Egypt

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…
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…
Minister: Egypt targeting 9% industrial growth rate

Minister: Egypt targeting 9% industrial growth rate

Trade and Industry Ministry Mounir Fakhry Abdel Nour has indicated important messages for Egyptians and the whole world through the…
Egypt to inaugurate anticipated economic conference Friday

Egypt to inaugurate anticipated economic conference Friday

 Egypt's economic conference held to encourage investment to revive the national economy is set to begin on Friday in the…
Jihadist-targeted Egypt courts foreign investors

Jihadist-targeted Egypt courts foreign investors

Egypt is hosting from Friday a three-day conference aimed at wooing foreign investors, while also shoring up global support for…
UPDATE: Egypt eyes deals worth $15-$20 billion at investment summit, says minister

UPDATE: Egypt eyes deals worth $15-$20 billion at investment summit, says minister

Egypt expects to sign agreements worth up to $20 billion at a weekend investment summit in the Red Sea resort…
International Expert: Improvement in credit rating of Egypt depends on the outcome of EEDC

International Expert: Improvement in credit rating of Egypt depends on the outcome of EEDC

Major international credit rating institutions believe that Egypt's current rating is stable, said economy expert Amr Hassanein. Moody's, Fitch and Standard…
Banks move toward legislation changes designed to boost investment

Banks move toward legislation changes designed to boost investment

Banks in Egypt are in the process of formulating their views regarding the amendments needed for the Law 88\2003, senior…
FECC working with the government to reform legislation and improve the environment for investors

FECC working with the government to reform legislation and improve the environment for investors

The Federation of Egyptian Chambers of Commerce has stated it had been working hand-in-hand with the government to modernize the…
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