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Handelsblatt: Germany invites Egyptian president for state visit

Handelsblatt: Germany invites Egyptian president for state visit

Germany's economy minister on Saturday invited the Egyptian president for a state visit to Germany, the newspaper Handelsblatt reported in…
BP signs US$12 billion energy deal in Egypt

BP signs US$12 billion energy deal in Egypt

British oil company BP (BP.L) finalized on Saturday a US$12 billion deal with Egypt to develop 5 trillion cubic feet…
Prime Minister lays out Egypt’s plan for economic reform

Prime Minister lays out Egypt’s plan for economic reform

Egypt's Prime Minister Ibrahim Mehleb laid out on Saturday the country's plan form economic reform, during the second day of…
C.bank governor: No black market in currencies in Egypt

C.bank governor: No black market in currencies in Egypt

Egypt has enforced a set of rules which have eliminated the black market in currency, the central bank governor said…
Italy’s Eni signs heads of agreement with Egypt worth $5 billion over four-five years

Italy’s Eni signs heads of agreement with Egypt worth $5 billion over four-five years

Italian oil major Eni signed heads of agreement with the Egypt worth $5 billion (LE3.4 billion) over 4-5 years, the oil…
PepsiCo to invest US$500 mn in Egypt this year

PepsiCo to invest US$500 mn in Egypt this year

PepsiCo will invest $500 million in Egypt this year to expand production, its business unit manager for North East Africa…
CEO: UAE firm KBBO plans US$2 bn investments in Egypt

CEO: UAE firm KBBO plans US$2 bn investments in Egypt

Khalifa bin Butti Bin Omeir (KBBO) group, a private investment group in the United Arab Emirates, plans to invest US$2…
Egypt launches new administrative capital

Egypt launches new administrative capital

Egypt's government launched on Friday a new administrative capital east of Cairo at the cost of $45 billion, during the…
IMF’s Lagarde: Right policies key to meet Egypt’s economic goals and reforms

IMF’s Lagarde: Right policies key to meet Egypt’s economic goals and reforms

Egypt can simultaneously achieve goals of economic growth and economic reforms if coupled with the right polices, the International Monetary…
Egypt tycoon says family to invest billions in new projects

Egypt tycoon says family to invest billions in new projects

A tycoon from Egypt's wealthiest family said Friday that they are putting up a fifth of the country's investment needs…
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