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Financials and Investment News in Egypt

Egypt: Italian Amb. Supply Min. Discuss Fostering Mutual Ties
10/16/2017 - Italian Ambassador to Egypt Giampaolo Cantini said that he met Supply and Internal Trade Minister Ali al Moselhi to discuss means of fostering trade and investment relations.

During a meeti...
Egypt, France Discuss Bilateral Cooperation in Railway Field
10/16/2017 - Transport Minister Hisham Arafat discussed with French Ambassador in Cairo Stephane Roumtier and President of the French Railways (SNCF) Guillaume Pepy promoting bilateral cooperation in the transport...
Egypt, WB Discuss 3rd Batch of 3-Bn-Dollar Loan
Egypt, WB Discuss 3rd Batch of 3-Bn-Dollar Loan 10/17/2017 - Minister of Investment and International Cooperation Sahar Nasr discussed with World Bank Chief Executive Officer Kristalina Georgieva accelerating measures to sign the third batch of a WB loan to Eg...
Egypt: Busy IPO Season Beckons For Cairo As Reforms Yield Results
10/17/2017 - Egypt's stock market is shaping up to be the Middle East's hot spot for initial public offerings next year .

Share trading has almost doubled, averaging 1.1 billion pounds a day in the 12 mon...
Egypt, Canada Mull Boosting Cooperation in Petroleum, Gas Domains
10/22/2017 - Petroleum Minister Tarek el Molla held talks with newly-appointed Canadian Ambassador to Egypt Jess Dutton on boosting bilateral cooperation, especially in the domains of petroleum, natural gas and mi...
Egypt: Investment Minister Confers with US Delegation on Achievements of Economic Reform Program
Egypt: Investment Minister Confers with US Delegation on Achievements of Economic Reform Program 10/23/2017 - Minister of Investment Sahar Nasr conferred with a US delegation led by Assistant US Secretary of State Richard Albert.

The meeting was attended by US Charge d'affaires Thomas Goldberger and...
Egypt: Nasr, Delegation of London Stock Exchange Discuss Bilateral Cooperation
10/23/2017 - Investment and International Cooperation Minister Sahar Nasr had a meeting with a delegation of London Stock Exchange on boosting bilateral cooperation.

The delegation groups Head of Internat...
Egypt: Export Development Bank of Egypt in Talks with Afreximbank for Cooperation
10/24/2017 - Export development bank of egyptsays in talks with afreximbank for cooperation to help egyptian exporters to enter african marketsays cooperation includes several programs that are under negotiation, ...
EBRD Grants $87 Million Loan to Establish, Operate 2 Solar Plants in Egypt
10/24/2017 - The European Bank for Reconstruction and Development (EBRD) announced granting a USD 87 million loan to establish and operate two solar plants in Egypt.

The loan was given to Infinity Solar,...
Egypt: Sisi Meets French Finance Minister, Signs Four LOI
Egypt: Sisi Meets French Finance Minister, Signs Four LOI 10/25/2017 - Egyptian President Abdel Fattah El Sisi conferred with French Finance Minister Bruno Le Maire on means of buttressing economic cooperation and establishing new projects.

A statement released ...
Egypt: London Stock Exchange Group Discusses New Ways to Support Egypt Economy
10/25/2017 - A delegation from the London Stock Exchange (LSE) Group wrapped up a two-day visit to Cairo that was aimed at supporting EGX’s development and connecting the Egyptian government and companies to Londo...
Egypt: Sisi to Convene with Heavyweight French Companies
Egypt: Sisi to Convene with Heavyweight French Companies 10/25/2017 - President Abdel Fattah El Sisi is due to hold a meeting with a host of heavyweight French companies at the headquarters of the French Ministry of Finance and Economy.

Sisi will also convene ...
Egypt: Nasr Agrees with Saudi Fund to Pump New Investments in Egyptian Market
Egypt: Nasr Agrees with Saudi Fund to Pump New Investments in Egyptian Market 10/26/2017 - Investment and International Cooperation Minister Sahar Nasr wound up her visit to Saudi Arabia by holding a series of meetings with investors and representatives of Arab funds .

The meeting...
Egypt: Presidential Decree Approves AFD's 50-Million-Euro Credit-Line
Egypt: Presidential Decree Approves AFD's 50-Million-Euro Credit-Line 10/26/2017 - President Abdel Fattah El Sisi issued a decree approving an agreement between the Egyptian government and the French Development Agency (AFD).

Under the deal, the AFD allocates a 50 million...
Egypt, France Sign Agreement to Develop Entrepreneurship
10/26/2017 - Egyptian Trade and Industry Minister Tareq Qabil signed with Deputy Director General of the French Treasury Thomas Courbe a cooperation agreement to develop entrepreneurship.

In statements,...
Egypt: Investment Ministry, World Bank Hold Workshop on Developing Agricultural Sector
10/28/2017 - Ministry of Investment and International Cooperation has held a workshop in cooperation with the World Bank to boost investments in the agriculture sector.

The World Bank officials reviewed t...
Egypt: IFC and Banks Close $653 Mln in Funding For Egypt Solar Plants
10/29/2017 - International Finance Corporation (IFC), a member of the World Bank Group, said it had completed a $653 million debt package to finance the building of 13 solar power plants near Aswan in Egypt, plan...
Egypt: Planning Minister Urges Swiftly Finalizing Water Desalination Station
10/29/2017 - Minister of Planning Hala el Said called for swiftly finalizing a water desalination station in Sinai's Tur city.

The minister made the remark while inspecting work at the station during a to...
Egypt: Nasr, Shawqi Meet with Int'l Organizations Working in Technical Education in Egypt
Egypt: Nasr, Shawqi Meet with Int'l Organizations Working in Technical Education in Egypt 10/30/2017 - Minister of Investment and International Cooperation Sahar Nasr and Education Minister Tareq Shawqi held the first strategic coordination meeting with international organizations working in the field ...
Egypt: EFSA: New Regulatory Measures for Trading at Egyptian Stock Exchange
Egypt: EFSA: New Regulatory Measures for Trading at Egyptian Stock Exchange 10/30/2017 - The board of directors of the Egyptian Financial Supervisory Authority (EFSA) decided to oblige companies willing to float their shares or increase their capital to firstly register its data at the au...

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