Minister of investment

Africa 2019 promotes investment opportunities in continent: Min.

Tue, 19 Nov 2019 - 02:16 GMT

Nasr clarified that the forum will witness the announcement of development and investment agreements between development partners and the continent.

European Bank for Reconstruction and Development invests $5B in Egypt

Sun, 20 Oct 2019 - 12:40 GMT

The bank's investments in Egypt represent more than 50 percent of its investments in Africa, which are currently focused on Egypt, Tunisia and Morocco.

Nasr talks about ministry's strategy to increase local, foreign investments

Thu, 19 Sep 2019 - 02:16 GMT

The EEIC, also known as "Egypt Ventures", is a startup fund that invests in early-stage funds, incubators and venture capital funds and also invests directly in fast growing startups.

World Bank approves $500M fund for Egypt’s social safety nets

Thu, 04 Jul 2019 - 05:46 GMT

This step comes to ensure access to the most-needy families while building sustainable paths out of poverty.

Egyptian-American agreements hit $600M since 2014

Fri, 21 Jun 2019 - 10:20 GMT

The total US investments in Egypt by the end of December 2018 reached $22 billion," the statement said.

New Aswan Free Zone eyes fresh investments worth $2.3B

Thu, 09 May 2019 - 10:44 GMT

Given the green light during the last cabinet meeting, the New Aswan Free Zone is envisaged to create 15,000 job opportunities, she added.

Egypt, World Bank sign $200M agreement to support entrepreneurs, SMEs

Wed, 08 May 2019 - 09:28 GMT

The agreement was signed by Country Director for Egypt, Yemen and Djibouti at the world Bank Marina Wes and Minister of Investment Sahar Nasr in Aswan.

Nasr, WB president meet 30 women of micro-sized projects in Aswan

Mon, 06 May 2019 - 11:31 GMT

Nasr and World Bank President David Malpass met with 30 women who obtained loans for micro-sized projects in the Upper Egypt governorate of Aswan.

EGX attracts 0.04% foreign investment to Egypt in 2018

Tue, 23 Apr 2019 - 01:30 GMT

The Egyptian Exchange played a role in attracting foreign investments to Egypt by 0.04 percent despite the slowdown in the global economy during 2018, Nasr said.

Cypriot investments in Egypt record $400M

Mon, 22 Apr 2019 - 03:15 GMT

Cypriot Investments in Egypt recorded $400 million with the existence of 224 Cypriot companies working in fields of industry, tourism, service and energy.

WB okays project worth $200 mln to support SMEs in Egypt

Thu, 18 Apr 2019 - 03:43 GMT

The project is meant to increase the volume of credit to small and medium-sized enterprises (SMEs), for being a key source of economic growth.

Investment minister stresses importance of African integration

Tue, 16 Apr 2019 - 04:29 GMT

Egypt is always keen to consult and respond to changes in the global economy and the needs of the Egyptian people, Nasr said.

Egypt is moving forward to improve business environment: Min.

Tue, 16 Apr 2019 - 04:10 GMT

Egypt is moving forward with comprehensive institutional and legal reforms to improve the business environment, Minister of Investment Sahar Nasr told Bloomberg.

Egypt, UN discuss activating $1.2B strategic agreement

Tue, 16 Apr 2019 - 12:14 GMT

Egypt and the United Nations (UN) discussed supporting number of development projects and activating the framework strategic agreement between both entities till 2022, worth $1.2 billion.

World Bank is keen to intensify cooperation with Egypt

Mon, 15 Apr 2019 - 01:42 GMT

Deputy President of the World Bank Mokhtar Diop added that Egypt is a very important country in terms of the Bank's fields of operation.

Egypt, UK agree on boosting economic cooperation

Sun, 14 Apr 2019 - 12:28 GMT

The talks, which were held on the sidelines of World Bank (WB) Spring Meetings, taking place in Washington on April 9-14, were attended by minister Nasr's advisers.

ICD invests $230M in various sectors in Egypt

Sun, 14 Apr 2019 - 12:03 GMT

These investments included up to $75 million in the food industry and $75 million in the renewable energy in Benban Power Station.

Investment, housing ministers discuss infrastructure projects with WB official

Wed, 03 Apr 2019 - 11:22 GMT

WB had contributed to the first phase of a social housing project and the first phase of a sustainable sanitation program, each worth $500 million.

US investments in Egypt total $21.8B by end of 2018: Minister

Mon, 25 Mar 2019 - 02:48 GMT

Some American companies increased their businesses and expanded in Egypt, pumping an additional $1 billion during the fiscal year 2017-2018.

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.