North Africa

Sun, 28 Jun 2020 - 03:41 GMT

The company's activities are focused on the manufacture and export of crackers and soft drinks.

Egypt backs investments expansion of local, int'l companies in Egyptian market: Min.

Wed, 24 Jun 2020 - 03:26 GMT

The meeting tackled the company's current and future investments in the Egyptian market.

Petroleum minister: 12 new investment agreements worth $1B

Sun, 21 Jun 2020 - 12:20 GMT

The agreements are to be referred to the parliament for further discussions on required legal measures pertaining to bringing them into action.

Allocations for health sector in 2020/2021 investment plan hit LE 93.5B: minister

Wed, 17 Jun 2020 - 01:42 GMT

This came in a report prepared by the Planning Ministry on the state’s approach to develop the health sector in the country amid the impact of the novel coronavirus crisis.

SCZone's CEO outlines plan to attract further investments

Thu, 11 Jun 2020 - 01:13 GMT

The infrastructure developed at the SCZone has indeed helped lure investments, but the matter requires more billions of pounds to complete the infrastructure, he said.

Planning minister: Performance of Egyptian economy one of the best amid virus crisis

Thu, 04 Jun 2020 - 11:08 GMT

This came in a report published by the Ministry of Planning to give analysis on the development of some indices related to the economic and social performance during the third quarter of the current fiscal year 2019/2020.

GAFI, Samsung probe investing $23M in Egypt

Mon, 01 Jun 2020 - 09:51 GMT

Samsung will open a new production line to manufacture computer monitors in August. It also plans to pump investments worth $84 million in the coming five years.

Angel investors examine exit options in Egypt after end of holding period

Mon, 25 May 2020 - 01:37 GMT

While the majority of start-ups need angel investments to grow, such investors have to be acquainted with exit options.

Gov't investments for administrative reform hit LE40B in 3 years: Min.

Thu, 21 May 2020 - 12:43 GMT

Saeed emphasized that women have a sustainable development agenda: Egypt's vision 2030 which has a large share of interest in order to enable it at all levels.

Egypt expects 30% decrease in investments if COVID-19 continues

Sun, 03 May 2020 - 03:23 GMT

She added that government investments are planned to increase 33 percent from LE 211 billion in 2019/2020 to LE 280.7 billion during the next fiscal year.

Egypt to direct LE 47 billion to Upper Egypt during 2020/21

Tue, 21 Apr 2020 - 07:25 GMT

She clarified that the directed amount increased 50 percent compared to 2019/2020 plan.

Egypt targets to investment LE 24B in higher education during 20/21

Tue, 21 Apr 2020 - 07:13 GMT

The increased investments allow expansion in the establishment of technological universities by establishing 6 new technological universities.

Finance Ministry: LE 10B additional gov't investments

Thu, 16 Apr 2020 - 12:44 GMT

The boost will contribute to creating new jobs, paying financial dues of contractors and upgrading services, he said.

Egypt’s gov’t investments to hike to LE280.7B in 2020/21: Min.

Wed, 01 Apr 2020 - 02:41 GMT

“Investments funded by the treasury are scheduled to increase to LE 230 billion, up from LE 140 billion, with an increase of 64 percent,” Hala el-Saeed stated.

Egypt raises investments in health sector by 69% in 20/21

Wed, 01 Apr 2020 - 02:39 GMT

The plan also includes the development of 79 hospitals and 294 primary care units in nine governorates.

Assar, GAFI's chairman discuss investment opportunities

Wed, 18 Mar 2020 - 02:17 GMT

The two sides discussed a number of projects, which the Military Production Ministry is currently studying in order to implement them in cooperation with several international companies.

PM reviews report on investment atmosphere in Egypt over past 2 months

Sun, 15 Mar 2020 - 02:29 GMT

The report expounded the accomplishments of the Investment Authority to improve the business atmosphere, including paying field visits to several governorates and meetings with investors, businessmen and representatives of banks.

Molla discusses with major int'l firms investment opportunities in mining sector

Thu, 05 Mar 2020 - 01:32 GMT

This came on the sidelines of the annual PDAC Convention, the world's premier international event for the minerals and mining industry, held in Toronto, Canada.

Molla: Egypt creates suitable climate to lure int'l investments in mining sector

Tue, 03 Mar 2020 - 01:12 GMT

Egypt works to create an investment-friendly climate and cope up with the international practices in the mining industry with an aim to turning the mining sector into a strong contributor to the country's national income.