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Investment News in Egypt

Abdel-Nour: Industrial Growth Rate Increased in 2013-2014
6/24/2015 - Trade and Industry Minister Mounir Fakhri Abdel-Nour has said that economic indices have shown positive readings in a number of times over the past few months.

Abdel-Nour said on 23/6/2015 ...
90% of Dredging Works at New Suez Canal Finalized
6/24/2015 - Head of the Suez Canal Authority Mohab Mamish said on 23/6/2015 up to 230.307 million cubic meters of water-saturated sand have been lifted so far as part of the Suez Canal Development Project.
Egyptian Trade Ministry Considers Website for Businessmen Eyeing Africa
7/21/2015 - Minister of Industry and Trade Mounir Fakhri Abdel Nour has announced plans to launch a website serving the Egyptian businessmen who search for investment opportunities in Africa.

Chairman ...
EGP 400 million to Develop 9 Industrial Zones
7/24/2015 - Head of the Industrial Development Authority (IDA) Ismail Jaber said that an amount of EGP 400 million has been provided for development of nine industrial zones.

Jaber stressed that the au...
New Suez Canal to Post Key Position on int’l Investment Map
7/28/2015 - The New Suez Canal will post an important position on the international investment map, said Chairman of Suez Canal Authority Mohab Mamish.

In statements on 28/7/2015, Mamish said Egypt and...
Army’s Engineering Authority to Carry out New Projects
7/28/2015 - The Armed Forces' Engineering Authority has been assigned to carry out new projects other than the New Suez Canal, Chief of Staff of the authority Maj. Gen. Kamel El-Wazir said on 27/7/2015.

...
EGP 149 billion Investments Implemented by Private Sector in 9 Months
8/1/2015 - Minister of Planning Ashraf el Arabi said that the volume of total investments implemented by the private sector during the first nine months of the financial year 2014-2015 reached EGP 149 billion co...
Egyptian Market ’Attractive’ for Investment
8/1/2015 - The Egyptian market is attractive for investment in light of the high rates of profitability and low labor costs, said Head of Tax Authority Abdel Moneim Matar.

During his meeting with a nu...
Mamish: Egyptian People Capable of Making Miracles
8/1/2015 - Head of the Suez Canal Authority Mohab Mamish said that the Suez Canal development projects includes ports, two industrial zones in addition to the new canal.

He added that the Egyptian wor...
Mamish: Egyptian People Capable of Making Miracles
8/1/2015 - Head of the Suez Canal Authority Mohab Mamish said that the Suez Canal development projects includes ports, two industrial zones in addition to the new canal.

He added that the Egyptian wor...
First German Power Plant in Egypt to Open
8/5/2015 - German commercial counselor in Cairo Hans Christian Mangelz Dorf confirmed that there is an institutional strategic dialogue between Cairo and Berlin in the economic field, specifically in the field o...
Khalid Hanafi: Global City of Gold to be Set up
8/5/2015 - Minister of Supply and Internal Trade Khalid Hanafi announced the planning for establishing a global city of gold in Egypt.

The city aims to keep up with modern developments in the field of...
New Suez Canal to Promote Development in Sinai
8/5/2015 - Inaugurating the New Suez Canal on 6/8/2015 will send a positive message and will promote development in Sinai, the Culture Minister said.

In statements to MENA on 5/8/2015, Culture Minist...
63 Ship Transit Suez Canals; 26 via New Waterway -- Mamish
8/9/2015 - As many as 63 ships transited the Suez Canal on 8/8/2015, two days after the inauguration of the new waterway, said Mohab Mamish, the chief of the Suez Canal Authority.

Some 26 ships were a...
Mahlab Follows up Reclamation, Water, Sewage Projects
8/9/2015 - Prime Minister Ibrahim Mahlab chaired a ministerial meeting on 8/8/2015 to follow up the implementation of a number of projects including a million-acre reclamation project.

The meeting was...
Ibrahim Mahlab Approves Establishing Industrial Zone in Beheira
8/10/2015 - Prime Minister Ibrahim Mahlab approved the establishment of an industrial zone in Beheira, Governor Mohamed Sultan said.

The project will be built on 346 feddans in Housh Eissa town and wil...
65 Vessels cross Suez Canal
8/10/2015 - Sixty-five ships transited the Suez Canal on 9/8/2015 on the third day of the official operation of the new canal, said Mohab Mamish, the chief of the Suez Canal Authority.

The vessels were...
Egypt Looks forward to Italian Investments
8/11/2015 - Egypt's ambassador in Rome Amr Helmi said Egypt is looking forward to Italian investments in the Suez Canal region.

In a press conference, the ambassador said that preparations for a visit ...
Ibrahim Mahlab Earmarks LE 58 mn for Drinking Water Projects in Fayyoum
8/11/2015 - Prime Minister Ibrahim Mahlab earmarked 58 million pounds for completing drinking water projects in Fayyoum.

This is a part of 138 million pounds that have been earmarked for drinking water...
374 Vessels cross Suez Canal in both Directions in First Week after Inauguration
8/15/2015 - Up to 374 vessels transited the Suez Canal in both directions during the first week after the official opening of the New Suez Canal on 06/08/2015.

The north-bound convoy included 191 ships...

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