investments
McDonald’s denies rumors about exit from Egyptian market
Egypt
December 30, 2022
McDonald’s denies rumors about exit from Egyptian market
Manfoods – McDonald’s Egypt has blatantly denied the recent rumors circulating on social media platforms about its intentions to exit…
Sawiris plans to establish four new hotels in Egypt
Economy
October 6, 2022
Sawiris plans to establish four new hotels in Egypt
Egyptian billionaire Naguib Sawiris plans to establish four hotels in Egypt, with investments ranging between US$200 and $300 million through…
Egypt signs on $20 million initiative to manufacture smartphones locally
Business
July 23, 2022
Egypt signs on $20 million initiative to manufacture smartphones locally
Egyptian Minister of Communications Amr Talaat conducted an inspection tour on Friday for the the new Vivo Telecom Technology Company…
Egypt, Procter & Gamble discuss expansion plans
Egypt
May 22, 2022
Egypt, Procter & Gamble discuss expansion plans
Egyptian Minister of Trade and Industry, Nevine Gamea, held talks on Sunday with the regional CEO of Procter & Gamble…
Saudi Arabia could invest $50 billion this year to boost oil capacity
World
March 21, 2022
Saudi Arabia could invest $50 billion this year to boost oil capacity
Dubai – Saudi Arabia’s state oil company Aramco, under pressure from the West to boost output amid soaring prices, pledged…
Greek group in talks with Egypt for investments in ship bunkering with LNG
Egypt
March 19, 2022
Greek group in talks with Egypt for investments in ship bunkering with LNG
The Ministry of Petroleum and Mineral Resources and the Greek Chandris (Hellas) Inc., which specializes in maritime shipping activities, met…
Japanese companies to inject new investments into Egypt, ambassador
Business
January 18, 2022
Japanese companies to inject new investments into Egypt, ambassador
The new Japanese ambassador to Cairo, Oka Hiroshi, said that there are new Japanese companies that have decided to pump…
Now latest member of Africa Finance Corporation, Egypt sees potential investments totaling $1 bn
Business
September 9, 2021
Now latest member of Africa Finance Corporation, Egypt sees potential investments totaling $1 bn
Egypt has become the latest member of the Africa Finance Corporation, opening up the path for potential investments tallying up…
Egypt’s ambassador to London and EBRD president discuss matters of cooperation
Business
April 11, 2021
Egypt’s ambassador to London and EBRD president discuss matters of cooperation
Egypt’s ambassador to London, Tarek Adel held a video conference with the President of the European Bank for Reconstruction and…
Egypt plans LE2.86 bn investments for Luxor during 2020/2021
Business
November 7, 2020
Egypt plans LE2.86 bn investments for Luxor during 2020/2021
Luxor will see 174 development projects with a total public investment of LE2.86 billion as part of the country’s investment…