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Investment News in Egypt

EGP 68.5m for Establishing 4 Plants in Qena
2/2/2014 - Qena governor Abdel Hameed al-Hagan approved the establishment of four new plants in the industrial zone in Qift and Nag Hammadi at a total cost of EGP 68.5 million.

Those plants would offe...
EGX Indexes up at End of Trading
2/4/2014 - The Egyptian Exchange (EGX) indexes went up at the end of 3/2/2015 trading on the backdrop of purchases by Arab and foreign individuals.

The EGX 30 benchmark index leapfrogged by 1.26 % to...
Abdel-Nour Inaugurates Business Forum in Paris
2/5/2014 - Trade and Industry Minister Abdel-Nour inaugurated on 4/2/2014 an Egyptian-French business forum with the participation of more than 45 French companies. Addressing the gathering, Abdel-Nour reviewed...
Egypt, Italy Discuss Water Cooperation
2/7/2014 - Italyis interested in boosting relations with Egypt especially in sewage treatment and drinking water fields, Minister of Irrigation Mohammed Abdel-Muttalib told the Middle East News Agency on 06/02/2...
Osama Saleh Urges More Investments by Holding Companies
2/17/2014 - Investment Minister Osama Saleh urged all holding companies of the public sector to pump new investments to their affiliates to retain the available markets and open new ones.

During meeti...
$4 bn-Foreign Investment by Late June
2/19/2014 - During the inauguration of the Egyptian Council for Sustainable Development, Investment Minister Osama Saleh said that the government is currently developing economic legislations required for promoti...
LE 400 mn Allocated to Support Agriculture Research Development Projects
2/19/2014 - A sum of LE 400 million has been allocated to support agriculture research development projects in the current year, Agriculture Minister Ayman Abu-Hadid said on 18/2/2014.

He stressed the ...
Nabil Fahmy Meets Representatives of Egyptian Companies in Tanzania
2/23/2014 - Foreign Minister Nabil Fahmy met on 22\\2\\2014 with representatives of the Egyptian companies working in Tanzania during his visit to the sub-Saharan African country.

He discussed with Egy...
Saudi Aujan Coca-Cola Plans $100 mln Fruit-Juice Factory in Egypt
2/25/2014 - Saudi Arabia's Aujan Coca-Cola Beverages Company plans to spend $100 million building a fruit-juice factory in Egypt over the next few years, a senior executive said on Monday, despite the challenges ...
Amendments Made to Egyptian Investment Law
2/26/2014 - New amendments were made to the investment law to offer guarantees in dealing with the government and ensure the government's respect to contracts, said Investment Minister Osama Saleh.

The...
Fresh Investments in Conference Tourism Worth EGP 50 million
3/1/2014 - Global Trade Matters (GTM) has signed a deal with the Smart Village in the field of conference tourism. Worth 50 million pounds, the contract with the Smart Village reflects a sense of national and so...
Trade Minister Starts Visit to UK
3/3/2014 - Minister of Trade, Industry and Investment Mounir Fakhry Abdel-Nour started on 2/3/2014 a visit to Britain heading a large delegation of businessmen.

The visit is meant to promote projects ...
CBE: Foreign Reserves Rose to $17.3bn
3/5/2014 - Foreign reserves rose to $17.307 billion by the end of February, up $202 million from the $17.105 billion recorded in January, the Central Bank of Egypt (CBE) said on 4/3/2014.

CBE Governor...
China Offers $25m Grant to Egypt’s Development Projects
3/9/2014 - Egypt and China signed on Sunday two agreements for technical and economic cooperation worth 25 million dollars.

As per the first agreement, China will offer a non-refundable grant of 150 m...
Jeddah Chamber of Commerce to Invest EGP 2.5bn in Egypt
3/11/2014 - Jeddah Chamber of Commerce and Industry (JCCI) will establish an EGP 2.5bn project in Egypt, according to Saleh Kamel, president of the Jeddah-based Islamic Chamber of Commerce, Industry and Agricultu...
SCCT to Invest $300m more in Egypt
3/17/2014 - The Suez Canal Container Terminal (SCCT), which operates in the East Port Said Harbour and has achieved a rise of 9% in container handling in 2013, plans to invest an additional $300m, Managing Direct...
Egyptian-Russian Talks on Trade, Economy, Investments
3/23/2014 - Preparatory meetings of the Egyptian-Russian commercial committee started in Moscow to discuss trade, economic and investment issues.

The activities will continue until March 26.

...
Russian Industrial Zone to be Established in Egypt
3/26/2014 - A Russian industrial zone focused on producing agriculture machinery and equipment will be established in Egypt, an official statement issued by the Egyptian Ministry of Industry and Foreign Trade sai...
LE 400 m Allocated to Establish Industrial Facilities in Shalateen
3/27/2014 - Head of the Industrial Development Authority (IDA) Mahmoud Al-Garf said procedures for the establishment of an industrial zone have started in Shalateen.

The place will occupy an area of 2 ...
USD 1.7 billion Value of Egyptian-Italian Partnership in Petrochemicals
4/5/2014 - Minister of Trade, Industry, and Investment Mounir Fakhri Abdel Nour announced on 04/04/2014 the signing of a cooperation agreement between an Egyptian company and an Italian opposite number as of nex...

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