foreign investment

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…
Allianz to maintain Egypt operations despite economic, political situation
Business

Allianz to maintain Egypt operations despite economic, political situation

Amid a harsh climate for foreign investment, German insurance company Allianz said it is not considering leaving the Egyptian market…
Emirati producer to create beet sugar plant in Egypt
Business

Emirati producer to create beet sugar plant in Egypt

Al-Ghurair Group, an Emirati sugar producer, is creating a project in Egypt for the production of high quality sugar from…
Sawiris’ OCI looks to move outside Egypt, and its stocks may follow
Business

Sawiris’ OCI looks to move outside Egypt, and its stocks may follow

Orascom and a group of American investors, among them Microsoft giant Bill Gates, have set into motion a transaction set…
Egypt, Qatar ministers continue talks on investment projects
Business

Egypt, Qatar ministers continue talks on investment projects

The Qatari Finance Minister Youssef Hussein Kamal met with Egyptian Minister of Investment Osama Saleh on Thursday to discuss joint…
Central Bank: US$5 bn in foreign investments left Egypt in six months
Business

Central Bank: US$5 bn in foreign investments left Egypt in six months

A total of US$5 billion in foreign investments left Egypt during the last six months, the Central Bank of Egypt…
World Bank: Egypt’s GDP, non-oil cash flows could grow significantly
Egypt

World Bank: Egypt’s GDP, non-oil cash flows could grow significantly

The World Bank has predicted that Egypt's GDP will grow at a rate of 3.8 percent in the fiscal year…
Al-Azhar: Ministry-proposed bonds at odds with Sharia
Business

Al-Azhar: Ministry-proposed bonds at odds with Sharia

Members at Al-Azhar's Islamic Research Academy have rejected a Finance Ministry-proposed bill sanctioning the introduction of Islamic financial bonds, saying…
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