investments
Samsung raises investments in Egyptian market to over US$84 million
Business
May 31, 2020
Samsung raises investments in Egyptian market to over US$84 million
Samsung Egypt plans to inject new investments in the Egyptian market over the next five years valued at US$84 million,…
Uber Egypt to launch program for New Administrative Capital employees
Egypt
March 3, 2020
Uber Egypt to launch program for New Administrative Capital employees
Egypt’s Minister of Planning and Economic Development Hala al-Saeed met with the General Manager of Uber Egypt Ahmed Khalil and…
Suez Canal Economic Zone to see petrochemical complex built in $6.7 billion deal
Business
February 12, 2020
Suez Canal Economic Zone to see petrochemical complex built in $6.7 billion deal
The first day of the 2020 Egypt Petroleum show on Tuesday saw the signing of a US$6.7 billion agreement between…
Egypt seeks further financing from EBRD for private sector: Minister
Business
January 25, 2020
Egypt seeks further financing from EBRD for private sector: Minister
Minister of International Cooperation Rania al-Mashat on Saturday met with Suma Chakrabarti, the President of the European Bank for Reconstruction…
Egypt’s Minister of Investment, Chinese Ambassador sign US$42 mn grant for development projects
Business
November 24, 2019
Egypt’s Minister of Investment, Chinese Ambassador sign US$42 mn grant for development projects
Egypt’s Minister of Investment and International Cooperation Sahr Nasr on Saturday signed a US$42 million grant with the Ambassador of…
Egypt signs US$3 billion agreements during Africa Investment Forum 2019
Business
November 24, 2019
Egypt signs US$3 billion agreements during Africa Investment Forum 2019
Egypt’s Prime Minister Mostafa Madbouly signed 11 agreements valuing at three billion dollars during the Africa Investment Forum (AIF) 2019…
European Investment Bank’s investments in Egypt reach €9 billion
Business
November 13, 2019
European Investment Bank’s investments in Egypt reach €9 billion
The European Investment Bank (EIB) will enhance its partnership with Egypt to fund infrastructure projects and small and medium sized…
Eni plans to increase Zohr gas field production by up to 3bn cubic meters
Egypt
October 16, 2019
Eni plans to increase Zohr gas field production by up to 3bn cubic meters
The Chairman of the IEOC, a subsidiary to the Italian multinational oil and gas company Eni, Luca Di Caro, said…
Egypt is keen to attract South Korean investments: Investment Minister
Business
October 12, 2019
Egypt is keen to attract South Korean investments: Investment Minister
Egypt’s Minister of Investment and International Cooperation Sahar Nasr stated on Friday that her country is keen to attract more…
Egypt’s Sisi urges continuing reforms in public business sector
Egypt
September 29, 2019
Egypt’s Sisi urges continuing reforms in public business sector
President Abdel Fatah al-Sisi on Saturday asked the government to continue implementing comprehensive reforms in the public business sector, and…