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Egypt's Minister, South Sinai governor discuss investment opportunities Cairo - Investment and International Cooperation Minister Sahar Nasr has met with South Sinai Governor Khaled Fouda. During the meeting, the two sides discussed the investment opportunities in ... Sunday 06-08-2017 01:13 AM Tourism Promotion Authority head, investors discuss promoting tourism in Sharm El Sheikh Cairo - Chairman of the Tourism Promotion Authority (TPA) Hisham al Demery reviewed with a group of South Sinai investors a campaign to increase inbound tourism flows in the Red Sea resort of Sharm ... Saturday 05-08-2017 07:59 AM Red Sea Ports Authority: Two fishing ports to be established in Egypt's Shalatin Cairo - Two new fishing ports in Red sea will be established in 270 thousand square meters of the cities of Shalatin and Abu Ramad, Head of the Red Sea Ports Authority, General Hesham Abo- Senna ... Friday 04-08-2017 09:08 PM Minister: Egypt FDI rises to about $8.7 bln in FY 2016-17 Cairo - Foreign direct investment in Egypt is expected to have risen to about $8.7 billion in the 2016-17 fiscal year that ended last June, compared to about $6.9 billion the previous year, ... Friday 04-08-2017 01:41 PM Forty-Six ships transit Suez Canal Cairo - Forty-six ships transited the Suez Canal on Thursday, with a total cargo of 2.5 million tons. The south-bound convoy included 27 vessels carrying around 1.3 million tons, while the ... Friday 04-08-2017 12:00 AM Egyptian Exchange ends on a collective rise, gains LE 883M liquidity Cairo - The Egyptian Exchange (EGX) saw positive performance at Thursday end. Total turnover reached LE 883 million ($49 million), backed by the foreign and local sales. The benchmark index ... Thursday 03-08-2017 08:43 PM Trade balance deficit drops 46% in H1 of 2017 Cairo - Egypt’s trade balance deficit declined 46 percent to reach $11.13 billion in the first half of 2017, down from $24 billion in the year-ago period, foreign trade statistics said Thursday. ... Thursday 03-08-2017 12:08 PM Egypt reserves reached $36 billion, highest in 7 years Cairo - Egypt’s foreign reserves reached 36.036 billion dollars in July, a record high, which the prime minister described as “good news” as it shows that the economy is recovering, the central ... Wednesday 02-08-2017 02:37 PM Egypt's Minister, Suez Canal's head ink LE 5.5B deal to set up projects Cairo - Minister of Investment and the Head of Suez Canal Economic Zone (SCZone) signed an agreement to build a factory for Egyptian Steel at a total investment of LE 5.5 billion ($307 million), a ... Wednesday 02-08-2017 12:09 AM Nasr: UAE's Emaar plans to pump new investments in Egypt Cairo - Investment and International Cooperation Minister Sahar Nasr had a meeting, on Monday, with Mohammed Alabbar, the founder and Chairman of Emaar Properties PJSC, to discuss pumping new UAE ... Monday 31-07-2017 10:45 PM Egypt to lower customs exchange rate to 16.25 EGP/USD Monday 31-07-2017 08:46 AM 50 vessels transit Suez Canal Cairo - Fifty ships transited the Suez Canal on Thursday, with a total cargo of 2.7 million tons. The south-bound convoy included 22 vessels carrying around one million tons, while the ... Friday 28-07-2017 01:56 PM Joint Egyptian-Jordanian energy firms to be formed Cairo - A series of joint Egyptian-Jordanian energy companies will be established based on recommendations from the Egyptian-Jordanian Business Council. The companies, under study, will be ... Friday 28-07-2017 02:32 AM $660m new investments for 500MW of solar in Egypt Cairo - Member of the World Bank Group, The International Finance Corporation, has approved $660m investments for 500MW of solar projects to be located on Benban solar complex in Egypt. The ... Thursday 27-07-2017 04:18 PM Suez Canal's head holds meeting with African Export–Import Bank Chairman Cairo - Head of Suez Canal Economic Zone (SCZone) Mohab Mamish held a meeting yesterday with African Export–Import Bank (Afreximbank) President Benedict Oramah. Mamish and Oramah discussed ... Thursday 27-07-2017 08:48 AM