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Financials and Investment News in Egypt

Saudi Investors to Pump $2 Bn into Egypt
Saudi Investors to Pump $2 Bn into Egypt 8/28/2017 - Minister of Investment and International Cooperation Sahar Nasr met with Saudi investors Sheikh Abdel Rahman al Sharbatly and Sheikh Fahd Al Shobokshy to discuss means to increase their investments i...
Egypt: Average yields fall on Egypt's five- and 10-year T-bonds
Egypt: Average yields fall on Egypt's five- and 10-year T-bonds 8/28/2017 - Average yields on Egypt’s five- and 10-year treasury bonds fell at an auction central bank data showed.

The average yield on the five-year bonds fell to 16.749 percent from 17.001 percent at...
Egypt: Molla Considers With "Sinopec" Co Pushing Up Chinese Investments
8/29/2017 - Petroleum Minister Tareq el-Molla considered with vice president of Chinese "Sinopec" Company Ling Yiqun, and his accompanying delegation, ways and means of fostering joint cooperation and available i...
Egypt: China Exim Bank Vice President Sign Memo for Cooperation in Development Projects
Egypt: China Exim Bank Vice President Sign Memo for Cooperation in Development Projects 8/29/2017 - Investment and International Cooperation Minister Sahar Nasr and Vice President of Export-Import Bank of China (China Exim Bank) Xie Ping signed a memorandum of understanding on promoting cooperation ...
Egypt: PM Chairs Meeting on Antiquities Projects
Egypt: PM Chairs Meeting on Antiquities Projects	8/29/2017 - Prime Minister Sherif Ismail chaired a meeting with the ministers of investment and international cooperation, finance, antiquities, planning, follow-up and administrative reform on the ongoing proje...
Sisi arrives in China to attend BRICS summit
Sisi arrives in China to attend BRICS summit 9/3/2017 - Egypt's President Abdel-Fattah El-Sisi arrived in China to participate in the BRICS summit, state-run news agency MENA reported.

El-Sisi is expected to meet with a number of large Chinese com...
Egypt to Host Largest Int'l Conf. on Financial Inclusion on Sept 13
Egypt to Host Largest Int'l Conf. on Financial Inclusion on Sept 13 9/5/2017 - Egypt will host the largest international conference on financial inclusion in the Red Sea resort of Sharm el Sheikh on September 13.

More than 94 states and 119 international institutions wi...
Egypt: His Chinese Counterpart Witness Ceremony of Signing Two Agreements, MOU on Fringe of BRICS
Egypt:  His Chinese Counterpart Witness Ceremony of Signing Two Agreements, MOU on Fringe of BRICS 9/5/2017 - Egyptian President Abdel Fattah El Sisi and his Chinese counterpart Xi Jinping witnessed the signing ceremony of two cooperation agreements and a memorandum of understanding.

The first agre...
Egypt Keen on Expanding Economic Cooperation with China
Egypt Keen on Expanding Economic Cooperation with China 9/6/2017 - Egyptian Trade and Industry Minister Tarek Qabil reiterated Egypt's keenness on expanding economic cooperation with China, increasing exports to the Chinese market and luring more Chinese investments...
Egypt, China Sign Mou to Promote Cooperation in Legal Services Domain
9/6/2017 - The Egyptian Trade Union Federation (ETUF) and China Council for the Promotion of International Trade signed a memo of understanding on to promote cooperation in legal services domain.

In a ...
Egypt's Non-Oil Business Activity Contraction Slows Slightly
9/6/2017 -  Egypt’s non-oil private sector business activity shrank in August at the slowest pace since July last year amid a decline in new orders and a jump in exports, a survey showed.

The Emirates N...
Mobile Network Operators Raise Roaming Tariffs in Egypt
9/7/2017 - Vodafone, Orange and Etisalat raised the fee of their international roaming services in Egypt according to the type of roaming service and zones.

The mobile operators sent text messages outl...
Egypt Keen on Boosting Trade, Investment Cooperation with China
Egypt Keen on Boosting Trade, Investment Cooperation with China 9/7/2017 - Minister of Industry and Trade Tareq Qabil affirmed that the Egyptian government is keen on boosting trade and investment cooperation with China, especially in view of offering all needed support for ...
Egypt: Memos signed with Vietnam to be swiftly put into effect
Egypt: Memos signed with Vietnam to be swiftly put into effect 9/7/2017 - Investment and International Cooperation Minister Sahar Nasr stressed that the memos signed between Egypt and Vietnam will be swiftly put into effect.

Addressing the Egyptian-Vietnamese busin...
Egypt: Sisi Urges Vietnamese Industrialists to Invest in Egypt
Egypt: Sisi Urges Vietnamese Industrialists to Invest in Egypt 9/7/2017 - Egyptian President Abdel Fattah El Sisi urged Vietnamese industrialists to invest in Egypt in various domains.

Addressing the Egyptian-Vietnamese business forum in Hanoi, Sisi said Egypt top...
Egyptian Modern Education Systems FY Profit Rises
9/7/2017 - EGYPTIAN MODERN EDUCATION SYSTEMS : *FY NET PROFIT EGP 2.64 MILLION VERSUS EGP 2.56 MILLION YEAR AGO FY NET REVENUE EGP 14.2 MILLION VERSUS EGP 12.7 MILLION YEAR AGO
Egypt: Nasr Meets Sohag Governor with MP over Investment Opportunities
Egypt: Nasr Meets Sohag Governor with MP over Investment Opportunities 9/9/2017 - Minister of Investment and International Cooperation Sahar Nasr met with Sohag Governor Ayman Abdel Monem and Undersecretary of the House of Representatives Mahmoud el Sherif.

They discussed ...
Egypt Not to Accept Obstacles Hindering ILO Better Work Program
9/9/2017 - Minister of Manpower Mohamed Saafan held talks with director of the International Labor Organization (ILO) Cairo Office Peter Van Rooij on several files as well as the ongoing projects implemented by ...
Chinese Company to Establish Automotive Factory in Egypt
Chinese Company to Establish Automotive Factory in Egypt 9/9/2017 - A Chinese company has decided to establish a factory to produce trucks and minibuses in Egypt.

FAW, in cooperation with its agent in Egypt Geyushi Motors, will build the factory in the 10th ...
Egypt's Annual Urban Inflation Eases to 31.9% in August
9/10/2017 - Egypt’s annual urban rate of inflation dipped slightly in August, dropping to 31.9 percent from 33 percent in July, the official statistics agency CAPMAS said

Urban inflation climbed in July...

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