Latest in Tag: economic summit Highlight
Latest in Tag: economic summit

Al-Sisi inaugurates Economic Summit, calling for investments
Summit is foundation for economic growth, the president says

EGP 2.5bn to be injected in logistics, energy, transport, agriculture: Naguib Sawiris
I will not take part in proposed projects, and I don’t like partnerships with the government, top businessman says

Coca-Cola reveals $500m investment plan in Egypt
New Coca-Cola investment expands Egyptian community programmes focused on women, youth empowerment, well-being and rural development

Siemens to invest in Egypt
The company will build traditional and wind power plants

Summit important to prove GCC remains committed to Egypt: Expert
It is important for Gulf countries to keep good relations with the Egyptian government due to the “great threat” it can impose to GCC, says ECFR fellow Andrew Hammond

IBM awaits summit to complete vision on projects to invest in
IBM continues to support key sectors of the national economy through and to engage with stakeholders in all sectors to advance social, economic, scientific development, says GM

Turkey absent from Economic Summit after strained diplomacy with Egypt
Relations between Egypt and Turkey had witnessed a minor improvement following the partial reconciliation between Qatar and Egypt

US complex relations with Egypt may improve following Economic Summit
The US partnership thrived under toppled president Hosni Mubarak’s reign

Ministry of Communications presents 3 projects at EGP 31bn at summit: Minister
Ministry is relying on attracting offers for three projects, which will be proposed for the investors within three days through the summit

Egypt predicted to be among major G-20 economies: The District CEO
I aim to bridge the understanding and the inclusion of small and medium enterprises [SMEs] in the Egyptian market:

Saudi Arabia, Kuwait, UAE pledge $12bn to Egypt, Oman contributes $500m in Economic Summit
Gulf countries renew their support for Egypt

Motivational economic reforms, legislations insufficient: Officials
The government considers with economic decisions and actions serve the foreign investor only, without considering the local investor, Holding Company for Spinning and Weaving member

Mubarak-era steel tycoon was not invited to summit: Lawyer
Ahmed Ezz stands trial in a number of cases that are still before courts

There will never be a perfect timing for summit: Former Finance Minister
Government was sluggish in launching new investment law, investors were not given enough time to do their homework, says former Finance Minister Samir Radwan

Al-Sisi greets Arab leaders in Sharm El-Sheikh airport
Arab leaders express support for Egypt’s efforts, statement says

Minor explosions rock Maadi
Five bombs explode in Cairo’s Maadi neighbourhood, residents say

Government taking right steps: EY partner
Companies & other entities here to execute, this is what makes this conference successful, says Ahmed El-Sayed

AfDB dedicates lending programme to Egypt worth $300m-$450m
AfDB is planning to provide new grants to the tune of $16m in 2015 including support for the Economic Summit

GE to invest $200m in Egypt: CEO
Investment will take place over three to five years, says Jeffrey Immelt

Transportation Ministry targets $4bn investments at Economic Summit
Proposed projects part of comprehensive development aim to apply multimodal transport, says Dahi
Transport Ministry proposes $13.5bn investment projects in next 5 years: Minister advisor
Ministry’s projects will be proposed at Economic Summit with tenders worth $2.5b

Egyptian market tops strategic markets in the African and Arab region: Aramex Founder
Laws must be enacted to eliminate bureaucracy, provide facilities to investors, says Ghandour
Turkey, Qatar economic interests looking to resolve political dispute with Egypt
Ankara and Doha awaiting resolution of political disputes to compete for Egyptian investment opportunities at Economic Summit

Solar energy best investment in Egypt: HECSOLAR Chairman
The best investment opportunities in Egypt are in solar energy, Wang Weiting, Chairman of High Equal Circle Solar Technology Co. Ltd. (HECSOLAR) told Daily News Egypt Thursday Evening. Sending a message to President Abdel Fattah Al-Sisi and the Egyptian people, Weiting said on the sidelines of the Economic Summit in Sharm El-Shaikh, that he is …

UK number 1 foreign investor in Egypt: Embassy spokesperson
BG invested 14bn in Egypt, says company’s Egypt President Arshad Sufi
Various sector agreements could be signed during summit: Italian official
Twenty-five to 30 Italian companies from several sectors are participating in Egypt’s Economic Summit, Massimiliano Fachini, a member of the Italian delegation, confirmed to the Daily News Egypt. He added that the sectors represented include energy, electricity, manufacturing, cement, construction, finance and services, in statements on the sidelines of the summit in Sharm El-Shaikh. Discussions …
Government’s clear vision, genuine desire for equality encouraging: Allianz SE adviser
Investors care for economic growth only; “obsession” over debt, value of pound, or IMF is misplaced, says El-Erian

Egypt’s investments threatened by security situation: Security Experts
A shift from security targets to telecommunication branches, banks and electricity units has been witnessed recently

Mehleb blames ‘mobs’ over butane gas crisis ahead of Economic Summit
LPG cylinder shortage has been increasing since beginning of 2015

Income tax unified at maximum 22.5%: Finance minister
The minister unifies income tax for 10 years days before economic summit