AFDB approves $55m loan for 3 solar PV projects in Egypt
The African Development Bank (AfDB) Group approved three major loans worth $55m in order to finance three solar PV projects. This comes under the...
A vision for developing investment in Egypt
The Egyptian Federation of Investors Associations gear up to materialize returns on infrastructure developments and new investments industrial laws implemented by the government. The...
Egypt’s bank deposits rise 43% in May
The data of the Central Bank of Egypt (CBE) showed a rise in total bank deposits during May 2017, by 43% year-on-year.
Deposits amounted to...
The new Egyptian industry law: facilitating business flaw and eliminating industrial investment obstacles
Minister of Industry and Trade Tareq Kabil announced the issuance of the bylaws of Law no.15 of facilitating the procedures of licensing industrial establishments....
El-Sisi reviews contract on Dabaa nuclear power plant with head of Rosatom
President Abdel-Fattah El-Sisi received on Sunday the new head of the Russian State Atomic Energy Corporation Rosatom, Alexei Likhachev, expressing Egypt's keenness to finalise...
Egypt launches the new investment law with strong market indicators
The cabinet has approved, under Premier Sherif Ismail, the final draft of the executive regulations of the new investment law. At a press conference on...
Egypt and Tanzania set bilateral cooperation on track
In his African tour visiting Tanzania, Rwanda, Chad, and Gabon, Egyptian President Abdel Fattah El- Sisi arrived in Tanzania's capital on Monday for a...
Egypt secures $10bn FDI target this year- Minister
Egypt may exceed its $10 billion target for foreign direct investment this year as the depreciated pound reduces the cost of conducting business in...
Inauguration of Mohamed Naguib Military Base: Reportedly the largest in the Middle East
In an unprecedented ceremony, President Abdul Fattah El-Sisi launched Mohammed Naguib military base in El Hammam city west of Alexandria last Saturday.
According to Al...
Egypt’s development projects between the sore eyes and the arms of the builders
By Sherif Abdel Ghaffar
I read an article for an expat who used to live in Egypt from 2002 till 2014, this writer apparently also...
1500 Romanian companies work in Egypt in gas, electricity, transport and construction sectors
Dr. Ahmed Al-Sukari, Vice Chairman of the Egyptian-Romanian Business Council said that the council aims to increase Egyptian investments to Romania to reach about...
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Al Molla inspects the Suez Methanol Derivatives Plant in Damietta
Minister of Petroleum and Mineral Resources Tarek Al Molla has inspected the construction work of the Suez Methanol Derivatives Plant in Damietta...
Petroleum Marine Services Company (PMS) Profits increase 28% in 2023
Minister of Petroleum and Mineral Resources, Eng. Tarek El Molla has attended remotely the general assembly of Petroleum Marine Services Company (PMS) which...
Misr Maintenance Company achieves EGP 8.8 bn revenues
The General Assembly of the Misr Maintenance Company was held on Sunday, March 31, where the results of the company’s work for...