Latest in Tag: Investment Highlight
Latest in Tag: Investment
Asset management firms discuss stimulating institutional investment in Egypt’s capital market
Paper identifying proposals to support market will be submitted to Financial Regulatory Authority within two weeks
Egyptian government discusses investment plans for FY 2021/22
Egypt increases public investments by 38% in FY 2020/21: Hala El-Said
Hermes predicts favourable Egyptian investment climate after boosting bank regulations
Banking sector is Egyptian economy’s ‘main guardian’, says Colliers International Country Director
AIH to split into 2 separate holding companies by Q1 2022
Company to securitize UE’s EGP 1.5bn portfolio by end of Q1 or early Q2 2021
Egypt organises training workshop on South Sudan investment
Workshop was organised by Egypt’s GAFI and Foreign Ministry, and South Sudan’s Investment Ministry
Egypt, Saudi Arabia discuss activation of joint investment fund
Egyptian government is keen to ensure the fund’s success, says Egypt’s Prime Minister
Egyptian government aims to increase investment for e-waste recycling
The Ministry of Environment is putting the finishing touches on the system for collecting, mechanising, and governing waste by technological means.
Aswan to offer 25 investment opportunities worth EGP 15bn before year end
Speaking to Daily News Egypt, Amin said that the investment cost of these projects is estimated at EGP 15bn. These investment opportunities will be offered in the heart of Aswan city, and in strategic locations to serve the other areas of the governorate.
12.7% interest rate sees TMG’s Al-Rehab bonds deemed safe investment
The coupon return was due and collected by bondholders on 10 June 2020, while the bonds mature in August 2021.
Investment in girls’ education could see 10% GDP growth in EMs by 2030: Report
Eradicating all barriers to girls’ development will be pivotal in post-COVID-19 recovery, attainment of UN SDGs
Real estate expansion creates hospitality, tourism sector investment opportunities: EJB
The Egyptian consumer’s shifting demographics and lifestyle plays a crucial role in the growth of a city. Not only is the quality of the apartment or villa important, but it is the basic community elements that complete a society and which are a bonus for buyers. This includes the availability of targeted convenience stores, food and beverage (F&B) venues, medical services, and schools.
Trade Minister presents Egyptian investment opportunities at UAE forum
Egypt aims to establish 14 fourth-generation cities to increase urban expansion
Farmer investment loans decline 2.3% to EGP 13.8bn in FY 2018/19: CAPMAS
In its annual bulletin of agricultural sector cooperative activity in FY 2018/19, published on Tuesday, CAPMAS indicated that short-term loans reached EGP 6.2bn. The figure reflected a decrease of 19.9% compared to EGP 7.7bn in FY 2017/18, due to a 24.8% decrease in livestock loans.
Odin eyes EGP 1bn stock market investment through new fund
Company expects to complete procedures, obtain FRA approval for incorporation within next month
EIB grants €1.9bn to support Egypt’s public transport, business investment
The EIB has approved €16.6bn of new financing for projects across Europe and around the world. This includes over €10bn of coronavirus-related investment to improve public health, strengthen public services, and back investment by companies in sectors hit by the pandemic.
Housing Ministry allows construction schedule adjustments for new city investment lands
Facilities include extending construction period for additional three months without penalties
1.2% increase in foreign employees in private, investment sectors during 2019
Of this figure, 81.8% were male workers, accounting for 12,236 of the total, with 2,714 female workers, or 18.2%. These figures compared to the 14,777 foreign employees reported in these sectors in 2018.
Parliament approves $1.74m WB grant for project investment environment improvements
Approval also given to 3 financing agreements with EIB, worth €122.7m, in sanitation, transportation sectors
Egypt’s government investment expenditures up EGP 80bn in FY 2020/21
Next budget of New Urban Communities Authority will also be increased
Egypt ranks regional first as EGP 162bn worth of securities issued in 2019
Insurance premiums increase by 19.3% to reach EGP 35.2bn in same year
Raya Holding receives investment, acquisition offers for Bareeq Tech
In a press statement on Tuesday, Raya Holding added that the investment offers were aimed at accelerating the company’s growth process and increase its business volume. The acquisition bids came as part of efforts for a partial or total share in the company.
FRA finalises Sukuk regulations’ amendments, paving the way for promising investment
several companies want to issue sukuk in 2020, including real estate investment, services, agricultural reclamation
Noon Academy receives $8.5m investment
Noon Academy is a learning platform which includes a mobile application and a website for teaching academic curricula. It provides online classes for elementary, preparatory and secondary levels in all subjects.
CBE starts EGX investment, raises hope of rebound
EGX 30 index closed at 9,912.98 points, recording an increase of 7.68%. EGX70 EWI index posted 14.15% gain concluding the session at 959.42 points, while the S&P index rose by 8.46% and concluded the session at 1,379.63 points.
Prescription for Investment
The EU Bank is already in contact with companies and organisations seeking to fund the search for COVID-19 vaccines and medication
Egyptian expats have an appetite for investment in tourism, pharmaceutical, education sectors: Ayman Soliman
Every EGP 1 injected into The Sovereign Fund of Egypt brings 10-fold from investors
Gaston debuts truck-to-tank gas transfer in Egypt with EGP 150m investment
Company starts constructing 6 giant mobile tankers with different capacities
El Said, Hussein Alamoudi discuss investment opportunities in Egypt
HSSAG proposes implementation of waste-to-energy project
Egyptian business delegation visits France to promote investment opportunities
Elsewedy Electric, Business France sign MoU to enhance bilateral cooperation
Egypt, Switzerland sign 3 MoUs in investment, higher education, public enterprises
Swiss delegation visits STA, Hero’s factory