Investments

24 int'l agreements signed by Oil Ministry during EGYPS 2020

Thu, 13 Feb 2020 - 02:34 GMT

Cooperation deals were signed with Chile, Somalia, Equatorial Guinea and the US Trade and Development Agency

Egypt seeks more cooperation with EU countries

Fri, 07 Feb 2020 - 01:04 GMT

The meeting aims at seeking more cooperation with EU to benefits from the Egyptian deals with a number of Arab and African countries.

Trade exchange bet. Egypt, Singapore reaches $1B

Wed, 05 Feb 2020 - 12:34 GMT

Singaporean investments in Egypt reached $500 million.

MM Group invests 50% in auto-sales company

Thu, 26 Dec 2019 - 09:31 GMT

The company added in a statement to the Egyptian Exchange (EGX) that the board of directors decided to open new branches to serve the company's activities.

Altmaier says Germany keen to boost investment in Egypt

Wed, 20 Nov 2019 - 07:01 GMT

Altmaier’s remarks came in a meeting with Egypt’s President Abdel Fattah El-Sisi.

American investments in Egypt hit $7.6B

Mon, 18 Nov 2019 - 12:38 GMT

"Through our relationship with Egypt, we support the private sector that can create jobs and achieve growth," Ian Stevesaid Monday.

EIB's investments in Egypt record €8.7 through 95 projects

Thu, 07 Nov 2019 - 03:57 GMT

Director Operations in Neighboring Countries at EIB said the bank's investments encompass fields of renewable energy, transportation, water, sanitation, and SMEs.

Egypt, Kuwait sign investment deals to fund Sinai projects

Mon, 21 Oct 2019 - 03:24 GMT

The deals were signed by Egypt's Minister of Investment and International Cooperation Sahar Nasr and Kuwait's Deputy Prime Minister Sheikh Sabah Al-Khaled.

Egyptian-Kuwaiti investments highlighted ahead of PM's visit to Cairo

Sun, 20 Oct 2019 - 09:46 GMT

Sheikh Jaber Al-Mubarak, will be accompanied, during his visit to Egypt, with a large delegation comprising a number of ministers, representatives of Kuwait Chamber of Commerce and Industry, and businessmen.

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.

LE 1.2B investments pumped in New Aswan since 2014: minister

Thu, 15 Aug 2019 - 09:46 GMT

The volume of investments injected into New Aswan city amounted to LE 1.2 billion during the period from 2014 till now, compared to EGP 750 million before that year, Housing Minister Assem el Gazzar said in a statement Wednesday.

Brilliance to invest $120 in reassembling cars in Egypt

Thu, 25 Jul 2019 - 08:50 GMT

The company will begin temporarily manufacturing on BMW assembly lines, which is the parent company of Brilliance, until a new plant is built.

Sisi urges working to reduce public debt, budget deficit

Mon, 15 Jul 2019 - 11:01 GMT

Sisi urged carrying out reforms in order to enhance confidence in the Egyptian economy.

Egypt's exports to US climb 25.7% in 2018: CAPMAS

Thu, 04 Jul 2019 - 05:50 GMT

Egypt's imports from the US reached $5.4 billion in 2018, marking a 39.6 percent rise, compared to $3.87 billion in 2017, according to the bulletin.

Madbouli, Razzaz start Jordanian-Egyptian Higher Committee meetings

Wed, 03 Jul 2019 - 10:05 GMT

The meetings of the committee are set to discuss the economic, trade and investment relations.

Andalusia Group to build 2 hospitals in Cairo, Giza

Tue, 02 Jul 2019 - 08:36 GMT

The new hospitals will be established with a total cost of LE 1 billion ($60.3 million).

LE1.3 billion investments pumped to poorest villages in 2019

Thu, 27 Jun 2019 - 02:15 GMT

It promised that investments in these underprivileged rural areas are to reach LE 6.4 billion in 2020.

Parl’t approves law granting residence to foreigners buying property

Mon, 10 Jun 2019 - 03:45 GMT

The applicants shall submit their forms online and pay $10,000 or its equivalence in Egyptian pound. Then, the unit shall consider the application within only 3 months.

Italian investments in Egypt reach $4B

Mon, 03 Jun 2019 - 03:25 GMT

These investments include infrastructure, gas, petroleum, financial services, logistics, chemicals, petrochemicals, new and renewable energy and ready-made garments.

UAE investments in Egypt hit $6.66B during 2018

Tue, 14 May 2019 - 01:31 GMT

Trade exchange between Egypt and the United Arab Emirates (UAE) recorded $3 billion during January to October 2018.

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