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Opportunities, challenges for investment in Egypt’s renewable energy sector

  /  November 26, 2014  /  Business  /  1 Comment

‘Invest in Egypt 2014’ conference kicks off in Abu Dhabi, amid speculation on the country’s potential for green energy

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Upgrading Egypt’s economic outlook stimulus for investments, growth rate

  /  November 26, 2014  /  Business  /  2 Comments

Since the 25 January Revolution, Egypt’s economic outlook was downgraded several times by international credit rating agencies. The downgrades came about due to violence and political instability, which took a massive toll on investments and read the rest…

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General picture of the Egyptian economy mixed during IMF visit

  /  November 25, 2014  /  Business  /  No Comments

Lagarde added that the conflicts in the Middle East and North Africa will have serious economic implications not just for the region, but the entire world.

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Special authority to facilitate Suez Canal investment to be set up: Sarie-Eldin

  /  November 25, 2014  /  interviews  /  1 Comment

Investment law for canal region to be completed within a month, and committee including ministries of investment, justice, transport, and trade to be formed

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Government hopes to pay full debts owed to foreign partners over coming 6 months

  /  November 25, 2014  /  Business  /  No Comments

Debts owed to foreign companies have plagued all governments since 2008

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Emirati, Saudi parties largest investers in Egypt: Investment minister

  /  November 25, 2014  /  interviews  /  No Comments

Government will resolve the majority of disputes with investors before economic summit in March, says Ashraf Salman

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New phases of Hyde Park and Chill Out Park in the range of EGP 9bn: CEO Dar Mimar Group

  /  November 25, 2014  /  interviews  /  No Comments

Daily News egypt sat Down with Ayman Ismail, the CEOof Construction and Engineering Company Dar Mimar Group (DMG), to talk about DMG’s performance in the Egyptian market and its future real estate plans What are the projects read the rest…

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Infrastructure key component in Egypt’s economic drive: Nassef Sawiris

  /  November 25, 2014  /  interviews  /  No Comments

Nassef Sawiris, business tycoon and CEO of  OCI N.V elaborates in an interview with Daily News Egypt on the company’s investment plans in Egypt, and how the company can contribute to overcome the challenges in read the rest…

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Agricultural land allocation law to be ratified within two weeks: Industry minister

  /  November 25, 2014  /  Business  /  No Comments

Allocation controls will involve respect for prices and payment terms, says Abdel Nour

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Extensive amendments to trade law necessary: Industry minister

  /  November 25, 2014  /  Business  /  No Comments

Ministry is focusing on market exits and bankruptcy, says Abdel Nour

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Dana Gas signs agreement with petroleum ministry to increase gas production

  /  November 25, 2014  /  interviews  /  No Comments

$270m in investments over seven years to increase production, company will be repaid all dues by 2018

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First draw of its kind to allocate lands for housing associations: GACHC

  /  November 25, 2014  /  Business  /  No Comments

Cooperative housing units have access to a cooperative loan of EGP 50,000 for every unit with a 5% interest rate over 20 years

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Government anticipates higher growth rates

  /  November 25, 2014  /  Business  /  No Comments

Builders of Egypt Forum kicks off, minister of planning foresees boom in construction industry

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Total value of Egyptian imports, exports falls in first half of 2014: EITP

  /  November 23, 2014  /  Business  /  No Comments

Yet the value of imports and exports to the EU rises, reports Egyptian International Trade Point

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Petroleum ministry to open bids for shale gas exploration in 4 areas in Western Desert

  /  November 22, 2014  /  Business  /  1 Comment

Agreement with foreign partners to increase duration of projects to more than 20 years, says EGAS official

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Banks given chief responsibility for promoting economic summit projects: Investment minister

  /  November 17, 2014  /  Business  /  No Comments

Al-Sisi to promote political, economic, and legislative changes in year-end foreign tour

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6th October Agriculture Company outlines land leasing

  /  November 16, 2014  /  Business  /  No Comments

Company has leased land to several agricultural companies for food production

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6th October Co. for Agricultural Products has largest pest-free area certified by EU

  /  November 16, 2014  /  Business  /  No Comments

The area is expected to produce 30-40% of Egypt’s potato exports to the European Union, says Ahmed Maraay

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6 October Co. for Agricultural Products undertakes huge desert reclamation project

  /  November 16, 2014  /  Business  /  No Comments

Approval pending for construction of third irrigation line at a cost of EGP 120m

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The Bank of 20XX

  /  November 15, 2014  /  Business, Opinion  /  No Comments

It started with the ATMs because they broke many banks’ assumption that their customers transacted all their bank business in their own branch.

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Tunnel authority receives EGP 9bn for metro line expansion

  /  November 12, 2014  /  Business  /  2 Comments

Authority needs over EGP 80bn in funding for wider expansion of Egypt’s metro system, says Chairman Ismail El Nagdy

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Non-payment court cases total EGP 128.7m: CAPMAS

  /  November 12, 2014  /  Business  /  No Comments

The value of “protesto” cases has decreased by 0.23% in past year

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US business delegation meets President Al-Sisi

  /  November 10, 2014  /  Business  /  No Comments

An American delegation will visit Egypt again in March 2015 to attend the economic summit

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Kuwaiti investors threaten Egypt with lawsuit over land, accuse government of “lack of seriousness”

  /  November 9, 2014  /  Business  /  No Comments

Dispute frustrates efforts to revive confidence in the economy, says lawyer Hany Sarie-Eldin

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Shell will not proceed with deep water research, exploration in Egypt

  /  November 9, 2014  /  Business  /  292 Comments

Shell and Apache to conduct experiments on shale gas production in the Western Desert

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Overall budget deficit declines to 12.8% during FY 2013/2014: Finance minister

  /  November 8, 2014  /  Business  /  No Comments

Budget deficit compensated by EGP 95.8bn oil aid, EGP 21.5m monetary aid from the Gulf

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Tender to be offered for $1.5bn loan this November: El Molla

  /  November 8, 2014  /  Business  /  No Comments

Ministry hopes to pay nearly $1bn of debts to foreign partners by year-end, says EGPC chairman

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New Urban Communities Authority offers 8 tenders in 4 new cities

  /  November 8, 2014  /  Business  /  No Comments

New Urban Communities Authority Vice Chairman Kamal Fahmy said that four public tenders will be offered in Sadat City.

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US delegation to visit Cairo on Sunday to discuss investment opportunities

  /  November 8, 2014  /  Business  /  No Comments

66 companies will spend 3 days in Egypt

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Egypt is large and promising communications market: Dell

  /  November 4, 2014  /  interviews  /  No Comments

Dell Venue Tablet to be offered on the Egyptian market during the first quarter of 2015

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