Egypt Zones accountACCOUNT

Financials and Investment News

Moody's:Pound Devaluation is Credit Positive for Egypt
Egypt >> 3/18/2016 - The recent decision by the Central Bank of Egypt (CBE) to adopt a flexible exchange rate has been remarked as credit positive for Egypt to remain stable at B3, Moody’s Investors Services stated.
Saudi Arabia, Egypt Hold Coordination Council Meeting
Egypt >> 3/20/2016 - Saudi Arabia and Egypt will hold a meeting of the joint coordination council.

Egypt's Ambassador in Riyadh Nasser Hamdy said the meeting will prepare agreements that will be signed by Preside...
Egypt Participates in India-Africa Project Partnership Forum
Egypt >> 3/20/2016 - An Egyptian delegation of the General Authority for Investment and Free zones and Trade and Industry Ministry participated in the 11th forum of India-Africa Project Partnership held in New Delhi.
<...
Saudi Arabia, Egypt Ink Several Finance, Investment Pacts
Egypt >> 3/20/2016 - Saudi Arabia and Egypt signed a number of agreements and memoranda of understanding for cooperation in various domains, particularly finance and investments.

In a press statement following t...
Alstom Signed Contract for The Extension of Cairo Metro Line 1
Egypt >> 3/20/2016 - Alstom signed a contract with the National Authority for Tunnels (NAT) for the extension of Cairo Metro Line 1 from the El-Marg to New El-Marg station. Alstom’s share of the contract is worth €12 mill...
Salman: Easing Investment Measures to Lure Saudi Businessmen
Egypt >> 3/21/2016 - Investment Minister Ashraf Salman said that Egypt will provide various incentives to lure Saudi businessmen to invest in Egypt in the coming period.

The minister made the statements after sig...
Egypt Signs $1.5 bln Sinai Development Deal with Saudi Arabia
Egypt Signs $1.5 bln Sinai Development Deal with Saudi Arabia Egypt >> 3/21/2016 - Egypt signed a deal with the Saudi Development Fund worth $1.5 billion to finance development projects in Sinai, during the fifth meeting of the Egyptian-Saudi coordination council in Riyadh , accordi...
Egypt, Germany Discuss Economic Cooperation
Egypt, Germany Discuss Economic Cooperation Egypt >> 3/21/2016 - Trade and Industry Minister Tarek Qabil received Stefan Rudolph the German Minister of Economy, Tourism and Labor in Mecklenburg State.

During the meeting, they discussed ways to boost bilat...
Fitch Praises Egyptian Pound Devaluation, Warns of High Inflation
Egypt >> 3/21/2016 - US-based credit rating agency, Fitch, found the devaluation of the Egyptian pound last week as credit positive but warns of higher inflation.

Last week the Central Bank of Egypt (CBE) devalue...
Egypt: GAFI Official, Iraqi Investors Meet in Amman
Egypt >> 3/22/2016 - Director of the Middle East department at Egypt's General Authority for Investment Mounir Gomaa held a meeting with the Iraqi Business Council in Amman to discuss means of promoting investment and eco...
38 Vessels Cross Suez Canal
Egypt >> 3/22/2016 - Thirty-eight ships transited the Suez Canal, with a total cargo of 2.9 million tons.

The south-bound convoy included 21 vessels carrying 994.000 tons, while the north-bound convoy included 17...
Kuwait is China's Key Trade Partner
Kuwait >> 3/22/2016 - China's Ambassador to Kuwait Wang Di stressed that the State of Kuwait has become a main trade partner of his country in the region.

The Kuwaiti-Chinese diplomatic relations were established...
Sherif Ismail Met World Bank Vice President for The Middle East and North Africa
Egypt >> 3/22/2016 - Engineer Sherif Ismail, chairman of the Council of Ministers, met Dr. Hafez Ghanem, the World Bank vice president for the Middle East and North Africa. Dr. Sahar Nasr, minister of international cooper...
Saad el Gioushy Witness Start of Digging 4th Phase of Cairo’s 3rd Metro Line
Egypt >> 3/23/2016 - Transport Minister Saad el Gioushy and French Ambassador to Egypt Andre Parant witnessed the start of the digging works of a new underground phase.

The 5.15-kilometer of the fourth phase of t...
Kuwait and Sudan Discuss Economic Cooperation
Kuwait >> 3/23/2016 - Kuwaiti Ambassador to Sudan Talal Mansour Al-Hajri discussed with Sudanese Finance and National Economy Minister Bader Eldin Mahmoud means of promoting bilateral cooperation and removing obstacles fac...
Al Mansouri Holds Discussions with Australian, Greek Ambassadors
United Arab Emirates >> 3/23/2016 - The UAE’s non-oil trade with Australia stood at US$2 billion in the first nine months of 2015, making Australia one of its major strategic trading partners, Sultan bin Saeed Al Mansouri, Minister of E...
Saudi Ambassador to Turkmenistan Receives Minister of Commerce
Saudi Arabia >> 3/24/2016 - Minister of Commerce and Industry Dr. Tawfiq Al Rabiah and his accompanying delegation arrived in the capital of Turkmen Ashgabat, to chairing the Saudi delegation in the work of Turkmen -Saudi Arabia...
Tarek Qabil: Terror Combat Necessary for Economic Development
Tarek Qabil: Terror Combat Necessary for Economic Development Egypt >> 3/24/2016 - Minister of Trade and Industry Tareq Qabil has called for stepping up efforts of combating terrorism and achieving peace world-wide to realize a real economic development.

During a meeting wi...
Sisi Meets Vodafone CEO
Sisi Meets Vodafone CEO Egypt >> 3/24/2016 - Egypt's President Abdel Fattah El Sisi convened with Vodafone CEO Vittorio Colao in the presence Communication and Information Technology Minister Yasser El Qady, Spokesman for Presidency Alaa Yousef ...
Sherif Ismail: Government Adopts New Ways to Reduce Budget Deficit
Egypt >> 3/25/2016 - The Cabinet, under Prime Minister Sherif Ismail, discussed the tasks assigned by President Abdel Fattah El Sisi to the new government.

Ismail said the government will adopt new ways for secur...

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.