Minister: Egypt's economy able to increase growth rates to 6 percent
Cairo - Finance Minister Amr El Garhy said on Monday the recent policies and reforms system aims to put the national economy on track to reduce inflation and the budget deficit. In a statement, the ...
Wednesday 22-03-2017 12:38 PM
Egypt moves from electricity deficit to sufficiency - UPI.com
Cairo - The opening of three major power plants in March was the latest in Egypts efforts to end its electricity shortage crisis. "Huge work is being done in this country to end the problem," said ...
Tuesday 21-03-2017 05:19 PM
Qabil: Applying competition policies, laws to attract investment
Cairo - Minister of Trade and Industry Tareq Qabil on Monday said that enforcing competition policies and laws is necessary to create a sound investment atmosphere in the country. Ensuring free ...
Tuesday 21-03-2017 02:21 PM
Egypt gets part of World Bank loan: minister
Cairo (AFP) - Egypt on Monday received the second tranche of a $3-billion World Bank loan in support of the governments economic and social agenda, International Cooperation Minister Sahar Nasr ...
Tuesday 21-03-2017 10:21 AM
Sisi looking forward to increasing British investments in Egypt
Cairo - President Abdel Fattah El Sisi said on Saturday 18/3/2017 he is looking forward to boosting British investments in Egypt. President Sisi made the remark during a meeting with a delegation of ...
Tuesday 21-03-2017 10:06 AM
Yields rise on Egypt's three- and seven-year bonds
Cairo - Average yields on Egypts three-year and seven-year treasury bonds rose at an auction on Monday, data from the central bank showed. Yields on the three-year bonds rose to an average of ...
Tuesday 21-03-2017 10:05 AM
World Bank: Egypt is strategic partner
Cairo - World Bank Executive Director Merza Hassan on Sunday said Egypt is a strategic partner to the bank. Hassan made the remarks during a meeting with Prime Minister Sherif Ismail and Investment ...
Monday 20-03-2017 08:42 PM
Egypt expects $13-15 bln in foreign investment next fiscal year, finance minister says
Cairo - Egyptian Finance Minister Amr El Garhy said on Monday his country was expecting foreign direct investment to increase to $13-15 billion in the 2017-18 fiscal year, after a currency flotation ...
Monday 20-03-2017 02:35 PM
Egypt executes development projects of 1 bln pounds in South Sinai: minister
Cairo - Egypts Ministry of Housing is implementing developmental and service projects in South Sinai governorate with total investments of around one billion Egyptian pounds ($55.4 million), ...
Sunday 19-03-2017 04:11 PM
Kuwait fund inks 2 loan agreements with Egypt
Cairo - A grant agreement was signed today in Cairo between the government of the Arab Republic of Egypt and the Kuwait Fund for Arab Economic Development, whereby the Kuwait fund provide a grant in ...
Sunday 19-03-2017 12:14 PM
UAE: Egypt improved reforms and policies serve as key factors to attract FDIs
Dubai - According to a statement by the UAE Ministry of Economys Annual Investment Meeting, AIM, Egypt’s economy, industry and start-ups are currently experiencing impressive growth, where the ...
Friday 17-03-2017 11:52 AM
Saudi to resume oil shipments to Egypt after 5-month suspension
Cairo - Saudi Aramco Oil Company will resume exporting its products to Egypt after a five-month halt, Egypts Petroleum Minister Tarek al-Molla said Wednesday. A timeline is being drafted for the ...
Thursday 16-03-2017 08:02 AM
PM opens Cairo International Trade Fair
Cairo - Prime Minister Sherif Ismail opened the 50th Cairo International Fair, which is considered the largest trade exhibition ever held in the Arab region. CIF - due to last until March 24 - ...
Wednesday 15-03-2017 03:30 PM
World Bank official praises Egypt's efforts to improve investment atmosphere
Cairo - Vice President of the World Bank Jan Walliser has lauded Egypts recent efforts and economic reform measures that helped improve the country’s international rank in the investment field. ...
Wednesday 15-03-2017 11:44 AM
Egypt takes drastic step amid tourism struggles
Cairo - The Egyptian government is prioritizing restoration of the countrys struggling tourism over its own debt collection. Egypts Minister of Tourism Yehiya Rashed confirmed government officials ...
Tuesday 14-03-2017 08:48 PM
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