Government appoints McKinsey & Company to promote investment in Egypt
Company will start work next month, government considering hiring another international company for research purposes: sources
Mostafa Fahmy
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Latest by Mostafa Fahmy
British-Egyptian discussions to formulate guarantees for continued intra-trade incentives after Brexit: UK trade commissioner to Africa
United Kingdom is seeking to become an international free trade point after the exit from the European Union
Public enterprise sector ministry to launch promotional tour to develop El Nasr Automotive
Tour aims to attract bids to expand state-run company in cooperation with ECS
Egyptian-Saudi alliance for reconstruction of Libya, Iraq: Bin Mahfouz
Saudi-Egyptian Business Council calls on Egyptian government to expedite Abdullah Kaki, Abdul Rahman Sharbatly disputes
King Salman Bridge between Saudi and Egypt awaits international approval: Bin Mahfouz
Upcoming partnership between Aramco, SABIC with public business companies to execute large export-oriented projects
Egypt Kuwait Holding plans to establish $3bn wood factory in Minya: CEO
Company is negotiating with several banks in local market to borrow EGP 1bn, Al-Alfy said
Total franchise investment in Egypt amount to EGP 80bn, sales at EGP 14 bn: Al-Alfi
16th franchise exhibition includes 8 brands from China, 4 from Singapore, 4 from Lebanon, says Zaki
Government relies on international companies to realise El Nasr Automotive’s dream
Coordination between Public Enterprise, Industry Ministries to invite major companies to revive El Nasr Automotive Manufacturing Company
Khaled Badawy, ‘minister of settlements’, dreams of assets exploitation
Since Khaled Badawy took office as minister of public sector affairs in January, he focused on debt settlement and exploitation of unutilised assets. Badawy worked on tackling four main portfolios in parallel. First, settling the debts of the sector’s companies, and second, restructuring financial and administrative subsidiaries. In addition, he worked on floating the ministry’s …
Sawiris resumes negotiations on contribution to Egypt Ventures
I intend to buy United Bank If CBE agrees, says Sawiris
Government allocates ُEGP 776.5m for new projects in Matrouh
Governorate contracting with engineering consulting office for EGP 2bn re-planning
70 Saudi investors to visit Cairo next week for investment opportunities
Egyptian-Saudi Business Council will resume meetings to follow up implementation of agreements signed by King Salman during visit to Cairo
English investment fund seeks to acquire Amoun Pharmaceutical for $600m
Canadian Valeant Pharmaceuticals International has sought exiting Amoun since 2011, sources say
EAC ratifies ‘three blocs’ agreement in Q1 2018
Bloc includes Tanzania, Kenya, Rwanda, and South Sudan, activation requires approval of 16 countries
Government agrees to establish continental road with 4 central African
Consultations on passage through northern Sudan or southern Libya to reach Chad
3 logistics centres to be established in Kenya, Djibouti, Tanzania: Elsewedy
Centres support exports to Africa, reduce shipping time from 3 months to few days
Trade, investment exchange with Africa has not achieved expected progress: Nasr
Nasr calls for Africa to invest in Egypt
Government sets max price energy recycling at 135 piasters
New prices officially approved within days, says Fahmy
Talaat Moustafa raise investments of Madinaty and Al Rehab to EGP 455bn
Project in New Administrative Capital to be ready in 3 months: Hisham Talaat Moustafa
GAFI launches investment map before the end of 2017: CEO
Egypt lives in the fourth generation of investment and focuses on integrated development projects, Zobaa said
Legislative reforms prepared Egypt for receiving foreign investment
Direct lines of communication with international institutions to attract private sector financing
PharmaPlast to establish new factories in Borg El-Arab in 2018
The company allocates EGP 40 mn pounds for the implementation of the first phase of the project
Egyptian Union for Investors Associations, CBE to discuss problems of companies that refused exchange rate difference initiative
The Union received requests from companies to speed up the settlement of their debts with banks, says Shaaban
Turkish Paşabahçe acquires Pearl Glass Group for $50m
The company plans to invest $100m in the domestic market in the coming period
Military Production Ministry receives $2bn in offers from China, Korea, EBRD to produce solar panels
German alliance prepares a feasibility study of the project within 3 months
Wages account for 55% of health financial allocations in next budget
The allocations include EGP 10.3bn for investments, EGP 4.1bn for subsidies, and EGP 40m for debt benefits
Al-Gabaly to establish health care investment fund for Africa
The fund will invest in projects in the sectors of pharmaceuticals, diagnosis centres, and hospitals
SCZone agreed with pharmaceutical companies on investing in Medical City
We started preparing a general plan of the city in cooperation with a Spanish development company which is scheduled to be completed in June, says Abdul Shafi
Amazon studies establishment of logistics centre in Egypt
Company will look into implementation procedures with the government within two weeks and meet top exporters, says Kesis
Government is aiming to create attractive climate: Nasr
Investment in Egypt is handcuffed, we demand real incentives for investors, says AbulEnein