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Financials and Investment News in Egypt

Egypt, UAE Establish $ 20 Bn Strategic Investment Platform
11/15/2019 - Egypt and the UAE are due to establish a strategic investment platform that is worth 20 billion dollars for joint investment in various fields and assets through Abu Dhabi Developmental Holding Compan...
16 Egyptian Firms Partake In Werpex Expo in Kenya
11/15/2019 - As many as 16 Egyptian companies have taken part in the 4th International Exhibition for Water, Electricity, Renewable Energy and Power Technologies (WERPex), which was held on November 11-13 in the K...
Egypt Back to Int'l Bond Market by Issuing $ 2bn Bonds
11/15/2019 - Finance Minister Mohamed Ma'eet said that Egypt has returned to the international bond market by issuing 2 billion dollar bonds in three tranches.

The issuance included 500 million dollars of...
PM Underscores Importance of Tablet's Technology Transfer to Egypt
11/17/2019 - Prime Minister Mostafa Madbouli has underlined the importance of transferring technology of tablets to Egypt, particularly under the tablet-based new educational system.

He made his stateme...
Minister Highlights Private Sector's Major Role In Boosting Economic Coop. With Oman
11/17/2019 - The Egyptian and Omani private sectors play a pivotal role in promoting economic cooperation between both countries, Minister of Trade and Industry Amr Nassar said.

Nassar made his remark dur...
Egypt, Switzerland Probe New Cooperation Strategy Until 2024
Egypt, Switzerland Probe New Cooperation Strategy Until 2024 11/17/2019 - Investment Minister Sahar Nasr discussed with Head of the Swiss Federal Department of Economic Affairs, Education and Research Guy Parmelin the new cooperation strategy between Egypt and Switzerland f...
Egypt, Switzerland Probe New Cooperation Strategy Until 2024
11/17/2019 - Investment Minister Sahar Nasr discussed with Head of the Swiss Federal Department of Economic Affairs, Education and Research Guy Parmelin the new cooperation strategy between Egypt and Switzerland f...
Minister Highlights Private Sector's Major Role in Boosting Economic Coop. With Oman
11/17/2019 - The Egyptian and Omani private sectors play a pivotal role in promoting economic cooperation between both countries, Minister of Trade and Industry Amr Nassar said.

Nassar made his remark dur...
PM: Follows Up Renovation of El Attaba Market
11/18/2019 - Prime Minister Mostafa Madbouli asserted the importance of continuous follow up of renovation work at El Attaba market, Cairo's biggest and most popular commercial and shopping areas.

The pro...
Beltone Financial Expects Egypt's Economy to Grow By 6.1% in 2020
11/18/2019 - Beltone Financial, one of the largest investment banks in the Middle East and North Africa, expected that Egypt's economy to achieve a growth rate of up to 6.1% in the next fiscal year 2020/21, compar...
US Investments in Egypt Increase By 26%
11/18/2019 - Prime Minister Mostafa Madbouly said Egypt's economy had become one of the world’s top 10 economies in terms of attracting direct foreign investments and growth rates.

Speaking at an event...
Egypt's Sovereign Wealth Fund Increases Partnership Between Private, Public Sectors
11/18/2019 - Planning minister Hala El-Said said Egypt's Sovereign Wealth Fund was one of the mechanisms the state utilised to increase partnership between the public and private sectors.

El-Said was deli...
Egypt's Trade Volume with African Union Increased By 24.4% in 2018
11/18/2019 - Egypt's exports to African Union (AU) countries recorded $4.736 billion in 2018, up from $3.716 billion in 2017, registering an increase of 27.4 percent, stated the Central Agency for Public Mobilisat...
Capmas: 32.2% Increase in Trade Exchange Between Egypt, Comesa
11/19/2019 - The volume of trade exchange between Egypt and fellow member states of the Common Market for Eastern and Southern Africa (COMESA) hit dlrs 2.952 billion in 2018 compared with dlrs 2.233 billion in 201...
GAFI Probes with Chinese Delegation Upping Chinese Investments in Egypt
11/19/2019 - Acting Head of the General Authority for Investment and Free Zones (GAFI) Mohamed Abdel Wahab said that Egypt and China seek to deepen investment relations and turn Egypt as a gateway for exporting Ch...
Egypt's Exports of Ready-Made Garments Hit $456 Mln in FY 2019/20
11/19/2019 - Egypt’s Ready-Made Garments Export Council (RMGEC) announced on Monday that the sector’s exports increased by 11 percent during the first quarter of the current fiscal year (FY 2019/20) to reach $456 ...
Egypt, Germany Sign Agreements Worth 330 Mln Euros on Renewable Energy, Vocational Training
11/20/2019 - Egypt and Germany have signed five joint cooperation agreements worth 330 million euros (approx. $366 million) to boost renewable energy and vocational education on the sidelines of Egyptian President...
Trade Minister: Egypt Keen on Boosting Bridges of Cooperation Among African States
11/20/2019 - Minister of Trade and Industry Amr Nassar asserted Egypt's keenness on extending bridges of cooperation among African states and drawing up a vivid roadmap towards achieving an African industrial inte...
Egypt & Ghana mull boosting relations
11/20/2019 - The African affairs committee of the House of Representatives, headed by Tarek Radwan, discussed with Ghanaian Ambassador to Egypt Winfred Nii ways of bolstering bilateral relations in several fields...
Logistics Essential for Successful Intra-Africa Trade
11/24/2019 - Public Business Sector Minister Hesham Tawfiq said the provision of logistics is a key factor for a successful intra-Africa trade.

The minister participated in a session held under the activi...

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