investment

Ghonim urges the international community to invest in Egypt
Business

Ghonim urges the international community to invest in Egypt

Washington--The Google Inc. executive who helped spark the Egyptian revolt invited Americans to visit Egypt and urged the world Friday…
Bedouins urge Sinai development, land ownership
Egypt

Bedouins urge Sinai development, land ownership

Several Sinai Bedouins have called on the Egyptian government to immediately undertake a project to develop Sinai and ease restrictions…
Saudi businessmen plan LE100 bn in Egypt investments
Business

Saudi businessmen plan LE100 bn in Egypt investments

Saudi investors are planning to invest LE100 billion in Egypt over the coming period, in a step to maintain Saudi…
Egypt could be catalyst for MENA investment withdrawal
Business

Egypt could be catalyst for MENA investment withdrawal

London--Mass protests in Egypt, one of the darlings of African and Middle Eastern investors, sharply increase the risks that international…
Nestle ups Egypt investment in emerging market push
Business

Nestle ups Egypt investment in emerging market push

Nestle, the world's biggest food group, will invest about 1 billion Egyptian pounds in Egypt over the next three years…
African Development Bank allocates funds for projects in Egypt
Business

African Development Bank allocates funds for projects in Egypt

The African Development Bank has allocated US$1 billion for the finance of infrastructure projects in Egypt in 2011, bank resident…
Govt grants new steel-manufacturing licenses to four companies
Business

Govt grants new steel-manufacturing licenses to four companies

Port Said National Company for Steel, Minya's IIC for Steel Plants Management, 6 October's Al-Marakbi and Assiut’s Al-Wataniya have all…
Negotiations for purchase of Omar Effendi from Saudi owner still ongoing
Business

Negotiations for purchase of Omar Effendi from Saudi owner still ongoing

Negotiations for the sale of stake in iconic Egyptian department store Omar Effendi to an Egyptian
Egypt eyes LE1.2 trillion for private sector investment
Business

Egypt eyes LE1.2 trillion for private sector investment

Egypt aims to increase private sector investment to LE1.2 trillion within the next five years, according to Minister of Trade…
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