Egypt Zones accountACCOUNT

Financials and Investment News in Egypt

Minister: Investments of UK Companies in Egypt worth $ 47.8bn
Minister: Investments of UK Companies in Egypt worth $ 47.8bn 11/30/2019 - Investment Minister Sahar Nasr called on British companies to boost investments in Egypt that reached $ 47.8 billion, with 1,817 British companies operating in the country.

The minister sai...
Ambassador in Athens, Egyptian Businessmen Mull Enhancing Trade Exchange with Greece
11/30/2019 - Egyptian Ambassador to Greece Ismail Khairat discussed with a delegation of Egyptian businessmen major obstacles facing their investments in the country.

The meeting came on the sidelines o...
Ministry of Trade Arranges for Egypt’s Participation in Expo 2020 Dubai
12/1/2019 - The Ministry of Trade and Industry hosted November 30, 2019 the 2nd meeting of the National Coordinating Committee responsible for preparing for Egypt’s participation in Expo 2020 Dubai.

The ...
Egyptian Pavilion at Italy's Artigiano Exhibition Offers Important Marketing Opportunity
12/1/2019 - Egypt Ambassador in Rome Hesham Badr November 30, 2019 opened the Egyptian pavilion at the Artigiano international exhibition, hosted by Italy's Fiera Milano.

Addressing the event's opening c...
WYF Sponsored by Large Number of Companies, Banks
12/1/2019 - The World Youth Forum (WYF) will kick off in the Egyptian Red Sea resort city of Sharm el Sheikh from December 14 through 17.

The forum will tackle three main issues; peace, development and i...
Saudi Rises on Corporate News, Other Gulf Markets Also Gain
12/1/2019 - Saudi Arabian shares rose in early trade on the back of corporate news, as all major Gulf markets gained ground.

Supporting the region’s markets was the news that Qatar’s foreign minister ha...
Under Sisi’s Directives. Gov’t, CBE Launch Industry Support Initiative
12/2/2019 - Prime Minister Mostafa Madbouli has chaired a high-level meeting to mull preparations for launching an initiative to support the industry sector.

The meeting, was attended by Governor of the ...
Egypt's Non-Oil Private Sector Shrinks to Slowest in Over Two Years: PMI
12/3/2019 - Activity in Egypt’s non-oil private sector contracted in November for the fourth consecutive month, falling to its lowest since September 2017, a survey showed.

The IHS Markit Egypt Purchas...
Egypt's New Power Plants to Save the Country $800 Million Annually in 3 Years
12/3/2019 - Egypt will save around EGP 13 billion (approx. $804 million) in energy consumption annually from three power plants co-built by Siemens in three years, Electricity Minister Mohamed Shaker said.
Egypt Set to Issue First Corporate Sukuk within Weeks, Official Says
12/3/2019 - Egypt is set to issue its first corporate sukuk, or Islamic bonds, in the coming weeks, an official at the Financial Regulatory Authority (FRA) said .

FRA department head Sayed Abdel-Fadil ...
Sisi Inaugurates Several National Projects in Damietta
12/3/2019 - President Abdel Fattah El Sisi witnessed the inauguration of a number of national projects in Damietta governorate via video conference.

President Sisi inaugurated via video conference a low-...
Egypt's Foreign Reserves Rise to $45.354 Bln in November
12/3/2019 - Egypt’s net foreign reserves rose to $45.354 bln in November from $45.247 bln in October, the central bank said.

Reserves climbed sharply after Egypt embarked in 2016 on a three-year, IMF-ba...
Russian Wheat Offered Lowest at Egypt's GASC Tender - Traders
12/3/2019 - The lowest offer presented at an Egyptian state purchase tender for wheat was at $221.49 a tonne free-on-board (FOB) for 55,000 tonnes of Russian wheat, traders said .

The offer was presented...
Egypt to Issue First Corporate Sukuk Within Weeks
12/3/2019 - Egypt will issue its first corporate sukuk, or Islamic bonds, within weeks, a Financial Regulatory Authority (FRA) official said .

CIAF Leasing, an aircraft leasing company, will issue sukuk ...
CBE: Egypt's Foreign Currency Hit $45.3 Bln in November
CBE: Egypt's Foreign Currency Hit $45.3 Bln in November 12/4/2019 - Egypt's foreign currency reserves jumped by $108 million in November to reach $45.354 billion, the Central Bank of Egypt (CBE) said in a statement .

In October, the country's foreign reserv...
Egypt Rise up Summit 7th Edition Kicks off Thursday
12/4/2019 - Rise Up Summit in its 7th edition is to kick off for three days at the American University in Cairo (AUC) y, under the slogan Journey To Growth.

The summit will host more than 17 pitching c...
Egypt, ITFC Ink $1.1 Bln Agreement to Support Logistic, Petroleum Commodities
12/4/2019 - Egypt inked an executive agreement with the International Islamic Trade Finance Corporation (ITFC), a member of the Islamic Development Bank (IDB), to support Egypt's essential logistic and petroleum ...
Egypt's Increasing Foreign Reserves Reflects Sound, Balanced Monetary Policy: Banking Expert
12/4/2019 - Former secretary general of the Egyptian Banks Federation and banking expert Abdel-Rahman Baraka has said that increasing Central Bank of Egypt (CBE) foreign reserves is a sign that Egypt has adopted ...
Government Launches EGP 100 Million Initiative for Supporting Industrial Sector
12/5/2019 - The Egyptian government unveiled an EGP 100 million initiative aimed at funding businesses in the industrial sector as part of President Abdel Fattah El Sisi’s directives for shoring up local manufac...
Abdel Aal Voices Egypt's Keenness to Foster Cooperation with S.Sudan in Livestock, Fisheries Field
12/6/2019 - House of Representatives Speaker Ali Abdel Aal asserted Egypt's keenness to build bridges of cooperation with South Sudan and offer support needed to help it pass through the transitional period.
<...

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.