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Financials and Investment News in Egypt

Egyptian Military Production Ministry Signs Cooperation Protocol with Badr University
3/11/2018 - The Egyptian Academy for Engineering and Advanced Technology of the Military Production Ministry and Engineering Faculty of Badr University have signed a cooperation protocol.

Addressing the ...
Sahar Nasr Announces Launch of Movable Guarantees Registry System
Sahar Nasr Announces Launch of Movable Guarantees Registry System 3/11/2018 - Investment and International Cooperation Minister Sahar Nasr announced the official launch of the movable guarantees registry system.

This system facilitates the funding of small and medium ...
Egyptian Planning Ministry Working on Plan to Upgrade Leadership System
3/11/2018 - Planning Minister Hala el Saied said that her Ministry has been working with the ministries of trade and education to outline a plan of action to complete the 2030 leadership system.

The 203...
Egypt Keen on Securing Social Protection for Limited Income Brackets
Egypt Keen on Securing Social Protection for Limited Income Brackets 3/12/2018 - Trade and Industry Minister Tareq Qabil has said that the political leadership in Egypt is keen on securing social protection for the limited income brackets, while reforming the economy.

Hug...
Egypt Chooses Four Banks for Eurobond Issue
Egypt Chooses Four Banks for Eurobond Issue 3/12/2018 - Egypt’s Finance Ministry said it had picked Deutsche Bank, BNP Paribas, Alexbank Intesa Sanpaolo and Standard Chartered to manage and promote a euro-denominated bond which will be issued in the curre...
Egypt Plans to Award Red Sea to Mediterranean Rail Tender in H2 2018
3/12/2018 - Egypt plans to award the tender for a high-speed railway between the Red Sea and the Mediterranean in the second half of 2018, transport minister Hisham Arafat said .
The project will connect...
Egyptian Minister of Planning: Leadership Keen on Investing in Human Resources, Youth
3/13/2018 - Egyptian Minister of Planning, Follow-up and Administrative Reform Hala el Saeed said the Egyptian state and the political leadership pay great attention to investing in the human resources, especiall...
Egypt's TMG Expects EGP 35 Bln? investment? in 500 Feddan Land Project
3/13/2018 - Talaat Mostafa Group Holding Co : * Says Expects Egp 35 Bln Investments For 500 Feddan Land Project In New Administrative Capital|

* Expects To Launche Sale Of Project During 3 Months * Com...
Bourse Gains EGP 8 Bln; All Indexes Up
3/14/2018 - The Egyptian Exchange (EGX) indexes posted collective gains at the close of trading, supported by foreign investors' purchases of leading stocks in the sector of banks, industry and financial service...
Egypt, Kuwait Sign EGP 5 Bln Cooperation Agreements
Egypt, Kuwait Sign EGP 5 Bln Cooperation Agreements 3/14/2018 - Minister of Investment and International Cooperation Sahar Nasr signed five cooperation agreements with Director General of the Kuwaiti Fund for Development Abdel Wahab Badr to the value of around fi...
Egypt Launches Initiative for Economic Empowerment, Financial Inclusion of Women
3/17/2018 - The Egyptian delegation in New York held a high-level meeting of the Group of 77 and China under the theme "Economic Empowerment and Financial Inclusion of Women, Especially Rural Women: Lessons from ...
Egypt, UAE Agree on Making Quantum Leap in Commercial, Industrial Ties
Egypt, UAE Agree on Making Quantum Leap in Commercial, Industrial Ties 3/18/2018 - Egypt and the UAE agreed on promoting cooperation in various economic fields to make a quantum leap at the level of the commercial, industrial and investment relations.

This came during the c...
Banque Du Caire among 23 Egyptian State Companies Set to Float Stakes
3/18/2018 - Egypt announced the names of 23 state companies it will offer stakes in beginning this year, part of a plan to raise about 80 billion Egyptian pounds ($4.6 billion) through minority share offerings o...
Egypt and UN Sign Partnership Development Framework Agreement Economic Development, Social Justice
Egypt and UN Sign Partnership Development Framework Agreement Economic Development, Social Justice 3/18/2018 - Egypt and the United Nations signed in Cairo a $1.2 billion agreement focusing on inclusive economic development, social justice, women's empowerment and sustainable management of natural resources.<...
Egypt to Offer Shares in 4-6 State Firms, Raising Up to $850 Mln This Year
Egypt to Offer Shares in 4-6 State Firms, Raising Up to $850 Mln This Year 3/19/2018 - Egypt will float shares in four to six state companies this year, with the aim of raising EGP 12-15 billion ($680-$850 million), Minister of Finance Amr El-Garhy told Reuters .

Shares in stat...
Egypt's Prime Minister Breaks Ground On New Capital’s $3 Billion Business District
3/19/2018 - Prime Minister Sherif Ismail broke ground Sunday on the new administrative capital’s central business district, set to be built with $3 billion investments, according to a statement from the cabinet.<...
Egypt govt approves 2018-19 state budget, aiming at 5.8% GDP growth
Egypt govt approves 2018-19 state budget, aiming at 5.8% GDP growth 3/19/2018 - The Egyptian government has approved the budget for fiscal year 2018-19, aiming at GDP growth of 5.8 percent, Prime Minister Sherif Ismail said according to a cabinet statement.

The new budg...
Egypt's Reign As Darling of Emerging Market Debt Could Be Ending
3/19/2018 - Egypt is losing ground as a top haven for emerging market debt investors, and interest rate cuts could make its short-term treasuries less attractive to foreign buyers in coming months, a report by CI...
Egyptian Minister of Trade and Industry Gives Speech at 10th UFM Trade Ministerial Meeting
Egyptian Minister of Trade and Industry Gives Speech at 10th UFM Trade Ministerial Meeting 3/19/2018 -  Minister of Trade and Industry Tarek Kabil headed to Belgium to participate in the 10th UfM Trade Ministerial Meeting, held in Brussels on March 19, gathering the 43 trade ministers of the Union for ...
Egypt Trade Minister To Attend AU Summit To Launch African Continental Free Trade Area
Egypt Trade Minister To Attend AU Summit To Launch African Continental Free Trade Area 3/20/2018 - Egypt's Trade and Industry Minister Tarek Kabil will participate in an extraordinary African Union Summit in Rwanda’s capital Kigali to sign the African Continental Free Trade Area (CFTA) including 55...

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