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Investment News in Egypt

Egypt, China Sign Deal for $100 mln Loan
1/21/2016 - A deal for granting Banque Misr a loan worth 100 million dollars from the China Development Bank was signed.

The five-year loan accord provides a two-year grace period, as the payment will...
China, Egypt Signs Contract to Build Coal-Fired Power Plants
1/22/2016 - Egypt signed conditional contracts with Chinese electrical engineering companies to build two coal-fired power plants and develop a transmission grid, electricity ministry spokesman Mohamed El-Yammany...
Egypt Could Expand Short-Staple Cotton
1/23/2016 - The government might expand the country’s cotton production to include the cultivation of short-staple cotton as part of a restructuring process for 25 of its textile companies, Investment Minister As...
Egypt, World Bank Mull $500-mln Fund for Development Program
1/23/2016 - International Cooperation Minister Sahar Nasr probed with a delegation of the World Bank a proposed fund for a development program in Upper Egypt.

The team, currently visiting Egypt, has alre...
Saudi’s Othaim Group to Invest US$ 300 Million in Egypt
2/1/2016 - The Saudi Othaim For Leisure & Tourism plans to invest US$300 million (LE3.3 billion) in Egypt over the next five years, according to the company’s chief executive.

Fahd bin Abdullah al-Ot...
Egypt, Iraq Sign $216m worth Framework Agreement
2/20/2016 - Egypt’s Minister of Trade and Industry Tareq Qabil and his Iraqi counterpart Mohammed Shia' Al-Sudani signed a framework agreement to meet the Iraqi needs of food products.

The $216 million d...
Saudi's Savola Says EBRD Will Invest $100 mln in Egypt Subsidiary
3/29/2016 - Saudi Arabia's largest food products company, Savola Group, said the European Bank for Reconstruction and Development (EBRD) will invest $100 million in one of its indirect subsidiaries in Egypt.
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Egypt, Saudi Arabia Sign Agreements in Electricity Field
4/9/2016 - President Abdel Fattah El Sisi and Saudi King Salman Abdel Aziz witnessed the signing of 17 agreements and memoranda of understanding.

In a press release, the Electricity Ministry said Inter...
GAFI Chairman Confers with Chinese Delegation on Promoting Investment
GAFI Chairman Confers with Chinese Delegation on Promoting Investment 4/22/2016 - Chairman of the General Authority for Investment and free zones (GAFI) Alaa Omar discussed with representatives of 16 Chinese companies ways of strengthening investment relations between the two count...
Egypt, WB Discuss Fostering Cooperation in SME Field
5/28/2016 - Trade Minister Tarek Qabil met with a delegation from the World Bank, led by Vice President Kyle Peters, and discussed the current and coming projects to be implemented by the Bank in Egypt.

...
Egypt :Economic Committee Reviews Cooperation with Germany, Indonesia
Egypt :Economic Committee Reviews Cooperation with Germany, Indonesia 5/31/2016 - The ministerial economic committee reviewed the outcome of a visit paid by Minister of International Cooperation Sahar Nasr to Indonesia.

The meeting also tackled a visit of Sigmar Gabriel, V...
Promotion Campaigns Needed to Correct Egypt’s Image
Promotion Campaigns Needed to Correct Egypt’s Image 5/31/2016 - Tourism Minister Yehia Rashed underlined the importance of the Egyptian media in general and the tourism media in particular in supporting the tourism sector and restoring its image before world count...
Egypt, Kuwaiti Fund Sign Deal for Sinai worth $100 mln
6/1/2016 - Egypt and the Kuwait fund for Arab Economic Development (KFAED) signed the first agreement in a pledged series of projects for the development of Sinai, according to the international cooperation mini...
Tariq Qabil Urges German Businessmen to Invest in Egypt
Tariq Qabil Urges German Businessmen to Invest in Egypt 6/3/2016 - Trade and Industry Minister Tariq Qabil invited German businessmen to invest in Egypt in the various fields.

Egypt has great investment opportunities in the various industrial domains, Qabil ...
Sherif Ismail, Ashraf el Sheihy Attend Launch of Technology Alliances Program
6/4/2016 - Prime Minister Sherif Ismail and Minister of Higher Education Ashraf el Sheihy will witness the launch of a national program for technology alliances which aims at boosting local industry.

T...
Egyptian manpower Minister in Geneva to Attend ILO Conf.
6/5/2016 - Egyptian Manpower Minister Mohamed Saafan arrived in Geneva leading Egypt's delegation to the International Labor Organization (ILO) conference due to run till June 11.

Some 186 member stat...
Sahar Nasr Discusses Slum Development with AfDB
Sahar Nasr Discusses Slum Development with AfDB 6/8/2016 - Minister of International Cooperation Sahr Nasr held a meeting with a group of officials from the African Development Bank Group (AfDB) to discuss slum development projects in Egypt in cooperation wit...
Egypt, Portugal Discuss Enhancing Bilateral Trade
6/11/2016 - Minister of Trade and Industry Tareq Qabil held talks with the Portuguese Ambassador in Cairo on means to increase joint trade and investment projects between both countries during the coming stage.
Tarek Qabil: French Company Seeks to Establish Car Assembly Factory
Tarek Qabil: French Company Seeks to Establish Car Assembly Factory 6/13/2016 - A French automobile company seeks to establish a car assembly factory in Egypt in the coming period, where the local component will be represented with a high percent, Trade and Industry Minister Tare...
32 Ships Transit Suez Canal
6/20/2016 - Thirty-two ships transited the Suez Canal on 19/6/20016, with a total cargo of two million tons. The south-bound convoy included 14 vessels carrying one million tons, while the north-bound convoy incl...

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