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Financials and Investment News in Egypt

Egypt, Yemen Sign Cooperation Agreements
7/13/2015 - Prime Minister Ibrahim Mahlab and Yemeni Vice President and Premier Khaled Bahah attended on 12/7/2015 the signing ceremony of several cooperation agreements.

The agreements were signed at ...
Saudi Royal Diwan Adviser Arrives in Cairo
7/15/2015 - Saudi Royal Diwan Adviser Yasser Othman arrived in Cairo on 14/7/2015 to meet with a number of Egyptian officials.

Investment Minister Ashraf Salman welcomed Othman at the airport.
PM Visits Ismailia, Meets Mamish
7/15/2015 - Prime Minister Ibrahim Mahlab visited the city of Ismailia on 14/7/2015.

Mahlab met with chairman of the Suez Canal Authority (SCA) Mohab Mamish to follow up preparations for the inaugurati...
Bourse Gains EGP 12.5 billion in Week
7/18/2015 - The Egyptian Exchange closed this week with gains amounting to EGP 12.5 billion.

The capital market rose to EGP 486.5 billion, 2.6 percent more than the week before.

During the c...
Supply Minister, EBRD Head Review Boosting Internal Trade
7/18/2015 - Supply and Internal Trade Minister Khaled Hanafy discussed with Managing Director for Infrastructure at the European Bank for Reconstruction and Development (EBRD) Thomas Maier and Regional Director P...
Trade Exchange Volume between Egypt, Algeria up 11.2%
7/18/2015 - Egypt's Trade Minister Plenipotentiary to Algeria Mohamed Sherif Fathy said that the volume of trade exchange between Egypt and Algeria increased by 11.2% during the period from January to May 2015.
Mahlab’s Visit to Italy ’Opportunity’ to Promote Economic Cooperation
7/20/2015 - Prime Minister Ibrahim Mahlab's visit to Italy, which will start on 22/7/2015, will be an opportunity to promote joint economic and commercial cooperation between the two countries, affirmed Trade and...
80 Buoys Installed in New Suez Canal
7/21/2015 - As many as 80 out of 127 buoys were fixed in the new Suez Canal Project area, as there are 16 days till the project is launched, said Deputy Director of Suez Canal Dredging Project Ahmad Farid on 20/7...
Three New Petroleum Discoveries in Gulf of Suez, Eastern and Western Desert
7/24/2015 - Minister of Petroleum and Mineral Resources Eng. Sherif Ismael stressed importance of continuing development of the modern technological methods, adoption of unconventional ideas and expansion in impl...
India Keen on Increasing Investments in Egypt
7/24/2015 - The Indian Ambassador in Cairo Sanjay Bhattacharyya announced that the volume of trade between the his country and Egypt reached five billion dollars annually.

There are 50 Indian companies...
First Locally-Produced Air-Conditioned Train to be Operated with Inauguration of New Suez Canal
7/24/2015 - Head of Egypt Railways Authority Eng. Ahmad Hamed paid a visit to SEMAF railway factory of the Arab Organization for Industrialization (AOI).

The visit came to mark finalizing the manufactu...
Egypt, Sudan Agree to Activate Joint Agricultural, Water Projects
7/26/2015 - Egypt and Sudan have agreed to activate agricultural and water integration projects. The remark was made during a visit made on Saturday by Minister of Agricultural and Land Reclamation Salah Helal an...
Russian Delegation in Egypt to Choose Location of Industrial Zone
7/28/2015 - A Russian delegation from the Industry and Trade Ministry started a four-day visit of Egypt to choose the location of a Russian industrial zone, planned to be built in Egypt, Industry Minister Mounir ...
Final Works of New Suez Canal to Complete
7/28/2015 - Chairman of the Suez Canal Authority Mohab Mamish said that the final works in the bottom of the New Suez Canal project will be completed within hours. The remaining work will be completed within 72 h...
Egyptian, Sudanese Ministers Vow to Follow up Plans for Integration Projects
7/29/2015 - Agriculture Minister Salah Helal and his Sudanese counterpart Ibrahim Adam vowed to follow up plans and executive programs of the projects of the Egyptian-Sudanese Agricultural Integration Company in ...
Russian Delegation Visits Egypt to Choose Location of Industrial Zone
7/29/2015 - A Russian delegation from the Industry and Trade Ministry started a four-day visit of Egypt to choose the location of a Russian industrial zone, planned to be built in Egypt soon, Industry Minister Mo...
New Suez Canal to Reduce Oil Prices
7/29/2015 - Special Envoy and Coordinator for International Energy Affairs leading the Bureau of Energy Resources (ENR) at the US Department of State Amos J. Hochstein underlined the importance of the New Suez Ca...
Petroleum Ministry to Secure Butane Gas during Winter
7/29/2015 - The Petroleum Ministry is working on an integrated program to secure fuel supplies to the local market and improve services offered to citizens.

Minister of Petroleum Sherif Ismail said the...
Egyptian, Sudanese Ministers Vow to Follow up Plans for Integration Projects
7/29/2015 - Egyptian Agriculture Minister Salah Helal and his Sudanese counterpart Ibrahim Adam vowed to follow up plans and executive programs of the projects of the Egyptian-Sudanese Agricultural Integration Co...
Ibrahim Mahlab Receives Delegation of International Chamber of Shipping
7/31/2015 - A delegation from the International Chamber of Shipping (ICS) on 30/07/2015 hailed the Egyptian New Suez Canal project as a message to the whole world that 'Egypt is stable and safe'.

The d...

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