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UK’s investments in Egypt reached GBP 50bn, British Ambassador
The British investments in Egypt are estimated at about GBP 50 billion, British Ambassador to Egypt, Gareth Bayley, was cited as saying in a TV interview.
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Second Intra-African Trade Fair ready to welcome the business community
The 12th meeting of the IATF2021 Advisory Council, held virtually on 22 October 2021 and chaired by His Excellency Chief Olusegun Obasanjo, Chairman of the IATF2021 Advisory Council and former…
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Egypt invests EGP 15.1bn in residential projects in Capital Gardens
The Egyptian Minister of Housing, Assem El-Gazzar, followed up on the implementation progress of residential units and service projects in the Capital Gardens City, a new fourth-generation smart city.…
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Amazon inaugurates its first logistics centre in Egypt
Amazon inaugurated on Tuesday a logistics centre in Egypt as the global online shopping platform titan plans to launch Amazon.eg this year.
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Egypt plans EGP 43bn electricity investments in FY21/22
Egypt reviewed the objectives of the electricity sector for fiscal year (FY) 2021/2022 as part of the medium-term sustainable development plan between FY18/19 and FY21/22, according to The Egyptian…
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Egypt invests EGP 1.5bn in upgrading electricity networks in Beni Suef
The Egyptian Ministry of Electricity has invested EGP 1.5 billion in upgrading electricity networks in Beni Suef since 2014.
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Egypt plans EGP 125.7bn investments in industrial sector in FY21/22
Egypt reviewed the targets of the manufacturing sector for fiscal year (FY) 2021/2022 as part of the medium-term sustainable development plan between FY18/19 and FY21/22, according to The Egyptian…
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Egypt and China Ongoing cooperation portfolio hits $1.8B
The ongoing portfolio of cooperation with China amounts to $1.8 billion, according to Ministry of International Cooperation.
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IFC invests $100 million in Egypt’s first private sector green bond
The International Finance Corporation (IFC), a World Bank member, announced on Tuesday it is investing $100 million in Egypt’s first private sector green bond, issued by the Commercial International…
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Czech Export Bank allocates $300m for investments in Egypt
The Czech Minister of Foreign Affairs, Jakub Kulhánek, announced that financial institutions and banks in the Czech Republic have started helping companies to inject new investments into the Egyptian…
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