News / Investment

MIGA to Provide USD 210 mn Guarantees to Egypt Solar Project

The Multilateral Investment Guarantee Agency (MIGA) approved the provision of guarantees worth USD 210 mn to a number of international companies working on the largest solar power project in Egypt

EIB Calls on Private Sector to Push Investments in Egypt

Minister of Investment and International Cooperation Sahar Nasr emphasizes Egypt’s keenness to enhance cooperation with the European Investment Bank (EIB) in the upcoming period, announcing a- EUR 381.4 mn- MoU with the bank

Egypt’s Euromoney Conference to Begin September 18

The annual Euromoney Egypt Conference will be held this year on September 18-19 under the slogan “Increasing the Role of the Private Sector in Egypt”

Egypt’s Net FDI Rises 14.5% in FY2016/17

Egypt’s net foreign direct investment (FDI) increased 14.5% year-on-year in FY2016/17

Egypt’s Annual Urban Inflation Falls to 31.9 % in August

Egypt’s inflation indicators eased slightly in August compared to record-high figures registered in July

Egypt’s Stock Exchange to Reduce Trading Halt Time

Egypt's financial regulator has approved the stock exchange's decision to reduce trading halt times to 15 minutes, down from 30 minutes, as of Tuesday's session, the exchange said on Monday, in an effort to boost market activity

CI Ratings upgrades Egypt’s ratings

Capital Intelligence Ratings (CI Ratings) upgraded on September 1 Egypt's sovereign ratings

Egypt Gets USD 116 mn from EBRD to Build Two Power Plants 

The European Bank for Reconstruction and Development (EBRD) and Proparco grant Egypt a loan worth USD 116 mn to build two power plants, Invest-Gate reports.

Damietta Furniture City, Al Hokair to Establish Joint Projects

Damietta Furniture City Company and Abdulmohsen Al Hokair Group sign a memorandum of understanding to establish a number of projects in Damietta, Al Arabiya news website reports.

Cairo Hosts 22nd Euromoney Conf on Sept 18

Cairo will host the investment international conference Euromoney on Sept 18-19, gathering a wide range of investors, policymakers, and officials to discuss recent businesses issues and investment opportunities in Egypt, Invest-Gate reports.

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