Egypt’s Annual Urban Inflation Falls to 31.9 % in August

• Monday, 11th September 2017
• by Invest Gate

Egypt’s inflation indicators eased slightly in August compared to record-high figures registered in July

Egypt’s Stock Exchange to Reduce Trading Halt Time

• Monday, 11th September 2017
• by Invest Gate

Egypt's financial regulator has approved the stock exchange's decision to reduce trading halt times to 15 minutes, down from 30 minutes, as of Tuesday's session, the exchange said on Monday, in an effort to boost market activity

CI Ratings upgrades Egypt’s ratings

• Thursday, 7th September 2017
• by Farah Montasser

Capital Intelligence Ratings (CI Ratings) upgraded on September 1 Egypt's sovereign ratings

Egypt Gets USD 116 mn from EBRD to Build Two Power Plants 

• Wednesday, 23rd August 2017
• by Menna A. Farouk

The European Bank for Reconstruction and Development (EBRD) and Proparco grant Egypt a loan worth USD 116 mn to build two power plants, Invest-Gate reports.

Damietta Furniture City, Al Hokair to Establish Joint Projects

• Tuesday, 22nd August 2017
• by Yasmin El-Beih

Damietta Furniture City Company and Abdulmohsen Al Hokair Group sign a memorandum of understanding to establish a number of projects in Damietta, Al Arabiya news website reports.

Cairo Hosts 22nd Euromoney Conf on Sept 18

• Tuesday, 22nd August 2017
• by Yasmin El-Beih

Cairo will host the investment international conference Euromoney on Sept 18-19, gathering a wide range of investors, policymakers, and officials to discuss recent businesses issues and investment opportunities in Egypt, Invest-Gate reports.

Nasr: Approved New Law to Lure More Investments

• Sunday, 20th August 2017
• by Menna A. Farouk

Investment and International Cooperation Minister Sahar Nasr says executive regulations to the new investment law aim to attract more investments to the country by providing the suitable climate, Invest-Gate reports.

Egypt, AFDB Discuss Program to Support Infrastructure Projects

• Sunday, 20th August 2017
• by Menna A. Farouk

The Egyptian government is in discussions with the African Development Bank (AFDB) for a program worth USD 3 bn planned for 2015-2019, aiming to support Egypt's infrastructure projects, Invest-Gate reports.

WB Team to Visit Egypt Aug 20 for Loan Discussions

• Wednesday, 16th August 2017
• by Menna A. Farouk

A World Bank delegation is to visit Egypt on August 20-24 to reimburse the third tranche of a loan that aims at supporting Egypt's social and economic development program, Invest-Gate reports.

Hilton Worldwide Plans to Expand in Egypt

• Thursday, 10th August 2017
• by Menna A. Farouk

Hilton Worldwide plans to nearly double the number of its hotels in Egypt within the next seven to 10 years as tourism returns to its levels, Reuters reports.