Reducing US aid to Egypt has no negative impact on investment

Ambassador Gamal Bayoumi, secretary general of the Arab Investors Union, and former Assistant to the Minister of Foreign Affairs said that Egypt would not...

“Boosting Investments in the Mediterranean” Conference yields signing 3 future projects

On 13 September 2017, on the sidelines of the inauguration of the “Boosting Investments in the Mediterranean” Conference organised by EIB in collabouration with...

Suez Canal Bank is soon to finalise its strategy

The new board of directors of the Suez Canal Bank, headed by Hussein El-Refaie, will complete preparing the bank’s strategy and work plan for...

US companies to increase investments in Egypt

Minister of Investment and International Cooperation Sahar Nasr met on Friday with representatives of General Electric, AbbVie pharmaceuticals, Johnson, Cargill, Merck & Co. pharmaceutical...

Egypt’s non-petroleum exports up to USD 13.8 billion in 8 months

Egypt’s non-petroleum exports increased by about 9.3 percent in the period between January and August 2017 to record 13.889 billion dollars, compared to 12.698...

Egypt targets being a regional energy production hub

It is worth noting that the investment atmosphere in Egypt is flourishing after signing several agreements with several international institutions and investors. Regarding foreign investments, the Ministry...

Egyptian President Abdel Fattah El-Sisi visits China and Vietnam

The BRICS group of five emerging economies (Brazil, Russia, India, China and South Africa) held their 9th summit in the Chinese city of Xiamen...

Egypt faces terrorism with economic and social development

A newly released report by the Arab African International Bank that has been released in cooperation with Bloomberg channel has announced that the decision to...

AFDB approves $55m loan for 3 solar PV projects in Egypt

The African Development Bank (AfDB) Group approved three major loans worth $55m in order to finance three solar PV projects. This comes under the...

A vision for developing investment in Egypt

The Egyptian Federation of Investors Associations gear up to materialize returns on infrastructure developments and new investments industrial laws implemented by the government. The...

Egypt’s bank deposits rise 43% in May

The data of the Central Bank of Egypt (CBE) showed a rise in total bank deposits during May 2017, by 43% year-on-year. Deposits amounted to...

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President El-Sisi launches the New Administrative Capital with Copts and Muslims prayers

President, along with religious, military and int’l dignitaries, witnessed the ceremony to inaugurate Nativity of Christ Cathedral and Al-Fattah Al-Alim Mosque. As a true...

Egyptian explosives expert killed defusing a bomb near church in Cairo

An Egyptian police officer was killed on Saturday while attempting to defuse a improvised bomb found near a church in an eastern...

MEO was awarded the best at Hilton’s Media Event!

Hilton Zamalek organized a recognition Media Event to honor the Egyptian Media and Press for their usual support in promoting Hilton Zamalek...
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