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Egyptian Government to Pump EGP 64mn in New Investment Stimulus Package
Egypt >> 8/25/2014 - Minister of Investment Ashraf Salman disclosed that the government will announce a new investment stimulus package on two phases worth EGP 64 billion in accordance with Egypt's new budget.

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Samsung Plans to Invest US$35m in Egyptian Market
Egypt >> 8/26/2014 - The Korean company Samsung plans to pump new investments of up to US$35 million in its factory at Koam Abu Rady area for refrigerators and washing machines industry in Beni Suef, head of the General ...
First Free Trade Zone to be Established between Egypt, Gulf Countries
Egypt >> 8/28/2014 - An informed source from the Trade and Industry Ministry said that an important meeting for ministers of the Economic Group (trade, finance, planning and investment) will be held before the end of the ...
Suez Canal Investment Revenues Hits LE 8.5bn
Egypt >> 9/8/2014 - Governor of the Central Bank of Egypt (CBE) Hisham Ramez said Sunday's sales of the new Suez Canal project's investment certificates hit LE 8.5 billion. Most of the buyers were individuals, he said.
Finance Ministry Seeks 9 Percent Deficit by 2017
Egypt >> 9/8/2014 - Finance Minister Hani Qadri has said that the government hopes to reduce the budget deficit and debt to around 9.5 percent by 2017.

"The government started its work with 13-14 percent budge...
Turnout for Suez Canal Certificates Soars
Egypt >> 9/8/2014 - Egyptian officials are noting a downtrend in the demand for the US dollar, as well as its price, as result of the high turnout for purchasers of the Suez Canal certificates.

"In case the go...
National Company for ’Black Sand’ to be Established
Egypt >> 9/10/2014 - Prime Minister Ibrahim Mahlab approved on 9/9/2014 the establishment of an Egyptian company for exploiting black sand in Kafr el-Sheikh governorate.

The company will be established through ...
Egypt Seeks Promoting Suez Canal Certificates in UAE
Egypt >> 9/13/2014 - Egypt’s Consul General in Dubai Ambassador Sheriff El-Bedewey said that the consulate will launch a promotion campaign for the New Suez Canal investment certificates at the level of the Egyptian clubs...
Suez Canal Revenues up by 11.9%
Egypt >> 9/13/2014 - Head of the Suez Canal Authority (SCA) Mohab Mamish said that the canal’s revenues in the US dollar during the period from January to August 2014 have increased by 8.9% while its revenues in the Egypt...
Egypt, South Sudan Discuss Investment Opportunities
Egypt >> 9/14/2014 - Ambassador Mohamed Badreddin Zayed, the Assistant Foreign Minister, received the governor of the South Sudan western equatorial province and his accompanying delegation.

The South Sudanese...
Revenues of Suez Canal Certificates Hit EGP 49bn in 7 Days
Egypt >> 9/15/2014 - The total revenues of selling the Suez Canal Certificates since their launch on 4 September hit EGP49 billion on Sunday, governor of the Central Bank of Egypt (CBE) Hisham Ramez said.

He ad...
Sharm al-Sheikh Hosts First Round of Free Trade Talks between Egypt and Russia
Egypt >> 9/15/2014 - Minister of Industry, Trade and Small and Medium Enterprises Mounir Fakhry Abdel Nour has said the first round of free trade talks between Egypt and the Eurasian Customs Union, which includes Russia, ...
Yemen, US Discuss Oil and Gas Investment Cooperation
Egypt >> 9/15/2014 - Oil and Minerals Minister Hussein al-Kaf discussed here on Monday with US ambassador to Yemen Matthew Tueller mutual investment cooperation relations in oil and gas sectors.

During the meet...
High Turnout on Buying Suez Canal Investment Certificates
Egypt >> 9/17/2014 - The governor of the Central Bank of Egypt (CBE) Hisham Ramez said that achieving the targeted funds from selling the Suez Canal investment certificates in 8 days sends a message to the world.

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Egypt, Belarus Sign Economic Cooperation Protocols
Egypt >> 9/20/2014 - Egypt and Belarus have inked a number of cooperation protocols to develop joint trade relations, said Trade and Industry Minister Mounir Fahkry Abdel-Nour in a statement on 19/09/2014.

Afte...
Lands for Small Investors will be Offered
Egypt >> 9/20/2014 - The Ministry of Housing, Utilities and Urban Communities will announce qualifying real-estate contractors and investors to take part in setting up intermediate housing units in five new cities, notabl...
25% of New Suez Canal’s Dry Digging Completed
Egypt >> 9/20/2014 - Major General Kamel Al-Waziri, the chief of staff of the Armed Forces' Engineering Authority and supervisor of the New Suez Canal project, said that six places are, now ready for receiving dredgers as...
Egypt, UAE Sign Deal on Power Station
Egypt >> 10/1/2014 - Egypt and the United Arab Emirates (UAE) signed on 30/9/2014 a Memorandum of Understanding to establish a power station.

Prime Minister Ibrahim Mahlab and several ministers attended the si...
Egypt Pays Back $500m to Qatar
Qatar >> 10/12/2014 - Egypt has paid back $500 million to Qatar and will soon return the remainder of the money the Gulf state deposited into the Central Bank of Egypt after the 2011 revolution, the CBE governor said.
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Ibrahim Mahlab Discusses Reclamation of One Million Feddans
Egypt >> 10/12/2014 - Prime Minister Ibrahim Mahlab held a meeting on Saturday to discuss ways of implementing the project of reclaiming one million feddans within a year.

The project is part of a plan which aim...

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