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Increased freezone fees threaten Egypt’s investment climate: MP
Increased freezone fees threaten Egypt’s investment climate, says Faragalla Group chairman: The General Authority for Investment’s (GAFI) decision to increase…
Egypt in the News on 2 September 2019
Gov’t investment in Sinai shows “genuine intent” for development plans despite security threats: The government’s plan to invest EGP 5.23…
Japan, African Union sign investment declaration at Ticad
Japan, African Union sign investment declaration at Ticad: Egypt signed a 13-page declaration with Japan and other African countries to…
Japanese investors urged to set up Japanese industrial zone in Suez Canal area
We already have a RIZ and a CIZ — are we about to get a JIZ? Japanese investors attending the…
Egypt sees the light of the day alongside UAE, Saudi Arabia is not as lucky
MENA fund managers are still bullish on Egypt, UAE: Six out of 10 MENA fund managers polled by Reuters said…
Egyptian grocery delivery startup Trolley raises USD 200k in seed funding
STARTUP WATCH- Cairo-based startup Trolley has raised USD 200k in seed funding from a Kuwaiti investor, Menabytes reports. Founder and…
Egypt signs USD 500 mn agreement with India’s LuLu Hypermarket
INVESTMENT WATCH- Egypt signed a USD 500 mn agreement with India’s LuLu Hypermarket on Monday for four new retail outlets…
Egypt’s ITDA to tender five logistics centers in September
The Internal Trade Development Authority (ITDA) will launch next month tenders to build five logistics centers in Kafr El Sheikh,…
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