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Financials and Investment News in Egypt

Egypt Eyes Growth Rate of 7.5pct in 3 Years
9/17/2012 - Egypt's economy could reach a growth rate of 7.5 per cent during the coming 3 years in addition to creating 750,000 new job opportunities, said Momtaz El-Said the minister of finance on Monday at a co...
Egypt Participation of Private Sector in Development is Must
9/18/2012 - Finance Minister Momtaz el-Saeed said on 17/9/2012 that the private sector is the cornerstone of economic growth in Egypt as the state aims to increase investments to 276 billion pounds in the current...
Hisham Qandil: No Intention to Impose New Taxes
9/18/2012 - Prime Minister Hisham Qandil met on 17/9/2012 with 20 Egyptian, Arab and foreign investors on the security and economic situation in Egypt. Qandil told the business people that the government has no i...
Hisham Qandil Hails Egypt’s Participation in GCC
9/18/2012 - Prime Minister Hisham Qandil said on 18/9/2012 Egypt's participation in the Global Council on Competitiveness (GCC) will positively affect on the Egyptian economy. He made his remarks in the closing s...
Egypt Govt to Appeal Court Order Re-nationalizing Assiut Cement
9/18/2012 - The Egyptian government plans to file an appeal against a court ruling re-nationalizing Egyptian building-materials Company Assiut Cement, Industry and Foreign Trade Minister Hatem Saleh told Ahram On...
France Grants Egypt 300m Euros to Develop Cairo Metro
9/19/2012 - France has granted Egypt 300 million euros ($392 million) to help build a new underground line, the Egyptian foreign minister told reporters. Mohamed Kamel Amr's announcement came after President Moha...
128 Investment Projects Ready for Action in Egypt
9/19/2012 - Osama Saleh, Minister of Investment, Confirmed that the government focus in the coming period on 3 axes first published development in different provinces, where there are 128 projects in 27 province ...
Investment Projects in Egypt with Hermes
9/19/2012 - Osama Saleh, Minister of Investment Confirmed that the transition taking place in Egypt now increases the importance of the economic file and who tops the concerns of the Egyptian government, targetin...
EU to Grant Egypt 10m Euro for Water, Sanitation Projects
9/21/2012 - The European Commission is to grant Egypt 10 million euro ($13 million) to develop water and sanitation projects, the body said. The funds are the first tranche of a total 303 million euro ($392 milli...
Samir Imbaby, IBRD Delegates Discuss Boosting Cooperation
9/21/2012 - Civil Aviation Minister Samir Imbaby met on 20/09/2012 with representatives of the International Bank for Reconstruction and Development (IBRD), who are visiting Egypt to follow up the implementation ...
Egypt, Sudan Eye Boosting Trade Exchange
9/21/2012 - Egypt and Sudan on 20/09/2012 agreed on facilitating all measures to boost bilateral cooperation including a ten-fold increase in the two-way trade exchange. At the end of Prime Minister Hisham Qandil...
Hisham Qandil Meets Egyptian Community in Khartoum
9/21/2012 - Prime Minister Hisham Qandil met with members of the Egyptian community in Khartoum on 20/09/2012. Qandil expressed full confidence that Egypt would successfully pass through the current critical peri...
Qandil Visits Egyptian Experimental Farm in Sudan
9/21/2012 - On the second day of a visit to Sudan, Prime Minister Hisham Qandil inspected El-Alifon farm for agricultural products. The experimental farm was established on 1,500 feddans by Egypt's DAL Group. The...
Hisham Qandil Received Nasser Bin Mohamed
9/21/2012 - In the frame work of supporting foreign and Arab investments in Egypt, prime minister received sheikh Nasser Bin Mohamed Al Faheed Al Hageri president of Hasad Qatari Company for food, the meeting was...
Agriculture Investment between Qatar and Egypt
9/22/2012 - Prime Minister Hisham Qandeel received on 21/09/2012 Sheikh Nasser bin Mohamed Al Hageri, head of Qatari Hassad Foodstuff Company who is currently visiting Egypt. The Qatari delegation expressed inter...
Hisham Qandil Received Singapore Ambassador in Cairo
9/22/2012 - Prime minister received Mr. Tan Heng Seng Singapore ambassador in Cairo. The meeting tackled ways of supporting and activating cooperation between Egypt and Singapore in all fields, benefiting from Si...
Prime minister held an economic group meeting in Egypt
9/22/2012 - Prime minister held an economic group meeting, attended by governor of central bank and ministers of investment, finance, planning, petroleum, electricity, industry, communication and secretary genera...
Egypt Concerns about the Construction of Ethiopian Dam
9/23/2012 - Minister of Water Resources and Irrigation Dr. Mohamed Bahaa eddin on 22/9/2012 said that Egypt is still having concerns about the construction of Ethiopia’s dam due to its quantum storage capacity. H...
Egyptian Stock Exchange Wins Deputy Head of FEAS Post
9/23/2012 - The Egyptian Stock Exchange (ESE) won the Federation of Euro-Asian Stock Exchanges (FEAS)'s deputy head post after the voting held during the 18th annual general assembly of the federation was settled...
Dr Kandel Received Indian Ambassador in Egypt
9/23/2012 - Prime minister Dr Kandel received Mr. Navadeeb Seri Indian ambassador in Cairo; they reviewed Egyptian Indian relations and different ways to promote these relations. The amount of trade between the t...

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