Egypt Zones accountACCOUNT

Financials and Investment News

Ministerial Meeting of Egyptian-Dutch Consultative Council on Water Kicks off
Egypt >> 4/17/2019 - The ministerial meeting of the Egyptian-Dutch Consultative Council on Water kicked off here 17/4/2019 under the chairmanship of Minister of Water Resources and Irrigation Mohamed Abdel Aati and Dutch ...
Khurafi Group Seeks Increasing Its Investments in Egypt
Egypt >> 4/17/2019 - Chief Executive Officer of the Kuwaiti Khurafi consortium and Zein Telecom Badr Al Khurafi said that his group is very much interested in doing business in Egypt.

At a meeting with Prime Mini...
Leading Female Entrepreneurs in MENA Speak of Purpose-Driven Businesses, Challenges in Dubai Panel
Egypt >> 4/17/2019 - Leading female entrepreneurs operating in the Middle East spoke of their purpose-driven businesses in the region, exchanging insights into evolving technology, during a panel held on the sidelines of ...
Moody's Upgrades Egypt's Rating To B2, Expects More Economic Growth
Egypt >> 4/18/2019 - Rating agency Moody’s has upgraded Egypt’s sovereign rating, saying ongoing economic reforms will help improve its fiscal position and boost economic growth.

Moody’s upgraded the long-term fo...
Moody's Upgrades Egypt's Rating To B2, Expects More Economic Growth
Egypt >> 4/18/2019 - Moody's Investors Service has upgraded the long-term foreign and local currency issuer ratings of the Government of Egypt to B2 from B3.

The outlook was changed to stable from positive, Moody...
Nassar, Estonian Official Confer On Cooperation Opportunities
Egypt >> 4/19/2019 - Minister of Trade and Industry Amr Nassar asserted during a meeting with Estonian Deputy Secretary General for Economic Development of the Ministry of Economic Affairs and Communications Viljar Lubi t...
Finance Minister: Egypt's Rating Upgrade Testifies To Success of Egyptian Reforms
Egypt >> 4/19/2019 - Finance Minister Mohamed Maait said upgrading Egypt's long-term foreign and local currency issuer ratings from B3 to B2 testifies again to the success of the economic reforms carried out by the Egypt...
Mamish: Suez Canal’s Revenues Reach All-Time High In 2018
Egypt >> 4/19/2019 - Chairman of the Suez Canal Economic Zone (SCZone) Mohab Mamish said the international waterway achieved an all-time high in revenues in 2018.

Receiving a diplomatic delegation grouping ambas...
Transport Min, Cypriot Amb. Mull Cooperation in Maritime Transport
Egypt >> 4/19/2019 - Minister of Transport Kamel El Wazir discussed with Cypriot ambassador to Cairo Kharis Moritzis means to cement cooperation between Egypt and Cyprus in the field of maritime transport.

They...
UAE Is the Major Trade Partner to Vietnam in MENA
United Arab Emirates >> 4/19/2019 - The UAE is the major trade partner to Vietnam in the Middle East and North Africa while Vietnam is the key trade partner to the UAE in the South East Asia, with two-way non-oil trade reaching US$10.4 ...
Egypt's Economy: Reining In Inflation
Egypt >> 4/19/2019 - Inflation has been on the rise in Egypt over recent years, attributable to the floatation of the Egyptian pound in late 2016 as well as energy subsidy cuts.

The floatation caused the pound to...
Egypt's Economy: The Road Ahead
Egypt >> 4/19/2019 - Over the past couple of years, the annual meetings of the International Monetary Fund (IMF) and World Bank in Washington have been the occasions for much lauding of Egyptian economic policy-makers. T...
Egypt's Banque Du Caire Eyeing Sale of 20-30 Pct Stake for $300-400 Mln
Egypt >> 4/19/2019 - The head of Egypt’s Banque du Caire said the bank was aiming to raise $300-400 million by selling a 20-30 percent stake by the end of 2019.

Chairman and Chief Executive Tarek Fayed told repo...
Egypt's Finance Ministry Auctions T-Bills worth EGP 18.5bn
Egypt >> 4/19/2019 -  The Finance Ministry auctioned treasury bills at a total value of EGP 18.5 billion.

In an online statement, the ministry said it sold 182-day T-bills worth EGP 9 billion with an average y...
Saudi-Tunisian Relations are Witnessing Remarkable Developments at All Levels
Saudi Arabia >> 4/21/2019 -  Minister of Commerce and Investment Dr. Majid bin Abdullah Al-Qasabi has affirmed that relations between the Kingdom of Saudi Arabia and the Republic of Tunisia are deep-rooted, as the two countries ...
Saudi-Tunisian Relations are Witnessing Remarkable Developments at All Levels
Saudi Arabia >> 4/21/2019 - Minister of Commerce and Investment Dr. Majid bin Abdullah Al-Qasabi has affirmed that relations between the Kingdom of Saudi Arabia and the Republic of Tunisia are deep-rooted, as the two countries l...
PM, Huawei Official Discuss Boosting Investments in Egypt
Egypt >> 4/21/2019 - Egypt is seeking to benefit from the development experiment in China, particularly in the field of technology, Moustafa Madbouli has said.

The Prime Minister, in a meeting with Chairman of ...
Egypt Considers Establishing Freight, Maritime Transport Company with Africa
Egypt >> 4/21/2019 - Prime Minister Moustafa Madbouli directed officials to make a full vision for establishing a national company for freight and maritime transport aimed at boosting trading links with Africa.

...
Abu Dhabi Islamic Bank Revenues for Q1 2019 Increase By 5.3%
United Arab Emirates >> 4/22/2019 - Abu Dhabi Islamic Bank (ADIB) reported a net profit growth of 1.7% for Q1 2019 to AED 600.3 million. Revenues increased by 5.3% to AED 1,436.6 million driven by growth in customer financing of 2.8% to...
26.5% Growth in Net Profit for Q1 2019: Union Coop
United Arab Emirates >> 4/22/2019 -  Union Coop has reported a 26.5 percent increase in net profit for the first quarter of 2019, compared to the same period the previous year, with an increase of AED28.8 million.

The first qua...

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.