Egypt Zones accountACCOUNT

Financials and Investment News in Egypt

Egypt Signs Four Assistance Agreements with USAID worth $ 59 Million
8/4/2019 - Egypt and the United States, through the United States Agency for International Development (USAID), signed four bilateral assistance agreements worth $59 million .

The US embassy in Cairo ...
Minister of Trade Orders Restructuring Egyptian Side to Egyptian-Kuwait Economic Cooperation Council
8/4/2019 - Minister of Trade and Industry Amr Nassar issued a decision to restructure the Egyptian side to the Egyptian-Kuwaiti Economic Cooperation Council under the chairmanship of Safy Wahba, CEO of El Safy ...
Egypt Participates in BRICS Future Networks Forum
8/4/2019 - Minister of Telecommunication and Information Technology Amre Talaat left, yesterday heading a high-level delegate, for China to participate in the activities of BRICS Future Networks Forum. A number ...
'Egypt’s Economic Environment Conducive for an Accelerated Easing Cycle
8/4/2019 - According to a recent report released by HC Securities and Investments, the flotation of the Egyptian pound in late November 2016 pushed the Monetary Policy Committee (MPC) of the Central Bank of Egyp...
Egypt Signs Four Assistance Agreements with USAID worth $ 59 Million
Egypt Signs Four Assistance Agreements with USAID worth $ 59 Million 8/4/2019 - Egypt and the United States, through the United States Agency for International Development (USAID), signed four bilateral assistance agreements worth $59 million .

The US embassy in Cairo sa...
Second Round of Africa Investment Forum to Be Held in November
Second Round of Africa Investment Forum to Be Held in November 8/5/2019 - The African Development Bank (ADB) and the African Export-Import Bank (Afreximbank) announced the launching of the Africa Investment Forum 2019, which will be held in Johannesburg in November.
Egypt's Trade Deficit Shrinks 25 Pct in May: CAPMAS
8/6/2019 - Egypt's trade deficit narrowed by 24.6 percent year-on-year to $3.34 billion in May, the country's official statistics agency CAPMAS said.

Exports went up 1.6 percent to $2.68 billion due t...
Egypt Adopting Strategy to Restore Cotton Industry to Top of Global Market
8/6/2019 - Egyptian Minister of the Public Business Sector Hisham Tawfik has announced that Egypt is adopting a new strategy to restore its cotton industry to its place at the top of the global cotton market.
Egypt's Exports at Highest Rate since November 2017
8/6/2019 - Egypt’s non-oil private sector economy saw a marginal improvement at the start of the third quarter of the year, as output and new orders increased slightly, although employment has continued to fall,...
Egypt's Foreign Net Reserves Rise to Record High $44.917 Billion by End of July 2019
8/6/2019 - Egypt’s foreign net reserves rose $564 million to report a record high of $44.917 billion by the end of July 2019, the Central Bank of Egypt announced, nearly one day after the country received a fina...
Egypt to Purchase Six Trains From Hyundai for Cairo Metro
8/6/2019 - Egypt has signed a supply contract for six new trains for Greater Cairo's Metro Line 2 with South Korean Hyundai Rotem, a statement by the country's transportation ministry said.

According to...
WB publishes infographic for Egypt's education reform
8/7/2019 - The World Bank published an infographic on a project to support Egypt's education reform.

The infographic, shown on the World Bank's official Twitter account, tackled the efforts exerted to ...
Sisi Witnesses Inking of Mou to Build Container Handling Terminal at Abu Qir Port
8/7/2019 - President Abdel Fattah El Sisi met ] with Commander of the Naval Forces Ahmed Khaled and Group Managing Director of Hutchison Ports Holdings Ltd. Eric Ip as well as the group CEO.

The meeting...
Pm Follows Up Implementation of Developming Projects
8/8/2019 - Prime Minister Mostafa Madbouli has stressed the importance of finalizing under-construction development projects on the Nile river.

The meeting was attended by Transport Minister Kamel el Wa...
Egypt's Annual Inflation Rate Declined To 7.8 Percent in July:
8/8/2019 - The annual inflation rate declined to 7.8 percent in July according to a monthly statement issued by the Central Agency for Public Mobilization and Statistics (CAPMAS).

In the statement, CAPM...
All EGX Indexes Up, Benchmark Rises 1.65 Pct
8/8/2019 - The Egyptian Exchange (EGX) indexes went up collectively at the close of trading, pushed by purchases of Arab and foreign institutions and investment funds.

The market capital gained about E...
The Upcoming Investment Forum: Doing Business in Africa
8/13/2019 - Egypt has successfully carried out its economic reform programme, and the African countries can benefit from this expertise, said Malinne Blomberg, country manager at the African Development Bank (AFD...
Smes: Catalysts for Economic Growth in Mideast and Central Asia
8/13/2019 - An International Monetary Fund (IMD) report issued this year has underscored the role played by small and medium-sized enterprises (SMEs) as catalysts for economic growth and employment in the Middle ...
CBE Expected To Cut Interest Rates To 14.75%: Capital Economics
8/14/2019 - In the wake of a notable decrease of Egypt's inflation rate, with the Central Agency for Public Mobilisation and Statistics (CAPMAS) announcing last week a drop to 8.7 percent, all hopes were pinned o...
All EGX Indexes Up, Benchmark Rises 2.5 Pct
8/15/2019 - The Egyptian Exchange (EGX) indexes posted collective gains at the close trading, backed by Egyptian institutions and investment funds.

The market capital gained about EGP 14 billion, registe...

Accounting, Statistics Asset Portfolio Management Economics/Financial Analysis Gas Export General Investment Mergers and Acquisitions
For Buyers
Advertise your Purchasing Requests

For Suppliers
Promote your Products
Egypt Zones
Copyright © Universal Solutions All rights reserved. - Privacy Policy.