Egypt Zones accountACCOUNT

Financials and Investment News in Egypt

Egypt’s Bourse Indices Record EGP 3.6b in Highest Ever Gains Since 6 years
8/1/2014 - Egypt's bourse indices recorded collective gains at the end of Thursday's trading, amid intensive purchases by foreign investors.

The market capital gained about 3.6 billion pounds to reach...
Campaign in Europe to Promote Tourism
8/3/2014 - Tourism Ministry Undersecretary Ahmed Shoukry said that Egypt is launching a promotional campaign mid-August until the end of December in six European countries to attract tourists.

The co...
Main Stock Index Falls by 0.27%
8/4/2014 - Stock indices fell due to profit earnings by corporations in the housing sector, while the shipping and textile sectors were active.

The market capitalization lost LE2.6 billion to close a...
Egypt Changes Food Oil Import System, Payments Delayed
8/6/2014 - Under the old system, FIHC and another commodity purchasing enterprise, Meditrade, would announce import tenders on behalf of GASC which would ultimately issue letters of credit to suppliers.

...
Stock Market Makes Collective Gains Wednesday
8/6/2014 - Egyptian stock indexes rose collectively during Wednesday’s trading session, supported by purchases from corporations and foreign investment funds.

Market capitalization earned LE400 milli...
Egypt on Verge of Humanitarian Crisis
8/7/2014 - A British energy expert has warned that Egypt is facing a humanitarian crisis that is fueled by energy problems.

In an article published in the Financial Times on Sunday, former chairman o...
Egyptian-Nigerian Business Council for Promoting Intra Trade
8/8/2014 - Egypt and Nigeria agreed on forming a joint business council for developing commercial and investment relations between the two countries, especially that Nigeria has big investments in the Egyptian m...
Mahlab Vows to Fight Corruption in Supply of Basic Commodities
8/10/2014 - Prime Minister Ibraim Mahlab has discussed with Supply Minister Khaled Hanafi the availability of basic commodities, the new smart card system for bread distribution and developing the State-owned sup...
Sisi Meets Cabinet over National Projects
8/12/2014 - President Abdel Fattah al-Sisi discussed a number of national projects during a meeting with Prime Minister Ibrahim Mahlab and other Cabinet ministers.

During the meeting that grouped the m...
Egyptian Army Invites Companies to Join Digging Works of New Suez Canal
8/13/2014 - Head of the Egyptian Armed Forces Engineering Authority Maj. Gen. Kamel el-Wazeer invited on 12/8/2014 contracting companies to join works at the Suez Canal Development mega project.

Any co...
Mostafa Madboly: NUCA Budget Doubled
8/16/2014 - Housing Minister Mostafa Madboly said on 15/08/2014 that the budget dedicated to the development plan of the New Urban Communities Authority (NUCA) will be increased from EGP 7.3 to EGP 14 billion.
Egyptian-American Cooperation in Environment, Renewable Energy
8/20/2014 - Environment Minister Khaled Fahmy met on 19/8/2014 with US Chargé d'Affaires to Egypt David Ranz to discuss prospects of cooperation in the field of ecology and environment protection.

The ...
Mahlab inspects Suez Canal Development Project
8/20/2014 - Prime Minister Ibrahim Mahlab on 19/8/2014 made an inspection visit to the digging site of the new Suez Canal Development Project.

The PM was accompanied by Chairman of the Suez Canal Autho...
Ibrahim Mahlab Visits New el-Alamein City
8/24/2014 - Prime Minister Ibrahim Mahlab, accompanied by Housing Minister Moustafa Madbouly, visited on 23/8/2014 the new el-Alamein city and the new Marina area.

During a visit to the north coast, Ma...
New Bread Distribution Method to be Applied Nationwide in Egypt
8/24/2014 - Supply and Internal Trade Minister Khaled Hanafi stressed on 24/8/2014 that the new subsidized-bread distribution mechanism, now applicable in Cairo and Canal governorates, will come into force across...
1st Day of Ethiopia’s Renaissance Dam Talks ’Satisfactory’
8/26/2014 - Irrigation Minister Hossam Moghazi expressed his content over the first day of the fourth round of tripartite talks on Ethiopia's Renaissance Dam.

In a press release on 25/8/2014, he said t...
66 Vessels Transited Suez Canal Carrying 3.4m Tons
8/30/2014 - Head of the Suez Canal Authority (SCA) Mohab Mamish said that cargo weights that passed through the Suez Canal on 30/08/2014 hit a record of over three million tons.

Sixty-six vessels tran...
Egypt, Mali Ink MoU in Electricity, Energy Fields
8/30/2014 - Minister of Electricity and Renewable Energy Mohamed Shaker inked a memorandum of understanding with his Malian counterpart Mamadou Keita on boosting cooperation in the fields of electricity and energ...
Giant Projects for Wheat Storage to be Launched
8/30/2014 - Minister of Supply and Internal Trade Khaled Hanafi and his accompanying delegation returned home coming from the US after a five-day tour where agreements were reached to implement major investment p...
Number of Tourists Fell by 20.5% in June 2014
8/31/2014 - The number of tourists coming from different countries fell back by 20.5 percent to reach 786,000 tourists in June 2014 compared to 989,000 tourists in June 2013.

The Central Agency for Pu...

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.