foreign investments Archives

Maait stresses importance of enhancing contacts with business community in Egypt to lure local, foreign investments

Finance Minister Mohamed Maait stressed the importance of enhancing contacts with the business community to lure local and foreign investments with the objective of expanding the customs and tax services that give incentives to investors as part of the state’s keenness on easing any hardships facing investments. A statement released on Friday by the Ministry …

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Egypt Independent October 28, 2023

Egypt ranks 2nd regionally in volume of foreign investments in ICT startups: minister

Egypt occupies the second place regionally in the volume of foreign investments in startups in the ICT sector, and is also the first in the number of deals, said Talaat, adding startups in Egypt attracted foreign investments worth US$190 million in 2020, which rose to $490 million in 2021 and is expected to reach $850 …

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Egypt Independent September 30, 2022