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Financials and Investment News in Egypt

Lineup of Egyptian Side in Egyptian-Romanian Business Council to be Announced Soon
3/1/2019 - Trade and Industry Minister Amr Nassar said efforts are under way to form the Egyptian side of the Egyptian-Romanian business council.

In a statement on Thursday, he underlined the importance...
Egypt, Côte d’Ivoire Discuss Means of Cooperation in Communication Field
3/1/2019 - Communications and Information Technology Minister Amr Talaat has discussed with Minister of Digital Economy and Post of Côte d’Ivoire, Claude Isaac DE means of boosting cooperation between both count...
AOI, Nicosia Probe Fostering Cooperation in Industrial Fields
3/1/2019 - Chairman of the Arab Organization for Industrialization (AOI) Abdel Moneim el Tarras discussed with the Cypriot defense attaché in Cairo the possibility of opening up new prospects for AOI-Nicosia co...
Investment Minister Sahar Nasr Discusses Support for Private Sector with ITFC CEO
Investment Minister Sahar Nasr Discusses Support for Private Sector with ITFC CEO 3/1/2019 - Minister of Investment and International Cooperation Sahar Nasr met with the CEO of the International Islamic Trade Finance Corporation Hany Salem Sonbol on Friday, to discuss efforts to increase ITFC...
Egypt, EBRD Discuss Boosting Cooperation
3/2/2019 - Minister of Local Development Mahmoud Shaarawi and European Bank for Reconstruction and Development’s (EBRD) Managing Director for Southern and Eastern Mediterranean Janet Hackman discussed means of ...
Egypt, Afghanistan probe cooperation in administrative reform fields
3/2/2019 - Minister of Planning, Monitoring and Administrative Reform Hala el Saeed discussed with the Afghan ambassador to Egypt bilateral cooperation in the administrative reform fields.

The two sides...
Egypt, Romania Sign 3 Mous, Cooperation Protocol
3/2/2019 - Minister of Investment and International cooperation Sahar Nasr signed with Romanian Minister of Business Environment, Trade and Entrepreneurship ?tefan-Radu Oprea a memorandum of understanding (MoU) ...
60 Egyptian Companies to Participate in Iraqi Investment Expo
3/2/2019 - As many as 60 Egyptian construction companies are scheduled to take part in an economic and investment conference and exhibition, to be hosted by Iraq's Baghdad on March 31.

Commercial Atta...
Egypt Investment Forum Kicks Off Today
3/2/2019 - On behalf of Egypt’s Premier Mostafa Madbouly, Minister of Trade and Industry Amr Nassar opened the fourth Egypt Investment Forum, organized in Cairo by the Federation of Egyptian Chambers of Commerc...
Egypt’s Eastern Co Shares Up To 5 Percent at Opening on Egypt Stock Exchange
3/3/2019 - Egypt’s top cigarette maker Eastern Company SAE shares were up 5 percent at opening on Egypt stock exchange after share offer to reach 17.50 Egyptian pounds($1.00) per share.

The company sold...
Egypt Fund Is Sovereign Investment Fund Wholly Owned By Egypt with Independent Legal Personality
3/3/2019 - Minister of Planning, Monitoring and Administrative Reform Hala El Saeed stressed that the law of Egypt’s sovereignty Fund was published in the official gazette, which stipulates that it should be put...
Egyptian Mission in Kazakhstan for Economic Cooperation Talks
3/3/2019 - An Egyptian mission is visiting Kazakhstan to have talks with senior officials there on economic cooperation opportunities in the fields of trade, industry and investment.

The delegation is c...
Egypt’s Foreign Reserves Up to $44.06 Bln by End of February
3/4/2019 - Egypt’s foreign reserves rose by $1.4 billion by the end of February 2019 to reach $44.06 billion, compared to $42.6 billion by the end of January 2019, the Central Bank of Egypt (CBE) said .

...
Egypt Welcomes Investors Globally
3/4/2019 - President Abdel Fattah El Sisi has unwavering faith in Egypt's relation with Africa, Prime Minister Mostafa Madbouli stressed .

The president is very keen on promoting cooperation ties with s...
Investment Minister Launches National Population Strategy
3/5/2019 - Minister of Investment and International Cooperation Sahar Nasr launched Egypt's national population strategy.

The European Union supports the strategy with a grant of 540 million pounds..
CBE Approves Issuing Aman Life Insurance Certificates
CBE Approves Issuing Aman Life Insurance Certificates 3/5/2019 - The Central Bank of Egypt (CBE) gave the green light to four banks to go forward with issuing Aman life insurance certificates in line with directives of President Abdel Fattah El Sisi.

In ...
Egyptian Tourism Ministry to Adopt New Promotion Methods at ITB, Says Mashat
3/5/2019 - Taking part in the travel trade show in Berlin ITB on March 6-10, Egypt will be adopting new promotion methods, said Tourism Minister Rania el Mashat Tuesday.

For the first time, tourist c...
Egypt Feb Non-Oil Private Sector Activity Slowest Since Sept 2017:
3/5/2019 - Egypt’s non-oil private sector activity contracted for the sixth consecutive month in February, falling to its slowest since September 2017, a survey showed .

The Emirates NBD Egypt Purchasin...
EBRD Launches Program to Support Egyptian Women's Economic Inclusion
3/5/2019 - The European Bank for Reconstruction and Development (EBRD) launched a new program for enhancing employment and entrepreneurship opportunities for women in green energy in Egypt.

"EBRD is p...
Egypt's Central Bank Excludes Rice, Beans, Lentils Imports from Cash Cover
Egypt's Central Bank Excludes Rice, Beans, Lentils Imports from Cash Cover 3/7/2019 - The Central Bank of Egypt (CBE) excluded imports of rice, beans and lentils from the 100 percent cash cover granted on import orders for one year.

In a statement, the bank said the exemption ...

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