Tech news Alibaba says will invest more than $15bn over three years in global research programme Yomna Yasser Oct 11, 2017 0 Chinese e-commerce giant Alibaba announced Wednesday it will invest more than $15 billion over the next three…
Tech news Careem Egypt mulls start-up market to invest in transport and e-commerce sectors Yomna Yasser Jul 26, 2017 0 Egypt’s transportation app Careem says it is studying the start-up market in Egypt to invest for the best of its…
Industry & Trade Egypt may set up a holding company to invest in Africa Yomna Yasser May 9, 2017 0 Mohamed Farid Khamis, Head of the Egyptian Federation of Investors Association (EFIA), suggests setting up a…
Tech news Uber to invest more than $60 million in Sao Paulo support center Noha Gad Jan 18, 2017 0 Ride-hailing service Uber inaugurated a support center in Brazil's biggest city on Tuesday with plans to invest 200…
Industry & Trade Firms eye $15bn spend in Egypt’s green energy schemes Noha Gad Dec 21, 2016 0 More than 100 international companies are ready to invest up to $15 billion in Egypt’s renewable energy sector, but…
Tech news BlackBerry to spend $75m on autos hub over several years Ghada Ismail Dec 20, 2016 0 Canada's BlackBerry Ltd plans to invest C$100 million ($75 million) in a new autonomous vehicle testing hub over…
Tech news SoftBank to invest $1 billion in U.S. venture OneWeb Ghada Ismail Dec 20, 2016 0 SoftBank Group Corp has agreed to invest $1 billion in U.S. satellite venture OneWeb Ltd, marking the first…
Tech news Egypt’s Sawiris to invest $250m in ailing Brazilian telecom operator Ghada Ismail Dec 18, 2016 0 Egyptian billionaire, Naguib Sawiris, is set to invest $250 million to bolster troubled Brazilian telecom company,…
Industry & Trade New Polish factory to secure 50% of Egypt’s baby milk needs Noha Gad Nov 17, 2016 0 Egyptian Businessmen's Association (EBA) received Wednesday a mission of Polish firms that seek investing in…
Tech news Samsung Electronics to invest more than $1 billion in U.S. chip factory Ghada Ismail Nov 2, 2016 0 Samsung Electronics Co Ltd said on Tuesday it planned to invest more than $1 billion by the end of June 2017 to…
Industry & Trade Beverage maker Juhayna invests $45m to expand in Egyptian market Noha Gad Oct 19, 2016 0 Egyptian beverage and yogurt maker Juhayna for Food Industries finished injecting 400 million Egyptian pounds…
Tech news Samsung says to invest $296 million to expand India plant Noha Gad Oct 18, 2016 0 Samsung Electronics Co Ltd will invest 19.7 billion rupees ($295.83 million) to expand its plant in northern India,…
Industry & Trade French oil firm Total to invest $200mn in Egypt within five years Noha Gad Oct 13, 2016 0 Egyptian Prime Minister Sherif Ismail met Thursday with officials at the French multinational…
Industry & Trade Rockal plans investing $34mn in Egyptian market in 5 years Noha Gad Sep 5, 2016 0 Egypt-based Al Alamia for Insulations Company- Rockal targets injecting new investments of 300 million Egyptian…
Tech news LG Electronics says to invest in robot technology Ghada Ismail Sep 4, 2016 0 South Korea's LG Electronics Inc said on Sunday it will aggressively invest in robots, seeking to capitalize on…
Industry & Trade Alex Markets Consumer Complexes to invest EGP12mn in FY2016-17 Noha Gad Aug 31, 2016 0 Egypt-based Alexandria for Consumer Complexes Company-Alex Markets plans injecting investments of 12 million…
Industry & Trade Jewelry maker L’azurde to invest $5.6mn in Egypt by 2016 Noha Gad Aug 16, 2016 0 Largest jewelry designer, manufacturer, and distributor in the Middle East L'azurde plans investing 50 million…
Tech news Uber to invest $500 million in global mapping project Ghada Ismail Aug 1, 2016 0 Ride-hailing service Uber has decided to invest $500 million into an ambitious global mapping project to wean…
Financial Institutions Egypt’s Paradigm Invest concludes 3 deals in favour of Arab investors aya salah Jul 31, 2016 0 Paradigm Invest Financial Consultation, an economic consulting firm, will conclude three new deals in the Egyptian…
Industry & Trade Polish firms eye investing in agricultural equipment field- Egypt’s IDA Noha Gad Jul 28, 2016 0 A number of Polish firms eye investing in Egyptian sector of manufacturing and assembling agricultural equipments,…
Financial Institutions Goldman Sachs to invest $184 million in Brazil storage company Noha Gad Jul 23, 2016 0 Goldman Sachs Group Inc (GS.N) will invest 600 million reais ($184 million) in Brazilian storage company Metrofit…
Industry & Trade Auto maker Ghabbour Auto plans investing $281mn in Egyptian market Noha Gad Jul 19, 2016 0 Egyptian automotives maker Ghabbour Auto Group (GB Auto) intends to injects new investments worth 2.5 billion…
Tech news Careem to invest $100 mln to improve app-based cab service in Egypt, three countries Ghada Ismail Jul 11, 2016 0 CAREEM, the leading app-based car hailing service in the Middle East, has said it is set to invest US$100 million…
Tech news Monsanto, Microsoft to invest in agricultural technology in Brazil Ghada Ismail Jul 5, 2016 0 U.S. biotech company Monsanto Co and Microsoft Corp announced on Monday a partnership to invest in agricultural…
Tech news China’s ZTE to invest $180 million in tech start-ups Ghada Ismail Jul 2, 2016 0 Chinese telecom equipment maker ZTE Corp will set up a 1.2 billion yuan ($180.38 million) fund to invest in private…
Industry & Trade Coca-Cola plans investing $500mn in Egyptian market Noha Gad Jun 29, 2016 0 Soft drink producer Coca-Cola Egypt plans injecting new investments of US$500 million into Egyptian market within…
Tech news Samsung Electronics denies report of planned 25 trillion won NAND investment Ghada Ismail Jun 15, 2016 0 Tech giant Samsung Electronics Co Ltd said on Wednesday a local media report of the firm's plans to invest 25…
Tech news Bezos says Amazon to up India investment to $5 billion Ghada Ismail Jun 8, 2016 0 Amazon Inc Chief Executive Jeff Bezos said on Tuesday the company would invest an additional $3 billion in India,…
Industry & Trade Saudi Petromin plans investing $28mn in Egyptian automotive services market Noha Gad Jun 7, 2016 0 Saudi leading lubricants and automotive services company in Africa and Middle East Petromin Corporation (Petromin)…
Industry & Trade China to invest $11.9 billion in aviation infrastructure in 2016 Noha Gad May 5, 2016 0 China will invest 77 billion yuan ($11.9 billion) this year in building aviation infrastructure, the official…
Tech news Orange to invest in Nigerian e-commerce group Africa Internet Ghada Ismail Apr 6, 2016 0 French telecommunications company Orange is to invest 75 million euro ($85 million) in Nigerian e-commerce group…
Real Estate Egypt’s Heliopolis Housing to invest $62 mln in 2016/17 aya salah Mar 30, 2016 0 Egypt's Heliopolis Company for housing & development is set to nvest 550 million Egyptian pounds ($61.94…
International News U.S. firms to invest $2.3 billion in Argentina over 18 months Noha Gad Mar 24, 2016 0 U.S. firms will invest more than $2.3 billion in Argentina over the next 12-18 months, a U.S. chamber of commerce…
Tech news Cisco to invest $100 mln in India’s digital support Ghada Ismail Mar 19, 2016 0 Cisco Systems Inc will invest over $100 million in India to support the country's ambitious plan to connect…
Tech news INTERVIEW: Kamelizer mulls investing in two Egyptian start-ups Ghada Ismail Mar 14, 2016 0 Egypt-based investment firm, Kamelizer Angel Investment Fund is considering investing in two new…
Industry & Trade Lebanese firm to invest $15mn in paints factory in Egypt Noha Gad Mar 7, 2016 0 A Lebanese firm targets pumping new investments in the Egyptian market through building a factory for paints and…
Industry & Trade China-Egypt industrial zone to attract $5bn investments Noha Gad Mar 7, 2016 0 There are 80-100 international companies are projected to invest approximately $5bn in the Egyptian-Chinese…
Tech news AT&T to invest $10bn to bolster global enterprise services Noha Gad Feb 22, 2016 0 AT&T Inc will invest about $10 billion in its global business solutions division, as it seeks to boost the unit…
Industry & Trade Egypt’s Cleopatra Group studies 6 large investment projects in Africa Noha Gad Feb 20, 2016 0 Egypt's largest ceramics maker Cleopatra Group is currently studying six offers to invest in African markets…
Industry & Trade Saudi Panda eyes more branches in Egypt, developing 20 consumer complexes Noha Gad Feb 11, 2016 0 Saudi-based Panda Retail Company has submitted a request to Egypt's Supply Ministry to invest in more than 16 land…