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Financials and Investment News in Egypt

Egyptian Exports Welcomed Abroad
5/22/2015 - Minister of Trade and Industry Munir Fakhry Abdel-Nour said that the Egyptian products are most welcome abroad, especially in countries that have several bilateral and multi-lateral economic agreement...
Mahlab Witnesses Signing Two Agreements on Housing worth EGP 60 billion
5/22/2015 - Prime Minister Ibrahim Mahlab witnessed on 21/05/2015 the signing of two pacts to activate memorandums of understanding signed with Mountain View and Seiseban companies during Egypt Economic Developme...
Mahlab Meets with Representatives of Huawei, French Company
5/23/2015 - Prime Minister Ibrahim Mahlab met on 22/05/2015 with representatives of the Chinese Huawei company.

Minister of Electricity Mohamed Shaker and Chinese Ambassador to Egypt Song Aiguo attende...
Contract of third Real-Estate Project to be Signed
5/23/2015 - Minister of Housing Mostafa Madbouly said that the third contract of partnerships for the projects reached during Egypt Economic Development Conference (EEDC) At EGP 35 billion investments will be sig...
192 mn cubic meters of Water-Saturated Sand Removed from New Suez Canal
5/26/2015 - A total of 192.683 million cubic meters of water-saturated sand have so far been lifted by 39 dredgers at the new Suez Canal lane project, head of the Suez Canal Authority Mohab Mamish said.

...
Mahlab Chairs Economic Ministerial Committee Meeting
5/26/2015 - The Economic Ministerial Committee held a meeting on 25/5/2015 under Prime Minister Ibrahim Mahlab to discuss important economic files, including the establishment of a sovereign fund to manage State...
Ibrahim Mahlab Chairs Meeting on Road Projects
5/26/2015 - Prime Minister Ibrahim Mahlab chaired a meeting on 25/5/2015 to follow up the implementation of the national project for roads.

The meeting was attended by the housing and transport minist...
Greek Air Force Formation in Cairo for Joint Military Drill
5/30/2015 - A formation of the Greek Air Force arrived in Cairo to take part in a joint military drill.

The drill, named Horus 2015, is meant to stress historical and strategic relations between Egypt ...
Naglaa El-Ahwani Signs Sharm Airport Development Loan Agreement
5/30/2015 - Minister of International Cooperation Naglaa El-Ahwani and the Deputy Chairman of the African Development Bank for Infrastructure and Private Sector signed on 29/05/2015 a loan agreement to finance d...
Egypt Hosts International Telecommunications Regulatory Conference 2016
5/30/2015 - Chairman of the National Telecommunications Regulatory Authority (NTRA) Hisham El-Alayli said that Egypt will host the international conference of telecommunications regulatory authorities, which is s...
Electricity Ministry Launches First Phase of Urgent Plan
5/30/2015 - Minister of Electricity and Renewable Energy Dr. Mohamed Shaker opens on 31/05/2015 the first phase of the urgent plan through adding 1,707 megawatts to the national power grid by operating 18 fixed p...
PM Meets UAE Presidential Adviser
5/30/2015 - Prime Minister Ibrahim Mahlab received visiting Adviser to the UAE President Sheikh Sultan bin Khalifa al Nahyan on 29/05/2015.

The meeting took up a number of agreements that had been sign...
Changing Board of Telecom Egypt Aims at Improving Services to Citizens
5/31/2015 - Minister of Communications and Information Technology Khaled Negm said the main aim behind changing the government representatives in the board of Telecom Egypt is boosting the sector with new experie...
Sisi Discusses Ways to Promote Suez Canal Projects
6/1/2015 - President Abdel Fattah El Sisi held a meeting on 31/5/2015 with Chairman of the Suez Canal Authority Mohab Mamish.

Presidency spokesman Alaa yousef said that President Sisi stressed the i...
Mahlab Chairs Ministerial Meeting on Investment Projects
6/1/2015 - Prime Minister Ibrahim Mahlab chaired on 31/5/2015 a ministerial meeting to discuss a number of investment projects.

Mahlab urged coordination among the bodies concerned to support the sma...
Ibrahim Mahlab Forms Board of NW Gulf of Suez Authority
6/1/2015 - Prime Minister Ibrahim Mahlab issued on 31/5/2015 a decision to form the board of the general authority for the economic zone of northwest of the Gulf of Suez.

The new three-year-tenure boa...
Egypt Domestic Debt Hits EGP 1,924.7 bn
6/2/2015 - Egypt's gross domestic debt reached EGP 1,924.7 billion in December, the Central Bank of Egypt (CBE) said in a report on 1/6/2015.

In Egypt, domestic debt is part of the total debt that is ...
Ashraf Salman Meets with Investment Associations Officials
6/2/2015 - Minister of Investment Ashraf Salman has met with representatives of the Egyptian Capital Market Association, Egyptian Investment Management Association, Egyptian Association for Financing and Investm...
Ibrahim Mahlab Inspects New Road, Public Housing Project in Assiut
6/2/2015 - Prime Minister Ibrahim Mahlab inspected on 1/6/2015 during his visit to Assiut the Assiut-New Assiut road after renovation.

He also inspected the public housing project in New Assiut city t...
Egypt Seeks ’Bold’ Economic Reforms
6/6/2015 - Egypt's Investment Minister Ashraf Salman on 05/06/2015 said that Egypt seeks introducing "bold" economic reforms.

Speaking to the Hungarian-Egyptian business forum, Salman said that the re...

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