investment
Parliament approves investment bill in principle
Egypt
May 3, 2017
Parliament approves investment bill in principle
The House of Representatives approved in principle on Tuesday the draft investment law submitted by the Cabinet, amid disagreements between…
Egypt mulls granting residence permits to foreigners in return for bank deposits
Egypt
April 28, 2017
Egypt mulls granting residence permits to foreigners in return for bank deposits
The National Defense and Security Committee of the House of Representatives approved on Thursday a draft law submitted by the…
Egypt ranks 3rd most attractive investment destination in Africa: report
Economy
April 20, 2017
Egypt ranks 3rd most attractive investment destination in Africa: report
Egypt was ranked as the third most attractive investment destination in Africa by Quantum Global, an Africa-based investment management firm, according…
1,741 new companies established in March: official report
Business
April 20, 2017
1,741 new companies established in March: official report
The General Authority for Investment and Free Zones announced that 1,741 new companies were established in March with a total…
Egypt expects US$13-15 bln in foreign investment next fiscal year: finance minister
Business
March 20, 2017
Egypt expects US$13-15 bln in foreign investment next fiscal year: finance minister
Egyptian Finance Minister Amr el-Garhy said on Monday his country was expecting foreign direct investment to increase to US$13-15 billion…
China, Saudi Arabia eye US$65 billion in deals as king visits
Middle East
March 16, 2017
China, Saudi Arabia eye US$65 billion in deals as king visits
Saudi Arabia's King Salman oversaw the signing of deals worth potentially US$65 billion as he began a visit to Beijing…
Saudi king signs range of deals in Indonesia at start of visit
World
March 2, 2017
Saudi king signs range of deals in Indonesia at start of visit
Saudi Arabia's King Salman held talks with Indonesia's president on Wednesday and signed a range of cooperation agreements at the…
European delegations to visit Cairo for investment opportunities
Business
February 28, 2017
European delegations to visit Cairo for investment opportunities
Several European countries have started organizing official visits to Cairo for delegations comprised of investors and businessmen to discuss investment opportunities in…
Egypt has become attractive for foreign investment: US ambassador to Cairo
Egypt
February 26, 2017
Egypt has become attractive for foreign investment: US ambassador to Cairo
US ambassador to Cairo Stephen Beecroft said the new US administration is doing its best to seek cooperation with Egypt…
20 foreign, Egyptian companies propose Red Sea investments worth LE50 bn
Business
February 24, 2017
20 foreign, Egyptian companies propose Red Sea investments worth LE50 bn
The Red Sea Governorate announced its cooperation with the Ministry of Investment to decide by mid-March on offers made by…