Egypt Zones accountACCOUNT

Financials and Investment News in Egypt

First Phase of Siemens Power Plant Project in Egypt to be Inaugurated in February
1/28/2017 - The first phase of German conglomerate Siemens’ project to build three power plants in Egypt will be inaugurated in February, the company’s CEO Joe Kaeser said, according to Al-Ahram daily newspaper.<...
Egypt Successfully Issues 'Unprecedented' $4 Bin in Eurobonds, Filling Funding Gap
Egypt Successfully Issues 'Unprecedented' $4 Bin in Eurobonds, Filling Funding Gap 1/29/2017 - Egypt successfully issued $4 billion in Eurobonds on the global bond market, the largest issuance in Egypt and Africa, bridging the funding gap for this fiscal year, finance minister Amr El-Garhy anno...
Alexandria, Dekheila Ports Reopened after Weather Improved
1/29/2017 - The ports of Alexandria and Dekheila were reopened after being closed for bad weather.

Alexandria Harbor Authority had decided to close the two ports over the past two days due to bad weathe...
Yields Drop on Egypt's Three, Nine-Month T-Bills in Weekly Auction
1/29/2017 - Average yields on Egypt's three-month and nine-month Treasury bills dropped at an auction, data from the central bank showed.

Yields on the 91-day bills fell slightly to an average of 18.938 ...
Egypt: Approves Deal with KFAED on Syrian Refugees
1/30/2017 - The Cabinet approved a presidential decree on a deal between Egypt and the Kuwait Fund for Arab Economic Development (KFAED) on supporting countries that host Syrian refugees.

The 15-million-...
Egypt Member in Team of Combating Tax Evasion Globally
1/30/2017 - Egypt has been chosen as a member in a team of combating tax evasion at the global level.

The move came during an international conference held by the Organization for Economic Cooperation an...
Amr El-Garhy: Dollar Bonds Collect $4bn
Amr El-Garhy: Dollar Bonds Collect $4bn 1/30/2017 - Finance Minister Amr El-Garhy said that $4 billion have been collected from raising dollar bonds in the international markets.

The funds collected are more by about 2.5 billion dollars than ...
Egypt's Sawiris Markets US$235 mn Real Estate Project on Cyprus Beaches
1/30/2017 - Egyptian business tycoon Naguib Sawiris is eyeing major investments for a US$235 million real estate project on the coast of Ayia Napa in Cyprus.

Sawiris showcased his project in a press conf...
Galal Saeed Discusses Providing 50 Ferries for 18 Governorates on The River Nile.
Galal Saeed Discusses Providing 50 Ferries for 18 Governorates on The River Nile. 1/31/2017 - Transport Minister Galal Saaed has a meeting with Chairman of the River Transport Authority Reda Ismail and Director of the National Institute of Transport (NIT) Moustafa Abu Hashima to discuss suppl...
Egypt Ahead of IMF Delegation Review for Second Loan Installment
1/31/2017 - A delegation from the International Monetary Fund (IMF) has arrived in Egypt to prepare for a review required before disbursing the second installment of a three-year $12-billion loan, sources at the ...
Egypt to Consider Yen, Yuan Bonds after Dollar Sale Last Week
Egypt to Consider Yen, Yuan Bonds after Dollar Sale Last Week 1/31/2017 - Egypt may issue bonds in other international currencies, after successfully selling $4 billion of Eurobonds last week, Finance Minister Amr El Garhy said

He told a news conference that pote...
The Ministerial Committee for Production Convened Under Prime Minister Sherif Ismail
The Ministerial Committee for Production Convened   Under Prime Minister Sherif Ismail 2/1/2017 - The ministerial committee for production convened under Prime Minister Sherif Ismail to probe reports by the irrigation, military production and public business sector ministers.

The Water...
Egypt: Diplomat Calls on Expats to Transfer $90 Per Month to Support Economy
2/1/2017 - Egyptian Ambassador in Riyadh called Egyptians abroad to support economy by transferring $90 per month to their accounts in homeland.

The ambassador made the remarks during a ceremony held ...
Egypt's Central Bank Receives $4 Bln from Eurobond Sale
Egypt's Central Bank Receives $4 Bln from Eurobond Sale 2/1/2017 - Egypt's central bank received $4 billion from its Eurobond sale last week, Central Bank Governor Tarek Amer told the state news agency

Egypt sold $4 billion of Eurobond in three tranches las...
Egypt's CIB Plans to Issue Dividend of 0.5 Egyptian Pounds per Share For 2016
2/1/2017 - The board of Egypt's Commercial International Bank (CIB) has recommended a cash dividend of 0.50 Egyptian pounds ($0.0265) per share, it said after reporting a 27 percent rise in net income for 2016. ...
Egypt Inflows into Banks Register $9 Bn since Pound Flotation
2/1/2017 - Total inflows into the Egyptian banking system have reached $9 billion since the Egyptian pound was floated in November, assistant central bank sub-governor Rami Aboulnaga said

Import-depend...
IMF Delegation in Egypt Ahead of Review for Second Loan Installment
2/1/2017 - A delegation from the International Monetary Fund (IMF) has arrived in Egypt to prepare for a review required before disbursing the second installment of a three-year $12-billion loan, sources at the ...
Ghada Wali Honors Egypt's Top 50 Women, Best Companies in Economy
2/1/2017 - Minister of Social Solidarity Ghada Wali participated in a ceremony yesterday honoring the Top 100 Companies in Egypt, and the Top 50 Women Performing in Egypt for the year 2016.

Several mini...
Egypt's Reserve of Wheat, Enough Consumption of Sugar, 5 Months and 10 Months
Egypt's Reserve of Wheat, Enough Consumption of Sugar, 5 Months and 10 Months 2/2/2017 - Egyptian Minister of Supply Mohammad Moslehi said that the strategic wheat reserve for his country's biggest buyer of wheat in the world enough consumption of 5 months.

Moslehi said in a pres...
DGCX traded 1.37 million contracts in January, valued US$ 33 billion
2/2/2017 -  The Dubai Gold and Commodities Exchange, DGCX, has traded an aggregate 1.37 million contracts in January, valued at US$33 billion.

The exchange recorded its highest daily trading volume for ...

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.