Egypt Zones accountACCOUNT

Financials and Investment News in Egypt

PM Madbouli: 2nd Indian Ocean Region Forum Comes at Very Important Time
12/9/2023 - Prime Minister Moustafa Madbouli lauded the Chinese government's efforts in organizing the second conference of its Indian Ocean Region (IOR) Forum that comes at a very important time when there is an...
Nigeria to Plant 10 Million Mangrove Seedlings in Next 3 Years: Minister of State for Environment
12/9/2023 - DUBAI, 9th December, 2023 (WAM) -- Dr. Ishaq Salako, Minister of State for Environment in the Federal Republic of Nigeria, said that Nigeria, the third-largest country in the world in terms of the amo...
Global Aerospace Companies to Report 10 Percent Higher Profit in 2024: IATA
12/10/2023 - The profits of global aerospace companies are expected to surge by 10 percent to $25.7 billion in 2024 from $23.3 billion in 2023, according to a report by the International Air Transport Association ...
Egypt Allocates EGP 100.7 Billion to Manufacturing Industries Sector in FY2023/24
12/10/2023 - The Egyptian government has allocated EGP 100.7 billion in investments for the country's manufacturing industries sector during the current fiscal year (FY) 2023/24, said Minister of Planning and Econ...
Egypt's Annual Core Inflation Decelerates By 2.2 Percent in November
12/10/2023 - Egypt's annual core inflation rate decelerated by 2.2 percent in November, recording 35.9 percent, down from 38.1 percent in October, according to the data released by the Central Bank of Egypt (CBE) ...
Egypt Likely to Receive $20 Bln Financing Over Four Years: Report
12/10/2023 - Egypt is likely to receive $20 billion in loans and investments from the International Monetary Fund (IMF) and other entities over four years, according to a recent report by brokerage firm Cairo Capi...
Egypt Forges Partnership With World Bank to Boost Climate-Smart Agriculture
12/10/2023 - Egypt’s Ministry of International Cooperation formed a partnership with the World Bank to incentivize innovation in climate-smart agriculture (CSA), according to a ministerial statement .

T...
Egypt's Exports Surge 19.4% in 2022, Exceeding $52 Bln: CAPMAS
12/10/2023 - Egypt’s exports increased by 19.4 percent in 2022 to reach $52.1 billion, up from $43.6 billion in 2021, according to the data released by the Central Agency for Public Mobilization and Statistics (CA...
Egypt’s Annual Headline Inflation Cools to 36.4% in November: CAPMAS
12/10/2023 - Egypt’s annual headline inflation decelerated to 36.4 percent in November, down from 38.5 percent a month prior, according to the data released by the Central Agency for Public Mobilization and Statis...
Fouad: Egypt Keen on Encouraging Private Sector Contribution to Renewable Energy Production
12/12/2023 - Environment Minister Yasmine Fouad said Egypt is keen on encouraging the private sector to engage in expanding renewable energy production through offering many incentives in this domain.

S...
PM Hails Outcome of Controlling Markets And Commodity Prices Committee
12/12/2023 - Prime Minister Mostafa Madbouli asserted on Monday the importance of the role of the committee for controlling markets and commodity prices and its outcome and results contributing to supporting the s...
Egypt’s Average Inflation to Decline to 27.4 Percent in 2024: Report
12/12/2023 - Egypt’s average inflation is expected to decline to 27.4 percent in 2024 from 34.1 percent in 2023, according to a report by BMI Research, a subsidiary of Fitch Solutions.

The report based ...
Egypt's Strategic Sugar Reserves Cover 7.8 Months: Supply Minister
12/12/2023 - Egypt’s strategic sugar reserves can cover local consumption needs for nearly 7.8 months, Minister of Supply and Internal Trade Ali Moselhi revealed in a press conference .

Speaking at the ...
Infograph: Egypt Scheduled to Pay $32.8 Bln in Debt Service in 2024
12/12/2023 - Egypt is required to pay $32.79 billion in debt service in 2024, according to data released by the Central Bank of Egypt (CBE).

The annual debt service bill is expected to decline to $19.26...
Food Africa, Pacprocess Exhibitions 2023 Kick Off in Egypt
12/12/2023 - Egyptian Minister of Trade and Industry Ahmed Samir and Minister of Supply and Internal Trade Ali Moselhi opened the Food Africa 2023 and Pacprocess exhibitions, according to a statement .

...
Egypt Likely to Restructure Debt in 2024: Morgan Stanley
12/12/2023 - Egypt is likely to restructure its debt in 2024 to mitigate the burden of debt service payment through 2025.

The restructuring process could be “pre-emptive in nature,” Bloomberg reported, ...
Cabinet Weekly Meeting Reviews Important Files
12/13/2023 - The Egyptian Cabinet convened its weekly meeting under Prime Minister Moustafa Madbouli to discuss an array of political, economic and social files.

The latest developments in the internati...
Egypt's Food Industry Exports Hit Record Highs
12/13/2023 - Egypt's food industry exports reached $4.3 billion in the first ten months of 2023, said Chairman of the Food Export Council (FEC) Hani Barzi .

The figure marks a significant 15 percent inc...
Egypt's Food Exports Surge By 15% in First 10 Months of 2023: Food Export Council
12/13/2023 - Egypt's food exports increased by 15 percent, reaching $4.3 billion during the first 10 months of 2023, up from $3.8 billion in the corresponding period of 2022, Hany Berzy, head of the Food Export Co...
Developing Countries Struggle With Record $443 Bln Debt Pressures: World Bank
12/13/2023 - Developing countries spent a record $443 billion to service external debt in 2022 as global borrowing costs surged, straining budgets and raising the risk of debt crises, according to the World Bank’s...

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.