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Egypt’s Prime Minister Mostafa Madbouly Monday said the Arab republic is eager to host the new headquarters of the African Medicines Agency (AMA). AMA headquarters, Madbouly hints, will be located in Egypt’s new administrative capital. Madbouly, Arab News reports, indicated Read more
Malta Government Investments (MGI), the Sovereign Fund of Egypt (SFE), and French public investment bank Bpifrance have signed to found the European, Middle East, and North Africa (EMENA) Sovereign Wealth Funds Foundation in Malta, the three said in a statement. Read more
Saudi Arabia has deposited $5 billion at the Central Bank of Egypt (CBE), the kingdom’s press agency SPA has announced. As part of historical solid bonds and close cooperation relations between the Kingdom of Saudi Arabia and the Arab Republic Read more
Qatar will invest $5 billion into the Egyptian economy in unspecified sectors, the government of the Arab republic has said a statement. Statement came following a meeting on March 29th in Cairo between the Egyptian Prime minister Mostafa Madbouli and Read more
The Egyptian government has signed an agreement with France for manufacturing and supply of 55 air-conditioned rail carriages for the First Line of Cairo Metro for €776.9 million, the Arab country said in a statement according to Arab Finance. Alstom Read more
Egypt and Vicat Group, a French cement producer, have reached a final settlement with the Egyptian government over an investment in an effort by the Arab country to attract more foreign direct investments. The agreement was signed by Minister of Read more
Egypt’s President Abdelfattah al-Sisi Tuesday hosted in the resort city of Sharm El Sheikh both Sheikh Mohamed bin Zayed, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the Armed Forces and Israeli Prime Minister Naftali Bennett in a Read more
Egypt’s three biggest state-owned banks are setting up an $85 million financial technology fund that aims to accelerate innovation in the sector, Reuters reports citing venture capital firm Global Ventures, a partner in the fund. Global Ventures, which focuses on Read more
Egypt Sunday hosted political consultations with Saudi Arabia on bilateral relations and regional issues as ways to boost their ties, Daily News Egypt reports. The talks, the media notes, dealt with a number of regional and international files of mutual Read more
Saudi Arabia’s sovereign wealth fund, Saudi Public Fund, will set up a public fund in Egypt per an agreement signed with the Arab republic, amid Cairo’s search for financial support from Gulf countries. The deal was signed Thursday in Cairo Read more