investment

Egypt signs $653 mn solar park deal with IFC led consortium, Egypt’s largest
Business

Egypt signs $653 mn solar park deal with IFC led consortium, Egypt’s largest

Egypt signed an agreement on Sunday for the construction of 13 solar-power plants in Aswan financed by a consortium led…
CBE governor meets with bank heads
Economy

CBE governor meets with bank heads

Governor of the Central Bank of Egypt (CBE), Tarek Amer, met held a meeting with bank heads, along with his…
Saudi Arabia opens major conference with eye on investment
Economy

Saudi Arabia opens major conference with eye on investment

Saudi Arabia on Tuesday opened a major investment conference aimed at shining a spotlight on the country’s efforts to overhaul…
Egypt to build first industrial city, stretching over 33mm square meters
Egypt

Egypt to build first industrial city, stretching over 33mm square meters

Egypt singed an agreement with Singapore on Tuesday to establish the first industrial city, located north of Fayoum governorate, stretching over…
Egypt ranked as top investment destination in Africa for 2018: African Ban RMB
Egypt

Egypt ranked as top investment destination in Africa for 2018: African Ban RMB

Egypt has replaced South Africa as the top investment destination in Africa due to a superior economic activity score, while…
Jushi company signs contract to expand projects in Suez Canal Economic Zone
Business

Jushi company signs contract to expand projects in Suez Canal Economic Zone

Vice President of the Suez Canal Economic Zone Authority of the Southern Region, Major General Mahfouz Abdelrahman Taha, and Chairman…
Egypt tourism revenue bounces back after crippling dollar shortage: Bloomberg
Economy

Egypt tourism revenue bounces back after crippling dollar shortage: Bloomberg

Egypt’s tourism revenues rose to $1.5 billion in the fourth quarter of 2017, up from $510 million in the same…
Alwaleed bin Talal to invest in the $50 million ‘Egypt Ventures’ fund
Economy

Alwaleed bin Talal to invest in the $50 million ‘Egypt Ventures’ fund

Global Saudi investor and businessman Al Waleed bin Talal plans to invest in the Investment Ministry’s $50 million development fund,…
Egypt eyes $30 billion investments in SCZone
Economy

Egypt eyes $30 billion investments in SCZone

Minister of International Cooperation Sahar Nasr said that Egypt aims to attract investments of about $30 billion in the Suez…
Egyptians accepted economic reforms with confidence: Sisi in Hungary
Egypt

Egyptians accepted economic reforms with confidence: Sisi in Hungary

“Egyptian people seek to change their reality, bore the difficult economic measures and accepted them, because they are convinced of…
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