Latest in Tag: suez canal Highlight
Latest in Tag: suez canal
Saudi Arabian firm investing in Suez Canal targets EGP 300bn in capital: Sheikh Kamel
Egyptian government looks to solve problems with Saudi investors
Fear, violence and hardship part of everyday life in volatile North Sinai town
Residents of Al-Arish are caught in the fight between militants and the military
Egypt, China set to launch strategic partnership
President Al-Sisi scheduled for China visit in December
Egypt begins transformation into global logistics centre for grain handling: Prime minister
Mehleb says the project is as important as the Suez Canal expansion
EBRD invests $713m in 15 projects in Egypt: Philip ter Woort
Bank meeting with consultancy firm to consider supporting Suez Canal Corridor projects, bank’s Egypt Director
Sarie-Eldin to give legal advice to Dar Al-Handasah alliance supervising Suez Canal economic development
Group developing industrial hub through 6 axes
Personal savings dominate Suez Canal certificates’ purchases: Baseera
42% used money kept at home, 38% used bank savings, 13% used Egypt Post savings
EGP 19bn of Suez Canal annual revenues allocated for interest, investment certificates: Finance minister
Handy Kadry Dimian said that the canal revenues will increase to nearly EGP 60bn by the end of 2023
Purchases of investment certificates divided as 82% citizens, 18% institutions: CBE governor
Egypt post collected EGP 730m from 250,000 Egyptians, governor says
World Bank delegation to visit Cairo in 2 weeks to address business climate: Investment minister
New guarantees from World Bank for international investors in Egypt for energy, mining and the Suez Canal
National Bank of Egypt hopes to open 200 new branches within 3 years
EGP 150m total savings for bank clients with platinum certificates
“There is no bond market in Egypt, and any talk of it is ‘pure fantasy.’”
Helal added that increasing the variety of investment packages could attract 50 times more investors than are currently contributing to the project, in addition to creating a broader class of financially literate investors.
Shoukry calls on Spanish counterpart to participate in Egypt’s conference to support economy
Shoukry meets with Spanish FM to discuss bilateral relations during ministerial conference in Madrid
Egypt can still attract foreign investment of $10bn in 2014-15: Investment minister
Ashraf Salman says energy investment is top priority
Sobhi meets French counterpart to exchange views on regional security
Defence ministers and Egyptian chief of staff discussed cooperation in various fields and latest developments
President Abdel Fattah Al-Sisi to Daily News Egypt: Egypt’s Blueprint for Stability, Investment and Growth
Growing confidence also rests on the structural reforms the government has already implemented – as well as on the many additional reforms still in the pipeline – to correct fundamental deficiencies in our economy.
Government to allocate budget revenues in CBE to Suez Canal investment certificates
Ministry of Finance says move comes to ease pressure on the general budget or the Suez Canal Authority after five years
Suez Canal certificates on sale for second day
The CBE has so far issued 7m investment certificates out of the planned 60m, said Ramez, adding that the bank is still discussing the date of issuing dollar-dominated certificates.
Council of scholars to provide ‘strategic vision’ for Egypt: Al-Sisi
President says scientific experts can provide a vision for Egypt’s future
WTO supports Suez Canal project: Director General
Roberto Azevedo scheduled to meet President Abdel Fattah Al-Sisi on Tuesday
UPDATE: Banque du Caire receives Suez Canal investment certificates
Cooperation protocol between the Suez Canal Authority, banks and the Ministry of Finance expected to be signed on Tuesday.
Al-Sisi approves Suez Canal investment certificates law
Cooperation protocol between the Suez Canal Authority, banks and the Ministry of Finance expected to be signed on Tuesday.
6m tax-exempted Suez Canal investment certificates to be issued: CBE governor
Following the presidential approval of the Suez Canal investment certificate law, protocol to be signed between CBE, four public banks and the Suez Canal Authority
Public banking exemption from Suez Canal certificates ‘necessary’ to maintain liquidity’: Arabiya Online chair
The government’s drive to fund the Suez Canal project through investment certificates is raising fears that private sector banking will be pushed out
How does Al-Sisi expand the scope of his supporters?
In our previous article, we explained how President Abdel Fattah Al-Sisi began his journey to power, claiming that his rise was based on two main forces: first, the armed forces, and second, the pro-Al-Sisi mood that has considered him to be the most capable person to provide security and stability after removing the Muslim Brotherhood. …
New ‘quartet committee’ to regulate financing and implementation of Suez Canal project
Government seeks to complete the development of the Suez Canal on schedule within its efforts to increase resources and reduce unemployment
Al Qalaa targets 25% revenue growth, $700m from noncore industries’ exit: Hisham El-Khazindar
Company expected to announce details on new exit before the end of 2014, according to co-founder and managing director
Suez Canal development project studies to begin next week: Dar Al-Handasah official
Studies will include data collection and objective setting, director of operations at Dar Al-Handasah says
Suez Canal investment certificates issued within next week: CBE governor
$0.5bn repaid to Qatar at beginning of October, said Hisham Ramez
Suez Canal investment certificates announced Monday: Finance ministry official
The official expected the certificates to collect between EGP 30bn and EGP 40bn