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Investment News in Egypt

3 New Water Plants Established at cost of EGP 26 mln
8/6/2017 - Head of the Holding Company for Water and Wastewater (HCWW) in Qena Sayed Mahmoud Rabie said that the company had accomplished the construction of three water plants in the Upper Egypt governorate.
Nasr confers with ADM officials on investment opportunities
Nasr confers with ADM officials on investment opportunities 9/2/2017 - Investment and International Cooperation Minister Sahar Nasr met with officials from Archer Daniels Midland (ADM), an American global food processing and commodities trading corporation, to discuss ne...
Trade between China, Egypt exceeds dlrs 6 bn
9/2/2017 - Trade between China and Egypt hit dlrs 6.098 billion during the period from January to July 2017, down 11.10 percent a year-on-year, official Chinese figures have showed.

The Chinese export...
British trade delegation to visit Egypt in Sept
9/3/2017 - A British trade delegation is set to visit Egypt this month to explore increasing investments in different sectors, British ambassador to Egypt John Casson said in a press statement on Sunday, state-r...
Egypt Reforms Enhanced Forex Reserves, Investments
9/10/2017 - Recently-taken economic reforms in Egypt have enhanced foreign exchange reserves and investments, an international report issued by the Arab African International Bank and Bloomberg said .

Th...
Egypt: Nasr Discusses with Swiss Ambassador Economic Cooperation
Egypt: Nasr Discusses with Swiss Ambassador Economic Cooperation 10/22/2017 - Investment and International Cooperation Minister Sahar Nasr discussed with Swiss Ambassador in Cairo Paul Garnier ways to promote economic cooperation.

The meeting also tackled increasing Sw...
Egypt: sherif Ismail Projects Costing Hundreds of Millions to Be Inaugurated Nationwide
Egypt: sherif Ismail Projects Costing Hundreds of Millions to Be Inaugurated Nationwide 10/29/2017 - Prime Minister Sherif Ismail said terrorism targets obstructing development and that Egyptians should be unified to face it.

Ismail affirmed that a number of projects costing hundreds of mi...
Egypt Economy Likely to Remain Unshaken By Sinai Attack
11/28/2017 - The mosque attack in Egypt’s Sinai may only strengthen the view that the country needs continued IMF support as agreed a year ago and the economy is likely to quickly shake off any negative repercussi...
Egypt: Acting PM Probes with World Bank Group Vice President Enhancing Joint Coop.
12/12/2017 - Acting Premier and Housing Minister Moustafa Madboli discussed with the World Bank Group Vice President Hafez Ghanem and his accompanying delegation means of promoting cooperation between Egypt and th...
Egypt: Industry Minister: Relations between Egypt, Mercosur to Witness Great Leap in Coming Phase
Egypt: Industry Minister: Relations between Egypt, Mercosur to Witness Great Leap in Coming Phase 12/18/2017 - Economic relations between Egypt and the Mercosur will see a quantum leap during the upcoming phase, Trade and Industry Minister Tareq Qabil asserted .

The announcement came following a recen...
Egypt Presents Voluntary Review of Its Sustainable Development at UN
7/18/2018 - Egypt presented its Voluntary National Review (VNR) on Sustainable Development Goals (SDGs) implementation during the 2018 session of the UN High-level Political Forum on Sustainable Development (HLPF...
IMF: Egypt Overcame Most Difficult Stage of Economic Reform
8/5/2018 - Egypt has overcome the toughest phase in its economic reform program, International Monetary Fund (IMF) Executive Director Hazem Beblawi said, adding the next stage will be easier.

On the sid...
Egypt's Sisi Witnesses Signing Of $18 Billion In Contracts With Chinese Companies
9/2/2018 - Egyptian President Abdel-Fattah El-Sisi witnessed on Sunday in Beijing the signing of a number of contracts with Chinese companies to implement development projects in Egypt with an investment worth o...
Dollar Maintains Prices Against Egyptian Pound
9/2/2018 - The US Dollar exchange rate saw stable prices against Egyptian Pound in several Egyptian banks with average of LE17.80 .

According to the latest updates, the dollar’s prices remained at LE17....
Egypt Realized Unprecedented Development under Sisi
10/30/2018 - President and Chief Executive Officer of Siemens AG Joe Kaeser said Egypt under the leadership of President Abdel Fattah El Sisi achieved unprecedented development, especially in the infrastructure do...
Telecom Egypt (WE) Revenues Hit EGP 17.4bn in Nine Months
11/15/2018 - Telecom Egypt (WE) revenues hit EGP 17.4 billion from January to September 2018, a 32 percent uptick in comparison with the same period last year.

The company said the number of mobile phone ...
Egypt’s Total Public Investments Record EGP 72 Bln in Q1
12/1/2018 - Egypt’s total public investments during the first quarter of the 2018/2019 fiscal year have registered EGP 72 billion, with government investments of about EGP 27.4 billion, Minister of Planning, Moni...
Cairo, KFAED Sign 2 Deals worth EGP 2.28bn on Sidelines of Africa 2018 Forum
12/8/2018 - Cairo and the Kuwait Fund for Arab Economic Development (KFAED) signed two deals to establish a water system for Bahr el Baqar canal and to finance setting up water desalination plants in South Sinai...
PM Attends Signing of Agreement With European Bank
1/9/2019 - PM attends signing of agreement with European Bank for Reconstruction and Development on drain purification

Egypt's Prime Minister Moustafa Madbouly attended the signing of an agreement to ...
Housing Minister, Swedish Ambassador Discuss Transport Projects in New Cities
3/1/2019 - Minister of Housing Assem El Gazzar has discussed with Swedish Ambassador in Cairo Jan Thesleff and Volvo company's officials means to boost cooperation between the two sides in the sustainable and sm...

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