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Homeforeign investment

foreign investment

Egypt Latest News

Foreign Investment in Egypt Declines

October 7, 2018 Ahmed Rashed

Foreign direct investment (FDI) in Egypt’s non-oil economy fell in the second quarter to its lowest levels since just after an IMF-backed austerity plan began nearly two years ago, a sign more pain may lie [ More … ]

Egypt Latest News

Sameh Shoukry’s Visit to Berlin: Germany Enhancing Bilateral Relations with Egypt Despite Rights Violations

January 15, 2017 Ahmed Rashed

Egypt’s Foreign minister Sameh Shoukry ended his two-day visit to Berlin where he met with German Foreign minister and members of parliament and held interviews with German media. Shoukry’s meeting with German Foreign Minister Frank-Walter Steinmeier [ More … ]

Egypt Latest News

Al- Sisi Might Get Some Respite from the IMF, But Probably Not For Long

September 30, 2016 Ahmed Rashed

Since Abdel Fattah al-Sisi has pursued office in mid-2014 after he led a military coup in 2013 against Mohamed Morsi, the first democratically elected president, the two main goals of al-Sisi were to maintain social [ More … ]

Egypt Latest News

Egyptian FM Spokesperson Welcomes US Support of Egypt’s Economic Reform

August 28, 2016 Ahmed Rashed

Ahmed Abu Zeid, the spokesperson of Egypt’s Foreign Ministry, has welcomed the US State Department spokesperson regarding the US support to Egypt’s economic reform ahead of the IMF loan, according to Al-Shorouk. Egypt’s FM spokesperson [ More … ]

Egypt Latest News

The “New Suez Canal” Shunt: Al-Sisi’s Misleading Project

August 23, 2016 Ahmed Rashed

This month, Egypt celebrated the 60th. anniversary of the Suez Canal. In fact, the anniversary offered Abdel Fattah al-Sisi “a ready-made opportunity to bask in the reflected light of Nasser’s – and Egypt’s – historic [ More … ]

Turkey Latest News

Turkey in pursuit of $24B foreign investment

August 11, 2016 MEO Staff

– Turkey to announce new foreign investments this month in meeting hosted by PM, head of investment agency says – More than 150 new investment projects, with a total value of $24 billion, are a [ More … ]

Egypt Latest News

The Egyptian Pound Continues Its Decline In Black Market Trading

July 20, 2016 Ahmed Rashed

The Egyptian pound continues its decline in black market trading, with speculations that policy makers will weaken the official exchange rate to end the country’s shortage of foreign currency, reported Bloomberg. According to the average quote [ More … ]

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Egypt Latest News

Al-Sisi Rules Egypt As If It Were a Military Camp

July 8, 2016 Ahmed Rashed

During two years in office, Egypt’s general-turned president Abdel-Fattah Al-Sisi has sought to impose a military-style discipline on Egypt after he led a military coup in 2013 against the first democratically elected President Mohamed Morsi. [ More … ]

Egypt Latest News

Black Market Dealers Carry out External Transactions to Escape CBE Policies

June 16, 2016 Ahmed Rashed

The efforts of the Central Bank of Egypt (CBE) to abolish illegal currency trading are pushing black market dealers towards carrying out external transactions, to remain away from the reach of the law.  The black [ More … ]

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Egypt Latest News
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Egypt Latest News
January 23, 2023

Egypt: Juhayna’s founder ‘Safwan Thabet’ and his son, at last released from prison

Egypt Latest News
January 22, 2023
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