Investments

Egypt’s Sisi, UAE FM discuss bilateral ties, regional issues

Sun, 26 Jun 2022 - 04:07 GMT

The Spokesman noted that the meeting discussed ways to foster closer bilateral relations at various levels, particularly at the economic level. The meeting also tackled increasing Emirati investments in several fields in Egypt, mainly in the sectors of energy, transport, ports and tourism.

Saudi investments in Egypt exceed $32B

Tue, 21 Jun 2022 - 11:39 GMT

The Egyptian investments in Saudi Arabia amount to $5 billion through more than 802 Egyptian companies.

30% of Hayah Karima investments directed to green projects

Mon, 13 Jun 2022 - 04:05 GMT

The canal lining project is one of the projects with economic and environmental returns that the state is implementing within the projects of a decent life at the level of Egyptian villages.

COP27 conf. to promote development investments in Egypt, says min.

Sun, 12 Jun 2022 - 03:38 GMT

"The government aims to attract $10 billion in foreign direct investments a year," he said, adding that the State Ownership Policy and the Golden License will empower the private sector to raise its contribution rate to 50 percent of the GDP within three years.

COP27 conf. to promote development investments in Egypt, says min.

Sun, 12 Jun 2022 - 03:34 GMT

"The government aims to attract $10 billion in foreign direct investments a year," he said, adding that the State Ownership Policy and the Golden License will empower the private sector to raise its contribution rate to 50 percent of the GDP within three years.

Egypt invests LE 6T in infrastructure within 6 years: Planning Min.

Thu, 02 Jun 2022 - 05:54 GMT

El-said emphasized Wednesday the importance of cooperation and making way for the private sector.

Egypt aims to increase environmentally friendly projects to 50% of public investments

Sun, 29 May 2022 - 04:42 GMT

He stressed that this will contribute to opening new horizons for development partnership with the private sector, which will help move the wheel of the economy and create more job opportunities.

Egypt's Sovereign Fund: 21 projects in 6 sectors under study for investment in 2022

Tue, 24 May 2022 - 02:55 GMT

This statement came during the statements of the Fund’s Executive Director Ayman Soliman in a meeting with the Prime Minister Mostafa Madbouli in the presence of the Planning Minister Hala El-Said and other officials.

Egyptian government aims to invest about LE376.4B during 2022/2023

Mon, 09 May 2022 - 01:14 GMT

The Egyptian government aims to increase the value of investments financed by the public treasury during the next fiscal year 2022/2023 by 9.6 percent, on an annual basis.

Solar power plant with investments worth LE700M to operate in Q3 of 2022

Mon, 09 May 2022 - 12:36 GMT

The implementation of a solar cell plant in Zafarana area to produce electricity with a capacity of 50 MW is underway, according to the New and Renewable Energy Authority.

Planning Ministry: General investments in Giza governorate amount to LE 66.05B in FY 2021/2022

Thu, 14 Apr 2022 - 12:39 GMT

This came as the ministry reviewed the investment citizen plan in Giza governorate of the fiscal year 2021-22 after launching the citizen plan for the third year in row.

Edita Egypt aims to inject LE 1B in investments within 3 years

Sun, 10 Apr 2022 - 02:28 GMT

The company said in a filing to the Egyptian Stock Exchange (EGX), Sunday, that these investments are aimed at expanding the company's operational operations.

Edita- Egypt aims to increase its investments in Morocco by $17.5M

Tue, 05 Apr 2022 - 03:06 GMT

Edita Food Industries - Morocco plans to increase its investments in Morocco by 170 million Moroccan dirhams (equivalent to $17.5 million).

Infographic: FinTech Investments in Egypt surge 300% during 2021

Tue, 05 Apr 2022 - 01:09 GMT

Additionally, the report exhibited the extensive progress in the FinTech industry, starting with only 2 startups in 2014 to a total of 112 Egyptian FinTech and FinTech-enabled startups by 2021, with a strong uptrend of 55 times, and positioning Egypt among the top 4 active African countries in the FinTech Industry.

Malta, Egypt, France and Spain sovereign funds establish collaboration network to disclose investment opportunities

Thu, 31 Mar 2022 - 04:47 GMT

The company added in a statement, Thursday, that the Spanish Development Finance Corporation has signed a memorandum of understanding with the three parties with the intention of becoming a member of the Foundation for Sovereign Wealth Funds in Europe, the Middle East and North Africa (EMENA).

PM reviews measures to stimulate bourse, lure foreign investments

Thu, 31 Mar 2022 - 04:14 GMT

The premier added that President Sisi instructed the government to swiftly finalize the state ownership policy, which would enable the private sector to make investment decisions based on a better understanding of the state-owned enterprises’ weight in their respective sectors, the spokesman added.

Egypt to take quick measures to attract $10B Saudi investments

Wed, 30 Mar 2022 - 03:51 GMT

Madbouli stated that the agreement on investment by the Saudi Public Investment Fund in the Arab Republic of Egypt regulates the fund's investment procedures in the state, within the framework of the two countries' desire to strengthen economic ties and ties between them.

ITIDA head: IT sector plays key role in attracting French investments

Thu, 24 Mar 2022 - 04:31 GMT

Mahfouz made the remarks during his meeting on Thursday with a French delegation led by Regis Monfront, head of the French side in the Egyptian-French Business Council and member of the Movement of the Enterprises of France (MEDEF).

PM: French investments hit 4 billion euros in Egypt

Mon, 21 Mar 2022 - 05:01 GMT

A number of ministers and senior officials were present at the event, in which nearly 50 Egyptian and French companies participate.

Gamea invites German companies to invest in Egypt

Mon, 21 Mar 2022 - 11:49 GMT

The delegation is now visiting Egypt to hold meetings with senior Egyptian officials to probe the future of joint economic cooperation between the two countries and the development of German investments in the Egyptian market as well as a number of files of mutual interest.

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