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Financials and Investment News in Egypt

Egypt: Nasr Reviews Plans to Upgrade Qanater Khayria
Egypt: Nasr Reviews Plans to Upgrade Qanater Khayria 8/9/2017 - Investment Minister Sahar Nasr held on meeting with Minister of Antiquities Khaled el Anani and Qalyoubiya governor Mahmoud Ashmawi to discuss a project to upgrade the "Qanater Khayria" area and in...
Egypt's President Sisi Seals Joint Development Company between Suez Canal Authority and Dubai Ports
Egypt's President Sisi Seals Joint Development Company between Suez Canal Authority and Dubai Ports 8/9/2017 - Egypt's President Abdel-Fattah El-Sisi has agreed to the establishment of a joint development company between the General Authority for the Suez Canal Economic Zone and Dubai Ports to execute developm...
Egypt Is Open Market for Kazakh Investors
Egypt Is Open Market for Kazakh Investors 8/10/2017 - Investment and International Cooperation Minister Sahar Nasr participated at a seminar held at the Kazakh embassy in Cairo to mark the 25th anniversary of establishing Egyptian-Kazakh ties, and underl...
Egypt: Imf Position Towards Egyptian Economic Reform Program Positive
Egypt: Imf Position Towards Egyptian Economic Reform Program Positive 8/10/2017 - Prime Minister Sherif Ismail said the position of the International Monetary Fund (IMF) towards the Egyptian economic reform program is positive.

In statements following the Cabinet meeting, ...
EGX to Start Developing Technological, Technical Infrastructure Next Week
EGX to Start Developing Technological, Technical Infrastructure Next Week 8/12/2017 - Chairman of the Egyptian Exchange (EGX) Mohamed Farid said that a development process of the EGX technological and technical infrastructure will start as of next week.

Farid made the remarks...
Egypt: Chinese Company Discuss Establishing Recycling Factory
Egypt: Chinese Company Discuss Establishing Recycling Factory 8/12/2017 - Investment and International Cooperation Minister Sahar Nasr discussed with the chairman of a Chinese company for waste recycling establishing a recycling factory in Egypt.

The chairman expre...
Investment, Antiquities Ministers Probe with Luxor Governor Means of Luring Investors
8/12/2017 - Minister of Investment and International Cooperation Sahar Nasr discussed with Antiquities Minister Khaled el Anani and Luxor Governor Mohamed Badr the investment opportunities in the Upper Egyptian g...
Egypt: Sisi Highlights Key Role by Arab Organization for Industrialization
Egypt: Sisi Highlights Key Role by Arab Organization for Industrialization 8/13/2017 - President Abdel Fattah El Sisi highlighted the key role played by the Arab Organization for Industrialization - which is a national economic institution - in the development process.

Address...
Qabil: Economic file tops President Sisi's agenda during his African tour
Qabil: Economic file tops President Sisi's agenda during his African tour 8/13/2017 - Minister of Trade and Industry Tareq Qabil said President Sisi's planned African tour that will take him to Tanzania, Rwanda, Chad and Gabon represents an important step towards enhancing strategic re...
Egypt: Nasr, Mamish Discuss Dp World Plan to Beef Up Investments in Sczone
Egypt: Nasr, Mamish Discuss Dp World Plan to Beef Up Investments in Sczone 8/14/2017 - Investment and International Cooperation Minister Sahar Nasr had a meeting with Chairman of the Suez Canal Authority and the Suez Canal Economic Zone (SCZone) Mohab Mamish to discuss a plan drawn by ...
Egypt: Investment Minister: 75% of Sarabium Siphon Project Finalized
Egypt: Investment Minister: 75% of Sarabium Siphon Project Finalized 8/14/2017 - Over 75% of the Sarabium siphon project has been finalized, Investment and International Cooperation Minister Sahar Nasr said

Nasr said that the project, which costs $46 million, aims at del...
Egypt: Mamish, Nasr Discuss Developments of Suez Canal Economic Zone
8/14/2017 - Head of the Suez Canal Authority (SCA) Mohab Mamish discussed with Investment and International Cooperation Minister Sahar Nasr and Ismailia Governor Yassin Taher the latest developments of the Suez C...
Sisi Reviews Work Progress of New Administrative Capital
Sisi Reviews Work Progress of New Administrative Capital 8/14/2017 - President Abdel Fattah El Sisi held a meeting with Minister of Housing and Urban Development Mostafa Madbouly to discuss the progress of work in the new administrative capital.

The meeting w...
Tarek Qabil: Volume of Trade Exchange Amounts to $ 73 Million
Tarek Qabil: Volume of Trade Exchange Amounts to $ 73 Million 8/15/2017 - Minister of Trade and Industry Eng. Tarek Qabil said that the depth of historical, and Geographical relations between Egypt and African states represents a key factor in developing commercial and econ...
Egypt: Mamish: Sczone is Egypt's Development Wheel
8/15/2017 - The Head of the Suez Canal Authority (SCA) and the Suez Canal Economic Zone (SCZone) Mohab Mamish said that investment in the region and promoting for the investment opportunities are going on steadil...
Egypt Tourism Revenue Recovers
8/16/2017 - Egypt’s tourism receipts almost tripled and worker remittances rose in the last three months of its fiscal year, marking another step in the country’s economic recovery from a crippling dollar shortag...
Sahar Nasr Reviews Preparations for Upcoming Visits by WB Delegations
Sahar Nasr Reviews Preparations for Upcoming Visits by WB Delegations 8/16/2017 - Investment Minister Sahar Nasr met Asad Alem, World Bank Country Director for Egypt, to discuss preparations for WB visits to the country in August and September.

The first visit is expected...
Egypt, Afdb Review Measures for Inking 3rd Tranche Loan Deal
8/16/2017 - Egypt and the African Development Bank (AfDB) reviewed measures for inking an agreement on disbursing the third tranche of a 1.5 billion dollar loan for supporting the Egyptian government's social and...
Rwanda’s Kagame Says Egypt Major Economic Player in AU
8/16/2017 - President Paul Kagame of Rwanda said hat Egypt is a major economic player on the African stage.

During a press conference with President Abdel Fattah El Sisi, Kagame said Cairo is also a key...
Egypt: Review of Moody's Credit Rating Visit to Egypt
Egypt: Review of Moody's Credit Rating Visit to Egypt 8/20/2017 - Moody's Credit Rating Agency lately sent a mission to Egypt over 7 to 9 August 2017 in light of its annual creditability rating review of the Egyptian economy.

In its capacity as a representa...

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