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Financials and Investment News in Egypt

Egypt Among Top 5 Countries With Fastest Growing Brands Globally: Report
10/16/2019 - Developing economies have seen faster nation brand value growth over the past year at a rate 31 times higher than developed ones, with Egypt among the top five growing brands, according to a recent Br...
Egypt’s Central Bank Approves New Regulations Tightening Control on Micro-Financing
10/16/2019 - The Central Bank of Egypt (CBE) has approved new regulations and terms regarding credit facilities provided by Egyptian banks to enterprises, associations and civil society organisations that provide ...
Improved Business Climate Put Egypt on World Investment Map: World Bank
Improved Business Climate Put Egypt on World Investment Map: World Bank 10/17/2019 - World Bank (WB) officials praised legislative and structural reforms Egypt undertook to improve the investment climate. The reforms help Egypt maintain its position as the first foreign direct investm...
Global Economy Pace Remains Weak, Elevated Vulnerabilities Put Growth at Risk: IMF
10/17/2019 - The pace of global economic activity remains weak, and financial markets expect rates to stay lower for longer than anticipated in early 2019, according to the Global Financial Stability Report (GFSR)...
Assar Witness Deal between Two Egyptian Companies, Saudi Firm
10/17/2019 - Minister of State for Military Production Mohamed Saeed el Assar attended the inking of an agreement between the National Organization for Military Production (NOMP) and Heliopolis For Chemical Indust...
Assar Witnesses Deal between Two Egyptian Companies, Saudi Firm
10/18/2019 - Minister of State for Military Production Mohamed Saeed el Assar attended the inking of an agreement between the National Organization for Military Production (NOMP) and Heliopolis For Chemical Indus...
Planning Minister Lauds Role of Egyptian Investors Abroad to Stimulate Investment
10/18/2019 - Minister of Planning, Monitoring and Administrative Reform Hala el Saeed has lauded the great role played by Egyptian investors abroad to stimulate foreign investments in the country.

In pres...
KFAED: Egypt Tops World Countries in Paying Off Loans
10/18/2019 - Egypt is one of the world's top countries that benefit from and show commitment to paying off development loans, said the Kuwait Fund for Arab Economic Development (KFAED) .

Since its incep...
USEBC Head Hails Sisi's Unprecedented Economic Reforms
10/18/2019 - Head of US-Egypt Business Council (USEBC) and Apache Corp President, Chief Executive Officer & Director John J. Christmann thanked President Abdel Fattah El Sisi for introducing unprecedented economic...
Apache Corp. Plans to Increase Investments in Egypt
10/18/2019 - Apache oil corporation has plans to boost investments in Egypt through using the cutting-edge oil and gas exploration technologies, said John J. Christmann, the President, Chief Executive Officer and ...
WB, IMF Heads Praise Egypt’s Economic Reforms
10/19/2019 - World Bank Group President David Malpass and International Monetary Fund Managing Director Kristalina Georgieva praised Egypt’s economic and legislative reforms and efforts to ameliorate the investmen...
CBE: Foreign Investors Prefer Long-Term T-Bonds
CBE: Foreign Investors Prefer Long-Term T-Bonds 10/19/2019 - Central Bank of Egypt (CBE) Governor Tarek Amer said the great development which the Egyptian economy has witnessed recently is a testament to the success of the country’s financial and economic refor...
IMF: Egypt’s Economy Ready for Receiving More FDI
10/19/2019 - Director of the Middle East and Central Asia Department at the International Monetary Fund Jihad Azour commended the achievements attained by Egypt’s economic reform program over the past period after...
CBE Governor: Egypt’s Banking System Enjoys High Liquidity
10/19/2019 - Central Bank of Egypt Governor Tarek Amer said that the Egyptian banking system enjoys high liquidity, with a loan-to-deposit ratio standing at 44%.

Addressing the Institute of Internationa...
Investment Minister Urges WB, IMF to Increase Support for Africa
10/19/2019 - Minister of Investment and International Cooperation Sahar Nasr 18/10/2019 called on the World Bank (WB) and International Monetary Fund (IMF) to increase their support for achieving regional integrat...
Afesd to Fund 2nd Phase of Bahr El Baqar Sewage Treatment System
10/19/2019 - Ministry of Investment and International Cooperation has reached an agreement with the Arab Fund for Economic and Social Development (AFESD) to support the second phase of the project of Bahr el Baqar...
World's Largest Container Vessel Transits Suez Canal
10/19/2019 - Admiral Osama Rabie, Chairman of the Suez Canal Authority announced the successful transit of MSC ARINA, the world's largest container vessel, on its first trip. The Panamanian ship transited the Can...
Egypt, Tanzania Probe Fostering Bilateral Economic Relations
10/19/2019 - Egyptian Ambassador to Tanzania Mohamed Gaber Abul Wafa discussed with Tanzanian Investment Minister Angellah Kairuki means of bolstering economic cooperation between the two countries.

The...
Egypt, US Discuss Boosting Coop. In Aviation Field
10/19/2019 - Prime Minister Moustafa Madbouli has discussed at a meeting with the vice president of Boeing means of boosting cooperation between Egypt Air and the US aircraft giant, especially in light of the Egyp...
World Bank Praises Legislative, Institutional Reforms In Egypt
10/19/2019 - World Bank officials lauded legislative and institutional reforms carried out by the Egyptian government to improve investment climate, a step that helped Egypt maintain its status as the first invest...

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