News / Investment

L&T Construction to Build High Voltage Substation in Ain Sokhna

India's construction company L&T Construction, the construction arm of Larsen & Toubro, has won a project in Egypt

Egypt’s Foreign Reserves Rose to USD 37.019 bn at End-December

Egypt’s net foreign reserves increased year-on-year at the end of December 2017

Egypt, EBRD Ink USD 200 mn Energy Efficiency Deal

Minister of Investment and International Cooperation Sahar Nasr has signed a USD 200 mn investment agreement with the European Bank for Reconstruction and Development (EBRD)

Foreign Contributions to Egypt’s Bourse Reaches USD 414 mn in 2017

Net foreign contributions to the Egyptian stock market has reached EGP 7.4 bn (USD 414 mn) this year

Pioneers Holding to List 40% of Rooya Stake on Egypt Bourse

Egypt's financial services firm, Pioneers Holding, will list 40% of its shares in Rooya Real Estate on the Egyptian stock market in the first half of 2018

Russia, Egypt Sign Aviation Safety Deal in Aims to Resume Flights

Russia and Egypt have signed a cooperation agreement on civil aviation security in a move to resume regular Russian flights to Cairo

Egypt’s Current Account Deficit Narrows by 65.7% in Q1

Egypt’s current account deficit has narrowed by 65.7% year-on-year in the first quarter of FY2017-18

Egypt Takes New Measures to Support SMEs – Sisi

Egypt has taken different measures to support micro, small and medium businesses, President Abdel-Fattah El-Sisi says during his participation in the Africa 2017 Forum

Egypt’s Annual Urban Inflation Declines to 26% in November

Egypt's inflation indicators fell in November compared to figures posted in October 2017

Egypt Foreign Reserves Rise to USD 36.723 bn at End of November

Egypt posted a rise in its foreign reserves by USD 20 mn at the end of November 2017 compared to figures recorded at the end of October

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