Latest in Tag: Minister of Investment Highlight
Latest in Tag: Minister of Investment

International conference to promote Suez Canal Development Axisâ final plan: Salman
Suez Authority and canal’s economic area will be merged by Prime Ministerâs decree

Investment Ministry receives 100 governorate projects for âUpper Egypt Developmentâ Conference
Assiut debuts Dry Bulk Port project with investments of $ 170m, Qena debuts cement plant with investment EGP 1bn
Chemical Industries Holding Company eyes EGP 4.3bn in investments in FY 2015/2016
Net profit of subsidiariesâ targeted activities is anticipated to reach EGP 1.7bn

Final draft of Suez Canal investment law grants broad powers to SCA: Investment ministry
The Ministry of Transitional Justice is revising the draft to be sent to Al-Sisi for approval, expected to take place soon, says Salman

Egypt targets $6bn-$8bn FDIs for FY 2014/2015: Salman
Stock exchange tax must be stopped to deepen the market, executive regulation of investment law to be ready within a month, says Salman

Procedures for 1st mortgage union to be finalised before Ramadan: EFSA Head
CBE allocates EGP 10bn to revive mortgage initiative, expected to be spent within 12 months, says Deputy Governor
NCCD business grows by EGP 319m to reach EGP 6.6bn: CEO
We plan to economically manage public business sector enterprises portfolio to achieve added value for national economy, says Salman

Chinese companies to visit Egypt with Chinese President: Helal
Trade balance between the Egypt and China amounted $ 11.6bn last year, says Chinese Ambassador

Suez Canal zone to account for third of economy: Investment minister
The signing took place on the third day of the Economic Summit in Sharm El-Sheikh, for a zone which, it is planned, will account for 30%-35% of Egyptâs economy in 10 yearsâ time.

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

Saudi Arabia, UAE, Kuwait strong backers of Egyptâs economy
Overview of Gulf aid to Egypt in the new era
Government approves draft investment law improving business environment: Cabinet
The Cabinet agreed during its weekly meeting Wednesday, on the draft presidential decree regarding the draft investment law, according to a Cabinet statement. The statement added that the draft law includes a bundle of legislative amendments to stimulate investment in Egypt. âDuring the preparation of the law, there were communications with the civil society, the …

New investment law to be issued beginning of March: Investment minister
Any postponement of parliamentary elections would not affect Economic Summit, says trade minister

190 Italian companies visit Egypt for economic cooperation
Mission targets talks for commerce and industrial partnership opportunities in the mechanical, renewable energy, infrastructure sectors

HCMI requests proposing Nasr Company reoperation project in Economic Summit
The official, who requested anonymity, said the company will cooperate with HCMI to own a right to management, since Nasr Company is the company working in the automotive industry. This will come amongst the ways to attract international partnerships to get the company running again.
Economy needs investments to counter unemployment: Pepsi Regional Manager
Fight to cut domestic debt to 84% during coming years, says Salman
HOTAC develops 5 branches of internal trade companies : Investment ministry
Private sector carried investment cost of development and paid an annual income for partnership worth EGP 7.6m, with a 10% increase annually
Planning, investment ministers agree on financing Misr Spinning and Weaving
Salman, Araby discuss iron and steel development via imported raw materials and cooperation to increase production

Investment ministry to comprehensively restructure 125 public sector companies: Salman
Restructuring includes financial evaluation of performance and private sector partnership to change public management, says investment minister
“Business News” launches annual “Egypt Automotive” Summit
The Business News Foundation for Press and Publication will launch “Egypt Automotive”, the annual summit for automotives manufacturing in Egypt, on 14 December. The summit falls under the sponsorship of Minister of Industry and Trade Mounir Fakhry Abdel Nour and Minister of Investment Ashraf Salman. The 2014 summit is held under the title “The future …
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

Egypt targets $15bn FDI in FY 2017/2018: Investment minister
The minister of investment discussed the Investment Law saying that its core change is what is called the “one-stop shop”.
CIHC finalises evaluation and plans evacuation within days
Finance ministry will pay Kaaki for the evaluation, with value not exceeding companyâs privatisation price

Government to offer bids to generate 8GW from coal and renewable energy: Salman
The government hopes to offer two tenders to generate 8GW of electricity from new and renewable energies, said Minister of Investment Ashraf Salman on Tuesday. He added that there are also plans to construct power stations operating on coal during the fiscal year (FY) 2014/2015, in order to meet the countryâs growing electricity needs. A …

Ministry of Investment suggests allowing HOTAC to offer bonds
Government is working to repair public sector companiesâ financial structures that suffer significant losses and weak production

Government considering new cement licences to stimulate economy: Investment minister
Minister of Investment seeks to transfer ownership of Egyptian Financial Supervisory Authority and General Authority For Investment to the president

Window to investment remains shuttered
By Mohamed Ayyad Today I am writing to you, Minister of Investment Ashraf Salman. It is up to you if you wish, honestly and in the name of success, to listen to the masses. You must wage a fierce war on bureaucracy and administrative corruption, for even if you fail, the effort will be recognised. As you …

New investment minister announces exit from investments and posts
Ashraf Salman takes steps to avoid conflicts of interest
Ashraf Salman to exit his businesses and resigns from other posts
By Abdel Qader Ramadan Newly appointed Minister of Investment Ashraf Salman told the Daily News Egypt he is exiting businesses he owns and 18 other positions he holds after his cabinet appointment. Salman held the position of CEO of Cairo Financial Holding as well as other executive and advisory positions for several companies. Salman’s …