Latest in Tag: Investment Highlight
Latest in Tag: Investment
Paper identifying proposals to support market will be submitted to Financial Regulatory Authority within two weeks
Egypt increases public investments by 38% in FY 2020/21: Hala El-Said
Banking sector is Egyptian economy’s ‘main guardian’, says Colliers International Country Director
Company to securitize UE’s EGP 1.5bn portfolio by end of Q1 or early Q2 2021
Workshop was organised by Egypt’s GAFI and Foreign Ministry, and South Sudan’s Investment Ministry
Egyptian government is keen to ensure the fund’s success, says Egypt’s Prime Minister
The Ministry of Environment is putting the finishing touches on the system for collecting, mechanising, and governing waste by technological means.
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.
The coupon return was due and collected by bondholders on 10 June 2020, while the bonds mature in August 2021.
Eradicating all barriers to girls’ development will be pivotal in post-COVID-19 recovery, attainment of UN SDGs
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.
Egypt aims to establish 14 fourth-generation cities to increase urban expansion
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.
Company expects to complete procedures, obtain FRA approval for incorporation within next month
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.
Facilities include extending construction period for additional three months without penalties
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.
Approval also given to 3 financing agreements with EIB, worth €122.7m, in sanitation, transportation sectors
Next budget of New Urban Communities Authority will also be increased
Insurance premiums increase by 19.3% to reach EGP 35.2bn in same year
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.
several companies want to issue sukuk in 2020, including real estate investment, services, agricultural reclamation
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.
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.
The EU Bank is already in contact with companies and organisations seeking to fund the search for COVID-19 vaccines and medication
Every EGP 1 injected into The Sovereign Fund of Egypt brings 10-fold from investors
Company starts constructing 6 giant mobile tankers with different capacities
HSSAG proposes implementation of waste-to-energy project
Elsewedy Electric, Business France sign MoU to enhance bilateral cooperation
Swiss delegation visits STA, Hero’s factory