investment ministry

Egypt advances 6 places on World Bank Doing Business 2020 report
Business

Egypt advances 6 places on World Bank Doing Business 2020 report

Egypt advanced on the World Bank’s Doing Business 2020 report six places, ranking 114th out of 190 countries. The ranking…
Egypt to send new investment law to cabinet next month
Egypt

Egypt to send new investment law to cabinet next month

A draft of a new investment law will be sent to the Egyptian cabinet next month, Investment Minister Dalia Khorshid…
State-owned oil, banking and electricity firms to be privatized: Investment Ministry
Business

State-owned oil, banking and electricity firms to be privatized: Investment Ministry

The Egyptian government will target state-owned firms in the banking, petroleum and electricity sectors for the first wave of its…
Investment Ministry to restructure 125 businesses
Business

Investment Ministry to restructure 125 businesses

The assets management committee, headed by Investment Minister Ashraf Salman, has decided to stop the sale of productive assets or…
Protests return to vicinity of Cabinet headquarters
Egypt

Protests return to vicinity of Cabinet headquarters

Protests returned to the vicinity of the Cabinet headquarters on Wednesday despite strict security measures in downtown Cairo following the…
Minister allegedly fired staffer for hosting Tamarod
Egypt

Minister allegedly fired staffer for hosting Tamarod

A state ministry staffer has claimed Investment Minister Yehia Hamed sacked him because he allowed opposition groups to hold conferences…
Govt settles with Saudi investor over Mall of Arabia dispute
Egypt

Govt settles with Saudi investor over Mall of Arabia dispute

The Egyptian government has reached a settlement with a Saudi-owned firm over a work dispute at Mall of Arabia in…
Through special office, government to protect Saudi investors
Business

Through special office, government to protect Saudi investors

In what appears to be a last-ditch effort for the government to settle several high-dollar deals domestically instead of paying…
Egypt still considering free trade zones on Gaza border, says official
Egypt

Egypt still considering free trade zones on Gaza border, says official

  The Cabinet is still considering the creation of three free trade zones in Sinai along the Gaza border, said…
Future of ministry of investment unknown following Mohie Eddin’s appointment to the World Bank
Egypt

Future of ministry of investment unknown following Mohie Eddin’s appointment to the World Bank

Investment Minister Mahmoud Mohi Eddin is scheduled to start his new job as managing director of the World Bank in…
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