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Osama Saleh latest

The interim government’s stimulus plan, which was said to span between six to nine months starting from late August 2013, amounts to EGP 29.6bn and aimed at generating 3% economic growth over the fiscal year 2013/2014.

May 12th, 2014 - 02:55 GMT

Ready to be stimulated: Egypt's first stimulus package projects 'almost done'

The minister pointed out that by the end of April 60% of the first stimulus package projects, which started in November, was completed.

At the same time the government is looking to ease restrictions on mortgages, it is also stepping up its efforts to supply more low-cost housing.

February 28th, 2014 - 12:33 GMT

Forget the Arab Spring, is Egypt facing a real housing crisis?

Egypt's public business sector will now be handled by the ministry of foreign trade and industry rather than the investment ministry (File Archive/AFP)

February 27th, 2014 - 10:00 GMT

What Egypt’s government reshuffle means for business

Al Bawaba

January 24th, 2014 - 09:37 GMT

Egypt PM pledges no return to military rule

Before Egypt’s 2011 revolution, it was attracting net foreign direct investment of around $8bn annually, according to central bank data.

January 21st, 2014 - 09:17 GMT

Two celebrations in one: Egypt's investments expected to rise 33% with new constitution

The Saudi Ambassador in Cairo, Ahmed Kattan said, “Trade between the two states has continuously grown since the January 25th Revolution. It now exceeds $5bn.

January 5th, 2014 - 04:31 GMT

Grand hopes: New Saudi-Egyptian partnership aims to attract 200 companies to Egypt

Egypt has signed oil and gas exploration agreements with Apache Corporation, Royal Dutch Shell and GDF Suez, the Egyptian state news agency reported.

December 9th, 2013 - 03:55 GMT

Desperate for an economic makeover, Egypt signs historic oil exploration deals with foreign firms

The forum resulted in Gulf investors committing to launch a total of 66 new projects in Egypt, according to state news agency MENA.

December 8th, 2013 - 03:55 GMT

Crossing a fine line between optimism and delusion? 'Arab investments in Egypt reach $50 billion'-says Minister

Egypt's interim president Adly Mansour previously met with Bahrain's King Hamad to discuss investment ties. Egypt hopes to extend investment ties with other GCC nations as well in the upcoming months (Courtesy of Bahrain News Agency)

November 20th, 2013 - 10:41 GMT

Is Egypt next locale for GCC investment? Prospects developing ahead of Cairo conference

Eypt is safe from risks of rising external debt levels and the current debt size poses no threats, said Deputy Prime Minister and Minister of International Cooperation Ziad Bahaa El-Din in a press conference on Sunday.

November 18th, 2013 - 06:08 GMT

Sensible or delusional? Egypt's external debt 'not a threat'- deputy PM

"No country is taking the lead, it is an Egyptian project," said the country's investment minister.

November 12th, 2013 - 04:55 GMT

Egypt to finalize tender for Suez Canal development, but this time along, Qatar stands no chance

Abu Dhabi’s index climbed 0.5 percent, hitting a fresh 57-month high

July 17th, 2013 - 07:57 GMT

Egypt shares soar to six-week high ahead of cabinet formation

Egyptian President Mohamed Morsi (AFP)

April 22nd, 2013 - 07:48 GMT

Egyptian President reshuffles Cabinet without consulting advisers