Egypt’s government has picked Reda Abdel Moaty to lead the Egyptian Financial Supervisory Authority (EFSA), the agency …
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Sahar Nasr
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Industry & Trade
Saudi billionaire Prince Alwaleed bin Talal to invest $800 million in Egypt
by Yomna Yasserby Yomna YasserBillionaire Saudi Arabian Prince Alwaleed bin Talal will invest more than $800 million in Egypt, in partnership …
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Industry & Trade
Egypt to receive $1.5 billion from WB, AFDB next December
by Yomna Yasserby Yomna YasserBoth the board of governors and the board of directors of the World Bank (WB) approved to …
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Banks
EBRD, Egypt to sign $60 mln private sector funding deal next week
by Yomna Yasserby Yomna YasserEgypt and the European Bank for Reconstruction and Development (EBRD) will sign a $60 million agreement next …
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Foreign direct investments (FDI) may exceed $10 billion in Egypt within 2017, Egypt’s Minister of Investment and …
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Real Estate
Dubai billionaire Alabbar looking to invest in Egypt’s new capital project
by Yomna Yasserby Yomna YasserDubai billionaire and Emaar Properties chairman Mohamed Alabbar is looking to raise investments in Egypt. The Dubai …
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Real Estate
Romania’s state-run Transgaz eyes new power plant in Egypt: minister
by Yomna Yasserby Yomna YasserEgypt’s Minister of Investment Sahar Nasr said Saturday that that she has discussed the establishment of a …
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Industry & Trade
Romania, Egypt ink 4 MoUs in joint committee meeting
by Yomna Yasserby Yomna YasserEgyptian and Romanian ministers have signed Friday four memorandums of understanding (MoUs) in several fields, including economic …
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Industry & Trade
Egypt’s SCZone targets $30bn investments within 5Yrs: minister
by Yomna Yasserby Yomna YasserEgypt’s Ministry of Investment and International Cooperation is cooperating with the country’s General Authority for the Suez …
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Banks
IFC board approves $660 million financing for Egypt solar power project
by Yomna Yasserby Yomna YasserThe International Finance Corporation’s (IFC) executive board has unanimously approved on Thursday a $660 million financing for …