Latest in Tag: investments Highlight
Latest in Tag: investments

Latest LED lighting innovations to provide new opportunities to policy makers: Philips Country Manager
Potential growth prospects provide a very positive outlook for the Egyptian market, says Abul Ghar

Investing in Suez Canal zone facilitated by law-sponsored advantages
In the Suez Canal zone, investors will be subject to 5% income tax, versus 10% – 20% outside the SEZONE

Strategic dialogue follows Egypt’s strategy to decentralise source of weapons: Researcher
US-Egypt strategic dialogue resumes six years after suspension

Sieren’s China: Ukraine is China’s breadbasket
After more than a year of sanctions against Russia, the Chinese have been increasing their investments in Ukraine. They’re having the last laugh, writes DW columnist Frank Sieren. More than a year has gone by since the European Union imposed sanctions against Russia. While Russia and the West have scarcely approached each other, Beijing has …

Private sector investments valued at EGP 461.8bn in past 3 years: EBA
Private sector has carried out 62.2% from implemented local investments over FY 2014/2015

Egypt targets EGP 37.8bn in infrastructure investments
State budget will provide EGP 25.5bn in funds for public investments

Egypt’s economy needs FDI push for its flat battery: British Ambassador
British investors demand fair treatment from government, competition to be opened up in private sector, says Casson

15 projects worth $10m to be implemented with Chinese investments
Agreement includes five projects in electricity sector, six transportation projects and four Chinese direct investments projects
UK-sponsored Nomou Initiative to promote SME sector
Nomou, funded by the UK government, Shell Foundation and GroFin, provides technical and business support to entrepreneurs

Presidential decrees see economic landscape’s alteration
Some controversial decisions are still awaiting final cabinet approval to be sent to presidency for ratification

Workers in Al-Sisi’s Egypt’s: Muted by promises of ‘development’
The study stated that Egypt’s investment regime does not place legal restrictions on foreign investors regarding the transfer of profits outside Egypt, nor does it stipulate that investors should reinvest parts of their profits in the country.

Steel industry investments of EGP 150bn face collapse: Gamal El-Garhy
Despite recently imposed protective duties on steel imports, 300,000 tons reached Egypt from Turkey and China

Egypt, Jordan 2014 trade exchange valued at $732m: International Cooperation Minister
Jordanian contributions in Egyptian investment companies spread over more than 1,430 companies, valued at $501.7m

Investments targeted using Google Maps
A new website launched on Saturday seeks to reopen closed facilities and attract skilled labour

Investment opportunities to be presented at Dubai’s AHIC: EGOTH Chairman
EGOTH recorded profits worth EGP 111m between July 2014 and March 2015, says Samir Hassan

Al- Sisi meets Spanish economy minister, businessmen
Officials discuss prospects of Spanish investment in Egypt, presidency says

Egypt yet to receive Arab deposits: CBE governor
Hisham Ramez’s comments to Reuters come in wake of reports alleging receipt of Kuwait’s $2bn in deposits

Foreign investments targeted for FY 2014/2015 range between $6-8bn
Minister of Investments says target may be lowered to $6bn

$4.3bn total investments of 20 Arab countries in Egypt since 2011: GAFI
Qatar top most investor in Egypt, providing approximately $1.3bn in contributions to 47 companies
‘Doing Business with Latin America’ conference launched
Sharm El-Sheikh Economic Summit showed how much Egypt can cooperate with Mexico and Latin American states: Fuentes

EGP 2bn investments in coming 2 years: Mohammed Abou El-Enein
Investments will include new project in Marsa Alam and shopping mall in Sheikh Zayed

Laws regulating real estate sector need more clarity: Capstone’s Sherif Raafat
Ex-chief of bourse heads real estate funds worth $250m

A butterfly effect could turn things upside down: Hala Shukrallah
Daily News Egypt spoke to Shukrallah about the future of politics in Egypt, and whether the rule of the military is serving democracy
Business leaders await definitive steps in economic transition
‘We are optimistic about economic reforms,’ leaders say
$23.5bn agreements signed in oil, gas, mining sector at Summit
Largest contribution in the sector made through BP

Summit’s 3rd day shows rise in renewable energy sector MoUs
Several Memorandum of Understandings (MoUs) were signed between international companies and the Ministry of Electricity regarding solar energy projects. MoUs were signed between Tharwa Investments and Electricity Holding Company to establish a coal-fired power plant with 6,000MW at a total value of $9.6bn. “We met 10 days ago, and now we are signing a MoU,” …

World Bank offers $400m to Egypt
International institution will work on increasing investments in infrastructure, projects that provide employment opportunities for youth

None of $142.2bn summit investments go to Suez Canal Axis
The housing, transportation, petroleum, tourism, and investments sectors won the largest of this amount, but no statement has been made regarding Suez Canal Axis investments.

Summit investments and agreements total $38.2bn: Salman
MoUs total $92bn, minister says

Domestic demand volume makes Egypt largest regional economy: Mehleb
Egypt has the potential to improve investment climate