Egypt Zones accountACCOUNT

Investment News

EGP 3.69bn to Be Invested in Petroleum by Public Sector Companies for 2014/2015
Egypt >> 6/3/2014 - Throughout the coming fiscal year, oil companies owned by the public sector are striving to amass EGP 1.3bn in investments in the fields of research and oil and gas production, according to President ...
CBE: Foreign Reserve down by USD 206 million in May
Egypt >> 6/6/2014 - The country's foreign currency reserves were down by $206 million to $17.283 billion in May compared with $17.489 billion in April, the Central Bank of Egypt said on 05/06/2014.

The declin...
KIA Delegation Meets Mongolian Economic Minister
Kuwait >> 6/6/2014 - A delegation from Kuwait Investment Authority (KIA) met with Mongolian Minister for Economic Development Nyamjav Batbayar.

During the meeting, attended by Kuwaiti Ambassador to Mongolia Kh...
Egyptian Investment in Sudan to Amount to USD 8.7 bln
Sudan >> 6/7/2014 - Sudanese Investment Minister Mustafa Othman Ismail said Egyptian investment in Sudan would amount to USD 8.7 billion.

Speaking at a ceremony to place the foundation stone of an Egyptian ph...
Egypt, UAE Ink Wheat Silo Deal
United Arab Emirates >> 6/7/2014 - Egypt and UAE have signed an agreement for financing two wheat silos in Egypt as the Arab Organization for Industrialization, a state-owned company, will execute the project.

The deal was i...
UAE Ministry of Economy, Chinese Delegation Discuss Enhancing Trade and Investment
United Arab Emirates >> 6/9/2014 - Juma Mohammed Al Kait, Assistant Under-Secretary for Foreign Trade Affairs at the Ministry of Economy, has received a high ranking Chinese trade delegation headed by Yang Yasong, Vice Chairman of Liao...
DEWA Wins Mobile Applications Excellence Award
United Arab Emirates >> 6/9/2014 - Dubai Electricity and Water Authority (DEWA) has won the 19th Middle East eGovernment and eServices Award in the category of Mobile Applications Excellence.

The awards were presented at a c...
AED 20m Investment in Marfa Port Development
United Arab Emirates >> 6/10/2014 - ADPC has awarded an AED 20 million contract to Alba Tec; a construction company specialized in pre-engineered building, to manage the second phase development of Marfa Port in Al Gharbia Region of the...
Kizad Signs on Al Khaili Group with AED 280m Investment
United Arab Emirates >> 6/15/2014 - Officials from Khalifa Industrial Zone Abu Dhabi (Kizad) and Saif Al Khaili Group, a privately owned UAE business group with headquarters in Abu Dhabi, signed yesterday Musataha Agreements for setting...
Egypt’s New Investment Minister Says To Lure More FDI
Egypt >> 6/17/2014 - Egyptian Prime Minister Ibrahim Mehleb appointed veteran banker Ashraf Salman as investment minister, state-run news website al-Ahram said.

The decision to appoint a separate investment min...
UAE’s Al Habtoor Eyes Huge Investments In Egypt
Egypt >> 6/17/2014 - Khalaf Al Habtoor, Chairman of UAE-based Al Habtoor Group is intending to inject huge investments in Egypt over the coming period, sources in Egypt said, adding that the top official arrived in Cairo ...
New Investment Minister Announces Exit from Investments and Posts
Egypt >> 6/18/2014 - Ashraf Salman, Minister of Investment in the newly-formed Mehleb government, said he has begun disengaging from his current investments he currently, and has resigned from his advisory and executive p...
SCECO Signs SR 49.4 billion Loan
Saudi Arabia >> 6/19/2014 - SCECO announced that a SR 49.4 billion loan has been signed with ministry of finance.

The loan will be paid within 5 years in 20 quarterly installments and will be repaid in 10 years. The f...
Moustafa Kamal Settles Six Disputes with Investors
Egypt >> 6/21/2014 - Minister of Housing, Utilities and Urban Communities Moustafa Kamal Madbouli said that the ministry has succeeded to settle six disputes with investors during the past three months.

Ministe...
Egyptian Govt Supports Small- and Medium-Size Enterprises in Egypt
Egypt >> 6/24/2014 - Minister of Industry and Trade Mounir Fakhry Abdel Nour said the government supports the establishment of small- and medium-size enterprises due to their roles in reducing the rates of unemployment.
IDB to lend Egypt EGP 2.75 billion for South Helwan Power Plant
Egypt >> 6/27/2014 - Egypt and the Islamic Development Bank (IDB) signed a loan agreement whereby the bank will offer EGP 2.75 billion to finance the 1950-megawatts South Helwan power plant, Minister of Electricity and En...
Kizad Welcomes McDonalds’ Exclusive Packing Provider
United Arab Emirates >> 7/1/2014 - Officials from Khalifa Industrial Zone Abu Dhabi (Kizad) announced the signing of a 50 year land-lease agreement with Gulf Printing and Packaging Co., a new subsidiary of Al Khat Packaging Co., one of...
Ibrahim Mahlab Discusses Benefiting from Black Sand
Egypt >> 7/2/2014 - Prime Minister Ibrahim Mahlab discussed on 1/7/2014 ways of making use of the project of black sand.

This came during a meeting to review the economic and environmental benefits of black sa...
Ajman Free Zone Signs 3 MoUs for Management and Development of Special Economic Zones in Kazakhstan
Kazakhstan >> 7/2/2014 - Ajman Free Zone and Kazakh National Investment & Exports (Kaznex Invest) have signed a memorandum of understanding and co-operation which paved the way for two other similar important agreements with ...
New Investments in Petroleum, Electricity Sectors
Egypt >> 7/5/2014 - The Ministry of Planning said that the volume of targeted investments in the petroleum sector during 2014-2015 reaches nearly EGP 6.35 billion.

The ministry explained that the private inves...

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.