Tag: Investment

Sawiris plans to raise capital of New Egypt to $230m after 20% purchase of Hermes

Sawiris-led Alliance purchasing 20% stake in Hermes from shareholders remains committed even…

Daily News Egypt

Sawiris-Beltone 20% acquisition of Hermes will not be implemented ‘chaotically’: EFG Hermes Chairman

Head of EFSA says oversight body is currently studying documents submitted to…

Daily News Egypt

Tourism Assistance Fund aiming for 25% annual returns: Investment manager

Egypt’s Tourism Assistance Fund is looking for annual returns of 25% on…

Daily News Egypt

Nassef Sawiris pumps new money into Egypt through investment fund

Less than one week after Abdel Fattah Al-Sisi’s presidential victory, Sawiris family…

Daily News Egypt

Al-Sisi unveils economic plan

New President promises in speech to develop industry and agriculture, halt export…

Doaa Farid

EGP 3.69bn to be invested in petroleum by public sector companies for FY 2014/2015: EGPC president

The total amount of investments that are hoped to be collected from…

Daily News Egypt

IPOs will support public sector businesses: Minister of Industry

Abdel Nour said that the investment climate has improved significantly over the…

Daily News Egypt

Reforms will help curb budget deficit: Mehleb

Outgoing Prime Minister Ibrahim Mehleb said the government has presented a ‘bold’…

Daily News Egypt

Transportation ministry announces 28 new investment opportunities

Ministry of transportation reveals investment opportunities involve 3 railway projects, 3 road…

Doaa Farid

Al-Sisi condemned for withholding his platform

Al-Sisi, Sabahy hold meetings over their presidential campaigns

Daily News Egypt