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Financials and Investment News in Egypt

Suez Canal Revenues up 6.5% in 1st Quarter of 2016
Suez Canal Revenues up 6.5% in 1st Quarter of 2016 4/17/2016 - President Abdel Fattah El Sisi held a meeting with head of the Suez Canal Authority Mohab Mamish.

Presidential Spokesman Alaa Youssef said during the meeting, Mamish reviewed indicators of gr...
Egypt, France Ink Agreements on Cooperation
Egypt, France Ink Agreements on Cooperation 4/18/2016 - Egyptian President Abdelfatah Al-Sisi and his French counterpart Francois Hollande witnessed evening the signing of a number of documents on cooperation in several areas.

The two countries'...
Mamish Meets German Govt Delegation
Mamish Meets German Govt Delegation 4/18/2016 - Chairman of the Suez Canal Authority (SCA) Mohab Mamish received visiting State Secretary in Germany's Bavarian Ministry of Economic Affairs and Media, Energy and Technology Franz Josef Pschierer and ...
Egypt, France Sign Financial Agreements Worth 1.5 bln euros
Egypt, France Sign Financial Agreements Worth 1.5 bln euros 4/18/2016 - Egypt is looking forward to a partnership with French corporations on major national projects such as the Suez Canal Development, President Abdel-Fattah El-Sisi said on Monday during the opening of a ...
Egypt Hopes for more French Investments
Egypt Hopes for more French Investments 4/18/2016 - Egypt's Prime Minister Sherif Ismail expressed to French President Francois Hollande Egypt's hope for more investments during a meeting, the state-owned MENA agency reported.

Egyptian cabin...
Egypt Offers Assistance to Uganda to Avert Effects of Floods
Egypt Offers Assistance to Uganda to Avert Effects of Floods 4/19/2016 - Water Resources and Irrigation Minister Mohamed Abdel Aati met Uganda's Water and Environment Minister Ephraim Kamuntu on bilateral relations in their fields.

In statements, Abdel Aati said E...
83 Egyptian Companies Take Part in Jordan int’l Exhibit for Chemical Industries
83 Egyptian Companies Take Part in Jordan int’l Exhibit for Chemical Industries 4/20/2016 - Egypt's Ambassador to Jordan Khaled Tharwat said that as many as 83 Egyptian companies are taking part in Jordan international exhibition for chemical industries.

The remarks were made on the...
Efforts Underway to Form Egyptian-Bosnian Working Group
Efforts Underway to Form Egyptian-Bosnian Working Group 4/21/2016 - Efforts are underway to form an Egyptian-Bosnian working group to study signing a preferential trade agreement between the two countries, said Trade and Industry Minister Tarek Qabil.

Under t...
Halayeb, Shalateen Residents to Benefit from Takaful, Karama Programs
Halayeb, Shalateen Residents to Benefit from Takaful, Karama Programs 4/21/2016 - Residents of Abu Ramad, Halayeb and Shalateen will be able to benefit from the Takaful and Karama (Solidarity and Dignity) programs, Social Solidarity Minister Ghada Wali said.

Working teams ...
Egypt, Sudan Discuss Cooperation in Meat Processing Field
Egypt, Sudan Discuss Cooperation in Meat Processing Field 4/22/2016 - Supply and Internal Trade Minister Khalid Hanafi discussed with Chairman of the Sudanese Businessmen Union Saud Albrair bilateral cooperation in the field of meat processing.

A statement by t...
UAE Allocates $4 bln to Egypt in Deposit to c.bank and Investments
UAE Allocates $4 bln to Egypt in Deposit to c.bank and Investments 4/22/2016 - The United Arab Emirates has pledged $4 billion to Egypt, half as a deposit in the central bank and the other half in investments in developmental projects, the Emirati news agency WAM reported.
Dalia Khorshid Reviews Establishing Investment Zone in Delta City
Dalia Khorshid Reviews Establishing Investment Zone in Delta City 4/23/2016 - Minister of Investment Dalia Khorshid held a meeting with Kafr el-Sheikh Governor Sayed Nasr and discussed the establishment of industrial, investment and tourist zone in the city.

The proj...
Sherif Ismail Reviews Projects on Sinai Liberation Anniversary
Sherif Ismail Reviews Projects on Sinai Liberation Anniversary 4/23/2016 - Prime Minister Sherif Ismail reviewed the progress realized so far in some development and services projects due to be inaugurated on the anniversary of Sinai Liberation Day.

Ismail said thes...
Cairo, Riyadh Discuss Expansion of Saudi Investments on Egyptian Market
Cairo, Riyadh Discuss Expansion of Saudi Investments on Egyptian Market 4/24/2016 - Investment Minister Dalia Khorshid held a meeting with a delegation from the Egyptian Centers Company, a subsidiary to the Saudi Fawaz Alhokair Group, to discuss a plan for expansion in Egypt.

...
Mohamed Shaker Meets Czech Trade minister on Cooperation
Mohamed Shaker Meets Czech Trade minister on Cooperation 4/25/2016 - Electricity Minister Mohamed Shaker met with Czech Trade and Industry Minister Jan Mladek during a Cairo visit.

The meeting, attended by Czech Ambassador in Cairo and a number of representati...
Egypt, Czech Sign 2 Economic Cooperation Agreements
Egypt, Czech Sign 2 Economic Cooperation Agreements 4/25/2016 - Egypt and the Czech Republic signed two agreements to boost economic cooperation between the two countries.

An agreement was signed between Egypt's Social Fund for Development and the Czech f...
Egyptian-Ugandan Technical Committee Convenes
Egyptian-Ugandan Technical Committee Convenes 4/26/2016 - The technical and directory committee for cooperation among the Egyptian and Ugandan ministries of water resources, irrigation and environment convened in Cairo.

Minister of Water Resources a...
Suez Canal Underground Tunnels Digging to Start in June
Suez Canal Underground Tunnels Digging to Start in June 4/26/2016 - The actual dredging of underground tunnels at the Suez Canal will start in early June 2016 and to be completed in 18 months, Chairman of the Armed Forces Engineering Authority Kamel el Wazzir said.
Bahraini King on Two-day Visit in Cairo
Bahraini King on Two-day Visit in Cairo 4/26/2016 - President Abdel Fattah al-Sisi received Bahraini King Hamad bin Eissa al-Khalifa at the Presidential Palace of Ettihadiya, to tackle international and Arab matters facing the two countries, including ...
Egypt: Increasing Food Supplies by 2.4 Billion Pounds
Egypt: Increasing Food Supplies by 2.4 Billion Pounds 4/26/2016 - PM Sherif Ismail headed the meeting of the Economic Ministerial Committee in the presence of the Ministers of Planning, Supply and internal trade, International cooperation, Trade, Industry, Transport...

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