Latest in Tag: Ashraf Salman Highlight
Latest in Tag: Ashraf Salman

Ashraf Salman launches AUR Capital to invest EGP 22bn in 5 years
The new company will hunt for opportunities only in the Egyptian marketÂ

ARCO launches new signature project in North Coast
AUR Capital for Direct Investment will be launched during Ramadan, says chairperson and CEO

Ashraf Salman launches Aur Capital, targets EGP 21bn of investments over 5 years
Ashraf Salman, former minister of investment, has begun establishing Aur Capital Investment Company, targeting investments of EGP 21bn over five years. During the press conference held by Al Arabeya Co. for Real Estate Development (ARCO), Salman said that Aur Capital will invest in several sectors, including real estate, health, education, and food. The company will …

Government reduces its investment forecast for private sector to EGP 292bn for next FY
Investors are facing challenges and we are working to fix them, says investment minister

1 year after EEDC: What has been achieved?
Questions have been raised over the purported success of the conference, as following up on investment pledges havenât been announced periodically

Government formed committee to improve Egyptâs ranking in Doing Business Report: Salman
Four ministers met Saturday to discuss the business environment in Egypt, according to Minister of Investment

GAFI increases bank outlets at branches nationwide to speed up proceedings: Investment Minister
Steps taken to improve quality and efficiency of services by activating electronic link mechanism with stakeholders, says Salman

President demands swift reconstruction of public sector, maximising return
Administrative, financial, technical and operational restructuring programs for development of assets: Minister of Investment

Australian delegation to Egypt  to assess investment opportunities
Bilateral trade between Egypt and Australia in FY 2014/2015 recorded at $386m

50 most influential women in Egyptian economy honoured, including 5 bankers
The ceremony will be held under the auspices of Prime Minister Sherif Ismail and will take place in the presence of key CEOs of companies, public, and private organisations in Egypt, as well as key businessmen and diplomatic officials in Egypt.

$32bn of EEDC agreements contracted
$28bn worth of MoUs are yet to be converted into contracts

No decrease in income tax in Suez Canal Economic Zone investments: Salman
No studies to decrease the tax in the Suez Canal Zone were presented to the government

City Centre Almaza construction kicks off, Salman hastens completion
The armed forces undertook construction of the roads and bridges surrounding the shopping centre for EGP 35.5m

Egypt redraws investment zones to streamline administrative oversight
GAFI approved creating workshops which aim to achieve a number of missions and assignments

Real estate development key for growth: Investment minister
Infrastructure, transport, and tourism real estate investment projects account for large share of Matruh conference, says Salman

$4.3tn to fund sustainable development globally, Egypt will participate: Salman
Social insurances funds will work to increase their investments in EGX in upcoming period, says Ghada Wali

Partnership for Development Initiative conference to be launched in November
The conference will tackle the role of the leasing sector in lowering investments cost to begin infrastructure, industrial and agricultural projects

Government wants to increase private sector investment
Egypt is targeting to reach $10bn in FDI over current fiscal year

Egypt takes actions to trim budget deficit
Government is seeking loans, private sector investments, and to increase tax base to address budget gap

Egypt, World Bank sign MoU to improve investment environment
The MoU is part of Egypt’s efforts to benefit from the World Bankâs expertise in developing the investment environment.

Plan to exploit public companiesâ unused assets: Minister of Investment
The plan includes benefiting from all the assets, and selling unsold and slow-moving storage, according to Salman

Privatising education questioned after Investment Ministerâs statement
Salman says government is considering inviting private sector to invest in education by liberalising prices

Government to reach agreement regarding Cairo Capital: Salman
Master plan to be prepared by consultancies

El-Nasr Company plans to strengthen Egyptian products in Africa: Industry minister
The plan will take advantage of the 23 El-Nasr Company branches in 21 African and Arab countries to promote Egyptian products

Development of internal trade companies’ branches to raise returns: Investment Minister
149 out of 326 internal-trade company branches were developed with EGP 200m, says Salman

International conference to promote Suez Canal Development Axisâ final plan: Salman
Suez Authority and canal’s economic area will be merged by Prime Ministerâs decree

Investment Ministry receives 100 governorate projects for âUpper Egypt Developmentâ Conference
Assiut debuts Dry Bulk Port project with investments of $ 170m, Qena debuts cement plant with investment EGP 1bn
Chemical Industries Holding Company eyes EGP 4.3bn in investments in FY 2015/2016
Net profit of subsidiariesâ targeted activities is anticipated to reach EGP 1.7bn

Executive rule of law postponing EGX tax to be presented to Al-Sisi within days: Investment Minister
Decision to postpone EGX tax is necessary to deepen Egyptian market, which is still recovering, says Salman

EGX to play vital role boosting public revenues: Investment minister
The Egyptian Stock Exchange needs legislative and regulatory flexibility to attract more foreign investments for national mega projects, say experts