Latest in Tag: Foreign Direct Investment Highlight
Latest in Tag: Foreign Direct Investment
Al-Sisi asserts Egypt’s keenness to attract FDI for renewable energy
Discussions with Belgian companies underway on cooperation to produce green hydrogen for power generation
2020 Egypt economy contracts 1.1%, but 6.1% recovery projected in 2021: ESCWA
COVID-19 caused losses of about $140bn for Arab region in 2020, says UN commission
Direct-order land allocation system likely to attract FDIs: Developers
New mechanism encourages companies to acquire new land in a safe, stable way away from land dealers, brokers, says developer
FDI rises to highest level since January 25 Revolution
Inflation eases to 29.7% in May, expected to remain high until Q4 2017
Egypt ranks top 5 in global FDI inflows in past 7 months: Financial Times
FDI to Egypt increased substantially, signaling that government policies to increase foreign investment may be working
EFSA made legislative amendments to attract major companies to insurance, financial leasing sectors: chairperson
The offering of public companies and the IMF loan are just tools, and their success does not mean that we are on the right path, says Samy
Ahead of G20 Summit, west abandons free market in face of Chinese threat
China’s increasing domination of large scale manufacturing drives western nations to put up trade walls with the world’s biggest market
Egypt drops 14 places to rank 55 in Country RepTrak index
Effective governance is considered the cornerstone of attracting foreign direct investment
The economic toll of the new age of terrorism
In the wake of the recent attack in Nice, the ongoing battle against Islamic State (IS) insurgency in Sinai and Sirte, and the feelings of shock, confusion, and uncertainty that ensue, we must raise the question: what is the real price of terrorism? The attack in Nice is the latest in a string …
Egypt seeks to boost foreign direct investment
The governmentâs drive to boost foreign capital flows has moved forward with the launch of a new foreign direct investment (FDI) council, although there is still room for further improvements. On 2July, President Abdel Fattah Al-Sisi announced he had accepted the governmentâs suggestion to establish a Higher Council for Investment, according to a press statement. …
$5.8bn in FDI recorded over first nine months of FY 2015/2016
The CBE said in a statement on Sunday that the net inflows to establish companies or increase capital of existing companies rose to $3.7bn from July 2015 to March 2016, compared to $2.8bn from July 2014 to March 2015.
Foreign direct investment growing, though unevenly
Foreign direct investment has increased worldwide to its highest level since the 2008 financial crisis. But the United Nations trade body, UNCTAD, warns that doesn’t necessarily translate to sustainable development.
Balance of Payments overall deficit rose to $ 3.4bn during six month of FY 2015/2016
Net inflows of foreign direct investment in Egypt rose from $ 2.6bn to $ 3.1bn, says CBE
Economists deem plan to attract $30bn in FDI by 2030 a âdifficult ventureâ
Serious institutional, administrative, and legislative reform required to raise foreign investment, entrance to operation, growth, says economic expert
Over 600 investors, policy makers to participate in Euromoney conference
Ashmore Group looks forward to investments in Egypt, says Middle East director at Euromoney Conference
Upward trend for Egyptâs economic indicators: Investment Minister
Egyptian government is aiming to achieve better results in upcoming three years, says Salman
Al-Sisi and his government’s resume highlights
The new canal will be established to increase the Suez Canalâs capacity to 97 passing ships per day, up from the current rate of 49 per day.
Summitâs first day cost EGP 100m, revenues approximately $16m: GAFI Chairman
52 countries participating in Economic Summit in Sharm El-Sheikh, UAE and US largest participating delegations
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:
FDI in oil and gas unaffected by Egyptâs instability
Political instability in Egypt and other Arab countries had negative effect on non-oil manufacturing activities
Government decreases final settlement for Al-Futtaim to EGP 214m: Sarie-Eldin
Settlement includes five-year extension for project execution and unconditional letters of guarantee for required amounts
Egypt and its FDI prospects
By Omar El-Shenety No doubt that Egypt has witnessed very rough years since the 25 January Revolution. The economy has been brought to its knees, and now faces stagnation. Growth has stopped at 2% since the revolution, and the government budget deficit scored record levels. Tourism and Foreign Direct Investment (FDI), key sources for foreign …
$6bn foreign direct investment in FY 2014/2015: Investment minister
Egyptâs total foreign direct investments for FY 2013/2014 measured $6bn, Investment Minister Ashraf Salman said on Tuesday. On the sidelines of the Euromoney conference, Salman said that Egypt is hoping to âtouch the $10bnâ mark during FY 2014/2015, and will reschedule debts to foreign partners operating in the petroleum sector. The move will restore their …
Goal is to pay attention to investors, not privatise: Investment minister
Government will pay 30% of total dues to foreign oil companies by year-end
Tourism minister denies offering Egyptian citizenship for sale to foreign investors
Hisham Zaazou says that if security, judicial and economic authorities approved the project, it can be sent to the cabinet for ratification
FDI records $2.8bn in first half of 2013/2014 fiscal year
Compared to $3bn foreign direct investment in 2012/2013, the FDI figure in the first half of the current fiscal year represents a positive economic outlook
FDI increases in Q3
Foreign direct investment in Q3 increased nearly fivefold over Q2, according to Central Bank of Egypt figures.
Egypt Africaâs second most attractive country for FDI
A report by Ernest & Young states Egypt receives about 10.5% of Africaâs foreign investment
Egyptâs rising private consumption lures Gulf investors
Investment groups pursue stakes in Egyptian supermarkets
Egypt âtoo big to failâ: Director of Actis in Egypt
Actis is an emerging markets investor with US$5.2 billion funds under management. Through the expertise of over 120 investment professionals on the ground in twelve countries, Actis identifies investment opportunities in three areas: private equity, infrastructure and real estate. Daily News spoke to Actisâs Director in Egypt about the current business environment in Egypt, the challenges as well as the solutions to reposition Egypt as an attractive investment destination.