Egypt Zones accountACCOUNT

Investment News in Egypt

Arab Trade Ministers Meet in KSA
10/15/2015 - Arab trade ministers met on 14/10/2015 in the Kingdom of Saudi Arabia's capital Riyadh for coordinating the Arab stance in the World Trade Organization (WTO) before the 10th ministerial conference, wh...
Egypt, Canada Discuss Establishing Sky Train between Giza, 6th of October
10/23/2015 - Prime Minister Sherif Ismail met with officials at Canada's technology company Bombardier to discuss a project of sky train to link between Giza governorate and Sixth of October city.

The m...
Egypt Seeks Developing Strong Relations with World Countries
10/24/2015 - Minister of Industry and Trade Tareq Qabil said that redressing trade deficit is a top priority for his ministry in the coming period.

The Minister made the remarks during a meeting with UK...
Egypt to Host 2nd Lebanese-Egyptian Business Forum
11/1/2015 - 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 ...
Alstom to Supply Signalling and Infrastructure for Cairo Metro Line 3
11/9/2015 - Alstom signed today two contracts with Egypt’s National Authority for Tunnels (NAT) to supply a signalling and telecommunications system [1] and infrastructure [2] for the phase 3 of Cairo metro line...
Egypt'sNIB Offers Highest Yield on 5-Year Certificates
11/13/2015 - Egypt's National Investment Bank (NIB) has upped the interest rates on its five-year investment certificates to become the highest yield offered so far among lenders.

The state-owned bank has...
Egypt's SODIC 9-month Net Profit Rises to $27.9 mln
11/15/2015 - Egyptian real estate developer SODIC reported a 9-month net profit of 224 million Egyptian pounds ($27.90 million), up from 99 million in the same period last year, the company said in a statement.
Egypt's Industrial Bank Offers 3-Year Certificate at 12.75%
11/15/2015 - Egypt's Industrial Development & Workers Bank (IDB) becomes the sixth public lender to offer new high-yield saving certificates in an attempt to increase the bank's customers, the bank chairman said.<...
Telecom Egypt Posts 360% Jump in Q3 Net Profit
11/16/2015 - Telecom Egypt, the country's state-owned landline monopoly, posted a 360 percent jump in its third quarter net profit, the company said in a statement .

Telecom Egypt posted a profit of LE...
Egypt Issues 732.2 Mln Euro T-bills at Avg Yield of 2.283 %
11/16/2015 - Egypt's central bank said that it had sold 732.2 million euros in Euro-denominated one-year treasury bills at an average yield of 2.283 percent.

The minimum yield was 2.209 percent and the ...
Vodafone Egypt Investments to Record $1.2 Bln in 2017
11/18/2015 - Vodafone Egypt, will invest LE6 billion ($766.2 million) over the next two years in the local market, raising its total investment above LE10 billion (roughly $1.2 billion) by 2017, Khaled Hegazy, the...
Egypt to Present Projects Worth $2.3 Bln in 2016
11/22/2015 - Egypt will present 12 government projects for international bidding as public-private partnership (PPP) ventures worth a total of up to LE18 billion($2.3 billion) in 2016, according to Atter Hannoura ...
Siemens Reaches Financial Close Agreement for Egypt Power Plant
11/22/2015 - A consortium led by German industrial group Siemens reached the financial close agreement for the combined cycle power plant in Upper Egypt at a value of €2 billion.

The deal, which was ini...
Egypt Issues $1.77 B of 1-year T-Bills at Avg Yield of 2.837%
11/23/2015 - Egypt's central bank said it had sold $1.77 billion in one-year treasury bills at an average yield of 2.837 percent.

Egypt last sold $728.5 million in one-year treasury bills at an auction in...
Pfizer Invests EGP 100m to Add Production Line, Warehouse
11/24/2015 - Pharmaceuticals company Pfizer plans to add a new liquid production line and a warehouse with investments worth EGP 100m in the upcoming months.
br> Chairman Abdel Aziz Shahin said Pfizer Global r...
Saudi Arabia Approves $100 Million Loan to Egypt
11/25/2015 - The Saudi Fund for Development approved a $100 million loan to Egypt in order to finance the expansion of the West Cairo power station to generate an additional 650 megawatt, state news agency MENA ci...
Egypt to Complete East Port Said Side Channel by June 2016
11/25/2015 - Egypt plans to complete a side channel in East Port Said, near the Suez Canal, that would speed up shipping and allow ships direct entry into the port by the end of June 2016, Mohab Memish, head of th...
Egypt: 4.8% increase in industrial production in Q1-2015
11/27/2015 - The Central Agency for Public Mobilization and Statistics (CAPMAS) said that industrial production increased during the first quarter of 2015 by 4.8 percent, hitting EGP 88.3 billion compared to EGP 8...
IFC to Invest in Egypt-based Sphinx Glass
11/30/2015 - The International Finance Corporation (IFC), a member of the World Bank Group, announced that it is investing in a 20 percent equity stake in the Egypt-based Sphinx Glass, to boost the glass manufactu...
Egypt's Banque Misr Closes $250 Mln 3-yr Loan
12/6/2015 - Banque Misr has raised a $250 million loan of three years duration that Egypt's second-largest state lender will use for general funding purposes, the coordinator of the deal said.

The tran...

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.