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Financials and Investment News in Egypt

Esmat, Pakistani Business Delegation Review Investment Opportunities
1/13/2024 - Minister of Public Enterprise Sector Mahmoud Esmat had talks with a delegation of Pakistani investors on a number of cooperation files and available investment opportunities.

The meeting wa...
Egypt, Morocco Discuss Boosting Economic Cooperation
1/13/2024 - Trade and Industry Minister Ahmed Samir had talks with his Moroccan counterpart Ryad Mezzour on the fringe of their participation in the fourth meeting of the higher committee of integrated industrial...
Dlrs19 Mln In 2 Grants from Switzerland for Water Management Program in Upper Egypt
1/13/2024 - The Ministry of International Cooperation has announced signing of two grants worth 19 million dollars with the Swiss side that the Ministry of Housing would use in implementing the second phase of th...
Trade Minister Probes Boosting Cooperation With Officials in Bahrain
1/13/2024 - Minister of Trade and Industry Ahmed Samir discussed ways and mechanisms for boosting cooperation with a number of officials and representatives of business community in Bahrain, according to a statem...
Egyptian Government to Introduce Improved Social Protection Package: Minister
1/13/2024 - The Egyptian government is preparing to introduce a social protection package that encompasses various improvements, including wage and pension adjustments and an increase in the tax exemption thresho...
China's CSCE Begins Delivery of Towers in Egyptian New Capital's Central Business District
1/14/2024 - Prime Minister Mostafa Madbouli attended the ceremony held to celebrate the delivery of the first three towers - out of 20 - at the New Administrative Capital’s Central Business District (CBD) and tha...
Egypt's IPO Programme Attracted $3.5 Billion So Far: Finance Minister
1/14/2024 - Egypt's Initial Public Offering (IPO) programme, which commenced in February 2023, has attracted $3.5 billion in investments so far, Minister of Finance Mohamed Maait said .

Speaking at the...
New Boom Witnessed in New Egyptian State – Minister
1/14/2024 - Egyptian Housing Minister Essam el-Gazzar said on Sunday a new boom is now being witnessed in the new Egyptian State, stressing that fruits of what was achieved over the past period will be reaped wit...
Int’l Coop. Min. Al-Mashat Holds Discussion Session With Vice President Of NDB Bank
1/14/2024 - The Minister of International Cooperation and Alternate Governor of Egypt at the New Development Bank (NDB), Rania Al-Mashat, held a discussion session with the Vice President of the NDB, Vladimir Kaz...
China's CSCE Begins Delivery of Towers in Egyptian New Capital's Central Business District
1/14/2024 - Prime Minister Mostafa Madbouli attended the ceremony held to celebrate the delivery of the first three towers - out of 20 - at the New Administrative Capital’s Central Business District (CBD) and tha...
Beltone Evolve Holding Launch New Gold Investment Fund
1/14/2024 - Beltone Financial Holding’s subsidiary Beltone Asset Management has announced the launch of a new gold investment fund in collaboration with investment company Evolve Holding, read a statement on the ...
PM: Financing NAC 'Outside' of State Budget, Profits Surpassed EGP 20 Bln
1/14/2024 - Prime Minister Moustafa Madbouli said that financing the New Administrative Capital (NAC) is outside the State budget, adding that it was established through the mega real estate development companies...
New Boom Witnessed in New Egyptian State
1/14/2024 - Housing Minister Essam el Gazzar said a new boom is now being witnessed in the new Egyptian State, stressing that fruits of what was achieved over the past period will be reaped within the coming sta...
Nuweiba Port Reopened After Weather Improved
1/14/2024 - Nuweiba port in South Sinai governorate reopened after an improvement in weather conditions, said the media center of the Red Sea Ports Authority.

Maritime and navigation activities were re...
Infograph: Egypt's Short-Term External Debt Hits All-Time-High in Q1 FY2023/2024
1/14/2024 - Egypt’s short-term external debt reached an all-time high at around $30.27 billion in the first quarter of the fiscal year (FY)2023/2024 – July/September – up from $28.15 billion in the previous quart...
Beltone, Evolve Holding Launch New Gold Investment Fund
1/14/2024 - Beltone Financial Holding’s subsidiary Beltone Asset Management has announced the launch of a new gold investment fund in collaboration with investment company Evolve Holding, read a statement on the ...
PM: NAC Creates Thousands of Job Opportunities for Youth
1/15/2024 - Egypt’s Prime Minister Moustafa Madbouli said that tens of thousands of job opportunities will be created for Egyptian youth after operating the Central Business District of the New Administrative Ca...
Emigration Minister: We Are Keen on Supporting Expatriates’ Investments
1/15/2024 - Egyptian Minister of State for Emigration and Egyptian Expatriates’ affairs Soha Gendi has expressed her keenness on supporting the investments of the Egyptian expatriates in Egypt and provide additio...
Trade Minister: Egypt Largest Cement Producer in Africa
1/15/2024 - Minister of Trade and Industry Ahmed Samir asserted the cement sector is one of the most important, key industrial sectors in national economy.

This vital sector is mainly contributing to p...
Will Halting of Egypt's Abu Qurqas Factory Production Lead to Resurgence in Sugar Prices?
1/15/2024 - The historic Abu Qurqas Sugar Factory decided to halt cane sugar production after 155 years, due to a sharp reduction in sugar cane supply to the factory, Issam El-Din El-Badawi, head of the Egyptian ...

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