Egypt El Sewedy Electric unit plans $400 million industrial city in Tanzania
A subsidiary of El Sewedy Electric plans to set up a new industrial city in Tanzania with total expected…
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Investing
Bucking emerging market trend, Egypt is one of the most preferred destinations for foreign…
This year, Egypt has become the most preferred destination for foreign investors among emerging markets. The sale…
Dior aims to launch its business in Egypt in Q4/2024
French fashion label Christian Dior aims to start its operations in Egypt within the fourth quarter of 2024,…
GE proposes investing in Nigeria’s ailing oil refineries
General Electric Co (GE.N) has proposed investing in Nigeria's oil refineries, potentially convening a consortium…
FEDCOC unveils 2017 plan to promote investing in Egypt
The Federation of Egyptian Chambers of Commerce (FEDCOC) revealed Sunday its plan to promote investing in Egypt…
Number of Italian firms investing in Egypt to hit 1,200 in two years
The Egyptian government targets raising the number of Italian firms investing in Egypt from 600 to 1,200 within the…
British BP to invest $13b in Egypt before 2020
British oil company BP Global plans to invest US$13 billion in the Egyptian market before 2020, the UK…
600 firms eyes investing in Egypt: Austria FM says
Egypt's Foreign Minister Sameh Shoukry met with Austrian Foreign Minister Sebastian Kurz to discuss strengthening…
World Bank president: investment in human capital critical to economic growth
Jim Yong Kim, President of the World Bank Group, highlighted the great importance of investing in human capital for…
U.S. can maker Ball Corporation plans investing more $60mn in Egypt
U.S. drink can maker Ball Corporation studies pumping new investments worth US$60 million into the Egyptian market…
