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Financials and Investment News in Egypt

Egypt Can be Driving Force
Egypt Can be Driving Force 4/26/2016 - UK Trade Envoy to Egypt Jeffrey Donaldson said Egypt can be a driving force to help achieve economic prosperity in the whole Middle East.

Donaldson said Egypt has investment capabilities qual...
Egypt, Bahrain Sign 11 MoUs at Joint Business Forum
Egypt, Bahrain Sign 11 MoUs at Joint Business Forum 4/26/2016 - Egypt and Bahrain have signed 11 memorandums of understanding (MoUs) in different fields at a joint business forum held in Cairo as the Bahraini king arrived in Egypt for a two-day visit, state news a...
Egyptian, Bahraini Leaders Agree to Boost Cooperation
Egyptian, Bahraini Leaders Agree to Boost Cooperation 4/27/2016 - Egyptian President Abdelfatah Al-Sisi and visiting Bahraini King Hamad bin Isa Al Khalifa stressed the need of promoting cooperation between their two countries in all fields.

Egypt will alw...
Partnership protocols between Japan, Menoufia University
Partnership protocols between Japan, Menoufia University 5/3/2016 - Within the framework of the partnership program launched by the Japanese government following the visit paid by President Abdel Fattah El Sisi to Japan last February, Ambassador of Japan in Cairo Taka...
Sherif Ismail Chairs Meeting to Follow up Ismailia’s Al Amal Village
Sherif Ismail Chairs Meeting to Follow up Ismailia’s Al Amal Village 5/4/2016 - Prime Minister Sherif Ismail chaired a meeting to follow up implementation of the Al Amal Village project which is planned to be carried out in the Suez Canal governorate of Ismailia.

The mee...
Egypt :Ministerial Committee Discuss Developing Basic Rules for Investment
Egypt :Ministerial Committee Discuss Developing Basic Rules for Investment 5/4/2016 - The economic ministerial committee under Prime Minister Sharif Ismail convened in the presence of ministers of international cooperation, industry and trade, finance, business sector, tourism, and inv...
Khalid Hanafy Head for Washington
Khalid Hanafy Head for Washington 5/4/2016 - Supply and Internal Trade Minister Khalid Hanafy left for Washington at an invitation from the World Bank to explain Egypt's experiment in applying the new bread and ration card products systems.
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Egypt's Largest Gold Producer Reports 27% Rise in Profit During First Quarter
Egypt's Largest Gold Producer Reports 27% Rise in Profit During First Quarter 5/4/2016 - Centamin PLC reported a 27 percent year-on-year rise in profit before tax from January to March, adding that its 2016 production target from Egypt’s flagship gold mine Sukari remains unchanged.
Cabinet Approves Urgent Plan to Restore Tourism Movement
Cabinet Approves Urgent Plan to Restore Tourism Movement 5/5/2016 - The Cabinet held a weekly meeting, under Prime Minister Sherif Ismail, to discuss a number of political, economic, social and security files.

The meeting will resume discussions on a number o...
Egypt, S. Korea Business Forum Starts in Cairo
Egypt, S. Korea Business Forum Starts in Cairo 5/5/2016 - The Egyptian-South Korean Business Forum kicked off.

The forum discusses ways of boosting bilateral economic cooperation and exploring investment opportunities in the infrastructure and ener...
Egypt Hopes to Receive $2 bln Deposit from UAE before May End
Egypt Hopes to Receive $2 bln Deposit from UAE before May End 5/5/2016 - Egypt is negotiating with the United Arab Emirates to receive $2 billion in a Central Bank of Egypt (CBE) deposit before the end of May, the CBE's governor, Tarek Amer, told official news agency MENA....
5.4% Increase in Egypt’s Agricultural Products
5.4% Increase in Egypt’s Agricultural Products 5/6/2016 - Trade and Industry Minister Tareq Qabil said that exports of Egypt's agricultural products achieved a significant growth in 2016, with total export value rising from USD 201 million in January to USD ...
Suez Canal Achieves Record of Crossing Vessels
Suez Canal Achieves Record of Crossing Vessels 5/6/2016 - Head of the Suez Canal Authority Mohab Mamish said that the Suez Canal achieved a record number of 61 vessels crossing the northern and southern entrances of the canal with a load of four million tons...
Sherif Ismail in Meeting over Small, Medium-Sized Enterprises
Sherif Ismail in Meeting over Small, Medium-Sized Enterprises 5/6/2016 - Prime Minister Sherif Ismail chaired a ministerial meeting to discuss development plans of the small and medium-sized enterprises sector.

The ministers of local development, youths and sports...
Egypt, Russia Discuss Boosting Economic Cooperation
Egypt, Russia Discuss Boosting Economic Cooperation 5/6/2016 - International Cooperation Minister Sahar Nasr met with Russian Ambassador to Egypt Sergei Kerbachenko and discussed economic cooperation between the two countries. Present at the meeting was Egyptian ...
El Helaly El Sherbiny: National Project Seeks Building Distinguished Schools
El Helaly El Sherbiny: National Project Seeks Building Distinguished Schools 5/7/2016 - Minister of Education El Helaly El Sherbiny stressed the importance of the national project seeking to build new distinguished model schools.

In press statements, the minister said that the p...
Khorshid Discusses Samsung Investments in Egypt
Khorshid Discusses Samsung Investments in Egypt 5/7/2016 - Investment Minister Dalia Khorshid met with a delegation from Samsung giant company to discuss its current investments in Egypt.

The meeting tackled measures taken by Egypt to enable the Sout...
Egypt Buys 1.15 mln Tonnes of Local Wheat
Egypt Buys 1.15 mln Tonnes of Local Wheat 5/8/2016 - Egypt's government has purchased 1.15 million tonnes of wheat since the beginning of the harvest season in mid-April, 800,000 tonnes of which were procured in the first five days, a cabinet statement ...
Sahar Nasr Meets with WB Delegation
Sahar Nasr Meets with WB Delegation 5/8/2016 - International Cooperation Minister Sahar Nasr held a meeting with a World Bank delegation.

Trade and Industry Minister Tarek Qabil, Qena Governor Abdel Hamid el Hagan and Sohag Governor Ayme...
Sherif Ismail: Top Priority to Resolve all the Problems of Wheat Farmers
Sherif Ismail: Top Priority to Resolve all the Problems of Wheat Farmers 5/8/2016 - Engineer Sherif Ismail, President of the Council of Ministers, visited the operations room for the follow-up to the supply of wheat, formed by the Information and Decision Support of the presidency of...

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