Latest in Tag: investments Highlight
Latest in Tag: investments

Al-Shobokshi, Al-Sharbatli inject new investments worth $2.15bn in EgyptÂ
Minister of Investment and International Cooperation Sahar Nasr announced that she agreed with Saudi businesspeople Fahd Al-Shobokshi and Abdul Rahman Al-Sharbatli to inject new investments in Egypt worth $2.15bn. During the meeting, they discussed increasing their investments in Egypt, as the group’s current investments is about $3bn. The meeting saw the discussion of the investors’ intentions …

Startups in Middle East need investments worth $50m in 2017
16% of the startups in the financial technology sector are from Egypt

Foreigners’ investments in Egyptian treasury bills increase by EGP 43.5bn in May 2017: CBE
Foreign debt jumps $73.9bn by the end of March 2017, equivalent to 41.2% of GDP

NI Capital, Ayady, Post for Investments launch EGP 50m micro-finance fund
NI Capital, the investment arm of the National Investment Bank, Ayady for Investment and Development, and Post for Investments have joined forces to establish Tamweely for Microfinance with an issued capital of EGP 50m and an authorised capital of EGP 500m, according to a press release on Tuesday. According to the statement, Tamweely for Microfinance …

Egypt’s investments in education and health reach EGP 25bn in FY 2017/18Â
EGP 7.57bn is the targeted investments in health care programmesÂ

PepsiCo’s investments in Egypt worth $1bn past two years
Cultivating potatoes has saved EGP 80m, we are betting on investments in Egypt, says Shelbaya

Sahar Nasr discusses investments with Indian Sanmar
The minister also discusses increasing investments and education cooperation with the ambassador of Finland

Japan fully supports Egypt’s goals: PM Shinzo Abe
Parliament Speaker Abdul Aal and a delegation of Egyptian MPs met with the Japanese PM during their visit to Japan

Expectations differ about expected real estate fund investments
Saudi Arabia launches three real estate funds in six months, while Egypt launches its third fund in Q3

Investors welcome economic reforms in Egypt: CI Capital
CI Capital arranged one-on-one investor meetings for the Egyptian Finance Minister Amr El-Garhy in London on 26 April. Several meetings were held and attended by El-Garhy, alongside global fund managers who manage assets totalling $3.7tn. CI Capital stated that the positive outlook of investors on Egypt was strengthened by the economic reforms currently undertaken, illustrating the …

Naeem Holding to inject new investments worth EGP 4bn in 2017
Acquisition of a large company next month and establishment of direct investment fund during 2017, says Al-Far

Iwan Developments works on expanding projectsÂ
“The plan we’re working on is to expand to new areas yet maintain expansion in Sheikh Zayed and 6th of October City,” says Ashraf

Bombings of churches have no serious effect on investments in Egypt: ILO director
There will be a slight impact on investments in the coming period, says FEI deputy

US keen to inject more investments in Egypt: Nasr
Egypt prepares for a US investors delegation visit soon

Al Naeem to launch new investment funds worth EGP 1bn in 2017
The company has recently completed the obtainment of the licensing for the first real estate investment fund in the Egyptian market

Investments of 646bn targeted for FY 2017/18, 55% coming from private sector: El-Garhy
EGP 2.2bn of value-added tax revenue on cigarettes were allocated to health insurance

Nasr signs 7 cooperation agreements with Lebanon
Countries seek to share experiences in fields of SMEs, youth, environment, consumer protection, sports, and security

European institutions launch green investments programme in Egypt
The institutions taking part in launching the GEFF programme have announced their support to green investments in Egypt at a time of rising energy prices

Nasr heads Egyptian-Kazakh ministerial committee, signs cooperation protocol
Kazakhstan to support Egypt in negotiations to establish a free trade zone between Egypt and EAEU, establish joint projects

Germany pledges $500m to support Egyptian economy
The support will come in the form of grants and concessional funds: Reuters

Universal Group investments in Egyptian market at EGP 4bn
We plan to export to 12 new markets within the five upcoming years, says El Sayed

Ministry of Trade and Industry approves 226 new industrial projects with EGP 8bn investments
Positive indicators reflect ministry’s strategy to promote development until 2020: Kabil

Admasco Oil Field Services to establish a maintenance factory with investments of $10m
Shortage of hard cash hinders expansion, says El Noury

Too early to predict US foreign investments policy: Nafea
In spite of the harmony between Egyptian President Abdel Fattah Al-Sisi and US president Donald Trump, economic experts believe that it’s hard to guarantee bilateral relations are going to improve and that Trump’s good personal relation with Al-Sisi doesn’t mean economic relations will improve. According to Trump’s statements, which voice his putting America first to …

Foreigners’ investments in Egyptian treasury bills increased to EGP 10.2bn following pound’s flotation: Al-Nozihy
Banks acquired 76.4% of the total outstanding balances of bills by the end of November 2016

EGP 188bn in deposits, investments at Egypt Post in H1 of FY 2016/2017
The number of savings accounts increased from 23.1m in May 2016 to 24m in December 2016

Petroleum Ministry implements 11 development projects with investments of $17.5bn
The government is also speeding up gas expedition programmes

Algebra Ventures to pump investments into up to 25 local companies
Egypt has two advantages: the availability of talents and the market’s big size, says Assaad

Danish companies study investments in different sectors in Egypt: GAFI chairperson
We encourage Danish investors to invest in Egypt owing to its importance in the region, says Danish ambassador

Mawarid Technology intends to inject $100m in investments into EgyptÂ
The Emirati company targets to acquire entities that provide security solutions to the Egyptian market