investment

Unit of Egypt’s OCI wins a US$578 million mall contract
Business

Unit of Egypt’s OCI wins a US$578 million mall contract

A unit of Egypt's Orascom Construction won the main US$578 million construction contract to build a mall in the capital…
Government mulls establishment of steel factory with Gulf partners
Business

Government mulls establishment of steel factory with Gulf partners

Egypt's Holding Company for Metallurgical Industries is in negotiations with group of Gulf investors to establish a steel factory, with…
Qatar supports Egypt’s general budget with US$500 million, increases investments
Egypt

Qatar supports Egypt’s general budget with US$500 million, increases investments

The Qatari government has allocated US$500 million to support Egypt's general budget and decided to increase its investments in Egypt…
Egypt asks US business for help, urges investment
Business

Egypt asks US business for help, urges investment

WASHINGTON - Badly in need of cash flow, Egypt appealed on Friday to the US business community to help the…
Post-revolt Egypt unlikely to yield big investment openings
Business

Post-revolt Egypt unlikely to yield big investment openings

The political unrest in North Africa and the Middle East is unlikely to produce significant investment opportunities for multinational corporations…
Egyptians turn to gold ingots to protect savings
Egypt

Egyptians turn to gold ingots to protect savings

There has been a high turnout of Egyptians buying gold since the breakout of the 25 January revolution, according to…
Foreign direct investment falls by 75%
Business

Foreign direct investment falls by 75%

Foreign direct investment fell by 75.1 percent in the first quarter of 2011 compared to the last quarter of 2010,…
Expert: Egypt’s market will remain strong
Business

Expert: Egypt’s market will remain strong

Goldman Sachs, a global investment banking and securities firm, said it is optimistic about the future of the Egyptian stock…
Sudan and Egypt to create joint investment area in Halaib Triangle
Egypt

Sudan and Egypt to create joint investment area in Halaib Triangle

The disputed Halaib area between Cairo and Khartoum "will become an area for joint investments between the two countries," said…
Military council warns of economic collapse
Business

Military council warns of economic collapse

The Supreme Council of the Armed Forces has warned of a collapse in the economy, pointing out that direct foreign…
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