Economy and Investment - Page 6
171 articles
Egypt's Investment Risk Rating Hits Lowest Level Since 2014
Egypt's investment risk rating has dropped to its lowest point in a decade, according to Finance Minister Ahmed Kouchouk, as international investors respond positively to recent economic reforms and renewed private sector growth.
Algeria Hits Three-Year High in Natural Gas Production for 2026
Algeria has raised its natural gas output by 4.2% in the first half of 2026, reaching 54.01 billion m³-the highest level in three years-strengthening its role as a key supplier to Europe amid ongoing energy market pressures.
Libya's National Development Agency Seeks Renewable Energy Investment in Cyprus
Libya's National Development Agency has held talks in Cyprus to explore investment in solar and energy storage projects, aiming to address severe power shortages in eastern Libya and diversify the country's electricity sources.
Gold Prices in Egypt Surge 5.8% Amid Currency Pressure
Egyptian gold prices climbed 5.8% last week, reaching an 11-week high as global gold rallied and the Egyptian pound weakened against the US dollar. The move reflects both international market dynamics and shifting local demand.
Egypt Targets Two-Day Customs Clearance to Boost Trade Efficiency
Egypt's Ministry of Investment and Foreign Trade is working to cut average customs clearance times from 16 days to just two, aiming to strengthen the competitiveness of Egyptian exports and improve supply chain efficiency through digitalisation and regulatory reforms.
Chinese Car Imports Intensify Price Competition in Algeria
Algeria's car market could see price drops of up to 100 million centimes on some models if Chinese vehicle prices and shipping costs continue to fall, but experts warn that actual outcomes depend on import flows and market realities.
Italian Agritech Delegation to Support Algeria's Farm Modernisation
Fifteen Italian agricultural technology firms will visit Algiers in September 2026, aiming to accelerate Algeria's push for food sovereignty by introducing advanced equipment, digital tools, and irrigation solutions to the country's farming sector.
CPA Launches New Financing Scheme for Algeria's Ageing Bus Fleet
The Crédit populaire d'Algérie (CPA) has introduced a new financing offer for collective transport operators, aiming to accelerate the replacement of buses over 25 years old and support the modernisation of Algeria's public transport sector.
Benghazi Chamber of Commerce Backs Julyana Tourist Area Project
The Benghazi Chamber of Commerce has joined the contract signing for the Julyana Tourist Area, a major development aiming to attract investment, boost tourism, and support urban regeneration in Benghazi.
Egypt Highlights 10 New Industrial Complexes to Attract Investment
Egypt's government is promoting ten ready-to-operate industrial complexes in Upper Egypt, offering tax incentives, improved logistics, and workforce development to attract both local and foreign investors and drive regional economic growth.
Egypt plans climate action for Qena and Kafr El-Sheikh to 2035
Egypt's Ministry of Local Development and Environment is preparing climate action plans for Qena and Kafr El-Sheikh governorates through 2035, aiming to integrate adaptation and emissions-reduction projects into local development and attract international climate finance.
Egypt's Top 10 Developers Reach EGP 670bn in H1 2026 Sales
Egypt's leading real estate developers posted EGP 670bn in combined sales for H1 2026, a 2.9% increase year-on-year, even as unit sales declined, highlighting the impact of rising property prices on the market.
Egypt to Launch Major Upgrade of Agricultural Drainage Networks
Egypt is preparing a national programme to construct, rehabilitate and replace subsurface drainage networks across 1.4 million feddans, aiming to modernise water management and support agricultural productivity through digital systems.
Atef Abdel Latif: Cinema and Tourism as Egypt's Soft Power
Dr. Atef Abdel Latif, with over 40 years in tourism, media, and film, argues that integrating cinema and tourism can project Egypt's authentic image globally, drive economic growth, and position the country as a premier destination for both visitors and international productions.
Egypt's Central Bank Expected to Hold Rates as Inflation Rises
The Central Bank of Egypt is widely expected to keep its key interest rates unchanged for a fourth consecutive meeting, as policymakers weigh persistent inflationary pressures and a resilient external position amid regional uncertainties.
Egypt launches $658m phosphoric acid complex to boost mining exports
Egypt has begun construction of a $658m phosphoric acid complex in the New Valley Governorate, aiming to process local phosphate ore for export and generate foreign currency. The project marks a shift toward higher-value mineral processing.
Egypt issues regulatory framework for short selling on EGX
Egypt's Financial Regulatory Authority has approved a comprehensive framework for short selling on the Egyptian Exchange, introducing new risk controls and operational requirements as part of broader capital market reforms.
Libya Suspends 27 Companies Over Foreign Trade Compliance Review
Libya's Ministry of Economy and Trade has halted the commercial activities of 27 companies as it investigates their adherence to foreign trade regulations on letters of credit, affecting over $146 million in import financing and signaling tighter oversight.
Chinese Nantong Construction to Finance Industrial Projects in Libya
Chinese Nantong Construction Company has signaled readiness to finance multiple investment and industrial projects in Libya, following discussions with the Ministry of Housing and Reconstruction. The move could accelerate Libya's industrial recovery and deepen Sino-Libyan cooperation.
Portugal, Italy and Greece Lead EU Golden Visa Rankings for 2026
A new study places Portugal, Italy and Greece among the top five global destinations for high-net-worth individuals seeking residence, highlighting their appeal for investors and families amid shifting EU migration and investment policies.
Algeria Targets 20,000 Investment Projects by 2029 in New Government Plan
Algeria's government has set a goal to enable 20,000 investment projects by 2029, anchored by a nationwide survey of available economic land and a five-pillar strategy to unlock and develop key sites.
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