investment

Parliament approves investment bill in principle
Egypt

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

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

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

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

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

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

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

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

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

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…
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