Egypt launches 1st real estate exchange to boost sales
Egypt has established a stock exchange to promote real estate sales, following the new real estate investment fund…
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Prime Minister Moustafa Madbouly
Egypt earmarks $1.9bn for 45 new exploratory gas wells until mid-2025
Egypt is planning to drill 45 natural exploratory gas wells in the Mediterranean and the Nile Delta, envisaging…
Egypt: PM talks FDI proposal for mega green hydrogen plant
Prime Minister Moustafa Madbouly met various officials on Tuesday to discuss the offer proposed by a foreign firm…
Egypt’s FDI net inflows increase 70% in 2 years – GAFI
Egypt’s foreign direct investment inflows by 70 percent to $7 billion during the past two years, Hossam Heiba, CEO…
ADIB Egypt bank names Minister Al-Mashat as board member
Abu Dhabi Islamic Bank – Egypt (ADIB-Egypt) has appointed Egypt’s Minister of International Cooperation Rania…
Egypt cabinet affirms no power cuts after mid-September
The Egyptian Cabinet spokesperson Nader Saad announced Saturday that there will be no power outages after…
Egypt’s GAFI studies building 3 new free zones
Egypt’s General Authority of Free Zones and Investment (GAFI) CEO Hossam Heiba said that the government is planning…
Egypt aims to attract $45bn remittances annually by 2026 – PM
Egypt’s Prime Minister Moustafa Madbouly announced that the government is targeting to increase remittances of…
Egypt targets debt to GDP ratio of 75%-80% in next 4 years – minister
Egypt is targeting a debt to GDP ratio of 75 percent to 80 percent in the next four years, said Finance Minister…
UK’s Actis may acquire wind farm in Egypt
The UK investor in sustainable infrastructure Actis is about to acquire the Gabal El Zeit wind plant in Egypt,…
