investment

Minister signs agreement establishing first Development Investment Support Fund
Business

Minister signs agreement establishing first Development Investment Support Fund

International Cooperation Minister Sahar Nasr signed on Wednesday an agreement with Randa abul Hassan, country director of the United Nations…
Britain to inject $400 million in Suez Canal new power station: Minister
Business

Britain to inject $400 million in Suez Canal new power station: Minister

The British International Investment Funds Association said it would inject US $400 million in direct investment to finance a new…
Egypt pays off $2.2 bn as part of scheduled $4.5 bn oil debt
Egypt

Egypt pays off $2.2 bn as part of scheduled $4.5 bn oil debt

Egypt succeeded over the last three weeks, in paying off $2.2 billion dollars from oil debts dedicated to international oil…
China vows to adhere to Paris climate deal
World

China vows to adhere to Paris climate deal

China will “steadfastly” implement the Paris climate pact, Premier Li Keqiang said Thursday, urging others to do likewise as US…
International Cooperation Minister Sahar Nasr discusses investment with China’s CTGN Arabic
Business

International Cooperation Minister Sahar Nasr discusses investment with China’s CTGN Arabic

The Belt and Road Forum, an investment forum organized by the Chinese government, hosted Egypt’s International Cooperation Minister Sahar Nasr…
Softbank-Saudi tech fund becomes world’s biggest with $93 billion of capital
Business

Softbank-Saudi tech fund becomes world’s biggest with $93 billion of capital

The world’s largest private equity fund, backed by Japan’s Softbank Group and Saudi Arabia’s main sovereign wealth fund, said on…
Saudi Arabia to increase investment in Egypt up to $51 bn
Business

Saudi Arabia to increase investment in Egypt up to $51 bn

The Saudi-Egyptian Business Council plans to increase investments by both the Saudi government and private sectors in Egypt to reach…
ILO delegation visits Egypt to review recent labor legislation
Egypt

ILO delegation visits Egypt to review recent labor legislation

A delegation from the International Labor Organization paid a visit to Egypt on Saturday to review recent labor legislation –…
Parliament approves investment bill in principle
Egypt

Parliament approves investment bill in principle

The House of Representatives approved in principle on Tuesday the draft investment law submitted by the Cabinet, amid disagreements between…
Egypt mulls granting residence permits to foreigners in return for bank deposits
Egypt

Egypt mulls granting residence permits to foreigners in return for bank deposits

The National Defense and Security Committee of the House of Representatives approved on Thursday a draft law submitted by the…
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