Latest in Tag: investments Highlight
Latest in Tag: investments
Egypt’s economic reform improves macroeconomic stability, restores confidence: WB
Egypt’s reforms have yet to trigger a marked and sustained increase in non-extractives private investment and exports, said the World Bank report
Etisalat Misr to inject EGP 5bn new investments during 2021
COVID-19 has caused unprecedented rise in rates of electronic payment, says Etisalat Misr CEO
Egypt targets EGP 136.4bn investments in urban development during 2020/21
A ministerial report clarified that the urban development sector’s share in Egypt’s gross domestic product (GDP) at constant prices is expected to reach about EGP 706bn during 2020/21, with a growth rate of 4.7% over the previous year.
Egypt needs US Clean Network to attract more investments: Keith Krach
DFC to provide funding to countries wishing to convert their network to 5G technologies, says Krach
Drivu announces expansion after raising $1m in investments
Drivu is also distinguished by its facility to design a special service for each merchant in line with the nature of his work and his products.
CDC Egypt eyes further investments in Egypt as priority market
CDC invests in 29 companies that employ over 28,000 people, increasing its Egyptian portfolio to $146.6m as of Q1 2020 end
La Verde launches 2nd NAC project with EGP 2.5bn investments
The exhibition, which is scheduled for 1 to 4 October, will be inaugurated by Minister of Housing Assem El Gazzar.
New Alamein establishes reputation as diamond of investments in Egypt: City Edge
Private real estate developers have made recognised efforts in the sector, becoming a catalyst for rapid growth of fourth generation cities.
SCA investments stand at EGP 16.9bn in FY 2020/21: Planning Ministry
SCA is one of Egypt’s important foreign exchange inflows sources, generating revenues of $5.73bn in FY 2018/19, says Hala El-Said
Trade Minister, Japanese Ambassador discuss boosting Japan’s investments in Egypt
Preparations are underway to hold first edition of Egyptian-Japanese Business and Investment Committee, says Masaki Noke
New Valley receives EGP 4bn of Egypt’s investments in FY 2020/21: El-Said
Egypt’s Planning Minister discusses with New Valley Governor possible ways to attract new residents
Egypt’s investments to grow 5.5% in FY 2020/2021: FocusEconomics
The report, published this month, highlighted that Egypt’s Purchasing Managers’ Index (PMI), which measures business activity in the non-oil private sector, inched down to 49.4 in August from 49.6 in July.
SCZone attracts $15bn investments over 5 years
SCZone is geographically diversified, and has ingredients and advantages needed for good investment climate, says Yehia Zaki
Egypt targets EGP 45.3bn of electricity sector investments in FY 2020/21: El-Said
Electricity sector is set to increase its production at current prices during FY 2020/21 to about EGP 180.9bn, says El-Said
LG aims to pump $50m in new investments in Egypt over 3 years
The two parties also discussed the company’s plan to inject new investments over the next three years, worth $40m, to add new products, including refrigerators, top-loaded washing machines, microwaves, and new sizes of TV screens.
Egypt receives €459m in EBRD investments in H1 of 2020
This compares to the €166m granted to Egypt EBRD in 2019, as it rapidly responded to the needs of emerging economies grappling with the impacts of the novel coronavirus (COVID-19) pandemic.
MENA startups attract so far equivalent to 95% of 2019 investments
Investments attracted by startups in H1 2020 rose 35% on comparative period in 2019
Planning Ministry targets EGP 34.5bn agriculture, irrigation investments in FY 2020/21
The ministry has indicated that the agriculture sector’s most significant targets for FY 2020/21 are to increase production to EGP 1.075trn at current prices, from EGP 938.9bn in FY 2019/20, a growth of 14.5%, equivalent to 11% of gross domestic product (GDP).
Middle East, Africa renewable energy investments slip 8% in 2019
Egypt, Morocco, Jordan most active North African renewable energy markets with $15.7bn invested over five years
Government investments worth EGP 47bn allocated to Upper Egypt in FY2021
Local development programme in Upper Egypt is important for achieving sustainable development goals, says Minister Al-Mashat
Alacademia.com for distance education launches with $2m investments
As Egypt witnessed a huge wave of digital transformation, Alacademia.com (The Academy) for distance education has been officially launched with $2m of investments, the company announced on Sunday.
Government investments increase by EGP 10bn: Finance Minister
In a statement, Thursday, Maait said that in implementing the directives, an additional EGP 2bn will also be made available between now and June, to pay delayed dues to exporters
$430m in investments this fiscal year: Agiba Petroleum Co.
The company’s production increased to 49,000 barrels of oil, 20m scf gas
Sudan celebrates Nile Day under theme of ‘joint investments on the river’
Khartoum hosts annual event for second time
Personal Data Protection Law to enhance investments in Egypt: MPs
Law aims to protect personal data on online markets, control e-shopping, and prevent data misuse on Facebook
SCZone to hold international conference for investments next month
Providing 4m sqm of industrial land for investment in East Port Said: Zaki
SC Zone chairperson promotes investments in UK
Major development process implemented in the Zone, says Zaki
Orouba Misr launches Orouba Mall in Damanhour with EGP 5bn investments
CEO of Orouba Misr Development Hazem El-Deeb said that the new commercial centre is the fourth, following Alexandria and Tanta Malls and El-Sharkia Skyline Project, and will be considered the seventh amongst the company’s total projects.
Real estate sales, investments expected to revive after interest rate cut
Interest rate cut would increase local investment by 70%, says El-Bahay Holding chairperson
Kuwait’s investments in Egypt hits $4.7bn
Alraya Almutamayeza holds 40% stake in MEDAF Investments