investment
Activists challenge European Investment Bank’s ties to EFG Hermes
Business
December 29, 2011
Activists challenge European Investment Bank’s ties to EFG Hermes
The Egyptian investment bank EFG Hermes had Gamal Mubarak, once considered the next heir to Egypt’s presidency and now on…
Egypt: Uncertainty is bad for business
Business
December 15, 2011
Egypt: Uncertainty is bad for business
In the tense aftermath of the January 25 revolution and amid the ongoing violence of the Arab Spring, the economic…
Unit of Egypt’s OCI wins a US$578 million mall contract
Business
October 16, 2011
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
October 9, 2011
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
October 6, 2011
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
September 24, 2011
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
September 17, 2011
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
August 8, 2011
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
July 27, 2011
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
May 28, 2011
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…