Latest news
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 Report: Sisi started to put Egypt back on sensible economic track Cairo - There are signs that President Abdel Fattah El Sisi is starting to put Egypt back on a more sensible economic track, The Economist said in its weekly edition. In an editorial themed "Egypt’s ... Sunday 12-03-2017 12:51 PM Egypt praises German decision to lift restrictions on tourist flights to S. Sinai Cairo - Egyptian Civil Aviation Minister Sherif Yehia praised a decision taken by Germany to lift all restrictions on tourist flights to South Sinai. The decision will have a positive impact on the ... Thursday 09-03-2017 05:18 PM