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UAE Becomes Largest Middle East Market
United Arab Emirates >> 4/4/2013 - An upsurge in business has sharply boosted imports by the UAE over the past few years to turn into the largest market in the Middle East although it has one of the smallest populations in the region.<...
UAB: Arab banks' Assets to Hit US$3 Trillion
United Arab Emirates >> 4/4/2013 - The total assets of Arab banks are expected to hit US$3 trillion in 2013, up by more than 13% from US$2.6 in 2012, according to the Secretary General of the Union of Arab Banks (UAB), Wisam Fattouh.
Principled Agreement on IMF Loan
Egypt >> 4/7/2013 - Dr. Ashraf el Arabi, the Minister of Planning and International Cooperation said on 6/4/2013 that talks, which are currently underway with the technical mission of the International Monetary Fund (IMF...
Dr. Hisham Qandil Holds a Meeting
Egypt >> 4/7/2013 - Prime Minister Dr. Hisham Qandil held a meeting on 6/4/2013 to discuss suggestions for developing performance of the National Investment Bank. The meeting was attended by Minister of Planning and Inte...
Egyptian Exports to Canada Hit $515 mn in 2012
Egypt >> 4/7/2013 - Head of the Canadian Chamber of Commerce in Egypt, Fayez Ezz noted the volume of trade exchange rose from $170 million in 2001 to $964.3 million in 2012 with 467% growth rate, adding the trade balance...
Measure for Controlling Forex Market
Egypt >> 4/7/2013 - A host of measures are being implemented with the aim of controlling the foreign exchange (forex) market and curb the increase in the US dollar's exchange rate against the Egyptian pound. These measur...
Fees on Steel Construction Imports Approved
Egypt >> 4/7/2013 - State Council administrative Judiciary approved the decision of Minister of Industry and Foreign Trade, Head of subsidy, dumping and prevention and Head of chamber of metal industries put preemptive f...
Egypt foreign reserves dropped slightly in March
Egypt >> 4/7/2013 - Egypt's Net International Reserves (NIR) fell by around $84 million in March to $13.42 billion, the Central Bank of Egypt (CBE) announced. The NIR has fallen by around $1.6 billion since the beginning...
UAE, Ireland Discuss Cooperation in International Development
United Arab Emirates >> 4/7/2013 - Sheikha Lubna bint Khalid Al Qasimi has received Ciaran Madden, Ambassador of the Republic of Ireland in the UAE, in her office at the Ministry of International Cooperation and Development's headquart...
Arab, Turkish Investors Participate in Suez Canal Corridor Project
Egypt >> 4/8/2013 - Minister of Investment Osama Saleh disclosed that he received requests from a number of Arab and Turkish investors to participate in the establishment of the industrial zone in the Suez Canal corridor...
Arab fund extends loan to finance railways in Egypt
Egypt >> 4/8/2013 - Egypt and the Arab Fund for Economic and Social Development (AFESD) signed a 44-million-Kuwaiti-dinar loan to finance railway electric signals project linking Banha, Zagazig, Ismailia and Port Said.
Feasibility Study to Re-operate Nasr Automotive Company
Egypt >> 4/8/2013 - Military Production Minister Reda Mahmoud Hafez has highlighted the possibility of re-operating El-Nasr Automotive Company, especially because the company has the ability to work immediately.
Market Capital up by EGP1.3bn
Egypt >> 4/8/2013 - The Egyptian Exchange main index increased during the trading session on 7/4/2013 backed by Egyptian institutions' purchases of leading and major companies. The market capital gained EGP1.3bn
New System for Land Allocation in Egypt
Egypt >> 4/8/2013 - Minister of Investment Osama Saleh said the government will shortly reach a settlement with a number of investors who have problems in obtaining lands within the framework of the recent amendments int...
Abdullah bin Zayed Receives Andorra Foreign Minister
United Arab Emirates >> 4/8/2013 - H.H. Sheikh Abdullah bin Zayed Al Nahyan, Foreign Minister, received today Foreign Minister of Andorra Gilbert Saboya Sunye, in presence of Francesco Camp Torres, Andorra Minister of Tourism. During t...
Dr. Mohammed bin Abdulkarim Receives Belgian Ambassador
Saudi Arabia >> 4/8/2013 - The Minister of Justice Sheikh Dr. Mohammed bin Abdulkarim Al-Essa received Belgian Ambassador to the Kingdom of Saudi Arabia Mark Fink. During the meeting, Dr. Al-Essa praised deep-rooted relations b...
Hamad bin Jassim Meets Italian Ambassador
Qatar >> 4/8/2013 - the Prime Minister and Foreign Minister Sheikh Hamad bin Jassim bin Jabor Al Thani met with the Italian Ambassador to Qatar Guido De Sanctis, who called on HE the Premier to great him on the occasion ...
Tareq Wafik : Seized Land will be Restored
Egypt >> 4/9/2013 - Minister of Housing and New Urban Communities Tareq Wafik said on 8/4/2013 the Ministry will get back the land and dwelling units which have been seized during the period of lawlessness, which followe...
Proposals to Adjust Temporary Labor Status Floated in Egypt
Egypt >> 4/9/2013 - Minister of Finance al-Morsy el-Sayed Hegazy said on 8/4/2013 the ministry has prepared a memo to be referred to the Cabinet on conditions of the temporary workers and the proposed mechanisms for impr...
Egypt Stocks Rise after Scrapping of Planned Bourse Tax
Egypt >> 4/9/2013 - Egypt stocks rose in trading on news that a planned tax on stock market dealings – including share dividends, mergers and acquisitions – had been cancelled. Shareholders will be refunded for taxes lev...

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