Latest in Tag: economic summit Highlight
Latest in Tag: economic summit

Al-Sisi to attend November economic summit in Nicosia with Greek, Cypriot counterparts
The president discussed with the Cabinet preparations of his upcoming visit to France

Wind farm project remains under negotiations: Suez Cement MD
Company is still holding discussions with Egyptian authorities to ensure project is viable to be financed

IFC commits $783m to MENA infrastructure in FY 2014/2015: Egypt director
There is much space for future PPPs in infrastructure, port expansions, and industrial and logistics zones, says Shousha

Over 600 investors, policy makers to participate in Euromoney conference
Ashmore Group looks forward to investments in Egypt, says Middle East director at Euromoney Conference

EGP 14bn in net profits recorded by 135 EGX-registered companies
39 companies recorded EGP 570m in total losses in H1 of 2015

OTMT records net profits of EGP 728m in H1 of 2015
Results mark a 7.7% YoY surge

On nationalism, dry drilling, and patriotic promotion: How the Suez Canal opening was presented to the masses
Describing the drilling of the new canal as “legendary,” state media outlets promise prosperity and effective change.

ABB studies investing in infrastructure, logistics in Suez Canal
ABB studies the plan to invest infrastructure and logistics projects in the Suez Canal projects; we may provide developed ship motors equipment with ABB’s products

EGP 500m to construct solar powered compound
MCR will run global tender to choose company that will be responsible for implementing 1 MW solar power plant

Workers in Al-Sisi’s Egypt’s: Muted by promises of ‘development’
The study stated that Egypt’s investment regime does not place legal restrictions on foreign investors regarding the transfer of profits outside Egypt, nor does it stipulate that investors should reinvest parts of their profits in the country.

Egypt yet to receive Arab deposits: CBE governor
Hisham Ramez’s comments to Reuters come in wake of reports alleging receipt of Kuwait’s $2bn in deposits

€1.2bn total grant aid from EU for 200 projects: EU Ambassador
Egypt needs economic growth for the many not the few, Moran says

Al-Sisi’s risky economic gamble: Egypt’s challenge lies in its present reality, not its potentiality
By Mohammed Nosseir The Egyptian government recently held a very successful Economic Summit. Although the conference was mentored by an Arab country and managed by an international agency, the credit for its success still goes to the Egyptian government for its open-mindedness in this respect. Nevertheless, in my opinion, attracting foreign direct investment (FDI) has …
PPP mechanisms main focus of Government & Developer Summit
The summit, entitled “The new Egyptian experience for reconstruction”, is set to raise the issue of the private sector participating in government mega projects
Egypt created economic DNA after summit: Ezz Al-Arab
Local banks will provide financing using pound, not dollar, for Economic Summit projects, says Federation of Egyptian Banks Chairman
‘Doing Business with Latin America’ conference launched
Sharm El-Sheikh Economic Summit showed how much Egypt can cooperate with Mexico and Latin American states: Fuentes
Egypt, EIB sign declaration of intent to finance developmental projects: International Cooperation Minister
By Mohamed Ayyad During the Economic Summit in mid-March, Egypt signed a declaration of intent with the European Investment Bank (EIB), to finance developmentprojects, said Minister of International Cooperation Nagla Al-Ahwani in a statement Sunday. The declaration with EIB included many sectors in which the bank is willing to fund in the period between 2015-2017. …

Indonesian president invites Al-Sisi to attend Asian/African summit
Egyptian president and Indonesian delegation discuss role of Al-Azhar, as well as economic conditions

A butterfly effect could turn things upside down: Hala Shukrallah
Daily News Egypt spoke to Shukrallah about the future of politics in Egypt, and whether the rule of the military is serving democracy
Talks with international firms renewed for 2nd phase funding: CEO
Mashreq Petroleum pumps EGP 450m in storage project

Armed forces approves height of new investment projects’ lands in Sheikh Zayed
The late Sheikh Zayed Al-Nahyan’s statue to be placed at the entrance of Sheikh Zayed city, says Madbouly

CBE cuts margin to trade US dollar with local lenders
Step seen to further throttle waning black market

Tourism sector will boom in coming period: Travco Egypt managing director
Summit should pass “safely” to validate the conference’s goal

Egypt, Jordan sign gas sector MoU: Petroleum ministry
Discussions held on expanding Iraqi gas pipelines to reach Egypt through Jordan to benefit from Iraq’s oil and gas supply

Saudi, US tourists major spenders in Egypt during 2014: Ministerial Economic Adviser
Ministry of Tourism hopes to raise sector expenditure in Q1 of 2015 to $85, increase tourist numbers to 1.2 million
Egypt’s tourism revival sought at Economic Summit
Luxor and Aswan were excluded from tourist projects at the Economic Summit, says Tourism Chamber Chairman
Ministry of Communications to launch 2 new IT projects
By Mohamed Alaa El-Din The Ministry of Communications and Information Technology offered a tender to supply devices for the electronic document-archiving system for the Information and Decision Support Center (IDSC). According to the ministry, the financial and technical bids will be viewed on 22 March. The ministry also offered a tender to supply the devices …
Lafarge, Orascom sign MoU to manage municipal, agricultural waste
Lafarge Egypt, Ecocem aim to achieve an average fuel substitution rate of 25% by the end of 2015
Al-Sisi, Saudi Prince end summit satisfied, expectant of bilateral relations
Could policies towards the Brotherhood affect the strategic alliance?
Egypt signs $6bn contracts to invest in commercial, food commodities projects
65m tonnes of grains and basic food commodities are expected to be traded annually through Logistic Centre, says Hanafy