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Egypt Ecourages Ivestment in Nile Basin Countries
Egypt >> 4/26/2012 - In his statement, Irrigation Minister Hisham Qandeel said on April, 25 2012 that the government has adopt the initiatives to cooperation with Nile Basin countries widely during the coming period. He s...
DAE 2011 Net Income Up 110% to US$ 81.3 Million
United Arab Emirates >> 4/26/2012 - Dubai Aerospace Enterprise (DAE) Ltd. recorded Net Income, excluding non-recurring items, of US$ 81.3 million (AED 298.7 million) for full year 2011, an increase of 110 percent over the Net Income, ex...
Signing Agreements on Employment, Water Projects in Sinai
Egypt >> 4/27/2012 - Prime Minister Kamal el-Ganzouri witnessed on 26/04/2012 the signing of two agreements worth 3.4 million pounds between the Social Fund for Development (SFD) and the governorates of North and South Si...
Egypt, Italy Sign an Agreement on Green Trade Project
Egypt >> 4/27/2012 - Planning and International Cooperation Minister Fayza Abul-Naga and Industry and Foreign Trade Minister Dr. Mahmoud Eissa signed with Italian ambassador in Cairo Claudio Pacifico and UNIDO Program Coo...
Egyptian Economy is Recovering
Egypt >> 4/27/2012 - Minister of Finance Momtaz Saeed affirmed that the Egyptian economy is capable of recovering and regaining confidence locally and internationally in a short period. The crisis of the Egyptian economy ...
10.000 Megawatt to Added to National Grid in Egypt
Egypt >> 4/28/2012 - Minister of Electricity and Energy Dr. Hassan Younis said some 10.000 megawatt will be added to the national grid within the framework of the current five-year plan 2007/2012, thus taking the total ge...
Egypt Porn Ban Would Cost up to $16.5 Million
Egypt >> 4/29/2012 - Blocking pornographic websites will cost Egypt up to LE100 million ($16.5m) to implement and may cause significant slowdown to the country's internet services, according to telecoms and IT experts. A ...
CBE Hard Currency Reserve will Increase
Egypt >> 4/29/2012 - An official of the Central Bank of Egypt (CBE) asserted on 29/4/2012 that the hard currency reserve with the CBE will increase next month by $1.7 billion. Saudi Arabia has transferred one billion doll...
Services Projects in Beheira will be Completed
Egypt >> 4/30/2012 - Prime Minister Dr. Kamal Ganzouri held on 29/4/2012 two meetings at the General Authority for Investment during which he discussed the needs of Beheira's governorate. Planning and International Cooper...
Ganzouri Receives Report on Talks with IMF
Egypt >> 4/30/2012 - Prime Minister Kamal el-Ganzouri held a meeting to discuss the present financial and economic developments in light with negotiations of the governor of the Central Bank of Egypt and communication min...
Qatar to Pump $250 Million into Barclays Resources Fund
Qatar >> 4/30/2012 - A government-backed Qatari firm laid out plans to invest $250 million in a Barclays PLC natural resource investment business, deepening the Gulf nation's bet on raw materials. The Qatar Asset Manageme...
Market Update: Egypt Stocks up 1 pct
Egypt >> 4/30/2012 - Egypt stocks is bouncing back into the green trade, the EGX30 benchmark up 0.9 percent at 4,965 points 90 minutes into the session. The broader EGX70 is also up 0.55 percent. Orascom Construction Indu...
Strengthening Economic Relations between Egypt and Turkey
Egypt >> 4/30/2012 - Huseyin Awni Turkish ambassador in Cairo said that Turkish business people are keen to invest in all areas in Egypt, explained that there are elements of great for strengthening economic relations bet...
Indonesian Ambassador Presents Credentials to UAE
United Arab Emirates >> 5/1/2012 - Undersecretary of the Foreign Ministry Juma Mubarak Al-Junaibi has received the credentials of the new Indonesian ambassador Salman Al-Farsi. Al-Junaibi wished Al-Farsi success in his efforts to bolst...
Five Power Generating Projects for the Private Sector
Egypt >> 5/1/2012 - Minister of Electricity and Energy Dr. Hassan Younis decided to earmark five power generating projects for the private sector to add 6800 Megawatt to the national power grid with EGP 50 billion invest...
11 Million Pounds to Provide Clean Water for Sinai
Egypt >> 5/1/2012 - Minister of Planning and International Cooperation Fayza Abul-Naga has green lighted preparing 14 wells to suffice for the drinking water needs of North Sinai residents. The preparations will cost 11 ...
Galal Saeed: LE 5 bn to Link Sinai with Nile Valley
Egypt >> 5/2/2012 - Transport Minister Galal Saeed said that the government is keen to develop and construct Sinai as an Egyptian strategic target, establishing several land axes to link Sinai with the Nile Valley.
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Egypt’s Stock Market Indices Down in April
Egypt >> 5/2/2012 - Egypt's Stock Exchange lost LE 10 billion during April, driven by the political events in Egypt, topped by the announcement of Muslim Brotherhood leader Khayrat al-Shater and former vice president Oma...
UAE has Become Ideal Platform for Investment Promotion
United Arab Emirates >> 5/2/2012 - The UAE serves as a promotion platform for foreign economies through hosting major international investment promotion conferences, Sheikha Lubna Bint Khalid Al Qasimi, Minister of Foreign Trade, said ...
Egypt Stocks down 0.5 pct
Egypt >> 5/3/2012 - Egypt's major stocks are trading in the red, with the benchmark EGX30 down 0.47 per cent at 4.884.08 points, as no more clashes are reported around the Ministry of Defence headquarter in Abbasiya. The...

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