Egypt

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  • PM: "Ras El Hikma" project biggest investment deal in Egypt's history, 3 last New Administrative Capital

    Date: 2024-02-23 17:53:41 GMT - Egypt - Egypt - SN:45 - ID:10594824

    The prime minister said that the success of global economies is judged by their ability to lure foreign direct investment through asset purchases. He said the State earnestly seeks to enhance the partnership with the private sector and attract ....

  • PM: "Ras El Hikma" project biggest investment deal in Egypt's history, 3 New Administrative Capital

    Date: 2024-02-23 17:03:36 GMT - Egypt - Egypt - SN:44 - ID:10594848

    The prime minister pointed out that the State will get 35% of the project's profits. He said the UAE side will invest nearly USD 150 billion throughout all phases of the project, adding that USD 35 billion will be injected into the national economy ....

  • PM says govt committed to compensating residents of Ras El Hikma

    Date: 2024-02-23 16:28:31 GMT - Egypt - Egypt - SN:42 - ID:10594793

    CAIRO, Feb 23 (MENA) - Prime Minister Moustafa Madbouli said Friday that Egypt is committed to compensating, in cash and in kind, residents of Matrouh living on the land allocated for a project to develop the Ras El Hikma region. Speaking to ....

  • PM: "Ras El Hikma" project biggest investment deal in Egypt's history, 2 New Administrative Capital

    Date: 2024-02-23 16:24:30 GMT - Egypt - Egypt - SN:41 - ID:10594769

    The prime minister explained the project is implemented as per the same mechanism pursued by the New Urban Communities Authority with all real-estate developers and the private sector. He noted the project, carried out in partnership with the ....

  • PM: "Ras El Hikma" project biggest investment deal in Egypt's history

    Date: 2024-02-23 15:52:28 GMT - Egypt - Egypt - SN:38 - ID:10594766

    CAIRO, Feb 23 (MENA) - Prime Minister Mostafa Madbouli said the development project of Ras El Hikma city on the North Coast is the biggest foreign direct investment deal in Egypt's history. In a press conference held at the New Administrative ....

  • MP says Sisi pays big attention to facing climate challenges

    Date: 2024-02-23 15:48:41 GMT - Jordan - Egypt - SN:40 - ID:10594383

    AMMAN, Feb 23 (MENA) – President Abdel Fattah El Sisi pays big attention to the file of climate challenges with the aim to achieve environmental sustainability in Egypt, said MP Solaf Darwish, the undersecretary of the manpower committee at the ....

  • PM: Foreign direct investments worth $35 bln to be pumped as part of Ras El Hikma development project

    Date: 2024-02-23 15:36:11 GMT - Egypt - Egypt - SN:39 - ID:10594743

    CAIRO, Feb 23 (MENA) - Prime Minister Mostafa Madbouly said the Ras El Hikma development project in Egypt’s northwest coast, to be implemented through partnership between Egypt and the United Arab Emirates, will include in its first phase foreign ....

  • Egypt, World Bank probe bolstering cooperation in climate-related issues

    Date: 2024-02-23 12:37:34 GMT - Egypt - Egypt - SN:29 - ID:10594387

    CAIRO, Feb 23 (MENA) - Minister of Environment Yasmine Fouad has discussed with the World Bank’s mission, led by the Regional Director for Sustainable Development, Middle East and North Africa Meskerem Brhane, the latest developments as regards ....

  • Finance min. says work underway to upgrade customs capabilities

    Date: 2024-02-23 12:08:30 GMT - Egypt - Egypt - SN:28 - ID:10594340

    CAIRO, Feb 23 (MENA) – Finance Minister Mohamed Maait said Friday that upgrading the digital infrastructure of the Egyptian Customs Authority and automating all measures through the “Nafeza” platform will contribute to transforming to the digital ....

  • MP Ayman Mohasseb commends gov't success in attracting huge FDIs

    Date: 2024-02-23 09:14:41 GMT - Egypt - Egypt - SN:23 - ID:10594094

    CAIRO, Feb 23 (MENA) - Ayman Mohasseb, Member of the House of Representatives and rapporteur of the Investment Priorities Committee of the National Dialogue, praised the government's success in attracting huge foreign direct investments (FDIs) to ....

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