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Investment ministry in EGP32bn asset-debt swap with National Bank of Egypt, Banque Misr

  /  October 25, 2014  /  Business  /  No Comments

Meeting to be held soon regarding payment of outstanding EGP 1.6bn owed to banks, says minister

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Abraj Misr develops EGP 4.5bn project in El-Nozha: Company chairman

  /  October 22, 2014  /  Business  /  No Comments

Contract signed with French consultant and consultations underway with a foreign contractor for construction

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Egypt to present $1.5bn Cairo-6 October train plans at economic summit

  /  October 21, 2014  /  Business  /  No Comments

International company offers to implement the project

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Egypt begins transformation into global logistics centre for grain handling: Prime minister

  /  October 20, 2014  /  Business  /  No Comments

Mehleb says the project is as important as the Suez Canal expansion

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Businessmen voice optimism for uniform investment law

  /  October 20, 2014  /  Business  /  No Comments

Investment minister faces opposition to ‘one-stop shop’ system if put into effect

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Deutsche Bank investments in Egypt worth $35m: Investment minister

  /  October 20, 2014  /  Business  /  No Comments

Deutsche Bank follows Egyptian projects in areas of new and renewable energy, roads, and development of Suez Canal

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Price rises to kill fertiliser black market: Agriculture Minister

  /  October 19, 2014  /  Business  /  No Comments

Farmers syndicate questions government’s ability to cut black market and says price rises burdens farmers

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CIHC finalises evaluation and plans evacuation within days

  /  October 15, 2014  /  Business  /  No Comments

Finance ministry will pay Kaaki for the evaluation, with value not exceeding company’s privatisation price

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Investment ministry forms advisory committee for public sector management

  /  October 14, 2014  /  Business  /  No Comments

The Ministry of Investment has formed a new, as yet to be named, committee  managing public business sector assets, to develop the sector and maximise asset returns. The committee includes eight heads of holding companies, read the rest…

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National construction company reconsiders investments in joint ventures: CEO

  /  October 14, 2014  /  Business  /  No Comments

Group considering partnerships with subsidiary companies to join Gaza reconstruction efforts, says CEO

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New investments in fertiliser sector suspended until crises resolved

  /  October 14, 2014  /  Business  /  No Comments

Fate of the fertiliser tax to be determined in three months

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6 projects worth $1.25bn ready to be showcased at February summit: Investment minister

  /  October 14, 2014  /  Business  /  No Comments

Investment summit in Sharm El-Sheikh will go ahead, despite some incomplete feasibility studies, says Ashraf Salman

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Government to begin 2nd and 3rd phase petrol distribution system implementation: Cabinet

  /  October 13, 2014  /  Business  /  No Comments

Cabinet economic group agrees on new oil agreements with minimum investments of $1.3bn

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Egypt to approve domestic product preference laws before February 2015: Prime Minister

  /  October 13, 2014  /  Business  /  No Comments

Legislative Reform Committee will refer Egyptian product preference law to legislative committee of the State Council for approval

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Tenders and pricing for land reclamation and distribution to be decided within days: Agriculture minister

  /  October 12, 2014  /  Business  /  No Comments

Government plans to reclaim 1 million acres of land within one year

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Government sets purchase price of 1 ardeb of wheat at EGP420: Cabinet spokesperson

  /  October 12, 2014  /  Business  /  No Comments

Egypt aims to increase wheat cultivation and reduce imports

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Egypt hosts Gaza’s Reconstruction conference, fears of new clashes arise

  /  October 11, 2014  /  Business  /  No Comments

Gaza depends on participating governments’ generosity for reconstruction amid US doubts necessary funds will be collected

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Investment Minister: 95% of fertilizer factories’ needs to be provided for by November through gas imports

  /  October 8, 2014  /  Business, Egypt  /  No Comments

Fee issued for cement to be eliminated soon, fertilizer industry must be protected before it dies out

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Sarie-Eldin to give legal advice to Dar Al-Handasah alliance supervising Suez Canal economic development

  /  October 7, 2014  /  Business  /  No Comments

Group developing industrial hub through 6 axes

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Solving investors’ problems, legislative reform key to economic summit success: Prime Minister

  /  October 1, 2014  /  Business  /  No Comments

Egypt to meet UAE, Saudi Arabia ahead of Sharm El-Sheikh investment summit in February

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Working group to resolve fertiliser production problems: Prime Minister

  /  October 1, 2014  /  Business  /  No Comments

Meeting held between petroleum ministry and companies to address gas shortages for fertiliser plants

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UAE-based Al-Zahera spends EGP 750m on investments in Toshkha: Chairman

  /  September 30, 2014  /  Business  /  No Comments

Prime Minister Mehleb invited to visit the company’s agricultural projects in Toshkha, East Owaynat

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Delisting for Cairo Investment & Real Estate Development is final: Company chairman

  /  September 29, 2014  /  Business  /  No Comments

Egyptian Exchange official says “18% of company shareholders filed a complaint against delisting; we have not delisted a single company during 2014”

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Recommendation to nullify 20% sale of Telecom Egypt raises concerns

  /  September 28, 2014  /  Business  /  No Comments

We were not notified, says company

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Government considers offering international tender for Maspero development

  /  September 28, 2014  /  Business  /  No Comments

Coordination to take place between residents, government, and investors

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Al-Sisi to meet Obama following US invitation: Investment minister

  /  September 24, 2014  /  Business  /  No Comments

International electricity companies visiting Cairo next week to invest in solar energy

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Committee makes recommendations to solve 20 land and tax disputes: Justice minister

  /  September 23, 2014  /  Business  /  No Comments

Government aims to settle investors’ disputes, revive economic confidence, mobilise new investments

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New telecommunications law nearly completed: Communications minister

  /  September 23, 2014  /  Business  /  No Comments

High-speed Internet, marine cable projects, and cloud computing services are priorities, says Helmy

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Tax amendments require factories to repay gas consumption: Finance minister

  /  September 22, 2014  /  Business  /  No Comments

Decision aims to resolve disputes between companies and EGPC in collecting natural gas payments, according to Tax Authority

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EGP 19bn of Suez Canal annual revenues allocated for interest, investment certificates: Finance minister

  /  September 21, 2014  /  Business  /  1 Comment

Handy Kadry Dimian said that the canal revenues will increase to nearly EGP 60bn by the end of 2023

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