foreign investments
PM: Qatar may invest up to US$18 bln in Port Said, North Coast
Egypt
January 10, 2013
PM: Qatar may invest up to US$18 bln in Port Said, North Coast
Qatar has proposed new investments in East Port Said and the North Coast that could be worth up to US$18…
Multi-million dollar loan from China due to arrive in National Bank
Business
September 3, 2012
Multi-million dollar loan from China due to arrive in National Bank
The National Bank of Egypt said that the US$200 million loan recently granted by the China Development Bank will arrive…
Stock exchange achieves second highest monthly record
Business
August 31, 2012
Stock exchange achieves second highest monthly record
The Egyptian Stock Exchange achieved unprecedented gains of nearly LE30 billion in August backed by several positive events at the…
Total cancels US$6 billion project due to political unrest
Business
May 6, 2012
Total cancels US$6 billion project due to political unrest
Total, a French multinational oil and gas company, has withdrawn from a US$6 billion deal it had made with the…
Czech delegation to visit Egypt next week
Business
March 29, 2012
Czech delegation to visit Egypt next week
A high-level delegation from the Czech Republic, including the foreign minister and 15 heads of leading companies, will visit Cairo…
Report: Egypt, Saudi Arabia agree to keep kingdom’s investments intact
Business
March 29, 2012
Report: Egypt, Saudi Arabia agree to keep kingdom’s investments intact
The People’s Assembly Economic Affairs Committee has agreed to uphold all existing contracts governing Saudi Arabia’s US$27 billion in Egyptian…
Petroleum Minister: Foreign companies committed to investments
Business
June 12, 2011
Petroleum Minister: Foreign companies committed to investments
The majority of foreign companies in the field of oil and natural gas development and exploration are committed to their Egyptian investments,…
Foreign investment in communications declines amid unrest
Business
February 7, 2011
Foreign investment in communications declines amid unrest
Current events in Egypt have caused some foreign companies to refrain from investing in Egypt, while other communication centers have…
Egypt seeks annual investment of US$10 billion
Business
December 23, 2010
Egypt seeks annual investment of US$10 billion
Prime Minister Ahmed Nazif on Wednesday met with cabinet members and Central Bank of Egypt officials to outline the upcoming…