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15 Aug 2017

Egypt's Beltone Financial to launch $1bln fixed income fund

Egypt's Beltone Financial will launch a $1 billion investment fund in fixed income instruments in September, its chief executive officer told Reuters on Monday.

The investment"...

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15 Aug 2017

Egypt seeks to strengthen economic relations with Africa in conjunction with Al-Sisi’s visit

Engineer Tarek Kabil, the Minister of Industry and Trade, said that the strength of the geographic and historic relations connecting Egypt to African countries is considered a main factor in developing the trade and economic relations between them, noting that the African market is one of"...

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15 Aug 2017

TREEX targets 1.7 million clients in 2017: chairperson

Thika Company, the organiser of TREEX 2017, expects more than 20,000 visitors to attend the four-day event, according to the expected results of the promotional plan launched by the company, according to the chairperson of the company, Mohamed El Dahshory.

El"...

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15 Aug 2017

Egyptian startup wants to be country’s first bitcoin exchange

The young cryptocurrency startup BitCoin Egypt is planning to launch the first registered bitcoin exchange in the country at the end of August. The co-founders, Rami Khalil and Omar Abdelrasoul, told Bitcoin.com that until now it was a black market in Egypt.

At"...

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15 Aug 2017

Nasr, Mamish discuss DP World plan to beef up investments in SCZone

Investment and International Cooperation Minister Sahar Nasr had a meeting on Monday 14/8/2017 with Chairman of the Suez Canal Authority and the Suez Canal Economic Zone (SCZone) Mohab Mamish to discuss a plan drawn by UAE's DP World to beef up its investments in the SCZone.

The"...

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15 Aug 2017

Nasr: Egypt opens market for Kazakh investors

Investment and International Cooperation Minister Sahar Nasr participated at a seminar held at the Kazakh embassy in Cairo on Wednesday 9/8/2017 to mark the 25th anniversary of establishing Egyptian-Kazakh ties, and underlined the strategic ties and partnership between Egypt and Kazakhstan,"...

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15 Aug 2017

Dubai stocks down on weak earnings; Egypt tests support

Shares of the first family-owned business to list in Qatar slumped yesterday as they began trading, while weak earnings at several companies in Dubai weighed on the stock index there.
Egypt fell for a fifth straight day.
Qatari conglomerate Investment Holding Group tumbled 13%"...

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15 Aug 2017

Sisi calls for closer trade, economic cooperation between Egypt and Tanzania

President Abdel-Fattah El-Sisi praised bilateral relations between Egypt and Tanzania in Dar El-Salam on Monday and called for closer economic and trade cooperation. 'We aspire to reinforce relations between the two countries in order to combat corruption,' El-Sisi said, speaking during a press conference with Tanzanian President John Magufuli in the country’s capital, where he arrived on Monday. El-Sisi said Egypt aspires to increase mutual investments and trade, especially in fields of agriculture, energy, pharmaceuticals,......

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15 Aug 2017

Egypt to spend EGP 3 bln on automated emergency-stop system for trains: Transport minister

Egypt's transportation ministry aims to implement a EGP 3 billion project to equip trains with automated systems for making emergency stops without driver intervention, Transport Minister Hesham Arafat said on Monday.

"...

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15 Aug 2017

Unilever to get more Egyptian women and youth in Delta, Upper Egypt working

Unilever Mashreq, the Dubai-based branch of the European multinational, has signed Monday a cooperation protocol on two projects to bolster women and youth employment in Upper Egypt and Delta.

Signed with Egypt’s"...

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