Kenya to cut budget deficit to 4.5%    Taiwan GDP surges on tech demand    Germany among EU's priciest labour markets – official data    UNFPA Egypt, Bayer sign agreement to promote reproductive health    Egypt to boost marine protection with new tech partnership    France's harmonised inflation eases slightly in April    Egypt's El-Khatib: Govt. keen on boosting exports    Eygpt's El-Sherbiny directs new cities to brace for adverse weather    Cabinet approves establishment of national medical tourism council to boost healthcare sector    CBE governor meets Beijing delegation to discuss economic, financial cooperation    Egypt's investment authority GAFI hosts forum with China to link business, innovation leaders    Egypt's Gypto Pharma, US Dawa Pharmaceuticals sign strategic alliance    Egypt's Foreign Minister calls new Somali counterpart, reaffirms support    "5,000 Years of Civilizational Dialogue" theme for Korea-Egypt 30th anniversary event    Egypt's Al-Mashat urges lower borrowing costs, more debt swaps at UN forum    Egypt's Al-Sisi, Angola's Lourenço discuss ties, African security in Cairo talks    Two new recycling projects launched in Egypt with EGP 1.7bn investment    Egypt pleads before ICJ over Israel's obligations in occupied Palestine    Egypt's ambassador to Palestine congratulates Al-Sheikh on new senior state role    Sudan conflict, bilateral ties dominate talks between Al-Sisi, Al-Burhan in Cairo    Cairo's Madinaty and Katameya Dunes Golf Courses set to host 2025 Pan Arab Golf Championship from May 7-10    Egypt's Ministry of Health launches trachoma elimination campaign in 7 governorates    EHA explores strategic partnership with Türkiye's Modest Group    Between Women Filmmakers' Caravan opens 5th round of Film Consultancy Programme for Arab filmmakers    Fourth Cairo Photo Week set for May, expanding across 14 Downtown locations    Egypt's PM follows up on Julius Nyerere dam project in Tanzania    Ancient military commander's tomb unearthed in Ismailia    Egypt's FM inspects Julius Nyerere Dam project in Tanzania    Egypt's FM praises ties with Tanzania    Egypt to host global celebration for Grand Egyptian Museum opening on July 3    Ancient Egyptian royal tomb unearthed in Sohag    Egypt hosts World Aquatics Open Water Swimming World Cup in Somabay for 3rd consecutive year    Egyptian Minister praises Nile Basin consultations, voices GERD concerns    49th Hassan II Trophy and 28th Lalla Meryem Cup Officially Launched in Morocco    Paris Olympic gold '24 medals hit record value    A minute of silence for Egyptian sports    Russia says it's in sync with US, China, Pakistan on Taliban    It's a bit frustrating to draw at home: Real Madrid keeper after Villarreal game    Shoukry reviews with Guterres Egypt's efforts to achieve SDGs, promote human rights    Sudan says countries must cooperate on vaccines    Johnson & Johnson: Second shot boosts antibodies and protection against COVID-19    Egypt to tax bloggers, YouTubers    Egypt's FM asserts importance of stability in Libya, holding elections as scheduled    We mustn't lose touch: Muller after Bayern win in Bundesliga    Egypt records 36 new deaths from Covid-19, highest since mid June    Egypt sells $3 bln US-dollar dominated eurobonds    Gamal Hanafy's ceramic exhibition at Gezira Arts Centre is a must go    Italian Institute Director Davide Scalmani presents activities of the Cairo Institute for ITALIANA.IT platform    

Articles of the author Islam Salah Sayed Badr
Denmark business mission to visit Egypt before year-end: Danish ambassador
A Danish business delegation will visit Egypt before the end of this year to explore new investment opportunities in different sectors, Danish ambassador to Egypt Susanne Shine said Wednesday. The delegation includes a number of Denmark's giant (...)

01 - 11 - 2017
El Sewedy Electric, EBRD, EDF in $150 mln Egypt solar power stations deal
Egypt's El Sewedy Electric has signed a $150 million contract with Electricité de France (EDF) and the European Bank for Reconstruction and Development (EBRD) to build two solar power stations in the North African country. The solar power stations (...)

18 - 10 - 2017
World Bank's energy lending to Egypt hits $4 billion: minister
The World Bank has recently provided funding worth $4 billion in Egypt's energy sector, Egyptian Investment Minister Sahar Nasr said Tuesday. The funding includes $3 billion for supporting economic reforms in the sector and $635 million worth of (...)

03 - 10 - 2017
U.S. Cargill says keen to increase Egypt investments to $350 million: minister
U.S. food producer Cargill Inc says it is keen to increase investments in Egypt to $350 million, a statement by the Egyptian Ministry of Investment said Thursday. "Cargill's regional director in Egypt, Melvin Minke, said that his company's (...)

16 - 09 - 2017
Egypt looks to establish two investment zones in Luxor
Egypt is looking to establish two investment zones in the country's Upper Egyptian Nile city of Luxor, Investment Minister Sahar Nasr said Saturday. One of the two anticipated investment zones will be designed for the small and medium-sized (...)

12 - 08 - 2017
Dubai billionaire Alabbar looking to invest in Egypt's new capital project
Dubai billionaire and Emaar Properties chairman Mohamed Alabbar is looking to raise investments in Egypt. The Dubai property developer seeks to invest in several projects Egyptian government recently announced, including the new administrative (...)

31 - 07 - 2017
Sharm El-Sheikh to host Africa investment forum in December
COMESA Regional Investment Agency and Egyptian Ministry of Investment and International Cooperation are organising the annual Africa Forum, Africa 2017 in Sharm El-Sheikh between December 7 – 9. The forum will focus on ‘Driving Investment for (...)

30 - 07 - 2017
BADEA bank earmarks $200 mln for Egypt-Africa economic cooperation
The Arab Bank for Economic Development in Africa (BADEA) is allocating $200 million to support the Egyptian-African economic collaboration. The money will contribute to create more job opportunities and increase investments in the continent, (...)

05 - 07 - 2017
CI Capital-led group to lead Egypt state-owned Enppi's IPO
A consortium led by CI Capital has won a mandate to act as lead managers and bookrunners for Egyptian state-owned oil company ENPPI's initial public offering. The consortium includes Jefferies International Limited and Emirates NBD Capital Limited, (...)

05 - 07 - 2017
UK firms bullish on Egypt, eyeing more investment
A number of UK-based firms have shown plans to step up their investments in Egypt, which currently amount to $43 billion. Officials in the UK firms' Egypt offices met Tuesday with Egyptian Minister of Investment and International Cooperation Sahar (...)

20 - 06 - 2017
World Bank disburses $125 mln tranche for Upper Egypt development: minister
The World Bank has disbursed $125 million in financial assistance to Egypt out of its $500 million Upper Egypt local development loan programme, Egyptian Minister of Investment and International Cooperation Sahar Nasr said Monday. The $500 million (...)

12 - 06 - 2017
Mexico's Cemex to pump $20 mln into Egypt operations this year
Mexico's Cemex, one of the world's largest cement producers, plans to boost its investments in Egypt to $1.220 billion, said Cemex Egypt's president Ramon Piza. The Mexican cement maker plans to invest $20 million in the country this year, Piza (...)

06 - 06 - 2017
EBRD approves $11 million loan for Egyptian petrochemical project: minister
The European Bank for Reconstruction and Development (EBRD) has approved a $11 million loan for Egyptian petrochemical producer, Carbon Holdings Company, Minister of Investment and International Cooperation said Saturday. The loan will be used to (...)

14 - 05 - 2017
Egypt parliament set to discuss new investment law tomorrow: minister
Egyptian parliament will start Wednesday discussing the country's long-awaited new investment law, Minister of Investment and International Cooperation Sahar Nasr said Tuesday. The new law will focus on providing unprecedented guarantees and (...)

02 - 05 - 2017
U.S. investors' delegation to visit Egypt next week: minister
A delegation of U.S. investors will visit Egypt next week, Egyptian Minister of Investment and International Cooperation Sahar Nasr on Friday. Nasr made these remarks in Washington as she heads Egypt's delegation to the International Monetary Fund (...)

22 - 04 - 2017
China Export-Import Bank may finance electric train project in Egypt
The Export-Import Bank of China (Chexim) is offering to finance a project to build an electric train linking between Egypt's new administrative capital city with 10th of Ramadan City. A Chexim delegation made these remarks during a meeting with (...)

20 - 04 - 2017
Norway's Scatec Solar plans $3 bln Egypt solar investments
Norwegian energy firm Scatec Solar aims to invest $3 billion in Egypt under the solar feed-in tariff (FIT) programme, in cooperation with some investors and two financial institutions, Morten Langsholdt, Regional Director of Scatec Solar, said his (...)

18 - 04 - 2017
LG Electronics planning $130 million investments and new plant in Egypt
South Korea's LG Electronics Inc is determined to inject new investments worth $130 million, equivalent to around 2 billion Egyptian pounds, to its capital in Egypt, said managing director for LG Egypt, Don Kwack on Monday. Kwack made these remarks (...)

10 - 04 - 2017
World Bank delegation to visit Egypt in ‘few weeks': minister
A senior delegation from the World Bank will be visiting Egypt in the coming few weeks to follow up its projects, Egyptian Minister of Investment and International Cooperation Sahar Nasr announced Wednesday. The delegation will also discuss (...)

05 - 04 - 2017
EIB, Egypt sign €115 million Gulf of Suez wind farm financing deal
Egypt has signed Tuesday a €115 million ($125 million) agreement to finance its wind farm project in Gulf of Suez with the European Investment Bank (EIB). The agreement was signed by Mohamed Moussa Omran, head of the New and Renewable Energy (...)

28 - 03 - 2017
Egypt negotiating third tranche of $3 billion World Bank loan: minister
Egypt is negotiating the third and final $1 billion tranche of a $3 billion World Bank loan to support a government economic reform programme, Minister of International Cooperation announced Wednesday. The World Bank announced earlier on Monday that (...)

23 - 03 - 2017
Egypt to build pharmaceutical factory in Kazakhstan: minister
Egypt is planning a joint project with Kazakhstan to build a pharmaceutical factory of $20 million, Egyptian Minister of International Cooperation Sahar Nasr said Thursday. "There are studies to carry out new joint projects between the private (...)

12 - 03 - 2017
Cyprus Commerce Chamber, Egypt Businessmen Association sign MoU
Egyptian Businessmen's Association (EBA) has signed in Nicosia on Sunday a memorandum of understanding with the Cyprus Chamber of Commerce and Industry (CCCI). Egyptian Minister of Investment and International Cooperation Sahar Nasr has attended the (...)

05 - 03 - 2017
Egypt in talks to boost cooperation portfolio with AfDB: minister
Egypt is negotiating to increase its upcoming cooperation portfolio with the African Development Bank (AfDB), Minister of International Cooperation Sahar Nasr announced Monday. Speaking at Euromoney Egypt Conference kicked off in Cairo, Nasr said (...)

19 - 09 - 2016
Egypt expects first tranche of IMF $12 billion loan before year-end: official
Egypt expects to receive the first $2.5 billion tranche of a $12 billion International Monetary Fund loan before the end of this year, Deputy Finance Minister Ahmed Kojak announced Monday. A delegation from the Ministry of Finance and the central (...)

19 - 09 - 2016
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