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Tag Archives: Investments

Green investing: Good deal and good deed

China’s example of green investing offers insights into ways forward for Egypt Deborah Lehr   Investing in green turns out to be a good deal as well as a good deed. China, which has now become one of the world’s largest markets for green finance, is showing how investing in …

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IFC investment expansions in Egypt

Egypt Today   The International Finance Corporation (IFC), a World Bank Group member, said it is willing to expand its activities in Egypt in the coming period to back the transport, renewable energy and entrepreneurship sectors. IFC chief operating officer Stephanie von Friedberg made the remarks at a meeting with …

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BP promises increasing investments in Egypt

Egypt Independent   Egyptian Prime Minister Mostafa Madbouly stressed his government’s support for British Petroleum’s (BP) investments in Egypt and expressed the government’s expectations of further investments by the company in Egypt’s energy sector in the coming period. Madbouly expressed the government’s readiness to ease any obstacles that the company …

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Nasr discusses Sinai development with World Bank officials

Ahram Online  Egypt has discussed with the World Bank the possibility of financial support for priority sectors in development and infrastructure projects in Sinai, a statement by the Ministry of International Cooperation and Investment said on Tuesday. Minister Sahar Nasr met with the World Bank’s Chief Executive Officer Kristalina Georgiev …

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2018’s progressive business climate

Egypt’s business climate improved throughout the year despite being hampered by high interest rates, writes Nesma Nowar Nesma Nowar – Al-Ahram Weekly  Egypt has been working towards bettering the business environment over recent years through a strategy based on pushing forward legislative and institutional reforms, drawing up an integrated investment map, establishing …

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Thirty agreements signed at Africa Forum 2018

Egypt Independent   The “Africa 2018” forum, which concluded on Monday, announced seven important decisions at the end of the forum alongside the signing of 30 agreements in the fields of investment, entrepreneurship, financing for small and medium-sized enterprises, and infrastructure and technical cooperation agreements all totalling at US $3.5 …

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Cairo Contemplates African rejuvenation

Egypt is preparing a range of practical initiatives that will help transform the continent as it gears up to take over the chairmanship of the African Union in January next year, writes Mohamed Higazy   Mohamed Higazy   In January next year, Egypt will begin its one-year stint as chair of the …

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Sisi meets Cisco and Mercedes representatives

PM Madbouly attended the signing of a memorandum of understanding between the Ministry of Communications and Information Technology and Cisco Systems   Ahram Online Egypt’s President Abdel-Fattah Al-Sisi met on Thursday with the CEO of the multinational technology giant Cisco Systems and a senior official in the automobile company Mercedes-Benz …

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Better ranking for Egypt in “Doing Business” Report

Egypt jumped eight spots in the World Bank Group’s “Doing Business” Report for 2019, reports Mona El-Fiqi   Mona El-Fiqi – Al-Ahram Weekly   Introducing reforms to facilitate business operations and improve the investment climate helped Egypt improve its ranking in the World Bank Group’s Doing Business Report for 2019, issued …

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