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Investment News in Egypt

Electricity Min: We Depend on New Energy to Secure National Needs Around The Clock
7/3/2024 - Egypt’s Electricity Minister Mahmoud Esmat underlined the importance of depending on new and renewable energy that will help secure national needs around the clock.

He also underscored the ...
PM Follows Up on Final Arrangements for Economic Conference
10/18/2022 - Prime Minister Moustafa Madbouli headed a meeting on to follow up on the final arrangements for an economic conference due on October 23-25.

The meeting was attended by Planning and Economi...
Egypt's Economic Reforms Are Robust, Entrepreneurship Needs More Incentives
1/30/2020 - Currently the government and external relations manager and deputy country chair for Shell Egypt, Moataz Darwish believes that the economic reform programme Egypt has adopted since 2016 is robust, pav...
Misr Insurance Holding Company's Net Profits Record EGP 4 Bln, Largest in Its History
1/13/2020 - Misr Insurance Holding Company has achieved net profits of EGP 4 billion with a growth rate of 22.5 percent in FY2018/2019, which are the largest profits in the company's history, while the state’s sh...
Egypt's Prime Minister we are on right track towards development
11/27/2019 - Prime Minister Mostafa Madboli said that all indications show that Egypt is on the right track towards development.

Interviewed by CNN, the premier added that the country managed to overcome ...
Egypt’s Bourse Suspends Trading for the First Time in Three Years
9/22/2019 - For the first time since 2016, Egypt’s stock exchange suspended trading for 30 minutes after the EGX 100 index fell by 5 percent, according to Egypt’s bourse data.

Head of the technical a...
Egypt's Global Exports Increase to $29.2 Bln in 2018
9/17/2019 - Egyptian exports to the global market recorded an increase of 32.7 percent to hit $29.2 billion in 2018, up from $26.3 and $22.5 billion in 2017 and 2016, respectively, the cabinet media centre said ....
Egypt & Canada Discuss Boosting Trade Economic Cooperation
7/18/2019 - Egypt’s ambassador to Canada Ahmed Abu Zeid discussed with head of the Business Council of Canada Goldy Hyder means of boosting investments, trade exchange, and economic cooperation between the two c...
El Saeed Delivers a Speech in High-Level Political Forum on Sustainable Development
7/18/2019 - Minister of Planning, Monitoring and Administrative Reform, Hala El Saeed delivered the national speech during her representation on Egypt in the High-Level Political Forum for Sustainable Development...
El-Saeed: Gov't encourages unregistered companies to merge into official economy
7/18/2019 - Minister of Planning Hala el Saeed said the government is working to encourage unregistered companies and projects to merge into the national economy.

The effort exerted aimed at merging the ...
Assistant FM Mulls Promotion of Coop. With S.Korea
6/20/2019 - Assistant Foreign Minister for Asian Affairs Ambassador Hani Selim probed with South Korea’s Deputy Foreign Minister for Economic Affairs Yun Kang-hyeon means to promote bilateral ties in all fields.<...
Trade Minister Extends Fees on Crust Leather Exports for 1 Year
4/21/2019 - Trade and Industry Minister Amr Nassar has extended fees on crust leather exports for one year to start May 2.

The decision is meant to meet local demands for crust leather, said Dr Amany e...
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...
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 ...
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...
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...
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 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...
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....

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