Investment
Banco de la República reported remittances hit US$1.189 billion in May, up 8.5% from the prior year.
Reported by AI
Foreign Minister Gedion Timothewos said the Grand Ethiopian Renaissance Dam and Bishoftu International Airport are confirming Ethiopia as the regional energy and logistics hub.
Norway’s Scatec plans to invest up to $5bn in Egypt’s renewable energy and related sectors over the next two years, officials announced during a meeting with Egyptian leaders.
Reported by AI
Egypt's Minister of Investment and Foreign Trade Mohamed Farid announced the launch of an industrial fund under the Egyptian Sovereign Fund and a unified digital platform to support industry and exports during the Fifth Engineering Export Excellence Awards.
CVC Capital Partners invests in Chess.com
June 24, 2026 16:33PIC board probes CEO Dlamini over whistleblower claims
June 24, 2026 15:13Egypt prioritizes improving global mining investment ranking
June 24, 2026 01:16Japan unveils 2.3 trillion dollar investment plan for 14 years
June 23, 2026 23:11Investment minister discusses reforms with private equity leaders
June 21, 2026 07:23Minister inspects Samsung and ELARABY factories in Beni Suef
June 21, 2026 04:30MIDAR and Majid Al Futtaim sign $3.1bn partnership in New Cairo
June 20, 2026 12:12Egypt discusses deepening investment and trade cooperation with France
June 19, 2026 12:56HMNC Brain Health raises 50 million dollars
June 19, 2026 01:49Bishoftu Abusera Airport Project Set to Deliver Economic Benefits