Largest US business delegation visits Kurdistan
October 23, 2012
Source: The Kurdish Globe
President Barzani met separately with a large American delegation and a British delegation to discuss business and investment opportunities in Kurdistan earlier this week. The two delegations, which represent a number of large US and British companies are in Kurdistan to attend this year's Erbil International fair, an annual trade event organized by the KRG to promote investment and business activity in Kurdistan.
Egypt President meets US executives, vows structural reforms
September 10, 2012
Source: Today Online
The face-to-face at Cairo's presidential palace was to introduce companies - many of which already have billions of dollars invested in Egypt - to the new President, who was elected in June. It is part of a four-day mission organised by the US Chamber of Commerce.
U.S. Visit Aims to Spur Egypt Growth
September 9, 2012
Source: The Wall Street Journal
CAIRO—A delegation of more than 100 American business leaders is touring Cairo this week, part of a White House-led effort to burnish Egypt's image as an investment destination and help restore the country's flagging economy. The delegation forms the crux of a wider U.S.-led effort to prevent the economy of Egypt—which Washington sees as an important security ally—from becoming more destabilized.
Egypt Vows Structural Reforms, Meets US Executives
September 9, 2012
Source: Associated Press
The face-to-face at Cairo's presidential palace was organized to introduce companies, many of which already have billions of dollars invested in Egypt, to the new president, who was elected in June. It is part of a four-day mission to Egypt organized by the U.S. Chamber of Commerce. The 49 companies on the trip are looking to secure their investments and expand profits under the new leadership.
Egypt's Morsi Pledges To Respect Pact With Israel
September 9, 2012
Source: Huffington Post
CAIRO — Egypt's Islamist leader vowed to carry out tough structural reforms to overhaul his country's ailing economy and create a better environment for business and investment, participants in a meeting between corporate executives and the president said on Sunday.
U.S. debt relief plan for Egypt could go to Congress soon
September 7, 2012
Source: Reuters
(Reuters) - The Obama administration hopes to go to Congress soon with a plan for using $1 billion in debt relief to help Egypt stabilize its economy and expand its private sector, a senior U.S. State Department official said on Friday. "My hope would be is that we would go to the Congress very shortly with a framework of how we recommend that this money be allocated," U.S. Deputy Secretary of State Thomas Nides told reporters during a conference call to discuss goals for a U.S. business delegation headed to Egypt this weekend.
Marriott Joins Boeing Seeking Trade Assurance on Trip to Egypt
September 6, 2012
Source: Bloomberg
Kyriakidis will be among more than 100 executives from 49 U.S. companies including Exxon Mobil Corp. (XOM), Microsoft Corp. (MSFT), Morgan Stanley (MS) and Pfizer Inc. (PFE) scheduled to participate in what the U.S. Chamber of Commerce said is its largest business delegation ever to visit Egypt. The Washington-based industry group and its affiliate, the U.S.-Egypt Business Council, are leading the Sept. 8-11 trip.
US business leaders to visit Egypt
September 5, 2012
Source: AFP
US Deputy Secretary of State Thomas Nides will on Saturday accompany a major American business delegation visiting Egypt, officials said, as speculation of a major debt cancelation agreement grows. Nides will join the US Chamber of Commerce and more than 100 executives from American companies aiming to promote private sector development in Egypt, the State Department said in a statement Tuesday.
Over 100 US business executives to visit Egypt
September 5, 2012
Source: AFP and Ahram Online
Nides will join the US Chamber of Commerce and more than 100 executives from American companies aiming to promote private sector development in Egypt, the State Department said in a statement Tuesday. The announcement came a day after the New York Times, Reuters and other Western media reported that the United States was weighing a deal with Egypt's new rulers to relieve $1 billion worth of debt.
Senior U.S. diplomat, corporate executives to visit Egypt for business ties
September 5, 2012
Source: Xinhua
WASHINGTON, Sept. 4 (Xinhua) -- U.S. Deputy Secretary of State Thomas Nides will join the American Chamber of Commerce officials and over 100 corporate executives in a visit to Egypt to promote business ties with the Middle East country, the State Department said Tuesday
US sending delegation business leaders to Egypt
September 5, 2012
Source: MENAFN
A delegation of 100 top US company executives and senior officials from the State department and US Chamber of Commerce will travel to Egypt to meet with the country's private sector, the State department announced Tuesday.
U.S. Hones Plans for Big Bailout of Egypt
September 4, 2012
Source: The Wall Street Journal
The debt-relief negotiations come as the U.S. Chamber of Commerce prepares to send a delegation of some 50 American business leaders to Egypt. The delegation, which is set to include regional Middle East heads from companies such as Boeing Co., General Electric Co., Google Inc. and Citigroup Inc., is working in partnership with the U.S. State Department.
U.S. Government Joins Chamber of Commerce in Business Delegation to Cairo
September 4, 2012
Source: Imperial Valley News
Washington, DC - Following on the recent U.S. Government meetings on economic assistance to Cairo, on September 8 Deputy Secretary of State Thomas Nides will join the U.S. Chamber of Commerce and more than 100 U.S. company executives as part of a delegation to promote private sector development in Egypt.
U.S. $1 Billion Debt Relief Plan for Egypt Not New Funds
September 4, 2012
Source: Bloomberg
The U.S.-Egypt Business Council, part of the U.S. Chamber of Commerce, asked participating executives to be “able to discuss their substantive, ongoing or potential, plans for investment and trade with Egypt,” according to the group’s website. The delegation is being led by Lionel Johnson, U.S. Chamber vice president for Turkey, Middle East and North Africa Affairs; G. Steven Farris, council chairman and chairman and chief executive officer of the Apache Corporation (APA); and Gamal Moharam, chairman of the American Chamber of Commerce in Egypt, according to a Chamber of Commerce statement.
US nears deal to cut Egypt debt by $1 billion: Report
September 4, 2012
Source: AFP
The Times said the executives and the officials traveling with them, including Nides, will call on the President Mohamed Morsi's government to make reforms in taxation, bankruptcy and labor laws in order to foster investment. "It's important for the US to give Egypt a reason to look to the West, as well as the East," said Lionel Johnson, the chamber's vice president for the Middle East and North Africa.
To Back Democracy, U.S. Prepares to Cut $1 Billion From Egypt’s Debt
September 3, 2012
Source: The New York Times
Hoping to capitalize on what they see as a ripening investment climate, the State Department and the U.S. Chamber of Commerce will take executives from nearly 50 American companies, like Caterpillar and Xerox, to Cairo beginning Saturday as part of one of the largest trade delegations ever. The officials and executives will urge the government to make changes in taxation, bankruptcy and labor laws to improve the investment climate.
Nearly 50 U.S. Companies to Visit Egypt in Show of Economic Support
August 30, 2012
Source: Dow Jones Newswires
WASHINGTON--Executives from nearly 50 major U.S. companies will head to Egypt next week in a show of commitment to the economy's long-term stability, as part of a White House effort to support the country's democratic transition in the wake of last year's Arab Spring uprising.
Could the next U.S. free trade agreement be with Tunisia?
July 12, 2012
Source: Foreign Policy
U.S. Chamber of Commerce vice president of Middle East and North Africa affairs Lionel Johnson agrees that Tunisia has a lot of potential.
"The Tunisian government is the one in the region that shows the most promise," he told The Cable. "We'd like to see talks begin in early 2013."
New Egyptian leadership brings hope and challenges, experts say
June 25, 2012
Source: UPI
"I think the election result means the return of stability to the economic situation in Egypt." said Lionel Johnson, vice president of Middle East and North America Affairs at the U.S. Chamber of Commerce. "We are going to see a willingness among Egyptians and international communities to work with the new government."
Johnson said the United States is at the forefront of shoring up Egypt's financial sector and should use its influence in the global market to help relieve Egypt's debt pressure.
