Latest in Tag: Investment Highlight
Latest in Tag: Investment

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

Beltone Capital to hold private stock issuance, construct $100m solar station
50 MW solar energy facility will be in cooperation with Total Egypt

Majid Al Futtaim expected to complete Mall of Egypt construction in 2015
Mall is expected to be officially opened in 2016

Pound value depreciation continues, dollar reaches EGP 7.34
Dollar’s value increases to EGP 7.38 at NBE and Banque Misr
85% of Saudi disputes in Egypt resolved: SEBA
Food oil firm Saffola, Jannat Agriculture Investment Company and Almarai will invest EGP 5bn in Egypt, says Darwish

Egypt reforms to gain confidence of international business community: PM
Egyptian delegation to visit Britain in June to follow-up on investment coordination between two countries, says El-Yazal

Al-Sisi launches Kuwaiti-Egyptian Relations Council
President pledges to solve Kuwaiti investors’ issues, reform legislations

CBE to double mortgage initiative to EGP 20bn by 2015: Minister of Housing
Real estate prices in Egypt will not decrease; solution is to increase income and we need 500,000 housing units annually, says real estate expert

Al-Sisi invites Chinese inventors to March Economic Summit
Al-Sisi said the Egyptian economy was in a “very difficult position” 16 month ago, with inflation reaching its highest rates, international agencies lowering the country’s credit ratings, and the fleeing of foreign investments.
EU supports Egypt with EGP 80m in tourism investments
EU is source of over 50% of foreign direct investment, constituting over 40% of total European direct investment per Mediterranean countries
Negotiations to resume with Russia to provide natural gas via Gazprom: Deputy Russian PM
Russia is preparing technology with the World Bank to implement the ‘one-stop shop’ investment window system
10,000 Sudanese acres ready for Egyptian farmers: Sudanese Investment Minister
Sudan is now adopting the open door policy for investments

Marble and granite shine in international building trade fair in Cairo
Egypt is the tenth largest natural stone quarry producer in the world and the second largest exporter of marble blocks

Doubts raised over Kellogg’s bid for BiscoMisr shares
Kellogg’s EGP 940m bid for 51% of company awaiting response from Financial Supervisory Authority

Banks to begin paying returns for Suez Canal certificates Sunday
The value of the first instalment is estimated to be approximately EGP 1.9m

Saudi company acquires controlling stake in professional network Jobzella
We are taking advantage of a new round of investment by expanding to the Gulf, says Batrawi

Future of real estate in Egypt a prominent theme in Abu Dhabi investor conference
Egypt is the largest real estate market in the region and its demographics suggest huge potential for growth

Dana Gas, Egyptian government negotiate agreement, with UAE support
‘Egypt’s economic stability is a must’: UAE Minister of State Sultan Al-Jaber
In Pictures: ‘Invest in Egypt 2014’ conference kicks off in Abu Dhabi
Photos by Federico Manfredi

Opportunities, challenges for investment in Egypt’s renewable energy sector
‘Invest in Egypt 2014’ conference kicks off in Abu Dhabi, amid speculation on the country’s potential for green energy

Sudan to invest in Damietta logistics project
This is the first official agreement for investment and cooperation in the logistics project signed with another country, says supply ministry

US business delegation meets President Al-Sisi
An American delegation will visit Egypt again in March 2015 to attend the economic summit
US delegation investigates investment climate, includes potential investors
Meeting held Saturday between American Chamber of Commerce members and Prime Minister to discuss arrangements for receiving American businessmen

US delegation to visit Cairo on Sunday to discuss investment opportunities
66 companies will spend 3 days in Egypt
10-15% growth targets in government sector: Al-Kharafi Group
Egypt consumes 75% of domestic production of the Arab Company for Computer Manufacturing, the remainder is exported, says Al-Kharafi Group marketing manager

Egypt is large and promising communications market: Dell
Dell Venue Tablet to be offered on the Egyptian market during the first quarter of 2015

Italy, Egypt cooperate in global logistics project
Global logistics centre to start in December, commercial and shopping area project to start soon
Egyptian consumer confidence inches up during Q3 2014
Egyptians are cautiously optimistic, says Nielsen regional managing director

Mehleb meets Saudi, Emirati ministers to prepare for Egypt economic summit
Government exerting “immense” efforts to establish standards for investors, accelerating licence issuance, enforcing contracts, and resolving disputes, says cabinet
Carbon Holdings negotiating $400m Emirati investment in Tahrir Petrochemical Complex
UAE may donate shares in the project to Egyptian government