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Financials and Investment News in Egypt

Egypt Determined to Restore Economic Status in World
2/3/2015 - Egypt's Ambassador in London Nasser Kamel underlined on 2/2/2015 that Cairo is determined to restore its due status on the world economic map as one of the most promising emerging economies.

...
Sisi Reviews General Plan for Suez Canal Development Project
2/4/2015 - President Abdel Fattah Al-Sisi held on 2/2/2015 a meeting to review the main guidelines of the general plan for the Suez Canal region development project.

In a press release, presidential s...
Economic Conference "Crucial Point" in Egypt’s Economic Course
2/6/2015 - Prime Minister Ibrahim Mahlab said on 05/02/2015 that the planned Sharm El-Sheikh economic conference will be a crucial point in Egypt's economic course.

"The conference will see great part...
Ibrahim Mahlab Meets MasterCard CEO
2/6/2015 - Prime Minister Ibrahim Mahlab met with President of MasterCard Ajaypal Singh Banga on 05/02/2015 in the presence of Communications Minister Atef Helmy.

Mahlab said that Egypt is looking for...
Egyptian Industry Ministry Adopts Plan to Develop Exhibitions System
2/6/2015 - The Trade and Industry Ministry adopts an ambitious plan to develop the exhibitions system, which is considered an important industry for all countries, said Industry Minister Mounir Fakhry Abdel Nour...
Final Version of Investment Bill Reviewed
2/6/2015 - Minister of Transitional Justice and House of Representatives' Affairs Ibrahim El-Heneidi has said that a final version of an investment bill has been reviewed.

In statements to reporters, ...
Foreign Exchange Reserves up by USD 97 million in January
2/6/2015 - The volume of foreign exchange reserves has increased by USD 97 million to USD 15.429 billion at the end of January 2015, the Central Bank of Egypt (CBE) said in a statement.

The forex hit ...
Economic Conference to Market Egypt’s Image Abroad
2/7/2015 - Chairman of the General Authority for Investment (GAFI) Hassan Fahmi said that the authority has an update to all investment opportunities available in the Egyptian governorates until February 03, 201...
Egypt, Romania Discuss Bilateral Ties
2/7/2015 - On the sidelines of his participation in Munich Security Conference in Berlin, Foreign Minister Sameh Shoukry met with his Romanian counterpart Bogdan Aurescu.

Talks dealt with means of boo...
Housing Minister Presents to PM Teport on New Egypt
2/8/2015 - Housing Minister Moustafa Madbouli on 7/2/2015 presented to Prime Minister Ibrahim Mahlab a report about the ongoing preparations for a conference on developing Egypt.

The conference will b...
Shoukry, Belarusian Counterpart Probe Joint Ties
2/8/2015 - Egyptian Foreign Minister Sameh Shoukry met with his Belarusian counterpart Vladimir Makei on the sidelines of Munich Security Conference.

The two sides discussed means of promoting relatio...
Egypt, UAE Discuss Regional Developments
2/8/2015 - Egypt's Foreign Minister Sameh Shoukry held a session of talks on 7/2/2015 with UAE Foreign Minister Sheikh Abdullah bin Zayed on the sidelines of Munich Security Conference.

Egyptian Forei...
Mamish: 86% of Dry Digging in New Suez Canal Completed
2/8/2015 - Chairman of the Suez Canal Authority Mohab Mamish said that 86% of dry digging in the new canal has been completed, explaining that there is no influence on navigation at the Suez Canal.

Ma...
Sisi Meets with Electricity Minister
2/9/2015 - President Abdel Fattah El Sisi on 8/2/2015 met with Minister of Electricity and Renewable Energy Mohamed Shaker.

Shaker briefed the president on a number of projects aiming at developing th...
Sameh Shoukry Discusses Boosting Cooperation between Egypt, UN
2/9/2015 - Foreign Minister Sameh Shoukry met on 8/2/2015 with UN Deputy Secretary General Jan Eliasson for talks on boosting cooperation between Egypt and the UN, Foreign Ministry Spokesman Badr Abdel Aati sai...
Sisi, Putin Hold Talks on Boosting
2/11/2015 - President Abdel Fattah Al Sisi had talks on 10/2/2015 with visiting Russian counterpart Vladimir Putin on ways of boosting cooperation in various fields and expanding coordination regarding regional a...
Final Version of Investment Law Discussed
2/11/2015 - Minister Transitional Justice and Parliamentary Affairs Ibrahim Heneidi said Minister of Investment Ashraf Salman will be invited to attend the coming meeting of the Higher Committee for Legislative R...
Italian Economic Delegation to Partake in Economic Conference
2/11/2015 - Italian ambassador to Cairo Maurizio Massari said that a big Italian economic delegation will arrive in Cairo late this month to prepare for partaking in the economic conference that would be held in ...
Putin’s Visit Affirms Strength of Egyptian-Russian Relations
2/11/2015 - President Abdel Fattah Al-Sisi said, during his press conference with Russian President Vladimir Putin, they attended the ceremony of signing memos of understanding to establish a nuclear zone in Daba...
14 Investment Disputes Settled…France to Participate in Economic Conference
2/13/2015 - Investment Minister Ashraf Salman said that the Egyptian government is working on raising the growth rate to 4% in the current FY.

During his inauguration of a production line of a factory ...

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