Egypt Zones accountACCOUNT

Financials and Investment News in Egypt

Egypt Grants 10 New Golden Licenses: Gafi President
5/23/2023 - The Egyptian government has granted 10 golden licenses to new businesses, President of the General Authority of Investment (GAFI) Hossam Abu Heiba said during an interview with Asharq Business.
Environment Min. Meets WB Delegation
5/23/2023 - Environment Minister Yasmine Fouad held, 23-5-2023, a meeting with a delegation from the World Bank (WB) to discuss the latest developments in the blue economy sphere. Fouad affirmed that the blue e...
Maait: Egypt Dedicates All Potentials to Serve African Brethren
5/23/2023 - Finance Minister Mohamed Maait said that Egypt didicates all its potentials, abilities and expertise to serve the African brethren within the framework of keenness to support the aspirations of the Af...
GAFI CEO: Dlrs 22 Bn Foreign Investments Flowing Into Egypt Until Jun 2023
5/23/2023 - Hossam Heiba, the CEO of the General Authority for Investment and Free Zones (GAFI), said the volume of foreign investments flowing into Egypt hit dlrs 22 billion until June 2022, which is the highest...
Egypt Secures $66 Mln from EU, AFD to Expand Wheat Storage
5/23/2023 - The European Union and French Development Agency (AFD) are set to provide Egypt with a €60 million ($66 million) credit facility to build more silos for grain storage.

According to Reuters,...
Africa Needs Unconventional Ideas, Financing Solutions to Support Development: Sisi in Afdb Meetings
5/23/2023 - President Abdel-Fattah El-Sisi said Africa needs unconventional ideas and financing solutions to address pressing issues such as climate change and sustainable development.

El-Sisi made his...
Egypt, Oman Strengthen Economic Ties With Double Taxation, Financial Cooperation Agreements
5/23/2023 - Egypt and Oman signed an agreement to prevent double taxation and a MoU to foster bilateral cooperation in financial policies and developments, during Sultan of Oman Haitham bin Tariq’s first visit to...
Dollar Rate Stable at Egypt's Major Banks
5/23/2023 - The US dollar exchange rate was stable at the start of transactions at Egypt's major banks.

At the National Bank of Egypt (NBE) and Banque Misr, the dollar rate registered EGP 30.75 for buy...
Committee Assesses Progress of Egypt Country Cooperation Program With OECD
5/23/2023 - Egyptian Ambassador in Paris Alaa Youssef said that last week’s meeting of the coordination committee concerned with the country cooperation program between Egypt and the Organization for Economic Co-...
Egypt Seeking Concessional Loans to Fund Healthcare, Education & Food Security Programs: Maait
5/24/2023 - Egypt is seeking concessional loans from regional and international development partners to ensure sustainable spending on healthcare, education and food security programs, Minister of Finance Mohamed...
UK Standard Chartered Bank Plans to Open Branch in Egypt Next Year: CEO
5/24/2023 - The UK-based multinational Standard Chartered bank plans to open a new branch in Egypt next year after securing approval from the Central Bank of Egypt, according to CEO Bill Winters.

"We h...
Market Watch: Gold Continues Losses on Wednesday; Euro Inches Down
5/24/2023 - Gold prices declined midday tradings, continuing a downturn that started, while the Egyptian pound rose by nearly 14 piastres against the Euro.

Gold prices - The 24 karat per-gram price st...
Egypt Ranks 14th Among World's Most Attractive Emerging Markets
5/24/2023 - Egypt ranked 14th among the world's top attractive and trusted emerging markets for foreign investments, ahead of Turkey, Morocco, South Africa, and Russia, according to a report by American global ma...
Cabinet Weekly Meeting Reviews Important Files
5/24/2023 - The Cabinet held its weekly meeting - under Prime Minister Moustafa Madbouli to discuss an array of political, economic and social files.

The latest developments in the international arena ...
Sczone,Two Chinese Firms Review Establishing Iron Complex
5/24/2023 - Chairman of the General Authority for Suez Canal Economic Zone (SCZone) Walid Gamal Eddin had talks with the heads of two Chinese companies to establish an iron production complex in the SCZone.
Irrigation Minister Lauds Long-Standing Cooperation With Netherlands
5/24/2023 - Irrigation Minister Hany Sweilam has praised the long history of cooperation between Egypt and the Netherlands, which dates back to the 70s, in the field of water.

A joint cooperation deal ...
CIB’s Hisham Ezz Al-Arab Receives Lifetime Achievement Award at African Banker Awards 2023
5/25/2023 - African Banker magazine granted Chairman of the Commercial International Bank (CIB) Hisham Ezz El-Arab the Lifetime Achievement Award in recognition of his achievements throughout his banking career, ...
Afdb Expects Egypt's GDP Growth at 4.8 Percent for FY 2023/24: Report
5/25/2023 - Egypt's GDP growth is expected to increase to 4.8 percent in FY 2023/24, up from 4.4 percent in the current FY, according to the African Economic Outlook 2023. The government's IPO programme, estimat...
Environment Min. Discusses Finance Opporutnities in Natural Reserves
5/31/2023 - Environment Minister Yasmin Fouad met, with the members of investment committee of the Environment Ministry to discuss the available finance opportunities for investment to practice different economic...
Mashat, Talaat Attend Signing of German Grant Deal to Support E-Government
5/31/2023 - International Cooperation Minister Rania el Mashat and Communications and Information Technology Minister Amr Talaat attended the signing ceremony of an agreement between the Communications and Inform...

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.