Latest in Tag: Investment Highlight
Latest in Tag: Investment
NATCO opens EGP 180m automotive facility
Automotive company celebrates 25th anniversary of partnership with Mercedes-Benz by opening largest sales, service and spare parts facility in Egypt
Beblawi heads delegation in UAE visit
High-level delegation will meet with UAE officials to discuss bilateral relations and aid package.
Economic stimulus plan includes EGP 16bn for investment
EGP 29.6bn package allocates 2.6bn for wages, 6bn for subsidies and 4bn for contractors and railroads
Ministerial decision to promote investments in river transportation sector
A world conference is being held to present investment opportunities this coming December.
Ministers of Finance, Planning and Investment develop economic road map
The Eastern Tobacco Company also announced that it was on the verge of completing the transfer of its factories to the 6th of October City at a cost of EGP 5.5bn.
What Security Investors Really Want
Highest among their concerns was not, as you might expect, the physical security situation.
Arab Moltaqa Investments company cash flow increases
The company, under its ownership of 50.76% of the Arab Engineering Industries company, is said to receive this amount through the representation of EGP 2.5 per share, which will lead to this cash flow increase.
Twitter IPO will be hot but with risks
This suggests a market value of some $15bn for the initial public offering (IPO), PrivCo says, using a “conservative” pricing at 30 times its annual revenue.
Sawiris interested in an Italian telecom investment
The Italian government preference might stand between Sawiris and Telecom Italia
El-Beblawi: Preparing the economic roadmap and strategic vision for the future
Prime Minister Hazem el-Beblawi seeks to boost ailing economy
Investors still worried post-3 July
The company described the environment for investment in Egypt as “challenging”.
Minister of Housing to set deadline for development projects
Those who miss deadlines could be charged with fines in order to ensure quick implementation
EU €5bn aid to Egypt stands yet stymied by limited economic reform
Moran said he considers economic growth and Egypt’s inability to attract new investment among one of the largest challenges facing the country’s new government.
Egypt’s banking sector is optimistic about change
Recent improvements seen in the stock market and decreases in the cost of insuring government debt have reflected positively on the feelings of those working and operating within the sector, who recently decided to decrease return rates on Treasury bonds by 1%
Re-investment in Africa a ‘high priority’: Housing Ministry
Malhab said he would work hard to support and encourage the opening up of African markets to Egyptian contracting companies, whether public or private, in particular the Arab Contractors company.
Sawiris: My family will pump billions of dollars worth of investments into Egypt following the 30 June uprising
Sawiris further said in a statement made to Reuters that Morsi sought to reign in and contain a number of Egypt’s leading businessmen and companies through the imposition of stringent new tax laws due to their position as members of the country’s opposition.
New investments in the first half of year total EGP 9bn
2204 new investment projects have been founded during the first half of 2012
A source from the General Authority for Investments says the amount of investments in the previous regimes was higher.
Investor optimism back in force
Retired investors return to stock market on optimism about the country’s economic future
Peace talks, but money speaks louder
Could new joint efforts between Palestinian and Israeli business leaders revitalize dialogue where previous initiatives have been unsuccessful?
Egypt negotiates end to international disputes
The government is currently engaged in international commercial and legal disputes
Foreign direct investment dries up
Investors report that it can take several weeks for legitimate transfers to be executed
‘Egypt possesses no economic vision’
Chairman of the Canadian Chamber of Commerce criticises Egypt’s lack of economic policy
Microsoft pumps $150m worth of new investments into Egypt
Move comes in support of support of small and medium enterprise
Inflation hikes to 8.1% in April on currency slide
Egypt’s Central Bank decided to keep overnight deposit and lending rates unchanged at 9.75% and 10.75%, respectfully
Investment minister: New chart for Egyptian investment to be launched soon
A new catalogue of investment opportunities across different sectors will be made available in the coming months
NSF condemns Suez Canal draft law
National Salvation Front raises five major concerns with proposed law regulating Suez Canal regional development
Qandil meets with Libyan prime minister
The two prime ministers discuss increasing Egyptian investment in Libya and improving border security
Egyptian government asks Turkey for help to revive economy
Discuss use of $1bn Turkish aid, two countries to develop an industrial zone in Egypt says prime minister during visit
Libya ‘grants Egypt $2 bn interest-free loan’
The loan is to be repaid within five years, with a three-year grace period
Qandil arrives in Doha
An Egyptian delegation led by Prime Minister Hesham Qandil arrives in Qatar on Tuesday evening to discuss eight new investment projects