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Homeinvestment

investment

Egypt Latest News

Egypt: Government expands offer to buy citizenship to attract dollars

March 9, 2023 MEO Staff

A decree most recently issued by the Egyptian government allowing sale of Egyptian citizenship to foreigners in exchange for financial deposits has sparked controversy on social media. To address a chronic shortage of foreign exchange [ More … ]

Egypt Latest News

Egypt: What may MFA Shoukry’s call for exchanging debts for investments mean?

September 25, 2022 MEO Staff

Egypt’s Minister of Foreign Affairs (MFA) Sameh Shoukry calls upon the world’s developed countries to respond positively to demands for exchanging debts for investments between creditors and debtors. Egyptian Foreign Minister Sameh Shoukry has called [ More … ]

Egypt Latest News

Egypt: Why the country’s investment climate is gloomy, analysis

April 24, 2022 Egypt Correspondent

Despite its pro-business talk, the army grabs whatever it wants. In fact, part of the blame is on the IMF for allowing this situation to fester Under Egypt’s military rulers Juhayna, the giant Egyptian dairy [ More … ]

Egypt Latest News

Recent UAE-Egypt $2-bln. deal includes stakes in fertilizer firms

March 24, 2022 MEO Staff

A UAE wealth fund buys stakes in Egyptian fertilizer and cargo companies as part of a $2-billion investment in the country, according to Bloomberg. An Abu Dhabi wealth fund has agreed to invest about $2 [ More … ]

Qatar Latest News

Turkey, Qatar sign 10 new cooperation and investment deals

November 27, 2020 MEO Staff

Turkey and Qatar signed 10 new deals on Nov. 26 at a joint meeting held at the presidential palace in Ankara. Turkish President Recep Tayyip Erdogan and Qatar’s Emir Tamim Hamad al-Thani co-chaired the closed-door meeting. The 10% sale of [ More … ]

Saudi Arabia News

Saudi to invest in India’s downstream oil and gas projects

October 30, 2019 Ahmed Rashed

India’s PM Narendra Modi announced the plans while at an investor summit in Riyadh. Indian Prime Minister Narendra Modi on Tuesday said Saudi Arabia will invest in downstream oil and gas projects in India as part of a strategic partnership between [ More … ]

Egypt Latest News

Dubci, a new ride-hailing app to launch in Egypt competing UBER & Careem!

July 10, 2019 Ahmed Rashed

The company’s social media account show buses, bikes, boats and even helicopters. Media reports linked the company with the Egyptian armed forces, the company denied Official sources told local media that Dubci’s head of human [ More … ]

Turkey Latest News

Turkish economy to create, capitalize on opportunities in times of global turbulence

February 9, 2019 MEO Staff

Acquiring experience with measures taken against the market turmoil in summer of 2018, the Turkish economy is now looking to turn imminent global risks into advantages As the global and regional economies get increasingly exposed [ More … ]

Saudi Arabia News

World Economic Forum Objects to Misuse of the ‘Davos’ Brand by Saudi Arabia

October 23, 2018 MEO Staff

The World Economic Forum objects to the use of the “Davos” brand for events that have nothing to do with its own activities The World Economic Forum, as the International Organization for Public-Private Cooperation, is [ More … ]

Turkey Latest News

Smart Time to Invest in Turkey: US Financial Expert

September 6, 2018 MEO Staff

Investment guru Rogers: US rift with Turkey ‘madness,’ time to invest in Turkish assets The United State’s rift with its NATO ally Turkey is “madness” and smart people are currently investing in Turkish assets, Jim [ More … ]

Egypt Latest News

Egypt Ordered To Pay $2 Billion To Spanish-Italian JV Over Natural Gas Row

September 5, 2018 Ahmed Rashed

A joint venture between Spain’s Naturgy and Italy’s Eni has been awarded a $2bn settlement from Egypt over gas supplies by a World Bank arbitration body, in a move that could accelerate the resumption of [ More … ]

Egypt Latest News

Foreign Investment in Egypt: Reality and Challenges

May 27, 2018 MEO Staff

Dr. Ahmed Zikrallah* Despite the economic measures taken by the Egyptian government to support the domestic and foreign investment climate – most notably the issuance of new laws to regulate investment, companies, capital market, and [ More … ]

Jordan Latest News

Jordan’s Prime Minister to visit Sudan Thursday

August 9, 2017 MEO Staff

Jordanian Prime Minister Hani Al-Mulki would pay a one-day official visit to Khartoum on Thursday, said Sudan’s official news agency SUNA. According to the state agency, Al-Mulki would discuss with the First Vice-President and Prime [ More … ]

Turkey Latest News

World Investment Report: Turkey most active in encouraging FDI

June 9, 2017 Ahmed Rashed

 Last year, Turkey signed seven investment agreements with countries around the world, making it the most active in encouraging investments. The World Investment Report 2017 disclosed late Wednesday says that Turkey, which attracted $12.3 billion [ More … ]

Egypt Latest News

CBE Hikes Key Interest Rates against Economists’ Expectations

May 22, 2017 Ahmed Rashed

Egypt’s central bank raised its key interest rates by 200 basis points, citing stronger economic growth and falling unemployment, confounding the expectations of economists who forecast rates were unlikely to change, reported Reuters. At a [ More … ]

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March 25, 2023

Egypt: Amid financial crisis, IMF prepares 1st. review, World Bank approves $7bln to the country

Egypt Latest News
March 24, 2023
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