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Financials and Investment News in Egypt

Dr Hisham Kandel Received Saudi Ambassador in Cairo
8/28/2012 - Prime minister Dr Hisham Kandel received Mr. Ahmed Abed Al Aziz Alkatan Saudi ambassador in Cairo. The meeting tackled the ways of supporting mutual cooperation in all fields to support Egypt during t...
Dr Hisham Kandel Received Turkish Ambassador in Cairo
8/29/2012 - Prime minister Dr Hisham Kandel received Turkish ambassador in Cairo, the meeting tackled ways of supporting cooperation between the two countries in all fields, in addition to increasing Turkish inve...
Dr Hisham Kandel Received Bahraini Ambassador
8/29/2012 - Prime minister Dr Hisham Kandel received Mr. Rashed Bin Abd El Rahman Al khalifa Bahraini ambassador in Egypt. The meeting tackled ways of supporting mutual cooperation in all fields to help Egypt in ...
Egypt's Trade Deficit Rises for Fifth Consecutive Month
8/29/2012 - Egypt's trade deficit soared to LE19 billion ($3.1 billion) in May, 10.2 per cent higher than the same month the year before, the state statistics agency said on Wednesday. The country''s total trade ...
Egyptian-European Agreement to Provide € 20 Million to Developing Shanty Towns
8/30/2012 - An agreement was signed between the Ministry of Planning and Cooperation and the European Union (EU) related to developing shanty towns. According to the agreement, the EU is granting Egypt 20 million...
8 Agreements for Supporting Egypt-China Cooperation
8/30/2012 - President Mohamed Morsi and his Chinese counterpart Hu Jintao witnessed the signing of eight bilateral agreements. The signed agreements state that China would extend to Egypt non-refundable grant of ...
Egypt to Allow Foreign Direct Investment in Sinai Peninsula
8/30/2012 - Planning and International Cooperation Minister Ashraf el-Arabi reviewed with visiting Sudanese Foreign Minister Ali Karti means of boosting cooperation between the two countries in the various domain...
Morsy’s China Visit Achieved Positive Economic Outcome
9/1/2012 - President Mohamed Morsy's visit to China has achieved several positive outcome for Egypt's economy, tourism and investment, Prime Minister Hisham Qandil said on 31/08/2012. The coming period will witn...
$93 Annually on Phones, Internet for Egyptian Households
9/2/2012 - Egyptian households spent an average of 2.5 per cent of their annual expenditure, or LE555 ($92.5), on telecommunications in 2010/11, the latest survey by the Central Agency for Public Mobilisation an...
West Suez Gulf Project to be Completed with China
9/2/2012 - Presidential Spokesman Yasser Ali said President Mohamed Morsi's visit to China was successful and achieved all its goals. Ali said the visit has a political, cultural and economic nature, adding Egyp...
IMF Loan Deal Proves Economy Able to Recover
9/2/2012 - Presidential Spokesman Yasser Ali said on 1/9/2012 that a planned loan deal between Egypt and the International Monetary Fund (IMF) shows that the Egyptian economy is able to recover. "The loan proves...
Bilateral Relations between China and Egypt
9/2/2012 - Investment Minister Osama Saleh said President Mohamed Morsi's visit to China is meant to foster economic and trade relations and promote investment cooperation between the two countries. Addressing a...
Egyptian Ministers Discuss Suez Canal Development Plan
9/3/2012 - The ministers of housing, transport, investment and industry have met on 2/9/ 2012 to examine executive steps and timeframes for a national project that aims at developing the Suez Canal zone to becom...
Qandil Opens ESE Trading Session
9/4/2012 - Prime Minister Hisham Qandil opened Egypt's stock exchange's trading session (ESE) in the presence of Investment Minister Osama Saleh, Chairman of Mortgage Finance Authority Osama Saleh and the stock ...
Hatem Saleh: New Turkish Investments
9/4/2012 - Minister of Industry & Foreign Trade Hatem Saleh held a meeting with a delegation of Turkish businessmen in the presence of Turkish ambassador in Cairo Huseyin Avni Botsali to discuss ways to solve pr...
Two Factories to Produce Sugar in Sudan & Tanzania
9/4/2012 - The Egyptian-African company for investment and development has decided to invest a total of US$400 million to establish two sugar mills, one in Sudan and the other in Tanzania, in order to meet local...
Egypt Replaces Head of Tax Authority
9/4/2012 - Egypt's finance minister has replaced the head of the country's tax authority Ahmed Refaat with Mamdouh Omar, a veteran tax inspector, the state-run MENA news agency reported. Omar will hold the posit...
Bilateral Relations between Egypt and Norway
9/5/2012 - Prime minister received Mr. Jonas Gahr Stourah Norway minister of foreign affairs and the accompanied delegation, the meeting was attended by Norway ambassador in Cairo. The meeting tackled ways of st...
Egypt Offers $2.3 Billion of Debt
9/6/2012 - Egypt will offer 14 billion Egyptian pounds ($2.3 billion) of government debt as yields declined before International Monetary Fund loan talks resume and as the U.S. reiterated an aid pledge. The coun...
Egyptian Qatari Talks with the Qatari prime minister
9/6/2012 - Prime minister held the mutual Egyptian Qatari talks with the Qatari prime minister, attended from the Egyptian side by ministers of finance, investment, and planning, civil aviation and from the Qata...

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