Foreign Investment

French manufacturer Alstom announces EUR 300M to be invested in Egypt over the next 3 years

Sun, 16 Jul 2023 - 12:30 GMT

The two factories are said to produce electric and signaling systems and manufacturing parts for metro, highway rails, monorails, and railways. Their strategic location was chosen to facilitate trade in Alexandria

SCZone, China explore investment opportunities, highlights significant infrastructure investments

Mon, 10 Jul 2023 - 11:18 GMT

This meeting follows the recent signing of preliminary agreements between SCZone and Chinese companies for projects worth hundreds of millions of dollars during a roadshow in China

JBIC, Egypt explore cooperation in green fuels and renewable energy

Tue, 02 May 2023 - 11:28 GMT

Both parties signed a non-binding agreement to explore cooperation in renewable energy and green fuels including ammonia and hydrogen.

Egypt, Austria to hold business forum in April, bilateral trade up by 23% | TradeMin

Thu, 20 Apr 2023 - 12:55 GMT

Austrian investments in Egypt are across 173 projects in a wide range of sectors such as industry, services, tourism, construction, finance, agriculture, telecommunications, and information technology

Egypt's net foreign investment increased by 47% in 3 months

Wed, 18 Aug 2021 - 04:34 GMT

This came during a meeting with Mostafa Madbouly, the Egyptian Prime Minister; To review a number of the commission's work files, according to a press release.

Foreign investors make strong comeback with over $440M investments

Tue, 07 Jul 2020 - 09:54 GMT

This confidence was further buoyed by the positive outlooks issued by global credit rating agencies and international financial institutions, topped by the IMF.

Swiss foreign direct investment in Egypt records $1.6B

Mon, 25 Mar 2019 - 12:07 GMT

Swiss investments take place in fields of industry, energy, pharmaceuticals, financial services and food.

Foreign investment in Egyptian securities rises to $18.8 bln in Oct

Thu, 02 Nov 2017 - 08:38 GMT

Foreign investment in Egyptian securities rose to $18.8 billion in October, a year after the central bank floated the pound currency.

Foreign investment in Egyptian securities rises to $18B in September

Mon, 02 Oct 2017 - 01:06 GMT

Appetite for Egypt’s domestic debt has increased since the central bank floated the pound currency.

Foreign investments in debt record $15B since flotation: CBE

Wed, 13 Sep 2017 - 12:20 GMT

Egypt will extend $2.7 billion currency swap agreement with China.

Egypt's Suez Canal revenues rise to $447.1 mln in July

Tue, 22 Aug 2017 - 08:05 GMT

Egypt's Suez Canal revenues rose to $447.1 million in July from $427.2 million in June, the government said on Tuesday.

Egypt attracts $9.8B foreign investment in debt instruments

Sun, 02 Jul 2017 - 11:29 GMT

Egypt attracted $9.8 billion of foreign investment in domestic debt instruments in the 2016-2017 fiscal year compared to $1.1 billion.

Sisi to attend Visegrad Summit in Budapest

Sat, 03 Jun 2017 - 05:20 GMT

Egyptian President Abdel Fatah al-Sisi will visit the Hungarian capital of Budapest this month to attend the Visegrad Summit.

Cairo, WB discuss providing Egypt with 3rd $1B loan tranche

Wed, 24 May 2017 - 03:30 GMT

Minister of Investment Sahar Nasr discussed with World Bank (WB) Country Director for Egypt Asaad Alam providing Cairo with the third $1 billion.

New Investment Law issued in best form possible: Minister

Mon, 08 May 2017 - 01:22 GMT

Minister of Investment and International Cooperation Sahar Nasr expressed appreciation to Speaker of the House Ali Abdel Aal and other parliamentarians

Egypt, China agree to establish new textile factory

Sun, 07 May 2017 - 10:26 GMT

Egypt and China have agreed upon their cooperation to construct a textile factory which will shortly go into its production phase.

US investors arrive in Cairo after Sisi’s visit to Washington

Sun, 09 Apr 2017 - 05:25 GMT

A delegation of U.S. investors has arrived in Cairo, Minister of Investment and International Cooperation Sahar Nasr said.