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Financials and Investment News in Egypt

Egypt: kabil : Regional Centre For Boosting Entrepreneurship Small Projects To Be Established
Egypt: kabil : Regional Centre For Boosting Entrepreneurship Small Projects To Be Established 11/13/2017 - Preparations for establishing a regional center for supporting and boosting entrepreneurship and financing micro and small enterprises is underway, Minister of Trade and Industry Tareq Qabil said .
Egypt: Sheriff Ismail: Inaugurates Akhbar Al Youm Economic Conference
Egypt: Sheriff Ismail: Inaugurates Akhbar Al Youm Economic Conference 11/13/2017 - Prime Minister Sherif Ismail inaugurated Akhbar Al Youm fourth economic conference, entitled "Egypt.. The road to the future.. Investment and export for employment".

The 10-session conferenc...
CBE Governor: Volume of Foreign Currencies Inflow Entered Egypt Since Floating Of LE Hit $80bn
CBE Governor: Volume of Foreign Currencies Inflow Entered Egypt Since Floating Of LE Hit $80bn 11/14/2017 - The ministerial economic committee was held under Prime Minister Sherif Ismail.

On his part, Central Bank of Egypt (CBE) governor Tareq Amer said, in press statements following the meeting i...
Egypt: NI Capital Official Review Restructuring Military Production Firms
11/14/2017 - Ministers Mohamed el Assar of Military Production and Hala el Said of Planning had talks with NI Capital Chief Operating Officer Ahmed Saad on financial restructuring of military production companies....
Egypt: EBRD and QNB ALAHLI Join Forces to Support Woman Entrepreneurs in Egypt
11/15/2017 - In line with the EBRD support for the development of medium, small, and very small enterprises in Egypt, and the leading role of QNB ALAHLI in Egypt in regards to that field, EBRD offered a senior loa...
Egypt’s Central Bank Seen Holding off Cutting Rates Because of Still-High Inflation
Egypt’s Central Bank Seen Holding off Cutting Rates Because of Still-High Inflation 11/15/2017 - With Egypt’s inflation still above 30 percent, the central bank is expected keep its key interest rates on hold in its monetary policy meeting this week, a Reuters poll showed .

Nine out of 1...
Egypt: Dollar Exchange Rate Stable at Egypt's Major Banks
11/16/2017 - The US dollar exchange rate was relatively stable during morning transactions at major banks.

The dollar exchange rate stood at EGP 17.58 for buying and EGP 17.68 for selling at the National ...
Egypt: Wali, Indian Minister Discuss Cooperation in Handicrafts, Heritage Industries
11/18/2017 - Social Solidarity Minister Ghada Wali discussed with Indian Minister of Rural industries in Tamil Nadu State Thiru P. Benjamin opportunities of cooperation in the fields of handicrafts and the establ...
Egypt: Nasr, Romanian Min. Review Boosting Cooperation
Egypt: Nasr, Romanian Min. Review Boosting Cooperation 11/19/2017 - Investment Minister Sahar Nasr had talks with Romanian Minister for Business Environment, Commerce and Entrepreneurship Ilan Laufer, currently visiting Egypt, on means of enhancing bilateral cooperati...
Egypt: Russian Billionaire's Bank Bets on Egypt As Mideast Risk Rises
11/20/2017 - Renaissance Capital, the investment bank owned by Russian billionaire Mikhail Prokhorov, is taking a long-term bet on Egypt even as tensions in the region are on the rise.

“A lot of the globa...
Egypt: Investment Ministry, KFAED Sign 2 Agreements to Support N. Sinai Projects
Egypt: Investment Ministry, KFAED Sign 2 Agreements to Support N. Sinai Projects 11/20/2017 - The Investment Ministry in Egypt has signed two agreements with the Kuwait Fund for Arab Economic Development (KFAED) to support projects in North Sinai.

Worth 12.5 million Kuwaiti dinars, on...
Egypt Signs 2 Agreements with Kuwaiti Fund North Sinai Development Projects
Egypt Signs 2 Agreements with Kuwaiti Fund North Sinai Development Projects 11/20/2017 - Egypt's Investment and International Cooperation Minister Sahar Nasr signed two agreements worth 17.5 million Kuwaiti Dinars ($57 million) in Kuwait with the Kuwait Fund for Arab Economic Development...
Egypt: Cypriot Investors to Enter Egyptian Market during Coming Phase
Egypt: Cypriot Investors to Enter Egyptian Market during Coming Phase 11/21/2017 - Minister of Trade and Industry Tareq Qabil said that the coming phase will witness the entry of several Cypriot investors in the Egyptian market through establishing a number of projects in agricultur...
Egypt: Suez Canal Nov. TOLLS EXCEED $455 MN, SAYS CHAIRMAN
11/22/2017 - Egypt's Suez Canal revenues surged 17.1 percent year-on-year in November 2017, Suez Canal Authority chairman Mohab Mamish said.

Mamish said the Canal revenues reached 455.8 million dollars in...
Egypt: PM Chairs Meeting on Partnership with Private Sector
Egypt: PM Chairs Meeting on Partnership with Private Sector 11/23/2017 - Prime Minister Sherif Ismail chaired a meeting of the higher committee charged with promoting partnership with the private sector.

The meeting was attended by the ministers of housing, inves...
Egypt: PM Holds Talks with Indian Investors on Bolstering Bilateral Cooperation
Egypt: PM Holds Talks with Indian Investors on Bolstering Bilateral Cooperation 11/23/2017 - Prime Minister Sherif Ismail conferred with a delegation from Indian industrial companies.

Ismail welcomed the Indian investors, saying he is looking forward to boosting economic cooperatio...
Egypt: Minister Discusses with Bajaj Contract Terms For Developing Cotton & Textile Holding Co.
11/25/2017 - Public Business Sector Minister Ashraf el Sharqawi reviewed with representatives of the Bajaj Company the final terms a contract to develop the ginning machineries of the Cotton and Textile Industri...
Egypt Bourse Gains EGP 19 Bln
Egypt Bourse Gains EGP 19 Bln 11/26/2017 - The Egyptian Exchange gains hit EGP 19 billion last week as its index jumped 1.87 per cent.

The market capital hit EGP 789.6 billion, with the benchmark index EGX 30 surged by 1.87 per cent t...
Egyptian Irrigation Minister: Egypt Faces Great Challenges in Water Field
11/27/2017 - Minister of Irrigation and Water Resources Mohamed Abdel Aati said that Egypt faces great water challenges triggered by real deficits in Nile and underground water. He made the remarks in a speech at...
Egypt: Average Yields on Egypt's 3- And 7-Year T-Bonds Rise
11/27/2017 - The average yield on Egypt’s three- and seven-year treasury bonds rose at an auction central bank data showed.

The average yield on three-year bonds was 16.286 compared with 15.874 percent a...

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