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DHABI: Ministry of Economy Chairs Trade Delegation to UAE-Moldovan Business Forum
United Arab Emirates >> 2/6/2017 - The Ministry of Economy is to lead a trade delegation to the UAE-Moldovan Business Forum, which is taking place on 8th and 9th February, in the Moldovan capital, Chisinau.

The UAE delegation ...
Dubai outperforms early on in otherwise lethargic Gulf
United Arab Emirates >> 2/6/2017 - Most stock markets in the Gulf moved little in early trade because of flat global equity markets and crude oil prices, but Dubai outperformed on the back of advances in mid-to-large sized companies.
The Central Bank of Egypt Foreign reserve up to Dollars 26.3bn in January
The Central Bank of Egypt Foreign reserve up to Dollars 26.3bn in January Egypt >> 2/6/2017 - The Central Bank of Egypt (CBE) announced an increase in the foreign currency reserve by 2.1 billion dollars in January to reach 26.3 billion dollars against 24.2 billion dollars in December 2016.
Egypt's Foreign Reserves Rise to US$26.363 Bin at End of January
Egypt >> 2/6/2017 - Egypt's net foreign reserves rose to US$26.363 billion at the end of January from US$24.265 billion as of the end of December, the central bank said

The country had roughly US$36 billion in ...
Egypt, Indonesia Prepare for 6th Higher Committee Meetings
Egypt, Indonesia Prepare for 6th Higher Committee Meetings Egypt >> 2/6/2017 - International Cooperation Minister Sahar Nasr received Indonesian Foreign Minister Retno Marsudi in the presence of Indonesian Ambassador to Egypt Helmi Fawzi.

They discussed preparations for...
Kuwait Bourse Ends Trading in Sharp Decline
Kuwait >> 2/7/2017 - Trading at Kuwait Bourse ended trading in the red zone with a remarkable drop in the price index which shed 118.68 points to settle at 6,583.05 points.

The weighted index went down by 2.27 ...
Money Transfers by Egyptian Expats Increases to 4.6 Bin Dollars in Q4 Of 2016
Money Transfers by Egyptian Expats Increases to 4.6 Bin Dollars in Q4 Of 2016 Egypt >> 2/7/2017 - The Central Bank of Egypt (CBE) said that money transfers by Egyptians abroad rose 500 million dollars to reach 4.6 billion dollars in the fourth quarter of 2016, compared to 4.1 billion dollars a ye...
Fao Lauds Cooperation with Egypt in Training Djiboutian Irrigation Cadres
Egypt >> 2/7/2017 - Egypt’s Ambassador to Djibouti Ahmed Adel Sobhi took part in a meeting organized by the UN Food and Agriculture Organization (FAO) office in Djibouti to review the outcome of training a number of Djib...
GCC-Turkey Partnership Vital For Economic Development - UAE Minister
United Arab Emirates >> 2/7/2017 - UAE Minister of Economy Sultan Al-Mansoori stressed on the importance of the partnership between the Gulf countries and Turkey to boost economic development in the region.

In a joint confere...
Egypt: Remittances Rise 15.4 Pct Year-on-Year Following EGP Flotation
Egypt: Remittances Rise 15.4 Pct Year-on-Year Following EGP Flotation Egypt >> 2/7/2017 - Remittances sent to Egypt by nationals abroad grew by 15.4 percent to $1.6 billion in December 2016 compared to the same month of the previous year, the Central Bank of Egypt stated

Accordin...
Sherif Ismail Reviews Plan to Develop Agricultural Bank of Egypt
Sherif Ismail Reviews Plan to Develop Agricultural Bank of Egypt Egypt >> 2/8/2017 - Prime Minister Sherif Ismail chaired a meeting to discuss the government’s plan to restructure the Agricultural Bank of Egypt.

The meeting was attended by the governor of the Central Bank of ...
The Central Bank of Egypt Foreigners' Purchases in Egyptian Treasury Bills Hit New High Since 2011
The Central Bank of Egypt Foreigners' Purchases in Egyptian Treasury Bills Hit New High Since 2011 Egypt >> 2/8/2017 - The Central Bank of Egypt (CBE) said that foreign investors continued to pump new investments in the government's treasury bills in January this year for the third month in a row after the pound was ...
Egypt bourse approves listing of Banque du Caire
Egypt bourse approves listing of Banque du Caire Egypt >> 2/8/2017 - Egypt's bourse has approved the listing of state-owned Banque du Caire, a statement from the bourse said.

Banque du Caire applied to list on the Egyptian exchange with a capital of 2.25 billi...
The Central Bank of Egypt Foreign Currency Reserves Can Cover 6 Months of Imports
The Central Bank of Egypt Foreign Currency Reserves Can Cover 6 Months of Imports Egypt >> 2/8/2017 - The foreign currency reserves at the Central Bank of Egypt (CBE) are able to cover Egypt's imports for a period of six months as of the end of January, after Egypt's net foreign reserves rose to US$26...
Egypt: Matrouh Governor Signs Final Contracts for 3 Major Investment Projects
Egypt >> 2/8/2017 - Matrouh Governor Alaa Abu Zeid signed the final contracts of three major investment projects worth 2 billion pound in the fields of tourism and urban development.

The initial contracts were ...
Dubai Chamber Hosts Workshop on Drafting Business Contracts
United Arab Emirates >> 2/8/2017 - As part of its efforts to support the growth and development of Dubai’s business community, the Dubai Chamber of Commerce and Industry, DCCI, recently organised a workshop to raise awareness on the le...
Dubai: UAE Ambassador Meets Kazakhstan's Minister of Investment and Development.
United Arab Emirates >> 2/8/2017 - UAE Ambassador to Astana Dr. Mohammed Ahmed bin Sultan Al Jaber, met here with Kazakh Minister of Investment and Development Zhenis Kassymbek.

The meeting discussed bilateral relations and wa...
Egyptian Stock Exchange Approves Banque Du Caire Request for IPO
Egyptian Stock Exchange Approves Banque Du Caire Request for IPO Egypt >> 2/8/2017 - The Egyptian Stock Exchange approved a request filed by Banque Du Caire, one of Egypt's largest and oldest public lenders, to offer its shares through an initial public offering (IPO) with a capital ...
Egyptian Parlt Delegation Inaugurates Egyptian Pavilion in Berlin Fruit Logistica 2017
Egypt >> 2/9/2017 - A 12-member Egyptian parliamentary delegation and Egyptian Ambassador in Germany Badr Abdel Aati inaugurated the Egyptian pavilion in an exhibition for vegetables and fruits in Berlin known as Fruit L...
Kuwait's United Ahli Bank Earns KD 40.3 Mln
Kuwait >> 2/9/2017 - The United Ahli Bank posted net earnings at KD 40.3 million (25.9 fils per share) in 2016, compared to KD 42.8 million (27.4 fps) in 2015, it said.

Shareholders' equity amounted, last year, ...

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