Foreign investment in “Israel” plummeted 60 percent during the first quarter of the year, according to a report released yesterday by the Finance Ministry. The data reveals that Israel attracted approximately $2.6 billion in foreign [ More … ]
Emirati Minister of Industry and Advanced Technology said on Wednesday that Turkey and the United Arab Emirates are entering a new era of relations, according to Anadolu News Agency. Speaking to Turkish state broadcaster, TRT, [ More … ]
Saudi Arabia’s King Salman landed in Moscow on Wednesday, in the first official visit to Russia, where he is expected to discuss energy and regional affairs. Saudi Arabia’s King Salman arrived in Moscow on Wednesday, [ More … ]
The United States ambassador to Egypt R. Stephen Beecroft said that his country’s support of Egypt in its fight against terrorism is “firm, ongoing and eager. During the annual meeting of the American Chamber of [ More … ]
The mayor of Mogadishu, speaking during a visit by Turkey’s deputy prime minister, said Mogadishu was ready for more foreign investment as its security and infrastructure situation improves. The capital of Somalia is now open [ More … ]
For the second time in less than a month, Sudan’s President Omar al-Bashir criticized Egypt during his latest visit to the United Arab Emirates (UAE), saying that Cairo provided “arms and ammunition to the troops [ More … ]
A number of high-profile German MPs delegations arrived in Cairo this week in preparation for German Chancellor Angela Merkel’s visit to Egypt on 2 March, reported al-Ahram, an Egyptian state-owned newspaper. The German delegation led [ More … ]
The European Bank for Reconstruction and Development’s investments in 42 drinking and tap water projects have reached 2 million Euros since 2013. Hana Khaled, first sector banker at the European Bank for Reconstruction and Development,said“The [ More … ]
Janet Heckman was appointed by the European Bank for Reconstruction and Development (EBRD) as its new Managing Director for the southern and eastern Mediterranean (SEMED) region. Ms. Heckman has met Egypt’s iternational cooperation minister. Ms Heckman [ More … ]
Sudan will inaugurate next Thursday its mega electricity project of Upper Atbara and Setit Dams complex, east Sudan, which is considered the largest project in the country to generate hydroelectric power with 320 megawatts, expected [ More … ]
Renewable energy projects in Egypt face many obstacles after halting various projects that have started two years ago The number of companies that withdrew from the feed-in tariff projects increased to 29 companies. Investors -who [ More … ]
Turkey’s moves to gain more influence in African trade is “at the point of no return” and “should go on” despite the presence of giant competitors on the continent according to economic analysts. Turkey has [ More … ]
Egypt eyes to secure a new deposit from Saudi Arabia worth $2-3 billion as part of about $6 billion in bilateral financing required to secure an IMF loan, the finance minister said in comments published [ More … ]
Qatar’s sovereign wealth fund has made an iconic purchase of $622-million in the American company that owns New York’s Empire State Building, reported Associated Press. The Qatar Investment Authority comes as the Doha fund increases [ More … ]
– Qatari Ambassador to Ankara says bi-lateral trade could double through commitment to undertaking further investments in Turkey – Qatar does not see any economic or political risks against investing in Turkey, despite the July [ More … ]
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