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Financials and Investment News in Egypt

Egypt: Africa STI Forum Aims to Achieve Economic Growth in Continent
2/10/2018 - The third African Forum on Science, Technology and Innovation, which kicked off aims to achieve economic growth and hone the competitiveness of the private sector in Africa, said Higher Education Mini...
Egypt: Petroleum Minister Discussed With Ukrainian Ambassador Cooperation in Oil, Gas Exploration
Egypt: Petroleum Minister Discussed With Ukrainian Ambassador Cooperation in Oil, Gas Exploration 2/10/2018 - Petroleum Minister Tareq el Molla discussed with Ukrainian Ambassador in Cairo Hennadii Latii and Deputy Chairman of NJSC Naftogaz of Ukraine, CFO Sergiy Konovets means of boosting bilateral cooperati...
Egypt Seeks Benefiting From Singapore Technology
Egypt Seeks Benefiting From Singapore Technology 2/10/2018 - Trade and Industry Minister Tareq Qabil said that Egypt is seeking to benefit from Singapore's know-how in industrial development.

Qabil said his Ministry is particularly interested in apply...
Egypt Wants More Market Stability before Eurobond Issue
Egypt Wants More Market Stability before Eurobond Issue 2/10/2018 - Egypt is considering plans for a Eurobond issue but wants to see more stability in global financial markets before it goes ahead, Egyptian finance minister Amr El-Garhy said .

“We want to fin...
Egypt Negotiates with Saudi Arabia, Kuwait to Extend Deposit Maturity
2/10/2018 - Egypt is negotiating with Saudi Arabia and Kuwait to extend the maturity of deposits for a new term, high-level government without disclosing the details of the extension.

The two deposits a...
Egypt: Kabil Delivery of 1st Egyptian-Made Double-Decker Buses
Egypt: Kabil Delivery of 1st Egyptian-Made Double-Decker Buses 2/10/2018 - The production of double-decker buses is an added-value for the national industry; the local component reaching 65%.

Minister of Trade and Industry Tarek Kabil attended the delivery of the ...
Egypt Receives Largest UK Trade Delegation in Two Decades
2/11/2018 - UK trade envoy to Egypt Jeffrey Donaldson arrived in Cairo for a five-day visit, heading the largest British trade delegation to Egypt in nearly two decades.

A statement by the British embas...
Egypt: New Investments Up 20.8% in January 2018
2/11/2018 - New investments have risen by 20.8 percent in January 2018 to stand at EGP 5.2 billion, the Investment and International Cooperation Ministry said.

In the monthly bulletin , the ministry adde...
British Investments in Egypt Exceed Dlrs 43 Bn
2/11/2018 - UK trade envoy to Egypt Sir Jeffrey Donaldson said Britain became the biggest foreign trade partner to Egypt as its investments exceeded 43 billion dollars over the past decade.

During a meet...
CBE: Remittances of Egyptian Expats Have Amounted to $29.1bn Since Liberalization of Exchange Rate
CBE: Remittances of Egyptian Expats Have Amounted to $29.1bn Since Liberalization of Exchange Rate 2/11/2018 - Remittances of Egyptian expats have amounted to 29.1 billion dollars since the liberalization of the exchange rate in November 2016 until December 2017, the Central Bank of Egypt (CBE) said .

...
Egyptian Trade and Industry Minister Inaugurates 1st Electric Car Charging Network
Egyptian Trade and Industry Minister Inaugurates 1st Electric Car Charging Network 2/11/2018 - Revolta Egypt aims to set up 65 electric vehicle charging stations in seven governorates in the first phase of the project.

Minister of Trade and Industry Tarek Kabil witnessed the inaugurati...
Egypt: Forecasts Inflation Rate Will Slip to 13 Percent by End of 2018
Egypt:  Forecasts Inflation Rate Will Slip to 13 Percent by End of 2018 2/11/2018 - Egypt's finance minister Amr El-Garhy forecast at that the inflation rate of the Egyptian pound would slip to 13 percent by the end of the year.

El-Garhy stated during the third annual Arab ...
Egypt To Assist Iraq in Drawing On Its Successful Expertise In Energy
Egypt To Assist Iraq in Drawing On Its Successful Expertise In Energy 2/12/2018 - Minister of Electricity Mohamed Shaker said Egypt aims at extending its successful expertise in the field of energy to Iraq.

In statements to MENA on the fringe of the International Conferen...
EGYPS 2018 Platform For Cooperation With World Companies
2/12/2018 - Petroleum Minister Tarek el Molla said Egypt Petroleum Show (EGYPS 2018) is an important platform for exploring promising opportunities in the petroleum market and increasing cooperation with world co...
Egyptian Military Production Minister Signs Mou with Korean Company to Produce Medical Devices
2/12/2018 - The National Military Production Authority signed a memorandum of understanding with the Maadi Engineering Industries Company and Medtech Korean company to establish a factory for the manufacture of m...
A Number of Foreign TV Channels Started Broadcasting "Invest in Egypt"
2/13/2018 - A number of foreign TV channels started broadcasting "Invest in Egypt" Campaign that was launched by the Investment and International cooperation Ministry to promote investment in Egypt. .

In...
Egypt, Slovenia Discuss Boosting Cooperation in Upgrading E-Services
2/13/2018 - Planning Minister Hala el Saeed had a meeting with Slovenian Minister of Development, Strategic Projects and Cohesion Alenka Smerkolj and Public Administration Minister Boris Koprivnikar on promoting ...
Egyptian Minister of Trade and Industry, and British Trade Envoy Discuss Trade, Investment Ties
Egyptian Minister of Trade and Industry, and British Trade Envoy Discuss Trade, Investment Ties 2/13/2018 - Minister of Trade and Industry Tareq Qabil asserted that there is much coordination between the officials in Egypt and Britain to boost trade and economic cooperation during the coming stage especiall...
Egyptian Minister of Trade and Industry Meets British Trade Envoy to Egypt, Accompanying Delegation
Egyptian Minister of Trade and Industry Meets British Trade Envoy to Egypt, Accompanying Delegation 2/13/2018 - Brexit will not affect the flow of goods, services and investments between the two countries.

Minister of Trade and Industry Tarek Kabil met today with British Trade Envoy to Egypt, Sir Jeffr...
Egyptian Agriculture Minister: Mega Projects Aim to Develop 93% of Egypt Area
2/14/2018 - Egyptian Agriculture Minister Abdel Monem el Bana said the under-construction mega projects launched by President Abdel Fattah El Sisi aim at developing 93 percent of Egypt's area and creating more jo...

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