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Financials and Investment News in Egypt

Sherif Ismail held meeting with ministers of electricity and international cooperation and transport
5/29/2016 - PM Sherif Ismail held a series of meetings with the ministers of international cooperation, electricity, transport, to review a number of files important work in general, and developmental projects an...
Galal Saeed Takes Part in Egypt’s 2nd Investment Forum
5/30/2016 - Transport Minister Galal Saeed took part in Egypt's 2nd Investment Forum, organized by the Federation of Egyptian Chambers of Commerce.

The minister attended a session titled "Investment Oppo...
Sherif Ismail Urges Rationalizing Electricity, Fuel Consumption
5/30/2016 - Prime Minister Sherif Ismail called for rationalizing the consumption of electricity and fuel to ease the burden on imports and save foreign currency.

The premier directives were issued at a ...
Sisi Meets President of EBRD on Investment in Egypt
Sisi Meets President of EBRD on Investment in Egypt 6/1/2016 - President Abdel Fattah El Sisi met President of the European Bank for Reconstruction and Development (EBRD) Sir Suma Chakrabarti to discuss steps taken to upgrade the infrastructure and create an inve...
Sherif Ismail Receives his Hungarian Counterpart
Sherif Ismail Receives his Hungarian Counterpart 6/1/2016 - Prime Minister Sherif Ismail received at Cairo International Airport his Hungarian counterpart Viktor Orbán who arrived here evening leading a high-level delegation of government officials and represe...
Sisi Greets China on 60th Anniversary of Diplomatic Relations
6/1/2016 - President Abdel Fattah El Sisi expressed his greetings to the Chinese people over the 60th anniversary of establishing diplomatic relations between Egypt and China.

Addressing a ceremony at t...
Hungary to Finance Egypt's €900 mln Purchase of 700 Train Carriages
6/1/2016 - Egypt and Hungary have signed a letter of intent (LoI) where Hungary will finance its sale of 700 train carriages to the Arab nation in a deal worth 900 million euros (roughly $1 billion), said the Eg...
Sisi, Hungarian PM Attend Signing of 5 Cooperation Deals
6/2/2016 - President Abdel Fattah El Sisi and visiting Hungarian Prime Minister Viktor Orbán attended the signing of five memos of understanding and letters of intent between the two countries.

Minister...
Egyptian, Bavarian Ministers Discuss Cooperation
Egyptian, Bavarian Ministers Discuss Cooperation 6/2/2016 - Housing Minister Moustafa Madbouly discussed with Bavarian Economic Minister Franz Josef Strauss ways of boosting bilateral cooperation.

This came on the fringe of the IFAT exhibition, consid...
Suez Canal Revenues hit 9.9 bn pounds in 1st quarter of 2016
Suez Canal Revenues hit 9.9 bn pounds in 1st quarter of 2016 6/2/2016 - The revenues of Suez Canal in the first quarter of 2016 hit 9.964 billion pounds, Chairman of Suez Canal Authority Mohab Mamish said.

Suez Canal revenues were increased by 592.4 million pound...
Mamish: East Port Said Harbor to be Finalized in 2018
Mamish: East Port Said Harbor to be Finalized in 2018 6/3/2016 - Suez Canal Authority Chairman Mohab Mamish said the East Port Said harbor will be finalized in 2018.

In press statements, Mamish noted that the authority is implementing short, medium and lon...
Sherif Ismail visit Al-Gharbia Governorate
Sherif Ismail visit Al-Gharbia Governorate 6/4/2016 - PM Sherif Ismail was accompanied by the ministers of planning, logistics, local development, health, and the governor of Al Gharbia, inspected a number of development projects and service in Al-Gharbi...
Egypt, Germany Sign EUR 153 Million Deal
6/4/2016 - International Cooperation Minister Sahar Nasr signed a cooperation deal with the German side during attending a meeting of the Egyptian-German joint committee in Berlin.

Trade and Industry Mi...
Sherif Ismail Inspects Development Projects in Gharbiya
Sherif Ismail Inspects Development Projects in Gharbiya 6/4/2016 - Prime Minister Sherif Ismail inspected a number of development and services projects in Gharbiya governorate.

Ismail wanted to get firsthand information about the infrastructure, health and h...
Moustafa Madbouli back home from Germany
6/5/2016 - Housing Minister Moustafa Madbouli returned to Cairo from Munich after a five-day visit to Germany during which he took part in IFAT fair.

IFAT is the world's leading trade fair for water, ...
Egyptian-German Economic Cooperation Up by 50 percent
6/5/2016 - Economic cooperation between Egypt and Germany increased by 50 percent after the two countries sealed their latest agreement, said the Ministry of International Cooperation.

The two countries...
Sahar Nasr: Setting Up Unit to Supervise Cooperation with Germany
Sahar Nasr: Setting Up Unit to Supervise Cooperation with Germany 6/6/2016 - International Cooperation Minister Sahar Nasr agreed with the German side on inking cooperation agreements between the Egyptian governorates and German provinces and paying visits to a number of devel...
Sherif Ismail: Government Does its Best to Control Prices
Sherif Ismail: Government Does its Best to Control Prices 6/6/2016 - Prime Minister Sherif Ismail has stressed the importance of controlling prices of basic foodstuffs and solving citizens' problems.

Minister of Supply Khaled Hanafy has announced providing big...
Sherif Ismail Forms Committee to Follow up Projects
Sherif Ismail Forms Committee to Follow up Projects 6/7/2016 - Prime Minister Sherif Ismail decided to form a committee to follow up the ongoing projects in Egypt.

The prime minister will be the rapporteur of the committee that will include as members th...
Egypt: Cabinet Reviews Bills Needed to Promote SMEs
6/7/2016 - Prime Minister Sherif Ismail directed to prepare as soon as possible a number of draft laws needed to promote investment and small and medium-sized enterprises (SMEs).

This came during his me...

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