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Egypt , Tuesday 23 January 2018

News Egypt » Finance: Egypt targets 8-10 flotations of state firms over 18 months: finance minister

News channel or source: https://www.reuters.com/article/us-egypt-economy/egypt-targets-8-10-flotations-of-state-firms-over-18-months-finance-minister-idUSKBN1FA0BC
Publication date: Saturday 20 January 2018

CAIRO (Reuters) - Egypt is looking to offer shares in eight to 10 state companies on the stock exchange over the next 18 months, Finance Minister Amr El-Garhy told Reuters on Sunday, as part of a drive to attract foreign investors. The flotations will be ...

News Egypt » Finance: Egypt's former supply minister cleared in wheat buying scandal

News channel or source: https://www.yahoo.com/news/egypts-former-supply-minister-cleared-wheat-buying-scandal-164446791--finance.html
Publication date: onday 22 January 2018

CAIRO (Reuters) - Egypt's public prosecutor has closed a case against former supply minister Khaled Hanafi for corruption in wheat buying, judicial sources said, clearing him of charges related to a high profile scandal that rocked the world's biggest ...

News Egypt » Finance: 700 local, foreign investors to take part in 3rd Egypt Investment Forum

News channel or source: https://dailynewsegypt.com/2018/01/22/700-local-foreign-investors-take-part-3rd-egypt-investment-forum/
Publication date: onday 22 January 2018

Egypt has posed these opportunities through the Arab-African ... of chairpersons and members of Arab chambers and federations of commerce, heads of banks and financial institutions, investment and trade finance bodies, and some investment and financial ...

News Egypt » Finance: Egypt's finance minister expects inflation rate below 20 pct next month

News channel or source: http://www.nasdaq.com/article/egypts-finance-minister-expects-inflation-rate-below-20-pct-next-month-20180110-00044
Publication date: uesday 09 January 2018

CAIRO, Jan 10 (Reuters) - Egypt's inflation is expected to fall below 20 percent next month and to 10 to 12 percent during 2018, Finance Minister Amr El Garhy said on Wednesday. Annual urban consumer price inflation fell to 21.9 percent in December from 26 ...

News Egypt » Finance: Egypt: 2 presidential hopefuls take aim at el-Sissi's rule

News channel or source: http://www.registercitizen.com/news/world/article/Egypt-2-presidential-hopefuls-take-aim-at-12497297.php
Publication date: Sunday 14 January 2018

"They say Egypt is a quasi-state and that we are very ... but he offered no specifics or how he would finance those measures. Criticism of el-Sisi by Ali, the rights lawyer, was more direct and focused on the difficulties of running against an incumbent ...

News Egypt » Finance: Egypt giant banks build cash

News channel or source: http://renews.biz/109858/egypt-giant-banks-build-cash
Publication date: hursday 18 January 2018

The 262.5MW Ras Ghareb wind farm in Egypt has reached financial close, according to the technical advisor for the project's lenders Mott MacDonald. The project is owned by a consortium of Engie, Toyota Tsusho Corporation, Eurus Energy Holdings Corp and ...

News Egypt » Finance: Telecom Egypt expects sustained growth in 2018

News channel or source: http://www.itwebafrica.com/component/fpss/track/3989/L2VneXB0LzI0MjM0Mi10ZWxlY29tLWVneXB0LWV4cGVjdHMtc3VzdGFpbmVkLWdyb3d0aC1pbi0yMDE4
Publication date: Sunday 14 January 2018

Telecom Egypt has announced the approval by its Board of Directors of a budget for the 2018 financial year which anticipates growth in revenue amongst other positive developments. Ahmed El Beheiry, Group CEO at Telecom Egypt said, "Our investment in our ...

News Egypt » Finance: Acwa to develop $190m solar projects in Egypt

News channel or source: http://www.tradearabia.com/news/IND_335358.html
Publication date: Sunday 14 January 2018

Saudi-based Acwa Power, a major developer, investor and operator of a portfolio of power generation and water desalination plants, has reached financial close of three solar photovoltaic (PV) projects under Round 2 of Egypt's Feed-in tariff programme II.

News Egypt » Finance: Faisal Islamic Bank of Egypt SAE : ratifies financial results ending December 2017

News channel or source: http://www.4-traders.com/FAISAL-ISLAMIC-BANK-OF-EG-9059487/news/Faisal-Islamic-Bank-of-Egypt-SAE-ratifies-financial-results-ending-December-2017-25803919/
Publication date: Saturday 13 January 2018

ArabFinance: Faisal Islamic Bank of Egypt (FAIT) (FAITA) announced in a statement sent to EGX, the Board of Directors was held on January 11. The company's BoD approved unaudited financial results for the fiscal period ending December 2017, which revealed ...