Egypt Zones accountACCOUNT

Financials and Investment News in Egypt

Public Revenues up 34.5% in Two Months
10/23/2015 - Government revenues have risen 34.5% in July and August, the first two months of the new fiscal year, compared to last year.

The revenues increased by EGP 11.9 billion in the two months to ...
First Well Operated with Solar Energy Opened in Toshka
10/23/2015 - Water Resources and Irrigation Minister Hossam Moghazi gave the green light to use solar energy in operating groundwater wells.

The first state-owned well, operated by remotely-controlled s...
Egypt, Sudan Approve Opening Arjin Crossing
10/23/2015 - The Egyptian-Sudanese joint committee assigned to follow up operations at border crossing approved opening Arjin crossing, which will link the land road extending from Alexandria to Cape Town in South...
Egypt to Become Regional Center of Energy
10/25/2015 - Minister of Petroleum and Mineral Resources Tareq el Molla said on 24/10/2015 Egypt will be a regional center for energy of oil and natural gas.

At a press conference, the minister added t...
Egypt, Russia Sign Cooperation Deals in Customs Field
10/25/2015 - The Egyptian Customs Authority and its Russian counterpart signed on 24/10/2015 one cooperation agreement and two protocols.

Under the deals, the two sides will seek mutual administrative a...
Sisi Discusses Developing Transport System in Egypt
10/25/2015 - President Abdel Fattah El Sisi met on 24/10/2015 the Transport Minister Saad el Gioushi and head of the Arab Organization for Industrialization Abdel Aziz Seif.

Presidential Spokesman Alaa...
Sisi: State Pays Attention to Fishing Farming Projects
10/25/2015 - President Abdel Fattah El Sisi on 24/10/2015 stressed that the State pays great attention to fish farming projects to increase fish production in an effort meet the citizens' needs of food and provide...
UK Ideal Partner for Egypt, Arab States in Technology Transfer
10/28/2015 - British Ambassador in Cairo John Casson said on 27/10/2015 his country is an ideal partner for Egypt and other Arab countries to reach technological and scientific progress in the 21st century.
62 Vessels Transit Suez Canal
10/28/2015 - As many as 62 ships transited the Suez Canal in both directions on 27/10/2015 carrying a total cargo of 3.123 million tons.

The south-bound convoy included 32 vessels, while the north-bound...
Egypt to Host Second Lebanese-Egyptian Business Forum
10/31/2015 - Lebanese investments in Egypt amount to USD 4 billion, said Egypt's ambassador in Beirut Mohamed Badr.

In press statements, the ambassador said Egypt will host the second Lebanese-Egyptian ...
Sisi Approves Largest Complex for Phosphate Fertilizers
11/2/2015 - President Abdel Fattah El-Sisi approved on 1/11/2015 the establishment of the largest complex for phosphate and compound fertilizers in Ain Sokhna to meet the needs of local market and to export surpl...
Egypt Bourse Closes with Collective Gains
11/3/2015 - The Egyptian Exchange (EGX) indices closed on 2/11/2015 up backed by purchases by institutions and Arab and foreign investment funds.

The market capital achieved gains worth about 600 milli...
EU Allocates €68 mn Grant for Egypt Gas Connection
11/3/2015 - The European Union (EU) has allocated a €68 Million Grant contribution to the Egypt Gas Connection Project.

The plan is meant to "address key priorities in Egypt's energy sector and boost i...
New Measures to Curb Imports, Protect Domestic Industry
11/3/2015 - The Economic Ministerial Group under Prime Minister Sherif Ismail reviewed in its meeting on 2/11/2015 a number of measures taken by the Finance Ministry to curb imports and protect the local industry...
Egypt’s Economic, Fiscal Conditions Improving
11/4/2015 - Moody's Credit Ratings said Egypt's economic and fiscal conditions are improving, but large financing needs form key weakness.

Reforms have sparked improvements in Egypt's (B3 stable) publ...
Conference on Investment, Logistics, Industry Kicks off in Cairo
11/4/2015 - Cairo will host more than 1,000 business figures from Arab and foreign countries in a conference on economy and investment that planned to be held on November 7-10. Head of the Federation of Egyptian...
Ashraf el Araby Probes Sustainable Development Strategy with FEI
11/4/2015 - Planning Minister Ashraf el Araby probed Egypt's sustainable development strategy 2030 at a meeting with the Federation of Egyptian Industries.

The meeting came as part of a social dialogue...
Egyptian Economic Ministerial Group Discusses Increasing State Resources
11/10/2015 - The economic ministerial group, led by Prime Minister Sherif Ismail, held on 9/11/2015 a meeting to discuss a number of important economic issues including spending on infrastructure like agricultural...
55 Ships Transit Suez Canal
11/10/2015 - As many as 55 ships transited the Suez Canal in both directions on 9/11/2015, carrying a total cargo of 2.7 million tons.

The south-bound convoy included 26 vessels, carrying 1.576 million ...
Egypt's Central Bank Keeps Pound at 7.7301 Per Dollar
11/15/2015 - Egypt's central bank kept the pound steady at LE7.7301 to the dollar at its official foreign currency auction , a foreign exchange trader said, less than a week after it surprised the market by streng...

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.