Egypt Zones accountACCOUNT

Financials and Investment News in Egypt

Mohamed Saafan: IMF Loan Reflected Confidence In Egyptian Economy
11/20/2016 - Manpower Minister Mohamed Saafan said a loan worth 12 billion dollars approved by the International Monetary Fund (IMF) to Egypt reflected the international confidence in the national economy.

...
Mohamed Abdel Aati Inaugurates Egyptian Water Project in Tanzania
Mohamed Abdel Aati Inaugurates Egyptian Water Project in Tanzania 11/20/2016 - Minister of Water Resources and Irrigation Mohamed Abdel Aati left Cairo heading for Tanzania on a several days' visit.

During his stay in Tanzania, Abdel Aati will inaugurate the second ...
Egyptian Banks Attract $3 Bln After Currency Float
Egyptian Banks Attract $3 Bln After Currency Float 11/21/2016 - Egyptian banks have attracted some $3 billion since Egypt floated its pound earlier this month, central bank sub-governor Tarek Fayed said at a conference.

The central bank abandoned its curr...
Egypt's Suez Canal Sees Revenue down 7pct Year-On-Year
Egypt's Suez Canal Sees Revenue down 7pct Year-On-Year 11/21/2016 - Egypt's revenue from Suez Canal commerce for the month of October registered $418.1 million, down 7 percent compared to the same month last year, according to the state’s information portal.

...
Tarek Qabil: Sisi's Visit to Lisbon Aims at Boosting Trade Cooperation with Portugal, Mercosur
Tarek Qabil: Sisi's Visit to Lisbon Aims at Boosting Trade Cooperation with Portugal, Mercosur 11/22/2016 - Trade and Industry Minister Tareq Qabil said that President Abdel Fattah El Sisi's visit to Lisbon aims at promoting cooperation with Portugal and the economic and political bloc "Mercosur" in all fie...
Cairo Increases White Taxi Rates By 25% after Fuel Price Hikes
11/22/2016 - Cairo’s governor has increased the tariffs of the city’s white taxis by 25 percent in the wake of hikes in fuel prices earlier this month, part of a package of government economic reforms.

Ta...
Paris, Cairo Talk to Establish French Industrial Zone in Alexandria
11/22/2016 - Egypt and France are negotiating to establish a French industrial zone in Alexandria, announced French Chamber of Trade and Industry in Egypt General Director Hassan Bahnam.

“The zone that is...
Egypt’s Suez Canal Revenues Reach $3.7 Bln in 10 Months
Egypt’s Suez Canal Revenues Reach $3.7 Bln in 10 Months 11/22/2016 - Egypt’s Suez Canal revenue reached $3.7 billion in ten months in 2016, state-owned news agency reported.

According to statistics issued from the Suez Canal Authority, a total of 9,745 ships c...
Egypt Targets to Raise $6 Bln from Global Bonds In 2017
Egypt Targets to Raise $6 Bln from Global Bonds In 2017 11/23/2016 - Egypt will offer the bond issuance by mid-January, seeking to collect $6 billion in 2017, said Egyptian Minister of Finance Amr El-Garhy in an interview with Bloomberg published.

“We were pla...
Economic Ministerial Committee to Review Investment Bill Next Week
Economic Ministerial Committee to Review Investment Bill Next Week 11/23/2016 - The economic ministerial committee reviewed in its meeting under Prime Minister Sherif Ismail a draft law on regulating investment incentives.

The law is aimed at luring investments to help...
Egypt Keen on Facing All Economic Challenges
Egypt Keen on Facing All Economic Challenges 11/23/2016 - Industry and Trade Minister Tarek Qabil affirmed the keenness of the Egyptian government on facing all economic challenges and overcoming the current unprecedented hardships.

Addressing an ...
EU Highlights Egypt's Role in Cooperation Program
11/23/2016 - Head of cooperation program at EU delegation in Egypt Diego Escalona Paturel has praised the EU cooperation program in the Mediterranean region.

Addressing the inaugural session of the conf...
Sahar Nasr Urges Forging Arab Economic Strategy to Lift Living Standards
Sahar Nasr Urges Forging Arab Economic Strategy to Lift Living Standards 11/24/2016 - Visiting Egyptian International Cooperation Minister Sahar Nasr underlined the importance of laying down a unified Arab economic strategy to raise living standards in the Arab world.

Addr...
Egyptian-European Business Council Lauds US's Classification of Egypt as Safe Country for Travel
11/24/2016 - The Egyptian European Business Council, under Mohamed Abul Enein, lauded the US State Department's decision classifying Egypt as a safe country for travel and tourism.

In a statement issu...
Sherif Ismail Directs Completing Studies of 2nd, 3rd Phases of Roubiky’s Leather Tannery
Sherif Ismail Directs Completing Studies of 2nd, 3rd Phases of Roubiky’s Leather Tannery 11/24/2016 - Prime Minister Sherif Ismail stressed the importance of completing the studies of the second and third phases of the Roubiky’s leather tannery in Cairo, after the first phase was completed.

...
Transport Ministry Assists Passengers Stranded Between Egypt, Sudan
Transport Ministry Assists Passengers Stranded Between Egypt, Sudan 11/24/2016 - Head of the Nile Valley Authority for River Navigation Mustafa Amer said that the authority’s boats and vessels were regularly operated in Lake Nasser to transport stranded people from and to ports of...
Wind Farm to Be Established In Suez Gulf in Cooperation with EU
Wind Farm to Be Established In Suez Gulf in Cooperation with EU 11/24/2016 - Minister of Cooperation Sahar Nasr signed an agreement to establish a wind farm in the Gulf of Suez in cooperation with KFW Group- Germen Development Bank, French Development Agency, European Investme...
Egypt, Lebanon Discuss Ways to Promote Bilateral Relations
Egypt, Lebanon Discuss Ways to Promote Bilateral Relations 11/26/2016 - Egypt's International Cooperation Minister Sahar Nasr met with Lebanese Finance Minister Ali Hasan al-Khalil on the sidelines of the annual conference of the Union of Arab Banks.

They discuss...
Ghada Wali: Arab Banking Sector's Assets Hit USD 3.3 Trillion
11/26/2016 - Egypt's Social Solidarity Minister Ghada Wali said that the Arab banking sector will see an increasing growth in the coming period.

Addressing the inaugural session of the 21st annual confer...
Cairo, Moscow Close To Signing Dhaba Nuclear Plant Contract
11/27/2016 - Russian Trade Representative in Cairo Fedor A. Lukashin said the Russian State Nuclear Energy Corporation (Rosatom) is currently cooperating with the Egyptian Ministry of Electricity on details of Dha...

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.