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Financials and Investment News

LE27 Billion Investments to Add 5,000 Megawatts
Egypt >> 3/8/2012 - Minister of Electricity and Energy Hassan Younis said that the ministry has worked for feeding Egypt's national power grid with an additional 5,000 megawatts in 2011 and 2012 to face extra loads expec...
Dubai's Abraaj in $125 mln Morocco Insurance Deal
United Arab Emirates >> 3/8/2012 - Abraaj Capital is investing about $125 million in a Moroccan insurance holding firm as it bids to tap growth prospects in Africa's nascent insurance sector. Privately-owned Saham Finances has majority...
Bilateral Cooperation Between Emirates and Brazil
United Arab Emirates >> 3/8/2012 - Director of American and Pacific Affairs Department at the Ministry of Foreign Affairs Abdullah Al Sabosi received at his office, the Brazilian Ambassador to UAE Jose de Mendonca e Lima. They discusse...
Egypt, Georgia Discuss Ways to Boost Economic Cooperation
Egypt >> 3/9/2012 - Minister of Industry and Foreign Trade Dr. Mahmoud Eissa discussed Thursday 08/03/2012 with visiting Georgian counterpart Grigol Vashadze ways to boost economic cooperation and increase bilateral trad...
Khalifa Receives Emir of Qatar
United Arab Emirates >> 3/9/2012 - President His Highness Sheikh Khalifa Bin Zayed Al Nahyan received today in Al Ain, Emir of Qatar HH Sheikh Hamad Bin Khalifa Al Thani. The meeting at the Al-Jesyoorah Rest house was held in the prese...
Interior Minister Meets with Saudi, Indian Ambassadors
Egypt >> 3/10/2012 - Minister of Interior Mohammed Ibrahim conferred on 09/03/2012 with Saudi Ambassador in Cairo Ahmed Qatan on bilateral relations. The meeting took up the latest developments in Egypt along with ways of...
Abdullah Bin Abdulaziz Receives President of Sudan
Saudi Arabia >> 3/10/2012 - he Custodian of the Two Holy Mosques, King Abdullah bin Abdulaziz Al-Saud, received at his palace in Riyadh (16/04/1433) His brother Mr. Omar Hassan Al-Bashir president of the Republic of Sudan. Duri...
Governor of Riyadh Region Receives Mr. Ahmed Ragheb
Saudi Arabia >> 3/10/2012 - His Royal Highness Prince Sattam bin Abdulaziz Al-Saud, Governor of Riyadh Region, received at his office in the Governorate Headquarters in Riyadh(15/04/1433) Mr. Ahmed Ragheb, Egyptian Deputy Minist...
Ministry Undersecretary Meets Ahmad Raghib
Saudi Arabia >> 3/10/2012 - Ministry Undersecretary Dr. Ahmad bin Mohammad al-Salim received in his office at the Ministry, Ambassador Ahmad Raghib, Assistant to the foreign minister of Egypt for consular affairs, and an accompa...
Mohammad bin Rashid Receives Message from Qatari Premier
Qatar >> 3/11/2012 - Prime Minister and Ruler of Dubai has received a message from HE Qatar's Prime Minister and Foreign Minister Sheikh Hamad bin Jassim bin Jabor Al Thani, dealing with bilateral ties and current situati...
Al-Ganzoury Held Meeting to Discuss Financial Problems
Egypt >> 3/11/2012 - Prime Minister, Dr. Kamal Al-Ganzoury, held meeting to discuss financial problems related to Suez Cement Company, in attendance of Ministers of Electricity, Housing, Petroleum, Finance and General Sec...
Ganzouri is Keen to Preserve Citizens’ Health
Egypt >> 3/11/2012 - Prime Minister Dr. Kamal El Ganzouri said the government is keen to preserve citizens' health in Egypt in general and in Demietta in particular. He said that the government will not carry out investme...
Egypt is Keen on Supporting Nile Basin Countries
Egypt >> 3/11/2012 - Minister of Irrigation and Water Resources Dr. Hisham Qandeel said in a statement on 10/3/2012 that the Egyptian formal participation in the Sixth World Forum of water reflects Egypt's keenness on sup...
Egypt-Saudi Arabia Trade Exchange up to $31 Billion
Egypt >> 3/11/2012 - Transport Minister Galal Moustafa al-Saeed on 10/3/2012 said the proposed bridge linking between Egypt and Saudi Arabia will double the trade exchange volume to hit $31 billion in two years. The Minis...
Prince Saud Al-Faisal Meets Mr. Kofi Annan
Saudi Arabia >> 3/11/2012 - His Royal Highness Prince Saud Al-Faisal Al-Saud, Minister of Foreign Affairs, received at his guest residence in Cairo Mr. Kofi Annan, the United Nations and Arab League joint envoy to solve the Syri...
Qatari Premier Holds Talks with Latvian Counterpart
Qatar >> 3/12/2012 - HE the Prime Minister and Foreign Minister Sheikh Hamad bin Jassim bin Jabor Al Thani held a round of official talks on Monday with the Latvian Prime Minister Valdis Dombrovskis. The two sides reviewe...
Sheikh Hamad Meets New Indonesian Ambassador to Qatar
Qatar >> 3/12/2012 - HE the Prime Minister and Foreign Minister Sheikh Hamad bin Jassim bin Jabor Al Thani met here HE Indonesian Ambassador to Qatar, Didi Seif Al Hadi on the occasion of assuming his new term of office i...
SA Minister of Foreign Affairs Receives Guido Westerwelle
Saudi Arabia >> 3/12/2012 - His Royal Highness Prince Saud Al-Faisal Al-Saud, Minister of Foreign Affairs, received (18/04/1433) Mr. Guido Westerwelle, Minister of Foreign Affairs of the Federal Republic of Germany. During the m...
German Ready to Fund Solar, Wind Energy with €211 bn
Egypt >> 3/12/2012 - Minister of Planning and International Cooperation Fayza Abul-Naga said on 11/3/2012 that the German government will support Kom Ombo project with a 50-million-Euro support loan and another 62 million...
ITFC Offers $400 Million to Support Egyptian Economy
Egypt >> 3/12/2012 - Minister of Planning and International Cooperation Fayza Abul-Naga has said a framework agreement, under which the International Islamic Trade Finance Corporation (ITFC) offered 400 million dollars to...

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