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First phase of King Salman University to open in Q1 of 2020
Fitch expects EGP to maintain a slow appreciatory trajectory against US dollar in 2019, deteriorating global financial conditions could negatively impact Egypt’s access to foreign capital
Key investors such as AstraZeneca, BP Egypt, GSK, HSBC, Vodafone Egypt, Shell, and Unilever participated in the forum, to discuss their future investment plans and identify ways to improve the business environment in Egypt.
Authority receive requests to implement 10GW projects in feed-in tariff programme, says El-Khayyat
Media Avenue honoured leading companies, most influential figures in the renewable energy sector
This conference aims to showcase the Egyptian economy’s latest developments, in light of the country’s economic reform programme, to inform investors in the UAE and international peers about investment opportunities in many sectors and companies listed in Egypt.
EGP ending CY 2019 at 17.26 per USD, CY 2020 at EGP 17.82 per USD, says FocusEconomics
Collective growth of assets classes, excluding capital protection and guarantee, while money market, Islamic funds top the list
Monetary easing cycle to create jobs, positively reflect on middle class, say experts
Total loans granted to agricultural projects reach EGP 14.2bn in 2018/18 up from EGP 9.6bn in 2016/17
Company produces 40,000 barrels of crude oil per day, says company’s CEO
The projects, worth €110m come as part of the €500 Single Support Framework (SSF) for EU to Egypt 2017-2020.
Companies injected $1bn in new investments in 3 years, says Danish ambassador
Education, health sectors have yet to benefit from reforms’ freed-up resources, says report
The second edition of the country’s cross sector investment map includes new 2,000 investment opportunities in addition to the 10,000 opportunities that were already in the first edition, a statement of the MIIC said.
The proposed acquisition aims to increase the market share of Prime Holding in the Egyptian market to compensate for the low transaction values in the Egyptian market, Prime Holding Vice Chairperson, Mohamed Maher, told Daily News Egypt
Regarding the visits of German business delegations to Egypt, the ambassador commented that many small, medium, and big business delegations are interested in investing in Egypt.
Delegation includes approximately 40 Egyptian companies in various fields
Trade exchange between Egypt, Russia hits $7.66bn in 2018
The proposals would help to coordinate between the four entities in order to find innovative solutions to some of the problems affecting the growth of real estate investment in Egypt.
Bank achieved 12% increase in net profit in Q1 of 2019, rise in financial position to EGP 49.3bn: Refaey
Ministry allocated EGP 425m for 16 projects, EGP 2bn to develop stadiums in New Capital to be completed in June
FDIs likely to record $9.5bn in FY 2018/19
Company plans to begin implementation of Badya in 2Q19
Last month witnessed opening 2,059 firms, expansion of 113 others
Egyptian-Korean cooperation in railways, water treatment fields
Nissan, Toyota assembling cars, manufacturing parts, says Japanese ambassador
Prime Minister, Minister of Investment sign agreement with global asset management company to attract large investments
Dues owned to foreign companies will be fully paid this year, says petroleum minister
The Middle East and North Africa (MENA) startup ecosystem witnessed a record year in terms of investment growth in MENA-based startups in 2018, recording 31% increase in funding from 2017, according to a recent report issued by MAGNiTT. According to the report, a record number of deals, with $893m was invested across 366 deals in …