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Investment News in Egypt

Egypt, Britain Discuss Investment Opportunities
1/20/2015 - Investment Minister Ashraf Salman held a meeting with UK Foreign Office Minister for Middle East Tobias Ellwood to discuss investment opportunities in Egypt.

Salman attended a work lunch wi...
Respects Right to Protest but Warns Of Harm to Economy
1/20/2015 - President Abdel Fattah al-Sisi said on Tuesday people in Egypt have the right to demonstrate but cautioned that protesting now could cause more harm to the country's battered economy.

Human...
Egypt Economy to Witness Significant Improvement
1/21/2015 - Oxford Business Group, a global consultancy producing annual economic reports, expressed hope toward signs that heralded a significant improvement of the Egyptian economy in 2015.

The firm...
Global Growth to Decrease despite Drop in Oil Prices
1/21/2015 -  Although global growth does receive a boost from lower oil prices, it is more than offset by negative factors in many advanced and emerging market economies, the International Monetary Fund (IMF) ind...
El-Sisi to Attend Economic Forum in Davos
1/21/2015 - Egyptian President Abdel-Fattah El-Sisi is to fly on Wednesday to Switzerland to attend the World Economic Forum in the Davos.

His participation as president of Egypt in the 45th annual eve...
Investment Minister Blames Economy Decline on Energy
1/22/2015 - A flawed system of the generation and distribution of energy was the basic reason behind the deterioration in Egyptian economy over the recent years, Minister of Investment Ashraf Salman told the Dail...
Egypt, Morocco Discuss Beefing Up Ties
1/22/2015 - President Abdel Fattah Al-Sisi and Morocco's King Mohamed VI have discussed on Tuesday 20/1/2015means to beef up bilateral ties.

Presidential spokesman Alaa Youssef said the two leaders agr...
Sisi Ratifies Local Product Preference Law
1/22/2015 - President Abdel Fattah El Sisi ratified a law on the preference of Egyptian industrial products in governmental contracts.

The law requires government agencies and state-owned enterprises t...
Drop of Russian Ruble Hammers Egyptian Tourism
1/24/2015 - The Tourism Ministry decided last Thursday to exempt the Russian tourists from paying the US$25 Egyptian visa in order to promote Russian tourism after being hit by the sharp drop of the Russian Ruble...
Investment Minister Urges US Businessmen to Participate in Economic Conference
1/24/2015 - Minister of Investment Ashraf Salman has called on US businessmen to participate in the planned economic conference in Egypt, slated for March.

The remarks were made during a meeting with m...
1st Session of National Conference on Training for Employment Kicks off
1/26/2015 - The first session of the national conference on training for employment kicked off.

The session was attended by a host of ministers including the ministers of manpower, international cooper...
Egyptian-Lebanese Business Council to Promote Investments in Egypt
1/28/2015 - Chairman of the Federation of Egyptian Industries (FEI) Mohamed El-Sewedi said the Egyptian-Lebanese Businessmen Friendship Association meeting due on February 13, 2015 will aim at promoting the econo...
EGP 3bn to Finance Micro Enterprises
1/30/2015 - Social Solidarity Minister Ghada Wali said that the portfolio of financing the micro enterprises reaches EGP 3 billion. She added that 80% of this portfolio is from activities of associations.

...
Economic Conference in March Shows Egypt is Changing
1/30/2015 - Prime Minister Eng. Ibrahim Mahlab said that the economic conference that will be held in Egypt's Sharm El-Sheikh City in March will send a message to the world that Egypt is changing.

Mahl...
Package of Legislative Reforms to Woo FDI in Pipeline
2/2/2015 - Egypt's visiting Prime Minister Ibrahim Mahlab said Monday that his country is preparing a package of legislative reforms to lure more foreign direct investments (FDI) to breathe life into the ailing ...
Sisi Reviews Suez Canal Pevelopment Project
2/3/2015 - President Abdel Fattah Al-Sisi held on 2/2/2015 a meeting to review the main guidelines of the general plan for Suez Canal region development project.

In a press release, Presidential Spoke...
Egypt, MasterCard Sign Memo of Understanding
2/6/2015 - Prime Minister Ibrahim Mahlab attended the signing of a memo of understanding between the Communications Ministry and MasterCard on 05/02/2015.

The memo was co-signed by Communications Mini...
GAFI Chairman: 195 New Companies Established in Five Days
2/7/2015 - Chairman of the General Authority for Investment (GAFI) Hassan Fahmi said that 195 companies were established on February 1-5 at a total capital of 241 million pounds.

There are 147 compani...
Egypt, Italy Probe Economic Cooperation
2/7/2015 - Egyptian Foreign Minister Sameh Shoukri met with Italian Foreign Minister Paolo Gentiloni on the sidelines of Munich Security Conference.

The two sides discussed means of promoting relation...
Egypt's SODIC Says Plans about LE2.3 bn in Investments in 2015
2/9/2015 - SODIC, Egypt's third-largest listed property group, plans about LE2.3 billion ($301.64 million) in new investments in 2015, it said in a statement on Monday.

It said it would deliver 684 n...

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