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Invest
Egypt’s government investments up 50.5% in FY20/21
Egypt's government investments surged by 50.5% year-on-year (YoY) to EGP 289 billion during fiscal year (FY) 2020/2021.
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U.S. Kemin plans to invest EGP1.5 billion in Egypt in next three years
Kemin Industries, U.S. ingredient manufacturer for human and animal health and nutrition, plans to invest 1.8 billion Egyptian pounds ($114.7 million) in Egypt over the next three years, a senior…
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UAE’s Al Qamzi Developments plans EGP 14bn investment in Egypt
The UAE's Al Qamzi Developments plans to inject EGP 14 billion worth of investments in the Egyptian market over a period of four years.
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US companies plan $5bn investments in Egypt over next five years
US companies are planning to inject $ billion worth of investments in Egypt over the coming five years, the US Ambassador to Cairo, Jonathan Cohen, revealed.
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UK Trade Envoy to Egypt discusses investment in SCZone
UK Prime Minister’s Trade Envoy to Egypt, Sir Jeffrey Donaldson, has held a virtual meeting with Yehia Zaki, Chairperson of the Suez Canal Economic Zone (SCZone), to discuss UK-Egypt bilateral trade…
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Egypt’s petroleum sector attracts $6bn FDI in 2020
Egypt's petroleum sector attracted $6 billion worth of foreign direct investment (FDI) during 2020 despite the challenges posed by the coronavirus (COVID-19) pandemic, Minister of Petroleum and…
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Bahrain’s investments in Egypt stand at $3.2 billion for 216 projects
Bahrain’s investments in Egypt stand at $3.2 billion, through 216 projects in the country, Bahraini ambassador to Cairo said on Sunday.
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Orascom inks EGP 2.6bn deals to build seven spinning, weaving factories
Orascom Construction has signed an engineering, procurement, and construction (EPC) contract to build seven new factories in Egypt in favour of state-owned Misr for Spinning and Weaving Company and…
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Egypt, South Korea discuss ways to increase investments in Egyptian bonds
Egypt and South Korea are keen to develop relations in all fields, in light of the growing volume of Korean investments in the country, according to Minister of Finance Mohamed Maait.
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UK businesses explore investment opportunities in Egypt’s renewable energy sector
The International Trade Department at the British Embassy in Cairo organised a virtual British Investors Forum (BIF) bringing together key British investors with Egyptian government officials to…
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