foreign investment

Egypt passes delayed investment law to smooth business, attract dollars
Egypt

Egypt passes delayed investment law to smooth business, attract dollars

Egypt's Parliament on Sunday passed a long-delayed investment law to streamline doing business in Egypt and to create incentives it…
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…
Egypt’s solar power upset clouds outlook for foreign investors
Business

Egypt’s solar power upset clouds outlook for foreign investors

When Egypt announced plans to develop renewable power in 2014, investors piled in, drawn by year-round sunshine and chronic electricity…
Negotiations for $12 bn IMF loan going smoothly: finance minister
Business

Negotiations for $12 bn IMF loan going smoothly: finance minister

Finance Minister Amr al-Garhy has announced that talks with an International Monetary Fund delegation, which is currently visiting Cairo, have…
World Bank to provide $500 mn for Upper Egypt development program
Business

World Bank to provide $500 mn for Upper Egypt development program

The Egyptian government signed a deal with the World Bank on Tuesday for US$500 million in funding for an economic…
IMF mission in Cairo next week for talks on US$12bn bailout
Business

IMF mission in Cairo next week for talks on US$12bn bailout

The International Monetary Fund confirmed on Tuesday that Egypt has asked it for financial support program and said an IMF…
Minister: Foreign investment in Egypt will reach about $2 bn in second quarter
Business

Minister: Foreign investment in Egypt will reach about $2 bn in second quarter

Foreign investment in Egypt will reach about $2 billion in the second quarter of the fiscal year, up from $1.8 billion dollars…
New Delhi to hold 2nd Egyptian-Indian joint trade committee on Monday
Business

New Delhi to hold 2nd Egyptian-Indian joint trade committee on Monday

The Indian capital New Delhi will hold a meeting of the second session of the Joint Commission of Commerce between…
Brotherhood businessman calls on investors not to abandon Egypt
Business

Brotherhood businessman calls on investors not to abandon Egypt

Hassan Malek, a prominent businessman and a member of the Muslim Brotherhood, called on investors to break the state of…
Egypt, Turkey hope to double bilateral trade, says Morsy
Business

Egypt, Turkey hope to double bilateral trade, says Morsy

Egypt and Turkey plan to double trade transactions between the two countries over the next few years, announced President Mohamed…
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