Egypt Zones accountACCOUNT

Financials and Investment News in Egypt

Egypt Announces Sharp Rises In Electricity Prices As It Aims To Phase Out Subsidies
Egypt Announces Sharp Rises In Electricity Prices As It Aims To Phase Out Subsidies 8/9/2016 - Egypt will increase electricity prices by up to 40 percent for households as part of its plan to repair its finances by eliminating power subsidies entirely over the next few years, the government sai...
44 ships transit Suez Canal
44 ships transit Suez Canal 8/9/2016 - Forty-four ships transited the Suez Canal on Monday with a total cargo of 2.6 million tons.

The south-bound convoy included 23 vessels carrying 1.3 million tons, while the north-bound conv...
Tarek Qabil to confer with Jordanian PM on consolidating joint economic relations
Tarek Qabil to confer with Jordanian PM on consolidating joint economic relations 8/9/2016 - Minister of Trade and Industry Tarek Qabil embarks on a lightning visit to Jordan where he will meet with Jordanian Prime Minister Hani al Mulqi and Deputy Premier and Minister of Trade Gawad al Anani...
Sherif Ismail highlights importance of depending on local industrial components
Sherif Ismail highlights importance of depending on local industrial components 8/9/2016 - Prime Minister Sherif Ismail highlighted the importance of depending on local industrial components as part of efforts to decrease dependence on imports.

This came during Ismail's meeting ...
Sisi highlights importance of improving telecommunications’ infrastructure
Sisi highlights importance of improving telecommunications’ infrastructure 8/9/2016 - President Abdel Fattah El Sisi highlighted the importance of improving the infrastructure of the telecommunications and information technology sector, especially in Upper Egyptian Governorates.
Egypt Sees 50pct Decrease in Tourists in first Half of 2016
8/9/2016 - The number of tourists coming to Egypt dropped by 50 percent in the first half of 2016 compared to the same period last year, the head of Egypt's Tourism Authority Samy Mahmoud said.

Only thr...
ECA, COMESA Competition Commission sign framework agreement
8/10/2016 - Chairperson of the Egyptian Competition Authority (ECA) Mona el Garf and Representative of COMESA Competition Commission George Lipimile signed a framework agreement to enhance cooperation as regards ...
Essam Fayed starts European trip to explore new technologies
Essam Fayed starts European trip to explore new technologies 8/10/2016 - Minister of Agriculture and Land Reclamation Essam Fayed headed an Egyptian delegation in a trip to Europe during which he would visit Hungary, Netherlands and Spain.

In a statement, Egypt...
Egypt's Cabinet Approves Draft tax Settlement Bill Amid IMF talks
Egypt's Cabinet Approves Draft tax Settlement Bill Amid IMF talks 8/11/2016 - Egypt's government approved a draft bill that would settle tax disputes, the cabinet said in a statement, a move aimed at restoring confidence with investors amidst ongoing talks with the Internationa...
Egypt Reaches A Staff-Level Agreement With IMF Over $12 Bln Fund Facility
Egypt Reaches A Staff-Level Agreement With IMF Over $12 Bln Fund Facility 8/11/2016 - Egypt and the International Monetary Fund have reached an initial financing accord, but it still needs to be approved by the fund's executive board, which is expected to consider the request in the co...
Egypt's Cabinet approves new measures for social housing
Egypt's Cabinet approves new measures for social housing 8/11/2016 - The Egyptian Cabinet approved new measures to facilitate benefiting from the social housing project with the aim of meeting the needs of different classes of citizens.

The measures include ...
Essam Fayed Visits Key Dutch Firms Manufacturing Greenhouses' Components
Essam Fayed Visits Key Dutch Firms Manufacturing Greenhouses' Components 8/12/2016 - Agriculture Minister Essam Fayed, currently visiting Amsterdam, went on an inspection tour of international greenhouse companies. Fayed visited a number of international companies manufacturing green...
Egypt, IDB Discusses New Cooperation Strategy
Egypt, IDB Discusses New Cooperation Strategy 8/12/2016 - Minister of International Cooperation Sahar Nasr received a delegation of the Islamic Development Bank (IDB) led by Mohamed El-Saaty, the Adviser to Bank Vice President. They discussed scopes of futur...
Sherif Ismail says government keen on providing energy
Sherif Ismail says government keen on providing energy 8/12/2016 - Prime Minister Sherif Ismail underlined the government's keenness on providing energy depending on all its sources to meet the needs of economic development.

Traditional, new and renewable en...
Cypriot Ambassador Appreciates Sisi's Efforts To Attract Investments To Egypt
Cypriot Ambassador Appreciates Sisi's Efforts To Attract Investments To Egypt 8/13/2016 - Cypriot Ambassador in Cairo Charis Moritsis said that his country appreciates efforts of President Abdel Fattah El Sisi with the aim of attracting investments to Egypt.

Moritsis stressed impo...
Mohamed Shaker: 136 Companies to Produce 4,300 Megawatts from Solar, Wind Sources
Mohamed Shaker: 136 Companies to Produce 4,300 Megawatts from Solar, Wind Sources 8/14/2016 - Electricity Minister Mohamed Shaker selected 136 companies to produce 4,300 megawatts from solar and wind sources.

The move came during his meeting with investors in renewable energy sector ...
Tarek Qabil: Gov't Gives Priority to SMEs
Tarek Qabil: Gov't Gives Priority to SMEs 8/14/2016 - Industry and Trade Minister Tarek Qabil asserted that the ministry is giving much attention to small and medium-sized enterprises (SMEs) through setting up strategies for upgrading the SMEs sector.
Egypt, Jordan, Iraq Agree On Opening New Markets.
Egypt, Jordan, Iraq Agree On Opening New Markets. 8/14/2016 - Egypt, Jordan and Iraq have agreed on opening new markets for the joint venture of Arab Bridge Maritime in the field of land transport.

Addressing a press conference, Transport Minister Gala...
Uber Egypt: Cairo Fastest Growing City in MENA with 30,000 Drivers
Uber Egypt: Cairo Fastest Growing City in MENA with 30,000 Drivers 8/14/2016 - Thirty-thousand drivers are now using Uber in Cairo as a source of income, making the Egyptian capital the fastest growing city in the region for the car-hailing application since its launch in late 2...
Sheriff Ismail Held Meeting to Discuss Egypt, China Cooperation
Sheriff Ismail Held Meeting to Discuss Egypt, China Cooperation 8/14/2016 - PM Sherif Ismail held a meeting headed by engineer Sharif Ismail, chairman of the Council of Ministers, and the presence of the ministers of electricity, foreign affairs, military production, internat...

Accounting, Statistics Asset Portfolio Management Economics/Financial Analysis Gas Export General Investment Mergers and Acquisitions
For Buyers
Advertise your Purchasing Requests

For Suppliers
Promote your Products
Egypt Zones
Copyright © Universal Solutions All rights reserved. - Privacy Policy.