Latest in Tag: Investment Highlight
Latest in Tag: Investment

Prime Holding offers to acquire 100% of Pharos Securities, investment banking, bookkeeping arms
The proposed acquisition aims to increase the market share of Prime Holding in the Egyptian market to compensate for the low transaction values in the Egyptian market, Prime Holding Vice Chairperson, Mohamed Maher, told Daily News Egypt

Germany provides €400m to support technical education in Egypt
Regarding the visits of German business delegations to Egypt, the ambassador commented that many small, medium, and big business delegations are interested in investing in Egypt.

Egypt’s governmental delegation visits Germany to discuss attracting investments
Delegation includes approximately 40 Egyptian companies in various fields

55 Russian companies express their desire to invest in SCZone
Trade exchange between Egypt, Russia hits $7.66bn in 2018

Real estate council submits proposal to meet challenges of real estate investment
The proposals would help to coordinate between the four entities in order to find innovative solutions to some of the problems affecting the growth of real estate investment in Egypt.

Suez Canal Bank aims to focus on investment banking services, non-bank financial services
Bank achieved 12% increase in net profit in Q1 of 2019, rise in financial position to EGP 49.3bn: Refaey

Daily News Egypt reveals Youth, Sports Ministry’s 2019 investment plan
Ministry allocated EGP 425m for 16 projects, EGP 2bn to develop stadiums in New Capital to be completed in June

More measures to be done to make Egypt attractive private investment destination: IMF
FDIs likely to record $9.5bn in FY 2018/19

Palm Hills targets 25% investment increase in 2019
Company plans to begin implementation of Badya in 2Q19

New investments of EGP 6.3bn injected in Egypt during February: MIIC
Last month witnessed opening 2,059 firms, expansion of 113 others

Egypt is keen to remove any obstacles hindering investors: Moeit
Egyptian-Korean cooperation in railways, water treatment fields

Japanese automotive companies, Egypt discuss new investment incentives
Nissan, Toyota assembling cars, manufacturing parts, says Japanese ambassador

Lazard to promote Egypt’s investment opportunities
Prime Minister, Minister of Investment sign agreement with global asset management company to attract large investments

Foreign partners’ investment in 2019/20 scores $10bn
Dues owned to foreign companies will be fully paid this year, says petroleum minister

2018 record year for MENA startup investment, UAE, Egypt top destination with 30%, 22%: MAGNiTT
The Middle East and North Africa (MENA) startup ecosystem witnessed a record year in terms of investment growth in MENA-based startups in 2018, recording 31% increase in funding from 2017, according to a recent report issued by MAGNiTT. According to the report, a record number of deals, with $893m was invested across 366 deals in …

Government appoints McKinsey & Company to promote investment in Egypt
Company will start work next month, government considering hiring another international company for research purposes: sources

GAFI’s board discusses establishment of 19 new investment free zones
Automation of work procedures in free zones to be generalised, says Nasr

Lebanon’s M1 Group willing to invest in Egypt
Group leading investment firm in services, industry, ICT sectors, says MIIC

25 major companies share their successful investment experiences in Egypt
Qalaa Holdings Group, Al Rajhi, LG Electronics, Egyptians Steel Group elaborate on their investments’ updates

Beginner’s guide to investing in gold
If you are new to the gold market, then it may at first seem difficult to get your head around investing in gold, so here is a handy beginner’s guide to help you get started.

Backlog of investment in German municipalities hits record high
While investment in German municipal infrastructure has been on the rise, it’s not keeping up with growing demand. Schools are hit particularly hard by the resulting backlog, a fresh study has shown.Researchers from Germany’s state-owned KfW development bank said Wednesday that the backlog of investment in the country’s municipalities had reached a new high of …

MIIC, MCIT sign protocol to promote Egypt’s regional position in entrepreneurship, investment
Agreement includes promotion of investment in field of entrepreneurship, establishment of investment zones for emerging companies

Sports law defines rules of investment in clubs
Clubs have right to develop resources, sports investment, intellectual property, and public performance of matches

4.1% decrease in number of foreigners working in private, investment sectors in Egypt in 2017: CAPMAS
The Central Agency for Public Mobilisation and Statistics (CAPMAS) revealed on Monday in its annual bulletin on the foreigners working in the private and investment sectors in Egypt in 2017 that the number of foreigners working in the private and investment sectors reached 13,469 foreigners of different nationalities in 2017, compared to 14,045 foreigners in …

Egypt, France sign MoU for investment cooperation
AFD agrees to provide €60m in funding for social protection, in addition to €2m technical support grant

Nasr’s international cooperation, investment ministerial mandate witnessed remarkable activity
New investment law, boosting international agreements her main accomplishments

Global foreign investment slows as returns decline
Global foreign direct investment (FDI) fell by almost a quarter last year, as returns for investors declined, slowing also growth in production, a United Nations report says. Prospects for a pick-up look muted at best.Globally active investors spent 23 percent less in 2017, causing the total sum of money earmarked for FDI to decline from …

For first time, Egypt achieves investment rate over 46%: Al-Saeed
Investment rate in planning across different governorates is 80%, says minister of planning

French delegation to visit Egypt seeking investment opportunities next week
CCI International Normandie is organising with Business France a visit to Egypt for a delegation of French companies in the agriculture, health, environment, infrastructure, and oil and gas sectors. The delegation will visit Egypt from 22 to 24 April to discuss and study investment cooperation with Egyptian companies and small and medium enterprises (SMEs) and …

Greek delegation promotes investment opportunities in tourism, real estate
Total Greek investments in Egypt at €1.3bn