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FINANCIAL NEWS
Egypt’s industrial investments grow by 19 percent
26 Jul 2016
(MENAFN) Industrial investments in Egypt are projected to increase by 19 percent this year, compared to last year.
Recently, a total of 1.304 approvals have been given for establishing industrial projects with investments of USD 2.39bn.
Accordingly, 622 projects received immediate and initial but conditioned approvals, while industrial records have been renewed and modified for 3.179 investors.
Moreover, three new factories will be opened in 6th of Oct City in the engineering, medical and aluminum industries worth USD 33.69mn.
More News
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BBK and CrediMax launch exclusive offers for customers in collaboration with The Ritz-Carlton, Bahrain
31 Aug 2025
BBK announces an exceptional 6-month grace period financing campaign for Personal and Car Finance customers
13 Aug 2025
BBK’s BD 5,000,000 Al Hayrat scheme awards BD 680,000 to 390 Al Hayrat winners in August and September
04 Aug 2025
HM the King’s Support for Youth is an Inspirational Model for Their Empowerment Journey
28 Jul 2025
BBK discloses its financial results for the half year ended 30th June 2025
20 Jul 2025
CBB approves the transfer of the retail banking operations of HSBC Bank Middle East, Bahrain Branch to BBK
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