Latest in Tag: investments Highlight
Latest in Tag: investments
Egypt’s economic gains highly susceptible to risk events
Implementation of VAT as replacement for current sales tax is the cornerstone of revenue-side reforms in Egypt, says Mathias Angonin
Australian delegation to Egypt to assess investment opportunities
Bilateral trade between Egypt and Australia in FY 2014/2015 recorded at $386m
Oil company investments worth $7bn for FY 2016/2017
Gas production to increase to 4.5bn cubic feet per day in 2016
Government and Maxim Holdings inaugurate EGP 14bn tourism project
Purported to be largest on Northern Coast, project will lie in Sidi Abd El Rahman district in Matruh on 2,230 acres
$400m investments expected for entrepreneurship sector in 2016
Capital is intelligent, said CEO of KI Angel venture capital fund Khaled Ismail, as it always goes to the opportunities that will achieve rapid growth. He added that in 2011, many entrepreneurs and creative thinkers emerged, and, in turn, capital began to be made available to pump investments in these companies. “Capital always turns up …
Siemens launches start-up collaboration activity with investments of €800m
Siemens monitors more than 9,000 wind and fossil fuelled turbines online, says Kaeser
New industrial area in Borg El-Arab under study
Investments in the area are expected to reach EGP 8.6bn
IFC obtains 20% stake in Sphinx Glass
Purchase aims to boost employment opportunities at the company, says IFC
Indian economy outpaces Chinese in second quarter
India’s economic growth picked up in the July-September period on rising manufacturing activity and higher investments. It is also the third quarter in a row that India’s economy has outpaced that of China. Gross domestic product (GDP) in the three months to the end of September rose to 7.4 from 7 percent in the previous …
Businessmen and the state: A confusing relationship
Several businessmen faced issues this year such as confiscating assets, freezing stocks and freezing bank accounts, causing a major drop in the stock market performance
€1.142bn offered investments in Egyptian treasury bills
The CBE accepted €732.2m out of this liquidity
70.5% of investments made in FY 2014/2015 were from private sector
A national leasing company can harm rather than support the leasing sector, says investment minister
DrBridge negotiates with investors to attract $10m
We took serious steps to expand in Jordanian market, says CEO
Pharmaoverseas to launch plant in Sudan with $500m investments
Pharmaoverseas ready to implement project’s infrastructure, says Chairman
Depreciating EGP postpones foreign investments
Foreign investors are sure that the Egyptian pound will be devalued further
NUCA invests EGP 4.7bn during Q1 of FY 2015/2016
NUCA’s budget in current fiscal year reached EGP 33.2bn
Investment loans for farmers register EGP 9bn in FY 2013/2014: CAPMAS
Loans increased by 24.2% when compared to FY 2012/2013
Tabarak Holding launches ‘Ninety Avenue’ at Cityscape
Daily News Egypt interviewed Tabarak Holding’s Chairman Ali El Shorbany to discuss the company’s latest projects and its participation in Cityscape Exhibition. What is the value of Tabark Holding’s targeted investments by the end of 2015? The company is planning to pump investments of EGP 2bn over the next year (2016), as we are willing …
Eni’s share value inches up after announcement of Egypt’s natural gas discovery
The value per share reached €15.2 after company’s CEO announced that he expected investments worth 6bn to $10bn for development of field
Market unaffected by confiscated Muslim Brotherhood assets: Economic expert
Assets of hundreds of Muslim Brotherhood members, NGOs and several companies have been confiscated since Morsi’s ouster
Banks can finance needed investments: CIB CFO
Suez Canal investment certificates caused a drop in liquidity in the market, Issa says
Egypt, China sign comprehensive strategic partnership
President Al-Sisi’s visit is aimed at strengthening economic cooperation between the two countries
Fujitsu targets 500 companies in various fields to provide its products
Only 10% of companies are using up-to-date document scanners in their business operations
China’s stocks rout evokes global slowdown fears
The more than 8% plunge in the Shanghai Stock Exchange on Monday, 24 August , is the biggest single-day loss Chinese stocks have seen since the peak of the global financial crisis in 2007
BAPETCo invests $415m in FY 2015/2016
Segment of investments will be allocated to implement projects aiming to increase oil and gas production
Saudi prince Al-Waleed eyes investment opportunities in Egypt
Court rejects case that claimed the invalidity of the Toshka contract
Egyptian Resorts Co achieves $ 21.4m net profits in H1 of 2015
The Egyptian Resorts Co achieved a profit in the first half (H1) of 2015, reporting net profits of EGP 167.5m ($21.4m) compared to EGP 21.3m ($2.7m) in losses in H1 of 2014. However, over the first quarter (Q1) of 2015, the company’s net profits reached EGP 3.2m, marking a 73.4% decline compared to the same …
New Suez Canal unlocks opportunities for Egypt and world: Misr Italia CEO
The project is a national development project, not just a shipping route, says Hany Elassal
New Suez Canal’s 8 important messages to the world on its inauguration: Arab Sudanese BankVP
Egypt’s ability to implement major projects in record time is the most prominent message of the canal digging
Direct investment funds currently target Suez Canal projects
Infrastructure and feeding industries, logistics services, technological application are among most prominent anticipated projects