Latest in Tag: Investment Highlight
Latest in Tag: Investment
Sawiris to inject new investments in Egypt during three months
Nasr met with Sawiris and promised to resolve problems of investors and improve the business environment
Discussions with World Bank to provide simplified environment for investment: Nasr
We are developing a system to facilitate investment procedures, says Sahar Nasr
German-Turkish row hits trade and investment
The diplomatic spat between Turkey and Germany is spreading into the business world, with uncertainty over Turkish policies affecting trade and investment, says Volker Treier of DIHK trade lobby group.Deutsche Welle: What are you hearing from companies, how badly are they affected by this row? Volker Treier: There is more than just unease among German …
NUCA investments EGP 37bn in current FY: assistant Minister of Housing
40,000 workers and technicians are working on the New Administrative Capital project
FEP Capital intends to inject EGP 250m investments
Managed assets registered EGP 20m at the end of 2016, says Al-Shaheen
NI Capital intends to establish a direct investment fund in the second half of 2017
The company furthermore seeks to expand in direct investment
Egypt to participate in Barcelona exhibition to promote investment in Suez Canal area
Cooperation protocols with Spanish companies to be implemented within days, says Darwish
Al-Assar calls for African countries to invest in Egypt
The minister has received a number of African ambassadors to Egypt to discuss further cooperation
El-Raey invests EGP 10m in 2017
New investments are subject to exchange rate stabilisation, says Adly
Innoventures launches EGP 30m investment fund within next weeks
Innoventures aims to increase the fund’s capital to EGP 100-200m
Arab companies are seeking to invest in Egypt’s energy sector
Safwan allocated $2m for oil field testing, while Al Mousa is targeting sales of $35m during 2017
There are more than 50 Indian companies in Egypt: Indian ambassador
By the end of the last year, the Federation of Egyptian Industries paid a visit to India, which quickly responded by the Confederation of Indian Industry paying a visit to Egypt around two weeks ago.
UK seeks investments expansion in Egypt: ambassador
The UK’s investments in Egypt stand at $30bn
Government to develop comprehensive investment map through IT
The Ministry of Investment holds talks with the Ministry of Communications and Information Technology to develop a comprehensive investment plan through information technology (IT), according to a statement of the Ministry of Investment issued on Monday. Minister of Investment and International Cooperation Sahar Nasr and Minister of Communications and Information Technology Yasser Al-Qadi discussed on Sunday the mechanisms for implementing …
Diverse local and international exhibitors to unveil new projects at this year’s Cityscape Egypt
6th Cityscape Egypt gets ready to launch next month
Revenues of investment land sales in the administrative capital’s first phase at EGP 20bn: estimate
Average offering price is EGP 3,500 per metre, comparable to other similar areas and those close to the capital’s location, says Soliman
$1.12bn offered for investment in T-bills
CBE received 33 offers, accepted 29 worth $1.09bn, with an interest average of 3.62%
Three UK trade missions explore investment opportunities in Egypt
UK is committed to support economic growth and increase British investments, says Donaldson
EGX could attract falling Saudi investments, experts say
Saudi stock exchange has been witnessing huge losses for the second week respectively. According to a report issued by Al-Hayat news website, Tadawul—the stock market of Saudi Arabia—lost more than $3.5bn due to declining demand. The report added that the liquidity in the market declined by 18%, affecting the Tadawul All Share Index (TASI) negatively. …
Ministry of Investment opens one-stop shop in Sohag
Minister of Investment Dalia Khorshid opened a new one-stop shop for investment services in Sohag on Sunday with the presence of the Minister of Petroleum, Tarek El-Molla, and Sohag governor Ayman Abdel Moneim. The one-stop shop will serve all investment companies in Sohag and neighbouring cities Qena, Luxor, and Aswan. “It will offer company establishment …
Tourism industry prepares 5 investment opportunities for upcoming ATM exhibition in Dubai
Tourism Minister Yehia Rashed called on the Tourism Activation Authority to be prepared to take part in the Arabian Travel Market (ATM) exhibition in Dubai. The minster and ministry officials are to take part in the exhibition, according to an official at the ministry. The source said that the ministry will display and offer investment …
Turkish investors pledge double investments in 2017: FEDCOC secretary general
Turkish companies consider reviving projects stalled since 2011, says El-Wakeel
92% of offers on US dollar-denominated bonds came from investment funds or banks: Kojak
High demand on US dollar-denominated bonds caused rise in issuance value, says Minister of Finance
We aim to reduce government investment as a share of GDP: El-Araby
Minister of Planning Ashraf El-Araby said that the government aims to reduce government investment as a share of the gross domestic product (GDP) within its plan to control government spending and tackle the budget deficit. The government’s investment allocations amounts to EGP 150bn (equivalent to 4.4% of GDP) in the budget of the current fiscal year (FY), compared …
2017 is the year to rectify the Egyptian economy, bank investment opportunities abound: Fahmy
Banks to look for alternative financing opportunities as state reduces dependence on budget deficit financing in 2017, says Fahmy
New year to witness real beginning for attracting foreign investments, allowing banks to finance national, investment projects: El Zahid
Sectors of transportation, logistics, construction, industry, food, and basic commodities top indsutries the bank plans to finance in 2017
Banks offer investments worth EGP 91bn in CBE’s deposit operation on Tuesday
Banks operating in the domestic market offered investments worth EGP 91bn of surplus liquidity in local currency via deposit operations, which was deposited by the Central Bank of Egypt (CBE) on Tuesday, according to data obtained by Daily News Egypt. The CBE accepted EGP 75bn of the investments it was offered at an interest rate …
DP World considers establishing dry port near Cairo, expanding investments in Egypt
Egypt’s exports to UAE increased by 224% in 2016
Economic reforms to give Egypt an investment lift
Experts at next year’s Cityscape Egypt Business Breakfast set to weigh in on the impact of recent economic changes to the country’s real estate sector
Careem becomes MENA’s second unicorn, raises $350m
Ride-hailing app Careem announced closing an initial investment round of $350m, as part of a $500m funding round. The investment of $350m was co-led by Japan’s Rakuten Inc. and telecom operator Saudi Telecom Company (STC). Up until now, investors in Careem include Abraaj Group, Al Tayyar Group, Beco Capital, El Sewedy Investments, Endure Capital, …