EU investment guarantees boost FDI in Egypt – Dailynewsegypt
Minister of International Cooperation Rania Al-Mashat and Director-General of the European Commission, Gert Jan Koopman, have convened a high-level roundtable. The focus was on introducing an investment guarantee mechanism valued at €1.8bn, provided by the European Union (EU) to Egypt.
Trade Minister, global companies discuss expansion plans in Egyptian market – Dailynewsegypt
Egyptian Minister of Trade and Industry, Ahmed Samir, has engaged in a series of meetings with officials from various global companies. These companies are either interested in investing in Egypt or expanding their existing investments within the Egyptian market. These
Egyptian Real Estate Platform signs commercial agreement with New Avenue – Dailynewsegypt
The Egyptian Real Estate Platform has entered into a strategic commercial agreement with New Avenue for real estate consultancy. Under this agreement, 300 real estate agents will be listed on the platform, showcasing their units. The collaboration aims to leverage
Schindler, AOI, TMG partner to localise elevator production in Egypt – Dailynewsegypt
The Arab Organization for Industrialization (AOI), Talaat Moustafa Group (TMG), and Schindler Group have formed a partnership on Monday to localise the supply, assembly, and testing of certain elevator components in Egypt. The initiative will support projects affiliated with the
British companies express interest in investing in Egypt’s real estate sector – Dailynewsegypt
Assistant Minister of Housing for Technical Affairs, Abdel Khalek Ibrahim, recently met with Acting British Ambassador in Cairo, Qudsi Rasheed, and representatives from over 30 British companies. The purpose of the meeting was to discuss partnership and investment opportunities in
Egyptian Emirates launches EGP 27bn Markabat project for automotive industries – Dailynewsegypt
Project’s total investments reach EGP 27bn over 3 years
Schneider Electric, Al Ahly Sabbour partner for sustainable community development in Matrouh – Dailynewsegypt
Schneider Electric, Al Ahly Sabbour, and Gebal for Sustainability Solutions have signed a Memorandum of Understanding (MoU) to launch sustainable community development projects in Sidi Heneish village, located in Marsa Matrouh. These projects aim to enhance the lives of village
Finance Ministry to launch 6 T-bill, bond auctions of EGP 143bn early July – Dailynewsegypt
The Ministry of Finance has announced its intention to issue six auctions of treasury bills and bonds worth EGP 143bn in the first week of July 2024. Acting on behalf of the government, the Central Bank of Egypt (CBE) will
Former Egyptian Tourism Minister Hisham Zaazou joins board of Arabian Kuwaiti Group – Dailynewsegypt
Tarek Eid, CEO of Arabian Investment House Holding—the real estate division of Arabian Kuwaiti Group—announced the appointment of former Egyptian Tourism Minister Hisham Zaazou to the company’s board of directors. During a meeting attended by Mahmoud Afifi (Chairperson), Tarek Eid,
GAFI CEO outlines ambitious investment reforms at Egypt-EU Investment Conference – Dailynewsegypt
At the Egypt-EU Investment Conference, Hossam Heiba, CEO of the General Authority for Investment and Free Zones (GAFI), unveiled a comprehensive package of reforms aimed at transforming Egypt into a regional investment hub, particularly for European investors. During a