investments

Chinese Embassy issues security warning for Egypt travels
Travel

Chinese Embassy issues security warning for Egypt travels

The Chinese Embassy in Egypt issued a safety warning for Chinese tourists on Sunday as Egyptian investigators probe into a…
Japan’s economy posts longest expansion in a decade
Business

Japan’s economy posts longest expansion in a decade

Japan’s prospects have been improving on the back of strong exports, with investments linked to the Tokyo 2020 Olympics also…
Financial crisis over, 2018 to witness boom: CBE governor
Business

Financial crisis over, 2018 to witness boom: CBE governor

The financial crisis is over and 2018 will see a boom, said Governor of the Central Bank of Egypt Tarek…
Sisi says new industrial zone will be built in Ain al-Sokhna
Egypt

Sisi says new industrial zone will be built in Ain al-Sokhna

President Abdel Fattah al-Sisi said a new 200-million-square-meter industrial zone is currently being built in Ain-al Sokhna, stressing the need to…
30 projects worth $20 billion to be established in Suez Canal Economic Zone: official
Business

30 projects worth $20 billion to be established in Suez Canal Economic Zone: official

Egypt will establish 30 projects in the Suez Canal Economic Zone with investments totalling US$20 billion, said President of the Suez Canal…
Egyptian delegation in Washington next week to bring in new investments
Egypt

Egyptian delegation in Washington next week to bring in new investments

A group comprising members of the Egypt-U.S. Business Council (EUSBC) together with Board members of American Chamber of Commerce in…
Norway to invest $500 million in solar feed-in tariff program in Egypt in October
Business

Norway to invest $500 million in solar feed-in tariff program in Egypt in October

The Norwegian company Scatec Solar will push $500 million worth of new investments into the Egyptian market in October, according to a statement issued…
After Saudi king, China warmly welcomes Israel’s prime minister
Middle East

After Saudi king, China warmly welcomes Israel’s prime minister

China welcomed Israeli Prime Minister Benjamin Netanyahu on Monday just days after hosting Saudi Arabia's King Salman and the signing of deals…
Sahar Nasr, Naguib Sawiris discuss increasing local investments
Business

Sahar Nasr, Naguib Sawiris discuss increasing local investments

International Cooperation Minister Sahar Nasr and Naguib Sawiris, chairman of Orascom Telecom Media and Technology Holding, discussed increasing the business mogul's local…
Recyclobekia, first Egyptian e-waste recycler sells $2.4m worth of trash a year
Egypt

Recyclobekia, first Egyptian e-waste recycler sells $2.4m worth of trash a year

Becoming an entrepreneur does not always mean starting a multi-million peso company; sometimes it could be as simple as starting…
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