Egypt Zones accountACCOUNT

Financials and Investment News in Egypt

Petroleum Min: Luring Investments to Golden Triangle Economic Zone Priority of Political Leadership
1/10/2023 - Petroleum Minister Tarek Al Molla said that luring more investments to the Golden Triangle Economic Zone is a priority for the political leadership and government.

Presiding over a workshop...
Yasmin Fouad: Abo Rawash Waste Project Pioneering Experience for Generating Electricity
1/10/2023 - Environment Minister Yasmin Fouad said the project of turning solid waste into electricity in Giza will be a pioneering experience to achieve economic revenue from recycling and reduce CO2 emissions.<...
State Keen to Diversify Promising Investment Opportunities for Local, Foreign Investors
1/10/2023 - Minister of Planning and Economic Development Hala el Saeed said the State is keen to diversify promising investment opportunities for local and foreign investors.

Saeed made the remarks du...
Damietta Port receives biggest wheat shipment since inauguration
1/10/2023 - Damietta Port received the biggest wheat shipment since its inauguration in 1986.

The port received the bulk carrier "SABAEK" flying the flag of Panama and coming from Russia with 96,200 to...
CIB Egypt Offers Cds With a Distinctive Return, Following NBE, Banque Misr
1/11/2023 - Commercial International Bank Egypt announced that it would raise the interest on Certificates of Deposit (CDs) for a year and a half.

The move makes CIB the third bank to raise the interes...
BREAKING: Egyptian Pound Continues to Depreciate Against US Dollar to Over EGP 29
1/11/2023 - Hitting a new low, the Egyptian pound lost over 10 percent of its value against the US dollar to record over EGP 29 on Wednesday morning.

The dramatic slide came following the International...
PM :Gov’t Acting to Develop Non-Banking Financial Services
1/11/2023 - Egyptian Prime Minister Moustafa Madbouli has said that his government is acting to develop non-banking financial services.

The government pays utmost attention to supporting efforts of the...
IT Minister, NIELIT Director General Probe Cooperation in Building Up Digital Capacities
1/11/2023 - Minister of Communication and Infromation Technology Amr Talat discussed with Director General of the Indian National Institute of Electronics & Information Technology (NIELIT) Dr. Madan Mohan Tripath...
Will The Central Bank of Egypt Interfere to Control Soaring Prices?
1/12/2023 - The price of the Egyptian pound continued to decline against the US dollar at the beginning of trading, on Thursday, January 12.

At the National Bank of Egypt, it recorded LE 29.95 for pur...
All You Need to Know About Egypt’s Commitments, Targets Under New Imf Programme
1/12/2023 - The International Monetary Fund (IMF) announced the details of its new 46-month loan programme for Egypt and its government commitments in a staff report.

The report detailed the main targe...
Two Ministers Discuss Establishing Micro Projects to Provide Jobs for Underprivileged Citizens
1/12/2023 - Public Business Sector Minister Mahmoud Essmat and Social Solidarity Minister Nevine el Qabbag probed ways of establishing micro projects to secure job opportunities for underprivileged citizens.
<...
Ministry: 136,000 Quintals of Cotton Sold in 7 Governorates
1/14/2023 - The Ministry of Public Business Sector announced that some 136,000 quintals of cotton were sold in auctions held.

In a statement released the ministry said those actions were conducted in ...
Minister, TRS Delegation Discuss Recycling Used Tires
1/14/2023 - Public Business Sector Minister Mahmoud Esmat discussed with Swiss Ambassador in Cairo Yvonne Baumann and a delegation of Tyre Recycling Solutions ways of cooperation to recycle used and damaged tire...
CAPMAS: Egyptian Exports Jump By 23.3% in 10 Months to Register Dlrs 42.8bn
1/14/2023 - The Central Agency for Public Mobilization and Statistics (CAPMAS) said that Egypt's exports to world countries registered dlrs 42.8 billion in the first ten months of 2022, compared to dlrs 34.7 bill...
Europe Will Return to Russian Gas, Says Qatar Energy Boss
1/14/2023 - European countries will eventually resume higher imports of Russian gas, Qatar's energy minister and gas company CEO predicted, warning that market volatility could last for years.

Saad She...
Sustainable Development is Attained By Cooperation of Individuals, State, Private Sector
1/14/2023 - Agriculture and Land Reclamation Minister El Sayyed el Quseir underscored that the sustainability notion is achieved by promoting cooperation among individuals, the state, the private sector and civil...
Cabinet Spox: No Orders in IMF-Egypt Agreement
1/15/2023 - Cabinet Spokesman Nader Saad said the agreement between the International Monetary Fund (IMF) and the Egyptian government does not include any orders.

The two sides has been engaged for six...
Egypt to Bridge Financing Gap By Selling State-Owned Assets: IMF
1/15/2023 - Egypt aims to bridge its financing gap through FY2025/26 mainly by selling state-owned assets, including to member states of the Gulf Cooperation Council, according to a staff report the International...
Egyptian Pound's Performance Stable Against USD in End of Week Transactions
1/15/2023 - The Egyptian pound is continuing to witness significant fluctuations against the US dolla surpassing EGP 30 in a number of foreign and Arab banks operating in the Egyptian market.

Following...
Afghan Bank's Cash Remarks 'Misleading, Unhelpful': UN
1/15/2023 - The UN criticized Afghanistan's Taliban-controlled central bank for making ``misleading and unhelpful'' remarks about cash destined for humanitarian work.

It comes amid growing tension bet...

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.