Latest in Tag: Investment Highlight
Latest in Tag: Investment
Banks’ investments in T-bills increase to EGP 680.4bn at end-2017
Banks operating in the Egyptian market raised their investments by EGP 43.64bn in government treasury bills (T-bills) during December 2017 to reach EGP 680.406bn compared to EGP 636.766bn at the end of November 2017. According to a recent report by the Central Bank of Egypt (CBE), the volume of outstanding balances from treasury bonds in …
Egypt discusses with Romania enhancing joint trade, investment relations
Volume of trade exchange between two countries from January to November 2017 reached $617m
Innoventures seeks to establish investment fund with EGP 100m capital
Startup Reactor offers up to EGP 300,000 funding for emerging companies
70 Saudi investors to visit Cairo next week for investment opportunities
Egyptian-Saudi Business Council will resume meetings to follow up implementation of agreements signed by King Salman during visit to Cairo
700 local, foreign investors to take part in 3rd Egypt Investment Forum
Government will offer 100 investment opportunities at forum
Egypt stock market tops investment opportunities in 2018
Investors bullish on pharmaceutical, healthcare, consumer, bank stocks
English investment fund seeks to acquire Amoun Pharmaceutical for $600m
Canadian Valeant Pharmaceuticals International has sought exiting Amoun since 2011, sources say
Vernbro Global launches Downtown Delta project with total investment of EGP 6bn
Project is set to create 50,000 jobs, serve 42 million people
Egyptian investment opportunities, challenges
Development, creating jobs are solution for terrorism, says Elsewedy
Egypt’s Investments Gatekeeper
Sahar Nasr, Egypt’s Minister of Investment and International Cooperation, is a woman on a mission. Tasked with improving the investor confidence in an economy that is gradually but surely recovering, she is rebuilding Egypt’s framework to make it a top destination for investors in the Middle East and Africa. Sahar Nasr, Egypt’s minister of investment …
8.9% expected growth in investments in FY 18: FocusEconomics
The FocusEconomics Consensus Forecast expects total investments in Egypt to grow 8.9% in fiscal year (FY) 2017/2018, up 3.2% from last month’s estimates. The FocusEconomics report said that investments are expected to grow to 10.2% in FY 2019. The report noted that the recent investment and industrial licensing laws are likely to boost investment; consumer …
Select International Group targets 60% growth in 2018
Group to acquire three local companies in the technology sector with EGP 40m investment
African stock market booms, but challenges remain
Although starting from a low base, a recent IMF study shows that African markets have begun to help in financing
Gulf Capital considers investing $110m in Egypt within 2 years
Negotiations to buy a stake of Amiral Holdings Limited worth $30m: Cherif
Swiss Hero holds board meeting in Egypt to learn about available investment opportunities
Board members look at the company’s expansions in Qalyubia
Egypt arranges an international conference to present investment opportunities in the internal trade sector
Government seeks true partnership with the private sector to expand the base of wholesale and retail markets organization
Will Egyptian bonds remain attractive to foreign investors in a low interest rate environment?
Central Bank gets ready to abort its tightening cycle as inflation eases
IDA to establish industrial zone with CNY 5bn of investment
China finances 60% of the project that will be specialised in textile industries
Raya negotiates with mobile operators to allow installment services to their clients
Bassem Megahed, CEO of Raya Trading, a subsidiary of Raya Holding, said the company was negotiating with Telecom Egypt, the latest mobile operators in the Egyptian market and other mobile operators to discuss cooperation with them. He told Daily News Egypt that the company aims, through the negotiations, to provide instalment service for the four …
Finance minister meets with $280bn investment fund leaders to discuss further opportunities
Finance Minister Amr El-Garhy is scheduled to meet on Thursday with leading investment fund leaders with total assets under management of $280bn discuss with them further opportunities, according to a press release. El-Garhy, who is in Washington, D.C, will attend annual meetings of the IMF and the World Bank and will discuss Egypt’s latest macroeconomic developments …
GAFI agrees to establish 3 investment zones in Greater Cairo
The authority approved Majid Al Futtaim Properties to establish two investment zones in Mall of Egypt and City Centre Almaza Mall
Foreign trade delegations continue to explore investment opportunities in Egypt
French ambassador praises the Egyptian economic reform programme
UK trade delegation in Cairo to explore new investment opportunities
A large delegation of major US companies to discuss injecting new investments in Egypt
Economic reform programme was Al-Sisi’s bold decision to put Egypt back on global investment map: Abou El-Enein
There is great potential European demand on investment in Egypt; massive capital to flow in soon
US companies keen to increase investments in Egypt: Nasr
Cargill plans to inject investments worth $150m in Egypt
Egypt investment map to provide more than 600 opportunities in different governorates, says Sahar Nasr
The new investments raises 24% during the FY 2016/2017
Egypt growth improves as investment expands, says Focus Economics
Improved investor sentiment was evident by a surge in international reserves in July
Ministry of Environment offers international bid for investment in Valley of the Camels
The Ministry of Environment intends to put forward a global bid to invest in some areas in Valley of the Camels in the coming period. The ministry aims to boosts the number of visitors to 30,000 before the end of the year. Mohamed Ali, director general of the area, said that the ministry is currently …
GroFin MENA aims to increase investment in Egypt to EGP500M by end of 2018: investment director
$500m investments in Africa and MENA, with aim to grow to $700m by end of 2018
Tourism Ministry aims to boost investments to EGP 12.5bn in 2017/2018
ETA may offer land plots in EGP, others in USD, especially those with great tourist potential