Investment
South Korea and US finalize trade deal at APEC summit
Raj Patel AI द्वारा उत्पन्न छवि
At the Asia-Pacific Economic Cooperation (APEC) summit, Presidents Lee Jae Myung of South Korea and Donald Trump of the United States finalized details of a $350 billion Korean investment pledge. The deal includes tariff cuts on automobiles and shipbuilding cooperation, along with U.S. approval for South Korea to build nuclear-powered submarines. It marks a new chapter in bilateral industrial and economic ties.
Antam gold price drops Rp45,000 per gram on Tuesday
Antam gold prices fell again on Tuesday (October 28, 2025), dropping Rp45,000 to Rp2.282.000 per gram from Rp2.327.000 previously. The buyback price also declined to Rp2.147.000 per gram. This drop was monitored from PT Antam Tbk's Logam Mulia website.
Egypt becomes regional hub for health investment and innovation: Abdel Ghaffar
Egypt’s Minister of Health and Population, Khaled Abdel Ghaffar, stated that Egypt has become a regional hub for health investment and innovation, highlighting comprehensive healthcare reforms and expanding public-private partnerships. He spoke during a session at the Global Health Exhibition 2025 in Riyadh. He emphasized that every dollar invested in healthcare yields up to fourfold returns in economic and social benefits.
Creecy launches RFI for Prasa's 600 million passenger trips
Transport Minister Barbara Creecy has issued a request for information to attract private investment in rebuilding South Africa's passenger rail network, targeting 600 million annual journeys by the end of the decade. The initiative emphasizes state ownership while seeking market input to design the future of rail amid past challenges like theft and mismanagement. Recent improvements in service reliability offer cautious optimism for recovery.
China unveils pure solid gold amid investment debate
29 अक्टूबर 2025 16:57Japanese insurers trim foreign debt as domestic yields soar
29 अक्टूबर 2025 16:43Al-Ahram Chemicals invests $10m in Sokhna formaldehyde derivatives complex
29 अक्टूबर 2025 10:41No projects finalized under Japan's $550 billion investment pledge
27 अक्टूबर 2025 17:20Egypt's investment minister discusses economic partnership with British ambassador
27 अक्टूबर 2025 14:31Government targets coastal sites for tourism privatization
27 अक्टूबर 2025 13:17Egyptian-Chinese alliance invests $75m in West Qantara projects
26 अक्टूबर 2025 12:31Chinese firms invest $1.3 billion in Nigeria's lithium sector
Lee says South Korea, US remain deadlocked on investment pledge issues
Raj Patel AI द्वारा उत्पन्न छवि
President Lee Jae Myung stated in a Bloomberg interview that South Korea and the United States remain deadlocked on key details of Seoul's $350 billion investment pledge. Negotiations continue on implementing the July trade agreement, with issues including investment methods, amounts, and timelines. He anticipates a rational outcome ahead of talks with President Trump at the APEC summit.
Egypt's al-Mashat to discuss challenges at FII9 in Riyadh
Egypt's Minister of Planning, Economic Development, and International Cooperation, Rania Al-Mashat, has arrived in Saudi Arabia for the Ninth Edition of the Future Investment Initiative (FII9) Conference. Themed 'The Key to Prosperity,' the event is taking place at the King Abdul Aziz International Conference Center in Riyadh until October 30. Al-Mashat will address global challenges and public-private partnerships.
Egypt extends EGP 50bn hotel financing initiative by six months to boost tourism capacity
The Egyptian Cabinet has approved a six-month extension of the EGP 50 billion hotel financing initiative to expand the country's hotel capacity. Ministers of Finance and Tourism announced the decision, effective from October 20, 2025. The move responds to requests from investors seeking to complete ongoing and planned tourism projects.
Ethiopian mining organization exceeds 11.3 billion birr revenue in three months
The Ethiopian Mineral Development Corporation announced generating over 11.3 billion birr in total carbon revenue during the first quarter of the 2018 fiscal year. This result exceeded the set target by 8.5 percent and showed a 58 percent growth compared to the same period last year.
Ethiopia shifts from blanket tax breaks to performance-based incentives
Ethiopia's federal government is undertaking a landmark shift in its investment incentive regime. It is moving away from broad-based tax holidays to performance-based incentives.