investment

Egypt pays off $2.2 bn as part of scheduled $4.5 bn oil debt
Egypt

Egypt pays off $2.2 bn as part of scheduled $4.5 bn oil debt

Egypt succeeded over the last three weeks, in paying off $2.2 billion dollars from oil debts dedicated to international oil…
China vows to adhere to Paris climate deal
World

China vows to adhere to Paris climate deal

China will “steadfastly” implement the Paris climate pact, Premier Li Keqiang said Thursday, urging others to do likewise as US…
International Cooperation Minister Sahar Nasr discusses investment with China’s CTGN Arabic
Business

International Cooperation Minister Sahar Nasr discusses investment with China’s CTGN Arabic

The Belt and Road Forum, an investment forum organized by the Chinese government, hosted Egypt’s International Cooperation Minister Sahar Nasr…
Softbank-Saudi tech fund becomes world’s biggest with $93 billion of capital
Business

Softbank-Saudi tech fund becomes world’s biggest with $93 billion of capital

The world’s largest private equity fund, backed by Japan’s Softbank Group and Saudi Arabia’s main sovereign wealth fund, said on…
Saudi Arabia to increase investment in Egypt up to $51 bn
Business

Saudi Arabia to increase investment in Egypt up to $51 bn

The Saudi-Egyptian Business Council plans to increase investments by both the Saudi government and private sectors in Egypt to reach…
ILO delegation visits Egypt to review recent labor legislation
Egypt

ILO delegation visits Egypt to review recent labor legislation

A delegation from the International Labor Organization paid a visit to Egypt on Saturday to review recent labor legislation –…
Parliament approves investment bill in principle
Egypt

Parliament approves investment bill in principle

The House of Representatives approved in principle on Tuesday the draft investment law submitted by the Cabinet, amid disagreements between…
Egypt mulls granting residence permits to foreigners in return for bank deposits
Egypt

Egypt mulls granting residence permits to foreigners in return for bank deposits

The National Defense and Security Committee of the House of Representatives approved on Thursday a draft law submitted by the…
Egypt ranks 3rd most attractive investment destination in Africa: report
Economy

Egypt ranks 3rd most attractive investment destination in Africa: report

Egypt was ranked as the third most attractive investment destination in Africa by Quantum Global, an Africa-based investment management firm, according…
1,741 new companies established in March: official report
Business

1,741 new companies established in March: official report

The General Authority for Investment and Free Zones announced that 1,741 new companies were established in March with a total…
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