investments

Egypt seeks to raise government investments by 35%: minister
Business

Egypt seeks to raise government investments by 35%: minister

Egyptian officials are hoping to increase government investments by 35 percent over the 2013-2014 fiscal year, according to Finance Minister…
Egyptian companies freeze investments in Syria
Business

Egyptian companies freeze investments in Syria

Egyptian officials said a number of Egyptian companies have frozen investments and activities in Syria due to the deteriorating security…
Economists project more UAE and Saudi investment in Egypt
Egypt

Economists project more UAE and Saudi investment in Egypt

Egyptian economists have predicted more investment from the United Arab Emirates (UAE) and Saudi Arabia, now that the political climate…
Ministry expectes LE300 bn worth of investments next year
Business

Ministry expectes LE300 bn worth of investments next year

Minister of Planning and International Cooperation Ashraf al-Araby said that the volume of governmental and private investments is expected to…
Stock market plummets to maximum decline
Business

Stock market plummets to maximum decline

The Egyptian Stock Market continued its downturn during the Sunday session with the main EGX30 index recording a 9.5 percent…
PM: Investments increased to LE55.6 billion
Business

PM: Investments increased to LE55.6 billion

Prime Minister Hesham Qandil on Tuesday said the government has increased investments to LE55.6 billion this year. “The aspirations of…
Egypt to import Algerian gas
Business

Egypt to import Algerian gas

Prime Minister Hesham Qandil said on Wednesday that although Egypt is a producer and exporter of natural gas, it has…
Stock exchange rebounds after two sessions of decline
Business

Stock exchange rebounds after two sessions of decline

The Egyptian Stock Exchange index rebounded strongly on Wednesday after two sessions of declines as positive sentiment generated by government…
Saudi businessmen intend to invest in Egypt, says minister
Business

Saudi businessmen intend to invest in Egypt, says minister

Trade and Industry Minister Hatem Saleh said at a meeting with the Egyptian-Saudi Business Council Wednesday that there are Saudi…
British Gas to inject US$5 billion in investments
Business

British Gas to inject US$5 billion in investments

Petroleum Minister Osama Kamal on Tuesday said British Gas is injecting US$3 billion to US$5 billion into development projects in…
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