Investment

Egypt's Finance Minister Ahmed Kouchouk announced that his ministry seeks to deepen ties with the Mostakbal Misr for Sustainable Development Authority to support economic growth and create sustainable jobs. The statement came during a meeting with executive director Bahaa El-Ghannam at the authority's headquarters.

March 25, 2026 Reported by AI

Egyptian President Abdel Fattah Al-Sisi called on Wednesday for removing obstacles facing investment and industrial sectors to boost local production and attract greater foreign and Arab investment, according to a presidential statement. Al-Sisi met with Prime Minister Mostafa Madbouly and a number of senior officials.

Deputy Prime Minister Oscar Perez-Oliva announced that Cubans abroad can partner with private and state businesses in Cuba, open bank accounts, and receive land in usufruct. The measures aim to attract diaspora financing amid US sanctions. The announcement follows Havana's recent admission of dialogue with Washington.

March 17, 2026 Reported by AI

Four regional councilors from Samling för Dalarna unveiled plans on Tuesday for a 1.2 billion kronor renovation of Mora lasarett. The investment addresses 1970s operating rooms, work environment issues, and threats of fines following a prolonged process with setbacks.

Sherif Fathy, Egypt’s Minister of Tourism and Antiquities, began his Sharm El-Sheikh visit with a meeting with Ismail Kamal, Governor of South Sinai, to discuss strengthening cooperation for the tourism sector. The talks covered increasing inbound tourists and improving service quality.

March 16, 2026 Reported by AI

Electronic Gaming Development Company, linked to Saudi Arabia's Public Investment Fund, has purchased 5.03% of Capcom shares. This adds to a previous 5% stake held by the PIF since 2022, bringing total Saudi ownership to over 10%. The move is described as pure investment amid Capcom's recent successes.