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Financials and Investment News in Egypt

Agreement on the Establishment of 3 mega-projects in Egypt
5/13/2012 - Eng. Mohammad Reda Ismail, Minister of Agriculture and Land Reclamation, declared that it was agreed between Egypt and the UAE to establish three mega-projects in Egypt with investments of UAE up to $...
Kuwait Finances Railways Projects in Egypt
5/14/2012 - Planning and International Cooperation Minister Fayza Abul Naga on 13/5/2012 signed a Letter of Understanding with the Kuwait Fund for Arab Economic Development to receive two technical assistances wo...
L.E. 600 Million Project Endorsed to Produce Beat
5/14/2012 - After years of suspension, a L.E. 600 million project was endorsed to produce beat sugar in Al Reswa Zone to the South of Port Said. This was announced by Ms. Fayza Abu El Naga, Minister of Planning a...
Al-Ganzoury Meets Hussien Saif Bahary
5/16/2012 - Prime Minister, Dr. Kamal Al-Ganzoury, met Hussien Saif Bahary board chairman of Arab Poultry Breeders Company of Saudi investments, in attendance of the Agriculture Minister. The Saudi Arab Poultry ...
$1 Billion to Establish Buffalo Raising Farm in Menyia
5/22/2012 - Prime Minister Dr. Kamal el-Ganzouri on 21/5/2012 issued a decision to allocated 10,000 feddans of land in Al-Menyia Governorate for establishing the biggest buffalo raising farm at one billion dollar...
112 Investment Opportunities for the Egyptians Abroad
5/22/2012 - In the Arab tour is the first of its kind after the revolution of January 25 launched the authority of Investment and Free Zones (GAFI) 112 investment opportunities available at different Egyptian gov...
Reviewing & Evaluating Toushki Project
5/22/2012 - Prime Minister, Dr. Kamal Al-Ganzoury, reviewed and evaluated the current situation of Toushki, in attendance of Ministers of Electricity, International Cooperation, Supply, Tourism, Petroleum, Indust...
Al-Ganzoury Discusses the Development of Egyptian Ports
5/24/2012 - Prime Minister, Dr. Kamal Al-Ganzoury, held meeting to discuss development of the Egyptian ports, in attendance of Minster of Public Business Sector, General Secretary of the Cabinet of Ministers, Hea...
UAE Businessmen Delegation to Visit Cairo Soon
5/24/2012 - Industry and Foreign Trade Minister Mahmoud Eissa said on 23/5/2012 that a delegation of UAE businessmen will visit Cairo shortly to explore investment opportunities and check on the environment in th...
Dr. Al-Ganzoury Receives Singapore Ambassador to Cairo
5/25/2012 - Prime Minister, Dr. Kamal Al-Ganzoury, received Ambassador of Singapore to Cairo where they praised the Egyptian presidential elections which stunned the whole world, and reflected a civilized and ele...
Ganzouri Calls for more Investments in Egyptian Ports
5/25/2012 - Minister of Transport Galal Saeed has announced that he will inaugurate the container handling terminal at the East Port Said Port with investments reaching three billion pounds. Prime Minister Kamal ...
Al-Ganzouri Meets with Singaporean Ambassador to Egypt
5/26/2012 - Prime Minister Kamal el-Ganzouri on 25/05/2012 received Singaporean Ambassador to Egypt Tan Hung Seng to discuss means of increasing trade exchange between the two countries. The meeting took up boost...
Egypt, Algeria Seek Enhancing Joint Economic Cooperation
5/27/2012 - Egyptian Minister of Industry and Foreign Trade Mahmoud Eissa has received a message from Algerian Minister of Commerce Mostafa Bin Bada inviting him to attend the opening ceremony of Algeria Internat...
Egypt Participates in Arab-Turkey Businessmen Forum
6/1/2012 - Egypt is to take part in the forum of Arab-Turkey businessmen forum to be held in Libyan city of Benghazi on June 2-5. The Egyptian delegation will be led by Industry and Trade Minister, Dr. Mahmoud E...
Planet IB Offer $2.23 to Buy Distressed EFG-Hermes
6/2/2012 - A group of investors called Planet IB that has launched a bid to buy out EFG-Hermes said it intended to offer LE13.50 ($2.23) per share for the Egyptian investment bank. Shares in the bank closed at L...
Lake Nasser is an Ordinary Procedure
6/5/2012 - Minister of Water Resources and Irrigation Hisham Qandeel said Egypt's water security is maintained and consumption from the Lake Nasser reserves is an ordinary procedure that does not represent a neg...
Egyptian Initiative to Establish Free Trade Zone with Libya
6/5/2012 - The Egyptian businessmen have floated an initiative for establishing two industrial, trade free zones between Egypt and Libya as well as railways linking Egypt, Libya and Tunisia. The delegation held ...
Al-Ganzoury Receives Advisor of the Sudanese President
6/5/2012 - Prime Minister, Dr. Kamal Al-Ganzoury, received Mustafa Othman Ismael the Political Advisor of the Sudanese President who is responsible for the investment file. The meeting tackled all files related ...
SFD Finances Highly Employment Projects
6/5/2012 - Prime Minister, Dr. Kamal Al-Ganzoury, witnessed signing of contract on irrigation improvement in Sewa Oasis between the Ministry of Irrigation, Social Fund for Development and Matrouh Governorate. Th...
Al-Ganzoury Receives Advisor of the Sudanese President
6/5/2012 - Prime Minister, Dr. Kamal Al-Ganzoury, received Mustafa Othman Ismael the Political Advisor of the Sudanese President who is responsible for the investment file. The meeting tackled all files related ...

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