Business

Oman pledges $500 mln to Egypt at Sharm conference

Oman pledges $500 mln to Egypt at Sharm conference

Oman pledged to give Egypt $500 million in grants and investment over the next five years, the president of the…
Update: Gulf Arab allies pledge $12 billion to Egypt at summit

Update: Gulf Arab allies pledge $12 billion to Egypt at summit

Egypt expects to sign agreements worth up to $20 billion at a weekend investment summit in the Red Sea resort…
Sisi: Egypt targets 6% growth over 5 years, 10% unemployment

Sisi: Egypt targets 6% growth over 5 years, 10% unemployment

Egypt is targeting economic growth of 6 percent over the next five years, and decrease in the unemployment rate to…
Chile’s ENAP to build $30mn oil pipeline in Egypt

Chile’s ENAP to build $30mn oil pipeline in Egypt

A subsidiary of Chile's state oil company ENAP will invest $30 million to build a 90 km oil pipeline in…
IFC: Egypt reforms positive but “a lot more work needs to be done”

IFC: Egypt reforms positive but “a lot more work needs to be done”

The head of the International Finance Corporation said on Friday that he was encouraged by Egypt's economic reforms such as…
Kerry urges firms to invest in Egypt, praises economic reforms

Kerry urges firms to invest in Egypt, praises economic reforms

U.S. Secretary of State John Kerry on Friday urged business executives to invest in Egypt, praising the government of President…
ERC: Story of a successful joint project between public and private sector, presented by al-Qalaa Holdings Group.

ERC: Story of a successful joint project between public and private sector, presented by al-Qalaa Holdings Group.

Egyptian Refining Company, which has been a successful example of a joint project between the Egyptian public sector, private companies…
Minister: Reforms will cover both economy and social justice

Minister: Reforms will cover both economy and social justice

Egypt’s Planning and International Cooperation Minister, Ashraf al-Araby has stressed that the Egypt Economic Development Conference is gaining momentum with…
Egypt continues revolution in economic legislation reform

Egypt continues revolution in economic legislation reform

The government and business organizations continue extensive reforms in economy-related laws in line with Egypt's plans to increase investments and…
The proper steps to improve the investment climate

The proper steps to improve the investment climate

Despite the economic and political challenges Egypt has faced over the past five years, the country is still a pivotal…
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