News
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Egypt tightening visa rule for individual visitors
Effective as of 15 May, the move will not affect tourist groups who can still get visas at the airport.
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Chinese smart- phones continues to infiltrate Egyptian market
75% of mobile phone prices to drop under $100 by 2020, says El-Motaheda CEO.
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Egypt listed for EBRD trade investment drive
Increasing trade will contribute to the overall economic growth in North Africa and the Arab countries.
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Dubai’s Emaar Says Not Part Of Egypt’s Capital City Project
The company said in a Dubai bourse statement on Monday that it was not involved in developing the planned new capital to the east of Cairo.
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Egypt tourism minister sets out 2020 growth plan
Egypt will seek investment for two new investment projects,: an eight-million-square-metre resort on the Red Sea and a one-million-square-metre resort on the Mediterranean.
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Eni signs agreement worth 5 bln dollars in Egypt
Eni initiatives in the country are distributed in areas of the Gulf of Suez, in the western desert and Mediterranean offshore.
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Egypt: No Black Market in Currencies in Egypt - Central Bank Governor
The central bank has offered a "more flexible" exchange rate and policy and has enforced a set of technical rules which have completely eliminated the unofficial currency market.
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Over $70 bln pledged at economic conference - Prime Minister
The contributions were divided between investments, aid, and loans.
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Egypt, UAE and France Sign Trilateral MOU at Egypt Economic Development Conference
The memorandum of understanding focused on stimulating private investments.
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Egypt: Prime Minister Lays Out Egypt's Plan for Economic Reform
Larger space for private sector, developing human resources and creating a healthy atmosphere for investments are among the reforms.
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Energy deals dominate Egyptian Economic Development Conference on Saturday
Ahram Online follows day two of the EEDC; Suez development project to cover 500 square kilometres and include three major economic zones.
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Egypt’s Sisi Closes Economic Conference With Call for Further Investment
Egypt needs up to $300 billion to reach potential, president says at end of economic conference in Sharm el-Sheikh.
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Egypt eyeing sustainable development in 2030 – Minister
Egypt's steps to reform its economy were revealed in the economic summit in Sharm El-Sheikh.
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Live updates: Energy deals dominate second day of the Egyptian Economic Development Conference
Suez development project to cover 500 square kilometres and include three economic zones.
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Egypt's Richest Family To Invest $3 Billion In Energy
The investments will be mainly in the energy sector.
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GE delivers turbines to Egypt
General Electric is investing $200 million in a manufacturing and training facility in Egypt's Suez City and had delivered a shipment of gas turbines to supply its grid.
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UAE offers $4b to help boost Egypt’s economy
UAE, Saudi Arabia, Kuwait pledge $4b each at Egypt conference; 30 heads of state, key foreign investors attend session to boost Egyptian economy.
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Egypt eyes deals worth $20b
Cairo hopes summit will allow it to double foreign investment to $8b this year.
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Egypt's new business city revealed on website
The city is bound to become a focal point of the Eastern Cairo region.
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Sisi to inaugurate Egypt Economic Development Conference Friday
Prime Minister Ibrahim Mahlab will hold a press conference Friday afternoon to demonstrate the timeline and activities of the conference.