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Al-Ganzoury Held Meeting on Chinese Delegation
Egypt >> 3/26/2012 - Prime Minister, Dr. Kamal Al-Ganzoury, held meeting on the Chinese delegation keenness on from TEDA Co. to expand and attract private investments in North West Suez Gulf, where the company is keen on ...
Ganzouri Discusses Problems of Small-Sized Projects
Egypt >> 3/27/2012 - Prime Minister Kamal al-Ganzouri decided to set up a big institutional entity grouping all bodies dealing with small and medium-sized projects. This decision came after five continuous meetings in ord...
Egyptian Banks See Angry Crowds
Egypt >> 3/27/2012 - Thousands of Egyptian have been queuing in front of the country's banks this week in the hope of finally receiving compensation for assets they lost in Iraq during the Gulf War over two decades ago. I...
Tiba Engineering Industries Invests L.E. 400 Million
Egypt >> 3/27/2012 - Tiba Engineering Industries Co. of Al Manzalawi Group has announced plans to invest L.E. 400 million over the next 5 years. This was reported in the media quoting Eng. Shadi Al Manzalawi, Group's Mana...
Egypt's Reserves Will Drop to $10.4 Billion by July
Egypt >> 3/28/2012 - Egypt's foreign reserves will fall by over $5 billion to $10.4 billion by the end of June, a senior army financial official told reporters. Major General Mahmoud Nasr, assistant for financial and acco...
Eissa Declares a Joint Initiative with FEI
Egypt >> 3/28/2012 - Minister of Foreign Trade and Industry Mahmoud Eissa has unveiled a joint initiative with the Federation of Egyptian Industries (FEI) that will provide 100,000 jobs for young people. At a meeting with...
Du Declares 15 Fils Cash Dividend
United Arab Emirates >> 3/29/2012 - Emirates Integrated Telecommunications Company ("du") concluded the company's Annual General Meeting. du's Chairman, Ahmad Bin Byat, presented a review of 2011 at the meeting. Commenting on the Compan...
DP World 2011 Profit Rises 82 PCT on Australia Sale
Egypt >> 3/29/2012 - DP World, the world's third-largest port operator, reported an 82 per cent rise in 2011 net profit on Thursday, boosted by gains from the sale of its Australian operations. The company, one of the mor...
IMF Did not Impose any Conditions on Egypt
Egypt >> 3/29/2012 - Finance Minister Momtaz Al-Saeed said on 28/3/2012 that the economic program completed by Egypt and came under discussions with the International Monetary Fund IMF is characterized by transparency, ea...
LE 4 Billion to Finance 5-Year Power Project Plan
Egypt >> 3/29/2012 - The Ministry of Electricity has inked three agreements worth four billion pounds to finance projects to be implemented as part of a five-year plan (2012/2017). One such agreement was signed with the S...
Al Ganzoury Witnessed Ceremony of Final Signing
Afghanistan >> 3/29/2012 - Prime Minister, Dr. Kamal Al Ganzoury, witnessed ceremony of final signing on agreements concerning loan by the Arab Monetary Fund AMF amounting to 85 million Kuwaiti Dinar to finance two projects nam...
US to Give $100 Million to Boost Tunisia Finances
Tunisia >> 3/29/2012 - The United States will give Tunisia $100 million to buttress short-term government finances as the country negotiates a democratic transition following last year's popular uprising, Secretary of State...
Increase of Saudi Investments in Egypt to 60 Billions EGP
Egypt >> 3/30/2012 - The Egyptian-Saudi Arabia Business Council estimates the Saudi investments in Egypt of about 16 billions EGP and expect that the size of investments in Egypt will increase during the coming period to ...
Cement Prices are Continuing to Increase
Egypt >> 3/30/2012 - Despite of claimed recession and low down in demand cement prices are continuing to increase to reach L.E. 510 per ton on board trucks and L.E. 530 per ton in the retail market. This was reported in t...
DED Delegation Concludes Visit to Shanghai
United Arab Emirates >> 3/31/2012 - The delegation of Department of Economic Development in Abu Dhabi(DED) concluded yesterday its official visit to the Chinese City of Shanghai to boost the joint economic and investment cooperation bet...
Egypt, Arab Fund Sign USD 306 Million Loan Agreements
Egypt >> 3/31/2012 - Egypt and the Arab Fund for Social and Economic Development signed on 29 March 2012 two agreements worth 306 million dollars. Planning and International Cooperation Minister Fayza Abul-Naga and Fund B...
Shell and Emirates Foundation Announce New Alliance
United Arab Emirates >> 3/31/2012 - Clare Woodcraft, CEO, Emirates Foundation, said: "Shell Foundation's approach whereby they invest in social enterprises has already proven successful in other parts of the world. We are excited to wo...
Italian Support to Urgent Development Projects in Egypt
Egypt >> 3/31/2012 - Egypt's Minister for Planning and International Cooperation has negotiated with the Italian Ambassador to Cairo the activation of the third trench of a debt swap package valued at Euro 100 million as ...
Egypt's Exports to South Africa Rising by 35%
Egypt >> 4/1/2012 - Ambassador Mohammad “Badr al-Din Zayed”, Egypt's ambassador in Pretoria, announced that the Egyptian exports to South Africa has achieved a significant increase during 2011, rising by 35% to reach $ 5...
Deposit Instruments for Workers Abroad
Egypt >> 4/1/2012 - Minister of Planning and International Cooperation Fayza Abul-Naga said in a statement on 31 March 2012 that the governor of the Central Bank of Egypt will announce within a week the program of the de...

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