Latest in Tag: economic summit Highlight
Latest in Tag: economic summit
30 South Korean officials, businessmen to attend Economic Summit
By Rana Yehia A delegation of 30 South Korean officials and businessmen will attend the Economic Summit in Sharm El-Sheikh, said Minister of Industry and Foreign Trade Mounir Fakhry Abdel Nour. The South Korean delegation will be headed by the Korean deputy Minister of Trade and Industry. Abdel Nour said the delegation’s participation confirms South …
Real Estate Registration project to be shared at Economic Summit: Eitesal
The Real Estate Registration project is scheduled to be put forward and will be implemented under the umbrella of the PPP.

Suez Canal is most important project in Economic Summit: SCA President
The canal projects are realistic and their requirements are available, affirms Mohab Mamish

Tourism ministry targets EGP 10bn from hotel projects in Economic Summit
Ministry is counting on the summit to push tourist investment in the upcoming phase

Saudi to invest EGP 1bn in real estate at Economic Summit: Madbouly
Number of real estate units being built annually estimated at 250,000 units, demand is estimated at 600,000 units
Italcementi to convert 2 facilities in 2015, to bring latest products to Egypt
Italcementi, the Suez Cement company’s Italian owner, will convert two new facilities in 2015, adding to two facilities converted in 2014, Italcementi Managing Director Bruno Carrè told Daily News Egypt. “We are investing some EGP 400m per year for four years,” Carrè said. “We have done one and we converted two plants and we have …

European delegations analyse projects during Economic Summit: Akram Tinawi
Dollar crisis will soon end during the next period, funding economic activities will be priority, says Director of Arab Banking Corporation

Transport ministry offers 6 projects in Egypt Economic Summit at $2.5bn
Ministry of Transportation targets $2.5bn of investments through six opportunities to be presented at Economic Summit
Piraeus Bank Egypt to focus on energy projects financing
Piraeus Bank in Egypt is targeting the financing of major projects during the Economic Summit this month. Naira Amin, Chief Executive and Managing Director of Piraeus Bank Egypt, said the bank is giving special attention to joint finance projects proposed by the Egyptian government in the summit. Amin added that financing will be led by …

27 Saudi chambers of commerce, 170 investors to attend Economic Summit: FEDCOC
Saudi Crown Prince Muqrin bin Abdullah and Saudi finance minister will attend the summit

Sharm El-Sheikh prepares for Economic Summit participants: Governor
Executive agencies in South Sinai work on services and decorating streets in Sharm El-Sheikh, in preparation for Summit

Emaar, Orascom Constructions listings approved days before Economic Summit
OCI is the first foreign company to list its shares in EGX due to the dual listing system in the form of shares rather than Egyptian certificates of deposit for approximately 20 years.
Government approves draft investment law improving business environment: Cabinet
The Cabinet agreed during its weekly meeting Wednesday, on the draft presidential decree regarding the draft investment law, according to a Cabinet statement. The statement added that the draft law includes a bundle of legislative amendments to stimulate investment in Egypt. “During the preparation of the law, there were communications with the civil society, the …

In Video: Giovanna Ceglie :- Economic Summit good step in attracting FDI
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Government limits collection of value of commodities, services to EGP: Cabinet
Prohibition does not apply to tourists in Egypt, said Cabinet spokesperson

Economic Summit: Egypt’s economy in dire straits
The touchstone here is what comes after the conference, especially in the nature of companies that can invest in a country like Egypt, one that is on the brink of a political explosion

Zayed Crystal Spark is 2nd real estate project to debut at Economic Summit
Zayed Crystal Spark will be built on area of 190 acres in a partnership between real estate developers and NUCA

Al-Sisi’s Saudi visit to revolve around Economic Summit: SEBA head
The president is set to discuss bilateral ties in Saudi Arabia
Arab Investment Bank plans Economic Summit participation
The Arab Investment Bank (AIB) is planning to participate in funding the proposed projects presented at March’s Economic Summit, board director Hany Seif El-Nasr announced on Thursday. Seif El-Nasr expects huge investor participation in the summit, adding that investors are waiting for the event to study projects, including the Suez Canal Axis Development. In the …

March Economic Summit promoted in London
Egyptian delegation, led by Ministers of Finance and Investment, heads to London

New investment law to be issued beginning of March: Investment minister
Any postponement of parliamentary elections would not affect Economic Summit, says trade minister
Economic Summit to set Egypt’s vision for investment climate: EJB
Investors relying on legislation reforms governing the investment climate during upcoming period

Farmers protest, calling on Al-Sisi to put local people over big profit
They accuse the government of evicting families and making international deals that harm local business

Egypt invites 100 Italian companies to Economic Summit: Abdel Nour
Government implemented financial, monetary reforms to restore global market confidence and reassure them about investing in Egypt, says Salman

Housing ministry proposes EGP 150bn project in Economic Summit
“October Oasis” will be built over 10,000 acres in southern 6th of October City

EGP7.5bn investments by SEBA in a Summit project
SEBA has obtained 250,000 acres in agricultural project, with each acre sold at EGP 30,000, says Darwish
Banque du Caire eyeing Economic Summit projects
State-owned Banque du Caire aims to finance several projects the government will present in the March Economic Summit, said the bank’s Vice-Chairman Mohamed Taha. Taha said his bank has a large liquidity enabling it to expand in funding national projects, noting the bank will attend the Summit, and will study all proposed projects. In late …

HOTAC develops Shepherd Hotel with EGP 320m via Ain Sokhna project income: Board Chairman
The development will occur using investments of up to EGP 320m, which will be gained through self-financing.

Hotel occupancies expected to increase in Sharm El-Sheikh in March
Percentage of Sharm El-Sheikh hotel occupancy currently approximately 40%, says Tourism Committee Chairman

Local alliance, banks negotiate to discuss financing of PPP projects
We are preparing to participate in the qualifying tender once it is launched, says Fayyad