Latest in Tag: EEDC Highlight
Latest in Tag: EEDC
Egypt unveils key projects, lures foreign investments
The project will cost $45bn, and will take between five to seven years to complete, Ministry of Housing Mostafa Madbouly said
$500m to be invested by PepsiCo in Egypt in 2015: GM
The new investment law is there, but we need the government to make it happen, says Ahmed El-Shaikh
Khalifa Fund activates development loan agreement to Egypt
A loan agreement between the Khalifa Fund for Enterprise Development, the Egyptian Ministry of International Cooperation and Social Fund for Development has been reintroduced, according to Khalifa Fund Chairman Hussain Jasim Al-Nowais. The agreement worth $200m was initially proposed in November 2014, to invest in Egyptian micro-project developments, following all the legal procedures in both …
Orders from Emir of Kuwait to immediately deposit $2bn at CBE: Kuwaiti Finance Minister
Kuwaiti Minister of Finance Anas Khalid Al-Saleh said that he received orders from the Emir of Kuwait, Sheikh Sabah Al-Ahmad Al-Jaber Al-Sabah, to immediately begin depositing $2bn at the Central Bank of Egypt (CBE). On the first day of the Economic Summit in Sharm El-Sheikh, the Emir announced that Kuwait will provide an aid package …
Egypt raises $19.3bn on Summit’s 1st day
Total announced deposits from several GCC countries in the CBE valued at $5.25bn
Housing Ministry signs $4bn South Marina development agreement
Ministry relies on marketing for various investment opportunities in the Summit
EFG Hermes quests success of Economic Summit
From project announcements to attendance, EFG Hermes Research offers insight into how to judge the government’s unprecedented bid to thrust Egypt back into the global investment spotlight.
Government announces $45bn Capital Cairo project
With land area of approximately 700sqkm, The Capital Cairo marks one of largest FDIs in Egypt’s infrastructure development
Egypt implements sustainable growth policies through investment law reforms: PM
Investment, tax laws issued in  last few days, which increase country’s attractiveness to foreign capital
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
Domestic demand volume makes Egypt largest regional economy: Mehleb
Egypt has the potential to improve investment climate
Siemens to invest in Egypt
The company will build traditional and wind power plants
Summit’s second day kicks off
New investments, Memorandum of Understandings and partnership agreements signed
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
Government taking right steps: EY partner
Companies & other entities here to execute, this is what makes this conference successful, says Ahmed El-Sayed
GE to invest $200m in Egypt: CEO
Investment will take place over three to five years, says Jeffrey Immelt
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
Real opportunities for growth in Egypt: Dcode EFC Report
Whereas in the Q3 of FY 2013/14, real GDP growth registered 2.5%, it jumped to 6.8% in Q1 of FY 2014/15
Egypt to present 30 investment projects worth $20bn at Economic Summit: Investment minister
Egypt will continue to develop despite the insistence of certain parties to cause devastation, says PM
General Authority for Industrial and Mining Projects to finish seven logistical areas in Q1 2015: Official
Authority aims to establish 13 industrial areas to achieve fair investments distribution between governorates during coming months
Egypt vulnerable to adverse global economic developments: IMF Mission Chief
Egyptian authorities design good macroeconomic and reforms programme ahead of March 2015 economic conference, says Jarvis
Funding pre-schooling has longer-lasting benefits
By Bjørn Lomborg As the United Nations is currently debating how to allocate about $2.5tr in development aid for the 2015-2030 period, education will most likely gain prominence. But do we fund early education or secondary school? In a paper commissioned by the Copenhagen Consensus Center, Economist George Psacharopoulos says the priority should be increasing …
Mehleb witnesses signing of pollution control funding agreement worth €70m: Cabinet
Project to provide technical and financial support to industrial facilities in line with environmental laws for pollution reduction
Economic Summit to be held from 13-15 March in Sharm El-Sheikh
Finance minister says deadline for parliamentary elections has not yet been determined and government steadily approaches completion of roadmap