Chinese firm to build $20m bag factory in Egypt’s SCZone
Egypt's General Authority for the Suez Canal Economic Zone (SCZone) signed an agreement with COMFILY Hong Kong Co.,…
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foreign direct investment
Japan raises FDI goal to ¥150t
Japan's government said on Monday that it has increased its 2030 foreign direct investment goal by 20 per cent to…
Egypt’s Sisi reviews steps to boost investment, competitiveness
President Abdel Fattah El Sisi on Sunday reviewed ongoing efforts to boost the competitiveness of Egypt’s economy…
Egypt’s El-Khatib reports $46.1b FDI in 1 year – CNBC interview
Egypt's net FDI reached a record $46.1 billion last year, a 361 per cent increase, driven by projects like Ras El…
Egypt’s PM: IMF mission in Cairo for 5th review
An International Monetary Fund (IMF) mission is currently in Egypt for the fifth review of the country's economic…
Egypt approves incentive plan to boost auto manufacturing, exports
Egypt's Cabinet has approved a new automotive production incentive programme as part of the country’s National…
Egypt’s FinMin urges fairer global finance policies
Egypt's Finance Minister emphasised the need to reform the global financial structure to ensure a fair future for…
Egypt, UAE ink insurance partnership deal
Egypt’s Misr Insurance Company signed a $10 million strategic partnership with the UAE’s Al Ain Ahlia Insurance Co…
Egypt’s petrochemical sector captures 19.3% of total credit portfolio by March…
Egypt’s petrochemical sector has significantly bolstered Egypt's economic growth, capturing 19.3 per cent of the…
S. Arabia aims to attract $100b FDI by 2030 as investors still cautious
Saudi Arabia aims to increase foreign direct investment (FDI) to $100 billion annually by 2030, as foreign…
AfDB 2023