• Tuesday, 21 January 2020

    Emirati company looking to establish microfinance unit in Egypt

    A major Emirati company is considering launching a microfinancing arm in Egypt, Al Mal reports, citing three sources familiar with the matter. They said the company is currently assessing the Egyptian market and will submit a licensing request to the...
  • Tuesday, 21 January 2020

    EGPC signs USD 450 mn in oil and gas E&P agreements

    EGPC signs USD 450 mn in oil and gas E&P agreements: The state-owned Egyptian General Petroleum Corporation (EGPC) yesterday signed nine oil and gas exploration and production agreements that will see companies invest at least USD 452 mn to drill...
  • Thursday, 16 January 2020

    EBRD invests USD 60 mn in Egypt’s Infinity Energy

    INVESTMENT WATCH- EBRD invests USD 60 mn in Egypt’s Infinity Energy: The European Bank for Reconstruction and Development (EBRD) has become a shareholder in Infinity Energy after investing USD 60 mn equity in the energy company, according to an official...
  • Thursday, 16 January 2020

    Last night’s talk shows for Wednesday 15 January 2020

    It was an extremely slow night on the airwaves last night, with the nation’s talking heads running out of steam as they wrapped up the week. By far the biggest story of the night was the news that Egyptian authorities...
  • Thursday, 19 December 2019

    UAE encouraging companies to invest in Egypt -Mubadala CDO

    UAE encouraging companies to invest in Egypt -Mubadala CDO: The Emirati government is encouraging companies to increase their investments in the Egyptian oil and gas, renewable energy, and construction sectors, Mubadala Chief Development Officer Sheikh Mansour Al Hamed told Investment...
  • Thursday, 12 December 2019

    UAE plans to double its investments in Egypt over the next five years

    INVESTMENT WATCH- The UAE plans to double investment in Egypt over the next five years: Jamal Al-Jarwan, secretary general of the UAE International Investors Council, said that the country aims to double its investments in Egypt from USD 7.2 bn...
  • Wednesday, 11 December 2019

    Egypt ranks 116th on the 2019 Human Development Report

    Egypt ranks 116 on 2019 Human Development Report: Egypt’s Human Development Index (HDI) score improved slightly from 0.696 in 2017 to 0.70 in 2018, placing the country in the “high human development” category. Our score is below the category average...
  • Wednesday, 11 December 2019

    Al Nowais to build two renewable energy plants worth EGP 16 bn

    INVESTMENT WATCH- Al Nowais to build two wind, solar energy plants worth EGP 16 bn: Egypt yesterday signed an agreement with UAE’s Al Nowais Investments to build two renewable energy plants worth a combined EGP 16 bn, according to a...
  • Sunday, 1 December 2019

    What we’re tracking on 1 December 2019

    Would someone mind explaining where 2019 went? Or the past decade, for that matter? Happy December, everyone. It’s official: Tarek Amer has been given a second and final four-year term as governor of the Central Bank of Egypt after the...

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