Egypt Zones accountACCOUNT

Financials and Investment News

DED Launches 3 Initiatives to Enhance Future-Readiness of Economy
United Arab Emirates >> 1/30/2019 - The Department of Economic Development, DED, in Dubai launched three quality initiatives today aimed to accelerate future-readiness of the economy and enhance private sector participation in developin...
China to Expand Investment in UAE Through Annual Investment Meeting
United Arab Emirates >> 1/30/2019 - The UAE has managed to achieve a qualitative leap in its economy during the recent years due to the adoption of a forward-looking strategy and in anticipation of strategic plans for the future, accord...
Egypt to Offer Foreign-Currency Bond This Quarter, Minister Says
Egypt >> 1/30/2019 - Egypt plans to issue foreign-currency bonds in early 2019 to raise $3 to $7 billion, Finance Minister Mohamed Maait said The offering will take place in February or March, Maait told Reuters.
Egypt’s Garment Exports Hit $1.5 Bln In 2018
Egypt >> 1/31/2019 - Egypt’s garment exports went up 9.5 percent to reach 1.598 billion dollars in 2018, up from 1.459 billion in 2017, the Ready-made Garments Export Council of Egypt said .

The US ranked first...
Egypt GDP Grew By 5.5 Pct in Oct-Dec Quarter: Ministry
Egypt >> 1/31/2019 - Egypt’s gross domestic product grew by 5.5 percent in the period from October to December 2018, compared with 5.3 percent during the same period a year earlier, the planning ministry said .

E...
Kuwait Bourse Ends Trading on Mixed Boards
Kuwait >> 1/31/2019 - Boursa Kuwait ended trading on mixed boards as the premier market index went down by 8 points to reach 5,430.10 points. The main market index went up by 21.93 points to reach 4,798.05 points, the same...
PM witnesses signing a cooperation protocol between Social Housing & Finance Ministry
Egypt >> 1/31/2019 - Prime Minister and Minister of Housing Moustafa Madbouli attended the signing of a cooperation protocol between the Ministry of Finance and the Social Housing Fund to provide social housing units.
Egypt's Exports of Glass, Marble Hit $587 Mln during 2018
Egypt >> 1/31/2019 - The Export Council for Building Materials (ECBM) stressed that Egypt's exports of glass, marble and granite reached $587 million during 2018.

The ECBM said that the exports of glass products ...
Egypt Bourse Gains 43.7 Billion Dollars in January
Egypt >> 2/1/2019 - The Egyptian Exchange (EGX) gained 43.7 billion dollars pounds in January, gaining about EGP 793.4 billion dollars compared to 749.7 billion dollars in December, up 5.8 percent.

The market in...
Egyptian M2 Money Supply Growth Slows To 13.3 Pct in December -C.Bank
Egypt >> 2/1/2019 - The money supply stood at 3.63 trillion Egyptian pounds ($205.90 billion) at end-December.

Under a $12 billion deal signed with the IMF in 2016, Egypt has been working to get its money supply...
OECD Upgrades Egypt’s Rank in Country Risk Classification
Egypt >> 2/2/2019 - The Organization for Economic Co-operation and Development (OECD) upgraded Egypt’s ranking in the Country Risk Classification to five.

In its statement, OECD said that investment risks in Egy...
Bulgarian Minster Lauds Egyptian Economic Reform Program
Egypt >> 2/2/2019 - Bulgarian Minister of Economy Emil Karanikolov lauded the Egyptian economic reform program.

He added, at a meeting with Minister of Investment and International Cooperation Sahar Nasr, that t...
UAE Participates in Meeting of Arab Economic Committee in Cairo
United Arab Emirates >> 2/4/2019 - The UAE participated in a meeting of the economic committee, an affiliate of the Arab Economic and Social Council, which was held between senior officials today at the Arab League General Secretariat ...
Finance Ministry's Strategy on Public Debt to be referred to President in March
Egypt >> 2/4/2019 - Finance Minister Mohamed Maait said that his ministry has developed an overall strategy, with the aim of reducing the public debt in the medium run.

The strategy, drawn up in collaboration w...
OECD Drops Egypt’s Economic Risk Classification Ranking
Egypt >> 2/4/2019 - The Organization for Economic Co-operation and Development (OECD) officially announced that Egypt’s risk classification has dropped from six to five, a milestone resulting from government efforts to e...
Egypt’s Govt Plans to Reduce Indebtedness on Medium Term: Finance Minister
Egypt >> 2/4/2019 - Egypt’s Finance Ministry, participating with the economic ministerial group and the Central Bank of Egypt, has prepared an integrated strategy to reduce and manage the government indebtedness in the m...
Egyptian Investment Group Aims to End Car Trade Monopoly
Egypt >> 2/4/2019 - The Egyptian Investment Group announced it would establish a company for car trading in order to counter the monopoly and high prices, as well as to build on the success of the “Khaleha Tesady” (Let i...
IMF Okays 5th Tranche of $12b Loan to Egypt
Egypt >> 2/5/2019 - The International Monetary Fund (IMF) agreed to give Egypt the 5th tranche of its $12 billion loan, Minister of Finance Mohamed Maait said.

Egypt is due to receive the $2-billion tranche w...
German Investments in Egypt Worth $7.1 Billion
German Investments in Egypt Worth $7.1 Billion Egypt >> 2/5/2019 - Investment and International Cooperation Minister Sahar Nasr said that German investments in Egypt currently stand at $7.1 billion in different fields with some 1215 German companies operating Egypt....
Egypt's Foreign Currency Reserve Hit $44.616 Bln in January: CBE
Egypt's Foreign Currency Reserve Hit $44.616 Bln in January: CBE Egypt >> 2/5/2019 - The Central Bank of Egypt has announced an increase in the foreign currency reserves by around $66 million to reach $42.616 billion by the end of January compared to $42.550 billion in December.

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.