The Annual Conference of the American Chamber of Commerce (AmCham) MENA Regional Council has kicked off Sunday morning. The two-day annual conference is hosted by AmCham Egypt.
AmCham President Gamal Moharam has invited all the international and (...)
Egyptian Prime Minister, Hisham kandil, delivered a keynote on Sunday at the 2nd annual conference of the American Chamber of Commerce (AmCham) MENA Regional Council hosted by AmCham Egypt and entitled “MENA Regional Development Opportunities: US (...)
The Egyptian Minister of Investment Osama Saleh stated that the government sets an investment plan to be offered to foreign investors with the aim of achieving balanced regional development in all governorates in Egypt.
On the sidelines of the (...)
Eng. Hatem Saleh, Egyptian Minister of Industry and Foreign Trade, said the country needs new investments estimated with $70 billion for creating job opportunities that would eliminate the unemployment rates which reached 18%, according to the last (...)
The US Ambassador to Cairo Anne Patterson said the USA is fully committed to supporting Egypt along with the MENA region within the coming period pointing to the US efforts aiming to push their economic growth rates forward.
The US Ambassador (...)
Safwan Sabet, Board Member of Egypt's Federation of Egyptian Industries (FEI), said the State's budget deficit will exceed EGP 225 billion during the current fiscal year2012-2013; according to studies prepared in the FEI.
Sabet has affirmed that the (...)
The rates of industrial growth achieved as to 3.2% in Q4 of 2012, due to the relative stability that the country lived, said Egyptian Minister of Industry and Foreign Trade, Hatem Saleh.
On the sidelines of the press conference that was held this (...)
The board of FEI, Federation of Egyptian Industries, in a meeting with the Minister of Industry yesterday, called for balancing the dependence on the industrial activity and the commercial one in fill the growing budget deficit. This is through new (...)
The Industrial Training Council, an affiliate of the Egyptian Ministry of Industry and Foreign Trade, has signed a cooperation agreement with Cedar Bridge, to implement the "Tamkeen" venture, for training and hiring one million Egyptians within (...)
The Minister of Industry and Foreign Trade, Hatem Saleh, has affirmed that the government's supporting of the small and medium entrepreneurs made the European Union (EU), the first trade partner to Egypt, reconsiders its economic thoughts patterns, (...)
The Egyptian government is to restructure all the legislations and economic policies to greatly make use of foreign partners, the European Union in particular, so as to the citizen witnesses the economic growth rates, said Osama Salah, Egyptian (...)
Antonio Tajani, EU commissioner for Industry and Entrepreneurship, said the European investors will start new investments in the Egyptian market, in case of signing joint agreements between the European Union (EU) and the Egyptian government.
The EU (...)
Egypt's Prime Minister Hisham Kandil will be opening within the coming week Oriental Weavers' new factory located in the Industrial Zone in the 10th of Ramadan with total investments of EGP 2.6 billion.
Mohamed Farid Khamis - Chairman of Oriental (...)
Tarek Amer, chairman of the Federation of Egyptian Banks, said the European Bank for Reconstruction and Development (EBRD) demands impracticable guarantees to lend Egypt US$ 600 million needed to finance the budget deficit and a number of (...)
Egypt respects all investment contracts, said Hatem Saleh- Egyptian Minister of Industry and Foreign Trade. He underscored the necessity of establishing the state of law (Rechtstaat) and justice for all investors, whether inside or outside Egypt; in (...)
Mr Khaled Abou Bakr, Head of the Egyptian side at the Egyptian Italian Business Council, said the economic state in Egypt requires commercial partnership; particularly during the hard circumstances that Egypt is witnessing after the Egyptian (...)
The Head of the Egyptian-Italian Friendship and Cooperation Society, Antonio Badini, expected that the value of the joint investments reach $ 2 billion, as an initial cost for a number of ventures are planned to be planned in Egypt; referring that (...)
Ahmed Galal El Din, Chairman of International Business & Investment Association-(IBIA), unveiled the volume of Italian investments in Egypt, which amount to $ 2.5 billion, distributed on 820 companies work in different productive sectors.
The (...)
Antonio Badini, Head of the Egyptian-Italian Friendship and Cooperation Society, said the Italian side, representing in number investors and governmental officials, has prepared a study for establishing new Italian industrial school in Egypt in (...)
Claudio Pacifico, the Italian ambassador to Egypt, said President Mohamed Morsi's visit to Roma has proved that Italy is the expected strategic partner to Egypt in the coming future.
The Italian ambassador stressed on the significance of this visit (...)
On Monday morning, the events of the economic forum organized by the Egyptian-Italian Friendship and Cooperation Society, headed by the former Italian ambassador Antonio Badini, launched in the presence of Egyptian Minister of Industry and Trade (...)
Eng. Hatem Saleh, Minister of Industry and Foreign Trade, revealed that the processes of entering facilities to "Silicon Valley" project have been kicked off. The project is in west Ismailia, with EGP 1 billion investing cost.
On the sidelines of (...)
Hossam Fareed, General Manager of Egyptian Junior Business Association (EJB), said the association jointly with fighting corruption committee, which was formed by the ministry of industry and foreign trade a year ago, have prepared a number of (...)
A number of Egyptian investors have criticized receiving Euromoney conference to Egypt in October amid a state of instability that the country witnesses, moreover, the state retards providing the real support for the investments in the local (...)
In an statement to Amwal Al Ghad, Hady Barakat - Factory Assistant Manager at Samsung Electronics – announced that the company is designed to manufacture 2 million television screens and LCDs within the coming 5 years through its new factory which (...)