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Cypriot Ambassador Appreciates Sisi's Efforts To Attract Investments To Egypt
Cypriot Ambassador Appreciates Sisi's Efforts To Attract Investments To Egypt Egypt >> 8/13/2016 - Cypriot Ambassador in Cairo Charis Moritsis said that his country appreciates efforts of President Abdel Fattah El Sisi with the aim of attracting investments to Egypt.

Moritsis stressed impo...
Mohamed Shaker: 136 Companies to Produce 4,300 Megawatts from Solar, Wind Sources
Mohamed Shaker: 136 Companies to Produce 4,300 Megawatts from Solar, Wind Sources Egypt >> 8/14/2016 - Electricity Minister Mohamed Shaker selected 136 companies to produce 4,300 megawatts from solar and wind sources.

The move came during his meeting with investors in renewable energy sector ...
Tarek Qabil: Gov't Gives Priority to SMEs
Tarek Qabil: Gov't Gives Priority to SMEs Egypt >> 8/14/2016 - Industry and Trade Minister Tarek Qabil asserted that the ministry is giving much attention to small and medium-sized enterprises (SMEs) through setting up strategies for upgrading the SMEs sector.
Egypt, Jordan, Iraq Agree On Opening New Markets.
Egypt, Jordan, Iraq Agree On Opening New Markets. Egypt >> 8/14/2016 - Egypt, Jordan and Iraq have agreed on opening new markets for the joint venture of Arab Bridge Maritime in the field of land transport.

Addressing a press conference, Transport Minister Gala...
Uber Egypt: Cairo Fastest Growing City in MENA with 30,000 Drivers
Uber Egypt: Cairo Fastest Growing City in MENA with 30,000 Drivers Egypt >> 8/14/2016 - Thirty-thousand drivers are now using Uber in Cairo as a source of income, making the Egyptian capital the fastest growing city in the region for the car-hailing application since its launch in late 2...
Sheriff Ismail Held Meeting to Discuss Egypt, China Cooperation
Sheriff Ismail Held Meeting to Discuss Egypt, China Cooperation Egypt >> 8/14/2016 - PM Sherif Ismail held a meeting headed by engineer Sharif Ismail, chairman of the Council of Ministers, and the presence of the ministers of electricity, foreign affairs, military production, internat...
SEC Fuels Wind, Solar Projects In Line With Saudi Vision 2030
Saudi Arabia >> 8/14/2016 - In line with the Kingdom’s Vision 2030, the Saudi Electricity Company (SEC) have begun technical studies to take advantage of renewable energy and in line with that has identified sites that could pro...
Tarek Qabil reviews Chinese-Egyptian projects
Tarek Qabil reviews Chinese-Egyptian projects Egypt >> 8/15/2016 - Minister of Trade and Industry Tarek Qabil held an expanded meeting with representatives of the ministries of foreign affairs, international cooperation, transport, and electricity to discuss the stat...
CBE approves electricity, water prices of SCEZ to be collected in foreign currency
CBE approves electricity, water prices of SCEZ to be collected in foreign currency Egypt >> 8/15/2016 - The General Authority for the Suez Canal Economic Zone (SCEZ) said it has received the approval of the Central Bank of Egypt (CBE) to collect the prices of electricity and water in the foreign curren...
Egypt's first tranche of IMF finance worth $4 bln, to be delivered in 2 installments
Egypt's first tranche of IMF finance worth $4 bln, to be delivered in 2 installments Egypt >> 8/15/2016 - The $12 billion loan facility that the International Monetary Fund has preliminarily agreed to provide for Egypt will be divided into three tranches, each worth $4 billion, the fund’s mission chief sa...
NBE allocates EGP37bn for financing SMEs
NBE allocates EGP37bn for financing SMEs Egypt >> 8/15/2016 - Chairman of Retail & SMEs Sectors at the National Bank of Egypt (NBE) Hazem Hegazy asserted that the NBE allocated about EGP37 billion for financing Small and Medium Enterprises (SMEs) in the new FY, ...
Abu Dhabi Ports Signs Long-Term Agreement With Abu Dhabi Ship Building
United Arab Emirates >> 8/16/2016 - Abu Dhabi Ports and Abu Dhabi Ship Building, ADSB, signed a long-term agreement for ship repair facility that will also have a floating dry dock at Zayed Port.

The agreement was signed at Ab...
Fayed inspects Madrid greenhouses
Fayed inspects Madrid greenhouses Egypt >> 8/16/2016 - Egyptian Agriculture Minister Essam Fayed, currently visiting Spain, inspected greenhouses affiliated to Tecnova Research Center where experiments to fight insects and pests are being conducted.
Tarek Qabil: ESF approves new rules to support exports
Tarek Qabil: ESF approves new rules to support exports Egypt >> 8/16/2016 - The board of the Export Support Fund (ESF) agreed on the new rules of an export support program, that will be enforced as of 1 July 2016, Trade and Industry Minister Tareq Qabil said.

Durin...
Egypt's telecom regulator to send out final 4G licence terms
Egypt >> 8/17/2016 - Egypt's telecoms industry regulator has approved the final terms for 4G mobile broadband network licences and will send the forms out to licensee companies on Sunday, a senior official at Egypt's Tele...
Egypt seeking $5 bn aid from Arab countries, international institutions
Egypt seeking $5 bn aid from Arab countries, international institutions Egypt >> 8/17/2016 - The Egyptian government has opened channels of communication with a number of Arab countries and international institutions to provide up to US$ 5 billion in financial aid over three years, in additio...
Tunisia economy grew 1.4 pct in 2nd qtr vs 1.1 pct year ago
Tunisia >> 8/17/2016 - Tunisia's economy grew by 1.4 percent in the second quarter of 2016, compared with 1.1 percent in the same period of 2015, the State Statistics Institute said .

For the full-year 2015, the ...
500 Chinese Businessmen to Visit Egypt
500 Chinese Businessmen to Visit Egypt Egypt >> 8/17/2016 - A total of 500 Chinese businessmen are to visit Egypt by the end of August to discuss potential investment opportunities in the Suez Canal region, Ahram Arabic website reported.

The businessm...
Egypt's finance ministry names 4 banks to issue $3 bln eurobonds
Egypt's finance ministry names 4 banks to issue $3 bln eurobonds Egypt >> 8/18/2016 - Four international investment banks were selected by Egypt to issue 3 billion dollar-denominated eurobonds in the global bond market, the finance ministry announced.

In a statement on its web...
Egypt: Metro tickets will rise to at least LE1.5
Egypt: Metro tickets will rise to at least LE1.5 Egypt >> 8/18/2016 - Egypt will increase the price of metro tickets from LE1 to a minimum of LE1.5, according to cabinet spokesperson Hossam Qawish, although he said no timetable has been set for the price rise.

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