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New World Bank president visits Egypt
New World Bank boss is in Egypt; met El Sisi yesterday and heading to Benban today: World Bank President David…
Talking heads occupied with WB’s Malpass, Egypt and Lebanon agreements
President Abdel Fattah El Sisi’s meeting with World Bank President David Malpass dominated the nation’s airwaves last night. Also creating…
Egyptian MD Abdel Wadood granted bail in Abraaj case
Former Abraaj exec Abdel Wadood granted bail in New York: Former Abraaj managing partner Mustafa Abdel-Wadood has been released on…
GAFI sets up industrial development JV with private companies
The General Authority for Freezones and Investment (GAFI) is setting up a JV with unnamed private sector companies to act…
MENA region is collectively investing nearly USD 1 tn in energy until 2023
The MENA region is collectively investing nearly USD 1 tn in energy from 2019-23, the majority of which is being…
Sawari Ventures to invest c.USD 70 mn in North Africa within four years
INVESTMENT WATCH- Sawari Ventures to deploy c.USD 70 mn across North Africa over four years: Egyptian venture capital firm Sawari…
Rixos to inaugurate three new hotels in Hurghada in 2019
Rixos Hotels is planning to inaugurate three new hotels in Hurghada by the end of 2019, Zawya reports. No details…
Egypt’s cabinet to set up working group on attracting FDI
Madbouly instructs cabinet to set up a working group to attract investment: Prime Minister Moustafa Madbouly ordered the creation of…
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