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Omani sovereign wealth fund explores investment opportunities in Egypt

A mission from Oman’s State General Reserve Fund (SGRF) will visit Egypt soon to explore investment opportunities, according to a Tuesday’s statement by the Ministry of Investment and International Cooperation. The Minister of Investment, Sahar Nasr, visited the Omani capital Muscat as part of an Egyptian delegation to the Egyptian-Omani joint committee, which kicked off …

Daily News Egypt

Nasr inaugurates Japanese SEWS’ two factories in Port Said

The Minister of Investment and International Cooperation (MIIC), Sahar Nasr, inaugurated two factories built by the Japanese Sumitomo Electric Wiring Systems (SEWS) with total investments of $200m in Port Said on Sunday. SEWS provides the Egyptian market with 12,000 job opportunities with investments over EGP 15bn and exports to many countries, including the UK, France, …

Daily News Egypt

MIIC seeks to attract more Italian investments into Egypt

The Minister of Investment and International Cooperation, Sahar Nasr, met with representatives of the Italian Export Credit Agency, SACE, and SIMEST, a company which supports the international development of Italian businesses. The meetings took place over her current visit to Italy in order to promote more investments to the Egyptian market. Italian investors affirmed their …

Daily News Egypt

Projects of Egypt’s free zones expand their businesses by $1bn: Nasr

About 15 projects in Egypt’s free zones have expanded their businesses by $1bn, in addition to other 65 new projects with estimated investments of $265m, the Minister of Investment and International Cooperation, Sahar Nasr, said on Monday. There are 1,090 projects in Egypt’s free zones with a total capital of $12.1bn and foreign direct investments …

Daily News Egypt