Osama Saleh

US group to increase investments in Egypt by US$300 mil: Ministry
Business

US group to increase investments in Egypt by US$300 mil: Ministry

Investment Minister Osama Saleh received delegation of the US Improved Petroleum Recovery (IPR) group to discuss desire to increase investments…
Cabinet may reconsider ban on new satellite channels
Egypt

Cabinet may reconsider ban on new satellite channels

  The Cabinet is reconsidering the ban on issuing new permits for private satellite channels, state-run news agency MENA reported…
Revised economic plan hikes cigarette, iron, cement, alcohol taxes
Business

Revised economic plan hikes cigarette, iron, cement, alcohol taxes

Egypt’s amended economic reform plan will raise taxes on cigarettes, alcohol, iron, cement, carbonated drinks and mobile phone use. It…
Minister: IMF loan talks to resume in early March
Business

Minister: IMF loan talks to resume in early March

Egypt will resume talks with the International Monetary Fund on financial aid early next month, Investment Minister Osama Saleh said…
Egypt, Qatar ministers continue talks on investment projects
Business

Egypt, Qatar ministers continue talks on investment projects

The Qatari Finance Minister Youssef Hussein Kamal met with Egyptian Minister of Investment Osama Saleh on Thursday to discuss joint…
Cabinet to approve land for new residential city at US$2 bn cost
Egypt

Cabinet to approve land for new residential city at US$2 bn cost

A residential city will be established 46 km west of the Cairo-Alexandria Desert Road after the Cabinet approves the use…
Govt settles with Saudi investor over Mall of Arabia dispute
Egypt

Govt settles with Saudi investor over Mall of Arabia dispute

The Egyptian government has reached a settlement with a Saudi-owned firm over a work dispute at Mall of Arabia in…
New investment projects to create jobs, reduce unemployment, says minister
Business

New investment projects to create jobs, reduce unemployment, says minister

The government has devised a strategic plan aimed at creating new jobs and reducing the unemployment rate, which Minister of…
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