Business
IFAD implements its first investment project in Iraq
The International Fund for Agricultural Development (IFAD) announced today that it has signed an agreement with Iraq that opened the door for the fund to finance its first agricultural investment project in Iraq after the war against ISIS, which will …
Oil prices fall more than $2, giving up previous gains
Oil prices fell on Thursday, giving up their previous gains.
Brent crude futures prices fell more than two dollars to $71.45 a barrel, while US crude futures also fell more than two dollars to $67.62 a barrel.
US Energy Information Administration da…
SCZONE chief: Co-operation with development partners key for expediting green foil production
General Authority for Suez Canal Economic Zone (SCZONE) Chairman Walid Gamal el Dein affirmed willingness to cooperate with all development partners and international institutions to reduce the cost of production and operation and accelerate the pace …
Egypt urges BRICS to push for global financial reform
Minister of Foreign Affairs Badr Abdelatty has called on the BRICS group to play a pivotal role in reforming the international financial structure and providing adequate funding to developing nations.
Abdelatty made his remarks in a meeting on Thursd…
GAFI CEO Collaborates with Free Zone Investors to Meet European Standards
Hossam Heiba, CEO of the General Authority for Investment and Free Zones (GAFI), engaged with investors from free zones in Egypt to deliberate strategies supporting their alignment with new European environmental standards, thereby securing the sustai…
Transport min. holds meetings with heads of several int’l companies
Egyptian Industry and Transport Minister Kamel el Wazir held a series of important meetings with the heads of a number of international companies that cooperate with the Transport Ministry in implementing several projects.
This came during his partic…
PM says gov’t continues efforts to create attractive investment climate
Egypt’s Prime Minister Mostafa Madbouli said the government is continuing its efforts to create an attractive climate for local and foreign investments, through introducing further incentives and facilitation to investors.
Madbouli’s remarks came dur…