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Financials and Investment News in Egypt

Egypt: Sahar nasr :UAE's Emaar Plans to Pump New Investments in Egypt
Egypt: Sahar nasr :UAE's Emaar Plans to Pump New Investments in Egypt 7/31/2017 - Investment and International Cooperation Minister Sahar Nasr had a meeting with Mohammed Alabbar, the founder and Chairman of Emaar Properties PJSC, to discuss pumping new UAE investments in Egypt.
Egypt: Mou Signed Between Alex. Port, Romanian Port
7/31/2017 - Head of Alexandria Port Authority Medhat Attia signed a Memorandum of Understanding with the executive director of the Romanian Port of Constanta. The agreement includes an exchange in the field of t...
PM Grants Public Benefit Status to Ngos in 3 Governorates
PM Grants Public Benefit Status to Ngos in 3 Governorates 7/31/2017 - Prime Minister Sherif Ismail issued a decree approving requests to grant a public benefit status to three NGOs in Sharqia, Minya, and Sohag.

Upon a law on regulating the performance of NGOs, ...
Egypt: EU Has 250 Projects Worth 1.3 Bln Euros in Egypt
8/1/2017 - The European Union (EU) has 250 projects that cover several fields in Egypt including water and transportation, said the head of the EU Delegation in Cairo Ivan Surkos.

Addressing a press mee...
Sahar Nassr: African Continent Has Lots of Unexploited Capabilities
Sahar Nassr: African Continent Has Lots of Unexploited Capabilities 8/1/2017 - Investment and International Cooperation Minister Sahar Nassr said that Egypt had launched an overall program that aims to reform the Egyptian economy.

In an interview with the BBC’s Focus on...
Egypt: PM Attends Signing of Agreements to Set Up Projects in Sczone
Egypt: PM Attends Signing of Agreements to Set Up Projects in Sczone 8/1/2017 - Prime Minister Sherif Ismail attended the signing ceremony of agreements with six companies to set up projects on an area of 16.2 million square meters in the southern part of the Suez Canal Economic ...
CBE: Volume of Trade Increases between Egypt, Important Trade Partners
CBE: Volume of Trade Increases between Egypt, Important Trade Partners 8/1/2017 - The volume of trade between Egypt and its key trade partners went up in July-March in fiscal 2016/2017 to reach around 34,65 billion dollars in comparison with 34,21 billion dollars within the same pe...
Sharm El-Sheikh to host Africa 2017 Economic Forum
8/3/2017 - Egypt will host a high-level forum promoting trade and investment in Africa this December, the country’s investment and international cooperation ministry and COMESA’s regional investment agency annou...
46 Ships Transit Suez Canal
46 Ships Transit Suez Canal 8/3/2017 - Forty-six ships transited the Suez Canal, with a total cargo of 2.5 million tons.

The south-bound convoy included 27 vessels carrying around 1.3 million tons, while the north-bound convoy inc...
Egypt's Exports hit $11.1bn in First Half of 2017
Egypt's Exports hit $11.1bn in First Half of 2017 8/3/2017 - Egypt's exports increased by 8 per cent in the first half of 2017 to record 11.1 billion dollars compared to 10.2 billion dollars during the same period in the previous year, Trade and Industry Minist...
Qabil, Mahlab Reviewed Executive Stand of Leather City in Robiki
Qabil, Mahlab Reviewed Executive Stand of Leather City in Robiki 8/6/2017 - Presidential Assistant for National, Strategic Projects Ibrahim Mahlab, Trade, and Industry Minister Tareq Qabil inspected the leather city in Robiki, Badr City, 45km east of Cairo.

There is...
Hisham Arafat, SCA chairman probe cooperation
8/6/2017 - Transportation Minister Hisham Arafat discussed with the head of the Suez Canal Authority (SCA) Mohab Mamish promoting cooperation between the Transportation Ministry and the SCA as well as the Suez C...
Egypt Expects 3-5 Ipos before Year-End: Stock Exchange vice Chair
8/7/2017 - Egypt expects to see three to five initial public offerings before the end of this year, the Vice Chairman of the country's stock exchange said.

In an interview with Reuters, Mohsen Adel said...
Saudi Prince Alwaleed Bin Talal to Invest $800 Mln in Egyptian Tourism, Construction Projects
8/7/2017 - Saudi Prince Al-Waleed Bin Talal is to invest in a number of new touristic and construction projects in Egypt valued at $800 million, in an agreement reached with Talaat Moustafa Group (TMG) and Egypt...
Sherif Ismail: All facilities will be provided to investors
Sherif Ismail: All facilities will be provided to investors 8/7/2017 - Prime Minister Sherif Ismail during the minister's monitoring of the file on plots of land in order to establish economic projects, especially economic ones said that the government is intent on adopt...
Sahr Nasr, EGX Probe Preparations for ASEA Meeting
Sahr Nasr, EGX Probe Preparations for ASEA Meeting 8/8/2017 - Investment and International Cooperation Minister Sahr Nasr discussed with the new Chairman of the Egyptian Exchange (EGX) Mohamed Farid Saleh and his deputy Mohsen Adel preparations for hosting the 2...
Sisi Issues Law Regulating Activities of Gas Market
Sisi Issues Law Regulating Activities of Gas Market 8/8/2017 - President Abdel Fattah El Sisiissued law No. 196 / 2017 on regulating the activities of gas market, after the approval of the House of Representatives.

The first article of the law stipulates...
Sherif Ismail Witnesses Inking 3 Agreements to Buy Solar Energy in Aswan
Sherif Ismail Witnesses Inking 3 Agreements to Buy Solar Energy in Aswan 8/8/2017 - Prime Minister Sherif Ismail and Electricity and Renewable Energy Minister Mohamed Shaker witnessed the inking ceremony of three agreements stipulating buying solar energy with 120 megawatts capacity...
Egypt Expects GDP Growth at 4.6 Pct-4.8 Pct in 2017-18
Egypt Expects GDP Growth at 4.6 Pct-4.8 Pct in 2017-18 8/9/2017 - Egypt expects its growth domestic product growth to reach 4.6 percent to 4.8 percent in the 2017-18 fiscal year, Finance Minister Amr El-Garhy said in a televised interview late .

Egypt's fis...
Egyptian Economy to Rank 15th Around The World By 2050
8/9/2017 - The Egyptian economy is expected to rank 15th worldwide by 2050, out of a list of 32 countries, according to the gross domestic products expected through the purchasing power parity (PPP), an internat...

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