investment

IFC, MEG sign landmark US$100 mn agreement to foster Egypt’s economy
Egypt

IFC, MEG sign landmark US$100 mn agreement to foster Egypt’s economy

The International Finance Coordination (IFC), a member of the World Bank, provided up to $100 million in financing to the…
Iraqi embassy to organize economic conference for Egyptian companies
Egypt

Iraqi embassy to organize economic conference for Egyptian companies

Haidar Nouri, commercial attaché in the Iraqi Embassy in Cairo, announced that his country is organizing an economic conference on…
Govt launches its first public offering in Egyptian Stock Exchange
Business

Govt launches its first public offering in Egyptian Stock Exchange

Egypt’s government launched its first public offering on Sunday within the Egyptian Stock Exchange with a 4.5 percent share of…
Prime Minister issues regulation of Egypt’s Sovereign Wealth Fund
Business

Prime Minister issues regulation of Egypt’s Sovereign Wealth Fund

Prime Minister Mostafa Madbouly on Thursday issued the basic regulation of Egypt’s Sovereign Wealth Fund (SWF), which the government founded…
Egyptian ministers meet with Korean bank representatives in Seoul
Business

Egyptian ministers meet with Korean bank representatives in Seoul

Finance Minister Mohamed Maait, Investment and International Cooperation Minister Sahar Nasr, Chairman of the Suez Canal Authority Mohab Mamish and…
Shoukry meets Irish trade minister in Dublin
Egypt

Shoukry meets Irish trade minister in Dublin

Egypt’s Foreign Minister Sameh Shoukry met with Irish Minister of State for Trade, Employment, Business, EU Digital Single Market and…
Qatar’s real estate market faces reality check ahead of World Cup
Middle East

Qatar’s real estate market faces reality check ahead of World Cup

DOHA/DUBAI (Reuters) – Qatar’s Doha Tower, a spike-tipped cylinder that glows orange at night, won an award when finished in…
OECD drops Egypt’s economic risk classification ranking
Economy

OECD drops Egypt’s economic risk classification ranking

  The Organization for Economic Co-operation and Development (OECD) officially announced that Egypt’s risk classification has dropped from six to…
Egypt, Germany sign €150.5 million technical and financial agreements
Business

Egypt, Germany sign €150.5 million technical and financial agreements

    Egypt’s Minister of Investment and International Cooperation Sahar Nasr and German Ambassador Julius Georg Luy signed on Sunday…
Careem to inject investments up to US $120 million in 2019
Business

Careem to inject investments up to US $120 million in 2019

  Careem CEO Wael Abu al-Ella stated on Saturday that the company would inject investments up to $120 million in…
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