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...

The new Egyptian industry law: facilitating business flaw and eliminating industrial investment obstacles

Minister of Industry and Trade Tareq Kabil announced the issuance of the bylaws of Law no.15 of facilitating the procedures of licensing industrial establishments....

El-Sisi reviews contract on Dabaa nuclear power plant with head of Rosatom

President Abdel-Fattah El-Sisi received on Sunday the new head of the Russian State Atomic Energy Corporation Rosatom, Alexei Likhachev, expressing Egypt's keenness to finalise...

Egypt launches the new investment law with strong market indicators

The cabinet has approved, under Premier Sherif Ismail, the final draft of the executive regulations of the new investment law. At a press conference on...

Egypt and Tanzania set bilateral cooperation on track

In his African tour visiting Tanzania, Rwanda, Chad, and Gabon, Egyptian President Abdel Fattah El- Sisi arrived in Tanzania's capital on Monday for a...

Egypt secures $10bn FDI target this year- Minister

Egypt may exceed its $10 billion target for foreign direct investment this year as the depreciated pound reduces the cost of conducting business in...

Inauguration of Mohamed Naguib Military Base: Reportedly the largest in the Middle East

In an unprecedented ceremony, President Abdul Fattah El-Sisi launched Mohammed Naguib military base in El Hammam city west of Alexandria last Saturday. According to Al...

Egypt’s development projects between the sore eyes and the arms of the builders

By Sherif Abdel Ghaffar I read an article for an expat who used to live in Egypt from 2002 till 2014, this writer apparently also...

1500 Romanian companies work in Egypt in gas, electricity, transport and construction sectors

Dr. Ahmed Al-Sukari, Vice Chairman of the Egyptian-Romanian Business Council said that the council aims to increase Egyptian investments to Romania to reach about...
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El Molla Witnesses Signing of Two Agreements for Brownfields in Gulf of Suez

Minister of Petroleum and Mineral Resources Eng. Tarek El Molla and ADES Drilling Company CEO Mohamed Farouk have witnessed the signing of...

ETHDCO achieves 109% of its production plan

Eng.  Tarek El Molla, Minister of Petroleum and Mineral Resources, witnessed via video conference the General Assembly meeting of the Egyptian Company...

Eng. El-mulla witnessed ENNPI’s General Assembly and approved business result of FY 2023

Eng. Tarek El Molla, Minister of Petroleum and Mineral Resources, stressed that the vision of development and modernization launched by the Ministry...