investment

$3.3 bn Disneyland-style theme park to open doors in Egypt
Egypt

$3.3 bn Disneyland-style theme park to open doors in Egypt

Martouh Governor Alaa Abu Zeid signed on Thursday an investment contract with the Entertainment World Company, for a joint US-Saudi…
Egypt sees growth for FY 2018-19 at 5.8 percent -minister
Economy

Egypt sees growth for FY 2018-19 at 5.8 percent -minister

Egypt is targeting economic growth of 5.8 percent in the financial year that will begin in July, Planning Minister Hala…
CBE warns against Bitcoin transactions
Egypt

CBE warns against Bitcoin transactions

The Central Bank of Egypt (CBE) warned against using virtual currencies, namely Bitcoin, due to the high risks involved, describing…
Parliament approves first preliminary bankruptcy law
Egypt

Parliament approves first preliminary bankruptcy law

In an effort to improve Egypt’s ranking as an attractive market for investment, theĀ Egyptian General Assembly in Parliament approved the…
Bitcoin hits new record high as warnings grow
World

Bitcoin hits new record high as warnings grow

Bitcoin blasted to another all-time high of just over $17,750 on Friday, up 8 percent on the day, as concerns…
Forbes celebrates 100-year anniversary by honoring Egyptian business innovators
Features/Interviews

Forbes celebrates 100-year anniversary by honoring Egyptian business innovators

Gathered in the luxurious setting of the Nile Ritz-Carlton Hotel sat some of the most brilliant minds in Egypt; upon…
US-Saudi consortium to invest $3bn in amusement park complex at Egypt’s Matrouh
Egypt

US-Saudi consortium to invest $3bn in amusement park complex at Egypt’s Matrouh

A consortium of unnamed US and Saudi companies are investing US $3 billion in an amusement park complex in the…
Is Egypt reaching its aspired economic goals 1 year after the currency float?
Features/Interviews

Is Egypt reaching its aspired economic goals 1 year after the currency float?

One year after Egypt took the dramatic step of floating its pound, inflation is still taking its toll on the…
Egypt signs $653 mn solar park deal with IFC led consortium, Egypt’s largest
Business

Egypt signs $653 mn solar park deal with IFC led consortium, Egypt’s largest

Egypt signed an agreement on Sunday for the construction of 13 solar-power plants in Aswan financed by a consortium led…
CBE governor meets with bank heads
Economy

CBE governor meets with bank heads

Governor of the Central Bank of Egypt (CBE), Tarek Amer, met held a meeting with bank heads, along with his…
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