Latest in Tag: investments Highlight
Latest in Tag: investments
6 key laws are to ease business in Egypt: Ministerial advisor
Reforms are being applied to current industrial and investment laws to set up framework for projects to be revealed in the economic summit

HSBC Group believes in long-term future of Egypt: Commercial banking head
Bank remains committed to business growth in Egypt, despite tough economic circumstances
Government needs to reduce bureaucracy to lower costs, increase productivity: Investments head
El-Hatow: Real estate is king and energy requires a special kind of investor

Al-Mazroui Group aims supply of investments in health, housing, and Suez Canal
Al-Mazroui stressed that the situation has now settled in Egypt, but that investment regulation laws are not yet in place

Comprehensive review of economic activity legislation to be presented to Legislative Reform Committee
Trade, mineral wealth, and investment guarantees, incentives, and sanctions laws are under review, says investment minister
Egypt suffers from legislative chaos, lack of legal reforms: Saudi businessmen
Saudi investors say political turmoil in Egypt has had negative effect on investment climate, signs of stability will attract more Arab investments
Saudi Arabian firm investing in Suez Canal targets EGP 300bn in capital: Sheikh Kamel
Egyptian government looks to solve problems with Saudi investors

âOur investments in Egypt are continuous and will not stopâ: PepsiCo chairman
PepsiCo has injected $600m into Egypt over the past three years, of which $270m were supplied last year, and hopes that its investments will expand in the near future

Disney in Egypt important message to attract investors: Investment minister
Presence of Disney live shows in Egypt is important message for investors that Egypt is safe and stable, says Salman

Emirati company offers to manage investments in Egyptâs logistics project
International consulting firm requests to participate in the project through establishing railway lines over 600km, supply minister says
Egypt, UAE MoU increases free zones cooperation: GAFI Chairman
Cooperation to include organising investment and free zones conferences and UAE-Egyptian economic meetings
Government decreases final settlement for Al-Futtaim to EGP 214m: Sarie-Eldin
Settlement includes five-year extension for project execution and unconditional letters of guarantee for required amounts

Encouraging signs for Egyptâs economy
By Oxford Business Group After years of uncertainty and turbulence, Egyptâs economy is beginning to show some signs of recovery, with a marked rise in business confidence helping to strengthen indicators in both capital markets and the broader economy. Emerging signs of growth are welcome not only for investors, but also for the government, following …
Sanmar aims for increased Egyptian investments in Egypt
Company projects approximately $1.3bn investment and $150m injected into expansion of PVC production for 2015

Dave McClure sees big opportunities in Egypt
Growth rates in emerging markets are far in excess of US markets, with more opportunity internationally, McClure said

MIGA offer $1bn new guarantees for cross-border investments in MENA region
We are ready to attract investors in power, infrastructure, transport, and agribusiness sectors, says CEO

Government to conduct consultations with IMF to enhance cooperation: Abdel Nour
Egypt is an important economic partner and we aim to increase American investments in local market in coming months, says US secretary of state advisor

Removal of electricity subsidies to happen over five years: Electricity minister
Government to introduce feed-in tariff for new and renewable energy âwithin weeksâ, planning minister said Monday

Feed-in tariff for new and renewable energy to be announced within weeks: El-Araby
Ministry of Finance may act as guarantor between investors and Ministry of Electricity to ensure continuous power supply

New committee to follow-up on conference: El-Araby
Government seeks to accomplish âlegislative achievementsâ to foster investment before December 2014
German business delegation to visit in September
Delegation will discuss possibility of new investments in Egypt

Company invests EGP 2bn in construction of hypermarket: Supply minister
Private company to supply EGP 2bn to build chain of hypermarkets as part of plan to expand local trade markets in collaboration with supply ministry
Government begins reviewing bids for renewable energy projects
The government has begun reviewing offers submitted by private companies to carry out renewable energy projects in Egypt, said Minister of Electricity Mohamed Hamed Shaker. Shaker added that the four main criteria on which the offers will be judged are seriousness, technical capability, financial solvency and previous experience. The move comes as part of state …
Feasibility study underway for propylene project through $1.5bn in investments: ECHEM official
Three feasibility studies for petrochemical projects to be completed by 2015
Saudi-based CPC buys Qalaaâs Sphinx Glass for EGP 1.3bn
Qalaa Holdings sells Sphinx Glass in line with its framework to abandon ânon-coreâ projects
Petroleum ministry proposes petrochemical projects worth $540m to UAE
Egypt has proposed three petrochemical projects to the UAE for a total investment of $540m, according to a senior official at the Ministry of Petroleum. The projects included establishing a factory to produce bio-ethanol from molasses, the output of which would reach 100,000 tonnes of molasses annually, with investment in the project totalling $250m. The …
BP invests $10bn in Egypt
British oil companyâs north Alexandria project will start production in 2017

Egypt to cooperate with World Bank to increase economic competitiveness: Investment minister
Government reviewing economic legislation in move to improve business practices and attract investments
Government adopts new electronic system to track progress on development projects
The new system allows the government to electronically monitor the implementation of various government projects

Product pricing to be âclear in next couple of weeksâ: Nestle Northeast Africa CEO
Seoudi supermarkets shutdown âwere tense daysâ but distribution is now back to normal, CEO says