World Bank Aids Egypt’s Foreign Investments Soar by EGP 14 bn in Renewables

The World Bank Group President Jim Yong Kim has praised Egypt's success in investing in human capital, noting that it has aided the country in raising foreign investments by up to EGP 14 bn, from the private secto ...

Arab Contractors Eyes EGP 400 mn Profits by Year-End

Arab Contractors, an Egyptian construction and contracting company, eyes to achieve profits of EGP 400 mn by the end of 2018, with investments worth EGP 20 bn in projects across Arab and African countries

Egyptian Resorts Unveils Bay Village in Sahl Hasheesh

The Egyptian Resorts Company (ERC) announced launching its latest Bay Village project through its subsidiary, Sahl Hasheesh for Touristic Investment, for both locals and foreigners seeking to invest in the country ...

Dubai’s Jumeirah Group Launches Luxury Hotel in China

Dubai-based hospitality company Jumeirah Group announced the launch of its newest top-notch hotel Jumeirah Nanjing in the capital of China’s eastern province of Jiangsu, capturing Nanjing’s blend of traditional an ...

Net Foreign Reserves Increase to USD 44.4 bn in August: CBE

Net foreign reserves at the Central Bank of Egypt (CBE) increased to USD 44.42 bn at the end of August, an increase of USD 104.3 bn versus USD 44.315 bn at the end of July

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