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Settling Several Egyptian Tourism Companies' Contracts
Egypt >> 5/3/2012 - The Minister of Tourism, Mounir Fakhry Abdel Nour, stated that the cabinet of ministers approved several settlements with investors to regain the state right in allocating some lands for Egyptian inve...
Joint Industrial Zone between Egypt & Sudan
Egypt >> 5/3/2012 - Dr. Walid Abdel Rahman, chief financial officer of the National Pension Fund, Sudan, asked for the establishment of an industrial area, "Egyptian-Sudanese" joint border between the two countries, cont...
Egypt's C.Bank Keeps Key Interest Rates Steady
Egypt >> 5/4/2012 - Egypt's central bank kept its benchmark overnight deposit and lending rates steady, warning that although economic growth was feeble, there was a risk that inflation might accelerate. The bank's Monet...
EGP 30 Billion Investments after Electing the President
Egypt >> 5/4/2012 - Major General Ismail Al Nagdi, the Head of the Industrial Development Authority (IDA) uncovered Arab and Egyptian offers to make investments in the cement field. Investments are estimated at EGP 25 bi...
Arab Purchases Lead Stock Exchange up
Egypt >> 5/4/2012 - Purchases by Egyptian and Arab investors of selective indexes in the housing, financial services and communication fields have led the Egyptian Stock Exchange to close up on Thursday, making up for lo...
EFG and Qinvest to Create Regional Investment Bank
Egypt >> 5/5/2012 - Egypt's EFG Hermes said it had sealed an agreement first announced in March to form a region-wide investment bank with Qatar's Qinvest. Qinvest will control 60 percent of the new bank, which will be c...
Increase of Qatari Investments in the Egyptian Market
Egypt >> 5/5/2012 - Dr Adel Rhouma, General Secretary of the Egyptian- Qatari Business Council, noted to the direction of Qatari investments to the Egyptian market in recent times to become one of the first countries tha...
Gideon Opened the First Phase of Micro Insurance Project in Egypt
Egypt >> 5/6/2012 - “Gideon” Dutch Consulting Company opened the first phase of the project "micro insurance in Egypt," in the framework of the overall financing system in Egypt, the Swiss government participates in fina...
Egypt's Juhayna Sees 14 pct Drop in Q1 Net Profits
Egypt >> 5/6/2012 - Leading Egyptian dairy producer Juhayna Food Industries saw its net profits for the first quarter of 2012 drop 14 per cent to LE43 million ($7.1m), the firm announced at the weekend. The dairy product...
ESE Gains Profits of EGP 3 bn
Egypt >> 5/7/2012 - Egyptian Stock Exchange has shrugged off concerns over the weekend's fatal violence in Cairo to close in the green, the benchmark EGX30 edging up 0.9 per cent to 3794 points by the end of Sunday's ses...
Egypt Offers Technical Support to Sudan
Egypt >> 5/7/2012 - Supply and Internal Trade Minister Gouda Abdul-Khaleq on 6/5/2012 said Egypt is keen to offer technical support to Sudan in the fields of supply and internal trade. The minister pointed out that the t...
Bilateral Agreements between UAE and South Korea
United Arab Emirates >> 5/7/2012 - The third meeting of UAE-South Korea joint economic committee concluded in the UAE capital Abu Dhabi today with a call to activate all the bilateral agreements between them. The meeting, co-chaired by...
Egypt PM to Fulfill Matrouh Needs
Egypt >> 5/8/2012 - Prime Minister Kamal el- Ganzouri responded to most of the requests submitted by MPs on behalf of Marsa Matrouh governorate during a meeting on 7/5/2012. Ganzouri decided to allocate EGP 581 million t...
ESE Edged up 1.1 Percent
Egypt >> 5/8/2012 - The Egyptian Stock Exchange has continued its upward trend on 7/5/2012 to close in the green, backed by purchases by investors, individuals and Arab investment funds and institutions. Optimism over a ...
Mahmoud Eissa Solves Investment Problems
Egypt >> 5/8/2012 - The Ministry of Industry and Foreign Trade announced that the complaints committee had solved most of the problems facing investors in the industry and trade fields. In statements on 7/5/2012, Ministe...
MOU to Fund Cairo-Banha Road Project
Egypt >> 5/8/2012 - The Transport Ministry signed on 7/5/2012 with the National Bank of Egypt (NBE) a memo of understanding to finance the Cairo-Banha Freeway Project that will be built by international standards at an e...
Leather Exports were Put at L.E. 300 Million
Egypt >> 5/8/2012 - Leather exports during the first four months of 2011 were put at L.E. 300 million marking 25% decline below their level during the same period of 2011. This was reported in the media quoting Mr. Hesha...
Suez Canal's Revenue decreased to $433.1 Million in April
Egypt >> 5/9/2012 - Revenue from Egypt's Suez Canal fell 0.3 per cent in the year to April, the Egyptian Information Portal showed. Revenue decreased to $433.1 million in April from $434.6 million in April 2011. Revenue ...
Centamin Gold Output in Egypt Rises, Shares up
Egypt >> 5/9/2012 - Egypt-focused miner Centamin Plc said quarterly production at its flagship Sukari gold mine rose 9 per cent, sending its shares up as much as 4.5 per cent. Production at Sukari - the first large-scale...
Economy Minister Addresses ESCWA's 27th Session
Egypt >> 5/9/2012 - UAE's approach for comprehensive development has become an example for countries of the region and the world at large, says Economy Minister Sultan bin Saeed Al Mansouri. Addressing the 27th Ministeri...

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