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GAFI, N Gage Consulting sign MoU to promote investment cooperation

GAFI penned a memorandum of understanding (MoU) with N Gage Consulting to reinforce cooperation in the field of investment

Updated 3/26/2025 1:49:00 AM
GAFI, Mashreq Bank Egypt ink MoU to enhance investment cooperation

GAFI and Mashreq Bank Egypt have signed a memorandum of understanding (MoU) to boost cooperation in the field of investment

Updated 3/23/2025 8:13:00 AM
Egypt, India mull bolstering economic, trade cooperation

Minister of Investment and Foreign Trade Hassan El-Khatib has met with Indian External Affairs Minister Subrahmanyam Jaishankar to mull ways to bolster economic and trade ties between Egypt and India.

Updated 3/19/2025 11:30:00 AM
GAFI CEO, Giza Governor probe boosting investments in Bahariya Oasis, Cairo-Alexandria Desert Road

Hossam Heiba, CEO of the GAFI, and Adel El-Naggar, Giza Governor, explored ways to promote investment opportunities on the Cairo-Alexandria Desert Road and the Bahariya Oasis.

Updated 3/17/2025 11:20:00 AM
Egypt, Kuwait to announce major investment projects soon: Madbouly

Prime Minister Mostafa Madbouly announced that Egypt and Kuwait will soon reveal new joint economic and investment projects, following high-level discussions with Kuwaiti leaders.

Updated 2/27/2025 8:29:00 AM
SCZONE’s revenues hit EGP 5.67B in H1 FY2024/25

The Suez Canal Economic Zone (SCZONE) posted net revenues estimated at EGP 5.67 billion during the first half (H1) of fiscal year (FY) 2024/2025.

Updated 1/30/2025 3:11:00 AM
Concentrix to inject $1B investments in Egypt’s outsourcing sector

Concentrix, a global technology and services leader, has inked a memorandum of understanding (MoU) with the Information Technology Industry Development Agency (ITIDA) to invest around $1 billion in Egypt.

Updated 1/29/2025 8:28:00 AM
Egypt grants 9 golden licenses for strategic investment projects

Hassan El-Khatib, Egypt’s Minister of Investment and Foreign Trade, handed over nine new golden licenses to strategic investment projects.

Updated 1/2/2025 9:17:00 AM
El-Khatib follows up on Forbes Global’s $1B tower in Egypt’s NAC

The Egyptian Minister of Investment and Foreign Trade Hassan El Khatib has followed up on the talks regarding the development of Forbes International Tower by Forbes Global in Egypt’s New Administrative Capital (NAC) with investments of $1 billion,

Updated 12/19/2024 2:02:00 AM
US Ambassador touts up to $40B healthcare investment opportunities in Egypt by 2025

The US Ambassador to Egypt Herro Mustafa stated that Egypt's healthcare sector offers promising investment opportunities valued between $30 billion and $40 billion in hospital infrastructure by 2025.

Updated 12/15/2024 2:02:00 AM
Edita mulls regional expansion plans, new investments 

Edita Food Industries (EFID) intends to expand in new regional markets through exports or other investments.

Updated 12/10/2024 11:15:00 AM
Egypt's investment plan for FY2024/25 totals EGP 2T:  Al-Mashat

Egypt's total investments for fiscal year (FY) 2024/2025 amount to nearly EGP 2 trillion, Minister of Planning, Economic Development, and International Cooperation Rabia Al-Mashat announced during the opening session of the Sixth Annual Hapi Conference.

Updated 12/9/2024 1:39:00 PM
China’s New Hope Group mulls $100M feed production complex in Egypt

China-based New Hope Group is considering setting up a feed production complex in Egypt, with $100 million in investment.

Updated 12/5/2024 9:22:00 AM
Investment Ministry takes major steps to boost investment climate: El-Khatib

The Ministry of Investment and Foreign Trade is taking steps to enhance the country's investment climate and foster greater competitiveness by simplifying procedures, removing barriers, and ensuring a supportive institutional and regulatory environment, investment minister Hassan El-Khatib said in a press conference.

Updated 11/21/2024 4:17:00 PM
Egypt, Malaysia discuss bolstering economic ties

The Egyptian Minister of Investment and Foreign Trade recently joined a roundtable meeting with the Malaysian Prime Minister Anwar Ibrahim to explore ways to strengthen economic ties between Egypt and Malaysia.

Updated 11/12/2024 2:33:00 AM
Saudi Adeer aims to launch real estate investment fund in Egypt

The Saudi Arabia-based Adeer International is planning to set up a real estate investment fund in Egypt, in partnership with the Saudi financial services provider Areeb Capital.

Updated 10/29/2024 8:18:00 AM
Minister of Investment meets with Mercedes-Benz Egypt to discuss expansion plans

Egypt's Minister of Investment and Foreign Trade Hassan El Khatib held a comprehensive meeting with a delegation from Mercedes-Benz Egypt, led by CEO Stephanie Voltz, to discuss the company's ongoing projects and future expansion plans within the Egyptian market.

Updated 10/24/2024 7:42:00 AM
Egypt allocates EGP 118B for human, social development sector in FY2024/25

The investment portfolio for the Egyptian human and social development sector covers 3,252 projects, with investments of EGP 118 billion during the current fiscal year (FY) 2024/2025.

Updated 10/21/2024 12:17:00 PM
Bel Egypt to invest EGP 150M in local market in 2 years

Bel Group, a global leader in dairy products, is planning to invest EGP 150 million in the Egyptian market over the coming two years.

Updated 10/14/2024 9:11:00 AM
Jordan’s CFI Financial to launch investment bank in Egypt

The Jordanian trading broker CFI Financial Group is planning to set up an investment bank in Egypt.

Updated 10/9/2024 9:46:00 AM