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No timeframe provided for when the investments will be pumped
Creation of Suez Canal is a catalyst to build a new tourism hub, and Ain Sokhna particularly in the immediate future, says Head of Hotels (MENA) at Colliers International
Egypt is targeting to reach $10bn in FDI over current fiscal year
Ashmore Group looks forward to investments in Egypt, says Middle East director at Euromoney Conference
Egyptian government is aiming to achieve better results in upcoming three years, says Salman
Firm’s current issued capital evaluated at EGP 4.019bn, set to reach EGP 4.619bn with increase
British investors demand fair treatment from government, competition to be opened up in private sector, says Casson
The new canal will be established to increase the Suez Canal’s capacity to 97 passing ships per day, up from the current rate of 49 per day.
Stock exchange tax must be stopped to deepen the market, executive regulation of investment law to be ready within a month, says Salman
52 countries participating in Economic Summit in Sharm El-Sheikh, UAE and US largest participating delegations
I aim to bridge the understanding and the inclusion of small and medium enterprises [SMEs] in the Egyptian market:
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Egyptian asset management, corporate finance and investment banking firm, Cairo Financial Holding (CHF), has raised its growth forecasts for Egypt’s GDP. The firm said that in the current fiscal year, GDP will be 3.7%, up from its 2.8% predictions in June 2014, as it noted increased foreign direct investment (FDI) and government measures towards bolstering …
Political instability in Egypt and other Arab countries had negative effect on non-oil manufacturing activities
The minister of investment discussed the Investment Law saying that its core change is what is called the “one-stop shop”.
By Omar El-Shenety No doubt that Egypt has witnessed very rough years since the 25 January Revolution. The economy has been brought to its knees, and now faces stagnation. Growth has stopped at 2% since the revolution, and the government budget deficit scored record levels. Tourism and Foreign Direct Investment (FDI), key sources for foreign …
Ashraf Salman says energy investment is top priority
Hisham Zaazou says that if security, judicial and economic authorities approved the project, it can be sent to the cabinet for ratification
Government conducts broad international talks to revive confidence in Egyptian economy threatened by political turmoil
Sisi offers the hope of relief from three years of political turmoil that began with the Arab Spring uprising, even though he was the man who toppled Egypt’s first freely-elected president, Islamist Mohamed Morsi.
World Bank economists say gains from the government’s two economic stimulus packages will be small, short lived
Exhibition will be attended by the Minister of Housing Ibrahim Mahlab along with the industry’s key decision-makers in the sector to discuss FDI
Egypt’s economy began to stabilise in late 2013, helped by billions of dollars in aid that Gulf countries began to extend once the Islamist President Mohamed Morsi was ousted last July.
Ministry of International Cooperation outlines economic picture since 25 January Revolution in new report
By Farah Halime One of the key markers of a thriving economy is whether investors are committed. For Egypt, attracting investors has remained a point of contention in the last three years – are they or are they not putting money in Egypt? Marshall Stocker, an American venture capitalist, was among a band of businessmen drawn …
Foreign direct investment in Q3 increased nearly fivefold over Q2, according to Central Bank of Egypt figures.
Following the revolution, the Egyptian economy registered lower growth rates compared to the pre-revolution average, recording 1.8% in the fiscal year of 2011-2012. The rate rose minimally to 2.2% in 2012-2013.
Investors report that it can take several weeks for legitimate transfers to be executed
A report by Ernest & Young states Egypt receives about 10.5% of Africa’s foreign investment