Latest in Tag: investments Highlight
Latest in Tag: investments

Government determined to face challenges ahead: Mounir Abdel Nour
Abdel Nour said despite the difficult circumstances the economy is experiencing, the ministry is committed to realising success in order to reach social justice, stability and restore the confidence of local and foreign investors.

General Federation of Investors discusses investment obstacles with new ministers
The federation is set to meet the newly appointed ministers from the Ministry of Investment, Ministry of Industry and Foreign Trade, Ministry of Supply and Ministry of Housing, Utilities and Urban Development.

Obama the Africapitalist: Creating a private sector development model for the world to follow
By Tony O. Elumelu Last week was the first time, in my memory, that a US president came to Africa with investment at the top of his agenda and prioritised meeting with the continent’s business leaders, who are the true drivers of development. President Obama should be congratulated for his vision, and for providing the …

First the push, then the pull
Economies, like relationships, require a good feeling. The best relationships draw you in, and you really enjoy the happiness and value you get from them. Less good ones can drive you away, and while you get something out of them, you are not very drawn into them. Economies are kind of like that. Some pull …

Suez Cement managing director: Construction sector pick-up ‘critical’ to economy
Managing Director of Suez Cement Group, Bruno Carre spoke to Daily News Egypt about the company’s current projects and products

PM announces plans to develop Sinai
President Morsi approves EGP 4.4bn worth of investments in Sinai

Investment minister aims for 7% growth in two years
Following the revolution, the Egyptian economy registered lower growth rates compared to the pre-revolution average, recording 1.8% in the fiscal year of 2011-2012. The rate rose minimally to 2.2% in 2012-2013.

Investment minister proposes ‘treasury’ project
Hamed also announced his plans to hold talks with Central Bank of Egypt Governor Hisham Ramez to raise the fund portfolio of “Bidaya” to EGP 500m instead of EGP 130m, in order to finance small and medium sized enterprises.

Egypt Africa’s second most attractive country for FDI
A report by Ernest & Young states Egypt receives about 10.5% of Africa’s foreign investment

Qandil in ‘historic’ Iraq visit
‘The Iraqi market is open for Egyptian companies’, said Nouri Al-Maliki

$1bn Turkish investments in Egypt in 2013
The investments will target steel, energy, chemicals and tourism sectors
International bid for new electricity plant
2,000 megawatts lost over the last two days due to lack of natural gas
EBRD: investments in Egypt to reach €1.25bn by 2014/15
The meeting highlighted talks of potential strategies for economic reform and boosting European investments in Egypt