Tuesday 5 November 2024
 
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Egypt investment

Saudi prince eyes investment in Egypt

Prince Khaled bin Waleed Al Saud, a member of the Saudi Arabian royal family, has expressed his desire to invest in Egypt by establishing a number of projects, especially in Sharm El-Sheikh, a report said. Prince Khaled, who is al

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Saudi prince eyes investment in Egypt

Prince Khaled bin Waleed Al Saud, a member of the Saudi Arabian royal family, has expressed his desire to invest in Egypt by establishing a number of projects, especially in Sharm El-Sheikh, a report said. Prince Khaled, who is al

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Nestle plans $127m expansion in Egypt

Nestle is pushing ahead with plans to invest 1 billion Egyptian pounds ($127.71 million) in Egypt in the next few years, despite a foreign exchange shortage that has made it harder to finance imports and repatriate profit. Yasser

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Strong appetite for investment in Egypt

There is strong appetite to invest in Egypt as reforms being implemented by the country’s government are encouraging growth, said experts at a forum hosted by the National Bank of Abu Dhabi (NBAD). NBAD recently hosted 200 c

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Bahrain’s investment in Egypt total $1.7bn

Bahrain's investments in Egypt amount to $1.7 billion, said a senior government official. Industry and Commerce Minister Zayed Al Zayani was speaking at a Press conference on the sidelines of the Egypt Economic Development Con

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GCC firms seek Egypt investment guarantee

Gulf governments are willing to pour billions of dollars into Egypt to prop up an ally's economy, but businessmen from the wealthy region are far more wary of a country where they have been burned before. Saudi Arabia, Kuwait

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