foreign investment

State budget suffers incurable disease, says finance minister
Business

State budget suffers incurable disease, says finance minister

  The state budget suffers from an incurable disease, with resources only covering 60 percent of public expenditures, state-owned Nile…
Stock market ends on high note amid increased investor optimism
Business

Stock market ends on high note amid increased investor optimism

The Egyptian Stock Exchange rose on Thursday after the announcement of positive news related to the economy. This, combined with…
South Korea eyes multi-million dollar investments in Egypt
Business

South Korea eyes multi-million dollar investments in Egypt

South Korea plans to invest US$583 million in Egypt, South Korean ambassador Young-so Kim said on Tuesday, adding that the…
Presidency: Morsy seeking investments to create jobs
Business

Presidency: Morsy seeking investments to create jobs

President Mohamed Morsy is seeking to attract foreign investments to bolster the economy and create job opportunities, presidential spokesperson Yasser…
Up against a fiscal wall, government courts foreign investment
Business

Up against a fiscal wall, government courts foreign investment

Officials are making a concerted effort to assure foreign and domestic investors that the climate for business is safe and…
Serious govt action needed on economy, experts say
Business

Serious govt action needed on economy, experts say

The government needs to do more to further encourage foreign investment and face its own growing budget deficit soon, or…
Kuwaiti institutions in talks to invest in Egypt
Business

Kuwaiti institutions in talks to invest in Egypt

The Finance Ministry is in talks with the Kuwaiti Ministry of Finance and a number of investors in the hope…
At Euromoney, officials try to calm investor fears
Business

At Euromoney, officials try to calm investor fears

Officials tried to assure foreign and domestic investors that the local climate for business is safe and friendly on Tuesday,…
New investment projects to create jobs, reduce unemployment, says minister
Business

New investment projects to create jobs, reduce unemployment, says minister

The government has devised a strategic plan aimed at creating new jobs and reducing the unemployment rate, which Minister of…
Turkish FM: Turkey to invest US$2 bn in Egypt, supports Morsy on Syria
Egypt

Turkish FM: Turkey to invest US$2 bn in Egypt, supports Morsy on Syria

The Turkish Central Bank plans to deposit US$2 billion in the Central Bank of Egypt, a sum earmarked for funding…
Back to top button