Latest in Highlight
Inflation eases to 29.7% in May, expected to remain high until Q4 2017
FDI to Egypt increased substantially, signaling that government policies to increase foreign investment may be working
The offering of public companies and the IMF loan are just tools, and their success does not mean that we are on the right path, says Samy
China’s increasing domination of large scale manufacturing drives western nations to put up trade walls with the world’s biggest market
Effective governance is considered the cornerstone of attracting foreign direct investment
In the wake of the recent attack in Nice, the ongoing battle against Islamic State (IS) insurgency in Sinai and Sirte, and the feelings of shock, confusion, and uncertainty that ensue, we must raise the question: what is the real price of terrorism? The attack in Nice is the latest in a string …
The government’s drive to boost foreign capital flows has moved forward with the launch of a new foreign direct investment (FDI) council, although there is still room for further improvements. On 2July, President Abdel Fattah Al-Sisi announced he had accepted the government’s suggestion to establish a Higher Council for Investment, according to a press statement. …
The CBE said in a statement on Sunday that the net inflows to establish companies or increase capital of existing companies rose to $3.7bn from July 2015 to March 2016, compared to $2.8bn from July 2014 to March 2015.
Foreign direct investment has increased worldwide to its highest level since the 2008 financial crisis. But the United Nations trade body, UNCTAD, warns that doesn’t necessarily translate to sustainable development.
Net inflows of foreign direct investment in Egypt rose from $ 2.6bn to $ 3.1bn, says CBE
Serious institutional, administrative, and legislative reform required to raise foreign investment, entrance to operation, growth, says economic expert
Ashmore Group looks forward to investments in Egypt, says Middle East director at Euromoney Conference
Egyptian government is aiming to achieve better results in upcoming three years, says Salman
The new canal will be established to increase the Suez Canal’s capacity to 97 passing ships per day, up from the current rate of 49 per day.
52 countries participating in Economic Summit in Sharm El-Sheikh, UAE and US largest participating delegations
I aim to bridge the understanding and the inclusion of small and medium enterprises [SMEs] in the Egyptian market:
Political instability in Egypt and other Arab countries had negative effect on non-oil manufacturing activities
Settlement includes five-year extension for project execution and unconditional letters of guarantee for required amounts
By Omar El-Shenety No doubt that Egypt has witnessed very rough years since the 25 January Revolution. The economy has been brought to its knees, and now faces stagnation. Growth has stopped at 2% since the revolution, and the government budget deficit scored record levels. Tourism and Foreign Direct Investment (FDI), key sources for foreign …
Egypt’s total foreign direct investments for FY 2013/2014 measured $6bn, Investment Minister Ashraf Salman said on Tuesday. On the sidelines of the Euromoney conference, Salman said that Egypt is hoping to “touch the $10bn” mark during FY 2014/2015, and will reschedule debts to foreign partners operating in the petroleum sector. The move will restore their …
Government will pay 30% of total dues to foreign oil companies by year-end
Hisham Zaazou says that if security, judicial and economic authorities approved the project, it can be sent to the cabinet for ratification
Compared to $3bn foreign direct investment in 2012/2013, the FDI figure in the first half of the current fiscal year represents a positive economic outlook
Foreign direct investment in Q3 increased nearly fivefold over Q2, according to Central Bank of Egypt figures.
A report by Ernest & Young states Egypt receives about 10.5% of Africa’s foreign investment
Investment groups pursue stakes in Egyptian supermarkets
Actis is an emerging markets investor with US$5.2 billion funds under management. Through the expertise of over 120 investment professionals on the ground in twelve countries, Actis identifies investment opportunities in three areas: private equity, infrastructure and real estate. Daily News spoke to Actis’s Director in Egypt about the current business environment in Egypt, the challenges as well as the solutions to reposition Egypt as an attractive investment destination.
The Central Bank of Egypt cited increased remittances from Egyptians working abroad this year as the main reason for the drop in the deficit