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New joint venture company planning infrastructure projects in Suez Canal economic zone until 2030, to boost investment
A “huge amount” of infrastructure work is taking place within the new Suez Canal Economic Zone to attract new investment,…
Ashry to invest EGP 4 bn in new steel manufacturing projects over three years
Ashry Steel is planning to invest EGP 4 bn in new projects over three years, bringing its total investments to…
FEI delegation visits Zambia to explore investment opportunities
A Federation of Egyptian Industries delegation led by Chairman of the African Cooperation Committee Sherif El Gabaly is visiting Zambia…
Investor sentiment is back in “exuberance” territory, but this could be worrisome
Investors are once again bullish on emerging markets, but the return of exuberance could be a “worrisome milestone,” Colby Smith…
EGP continues strengthening against USD, gov’t launches investment-focused initiative
Econ and business news kept the talking heads busy last night for a change as the Arab African Youth Platform…
What we’re tracking on 19 March 2019
We are, to quote corporate Egypt, “cautiously optimistic” that the weeklong news drought is slowly coming to an end. Top…
Sumitomo Electric inaugurates two USD 200 mn factories in Port Said freezone
Japanese-British firm Sumitomo Electric Wiring Systems Egypt has inaugurated two new USD 200 mn factories in Port Said freezone, according…
Egypt to host EU-Egypt investment cooperation meetings
Egypt will soon host a meeting of a committee to economic integration with the European Union, according to a Trade…
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