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Dubai: Mof Signed Two Agreements on Avoidance Of Double Taxation, and Promotion of Investment
United Arab Emirates >> 2/16/2017 - The Ministry of Finance, MoF, has signed two final agreements on the avoidance of double taxation and the protection and promotion of investment with Burundi.

The agreements came as part of t...
Dubai: UAE Ambassador Meets Kazakhstan's Minister of Investment and Development.
United Arab Emirates >> 2/16/2017 - Dr. Mohammed Ahmed bin Sultan Al Jaber, UAE Ambassador to the Republic of Kazakhstan, has met with Kazakh Minister of Investment and Development, Kasymbek Z.M., at the ministry in Astana.

Sai...
Egypt: Eni, BP Plan More Investment in Egypt than Any Other Country
Egypt >> 2/16/2017 - Eni and BP, Italian and British companies operating in the oil and natural gas excavation field, plan to invest more in Egypt than in any other country over the next five years, Bloomberg news agency ...
Trade Ministry Launches 1st Stage of Industrial Investment Map in Upper Egypt
Trade Ministry Launches 1st Stage of Industrial Investment Map in Upper Egypt Egypt >> 2/18/2017 - Trade and Industry Minister Tarek Qabil said the first stage of industrial investment map of seven Upper Egyptian governorates was launched.

In a statement , the minister said the seven gover...
Egypt: Indonesia Releases Seized Shipments of Citrus
Egypt: Indonesia Releases Seized Shipments of Citrus Egypt >> 2/18/2017 - Egypt's commercial office in Jakarta has obtained an approval from the agricultural quarantine authority in Indonesia to release all seized shipments of citrus that had been exported by an Egyptian co...
Mahlab to Report to Sisi on Saving Egypt's Wealth of Raw Gold
Mahlab to Report to Sisi on Saving Egypt's Wealth of Raw Gold Egypt >> 2/18/2017 - Presidential aide for national and strategic projects Ibrahim Mahlab is scheduled to prepare a report for President Abdel Fattah El Sisi on ways to save Egypt's wealth of raw gold.

Concluding...
Egypt Central Bank Leaves Key Interest Rates Unchanged As Pound Strengthens
Egypt Central Bank Leaves Key Interest Rates Unchanged As Pound Strengthens Egypt >> 2/18/2017 - The Central Bank of Egypt (CBE) left its key interest rates unchanged at a meeting of its Monetary Policy Committee (MPC), holding fire as the pound currency strengthened to its lowest rate versus t...
Sherif Ismail Meets With the Minister of Investment and International Cooperation
Sherif Ismail Meets With the Minister of Investment and International Cooperation Egypt >> 2/18/2017 - In completion of the series of meetings held by Prime Minister Sherif Ismail with the new ministers to become familiarized with their action plans in their ministries during the upcoming period, Eng. ...
Sahar Nasr to CONTINUE EFFORTS to LURE MORE INVESTORS
Sahar Nasr to CONTINUE EFFORTS to LURE MORE INVESTORS Egypt >> 2/19/2017 - Investment and International Cooperation Minister Sahar Nasr said that she will continue efforts to finalize the investment law and measures aiming to facilitate business for investors.

In a ...
Local Development Minister Pledges to Achieve Quantum Leap in Governorates
Egypt >> 2/19/2017 - Local Development Minister Hisham el-Sherif had talks with Prime Minister Sherif Ismail on ways to benefit from advantages of all governorates.

In statements following the meeting, the minist...
United Arab Emirates Sudan Discuss Bilateral Ties.
United Arab Emirates >> 2/19/2017 - H.H. Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs and International Cooperation, received Sudanese Foreign Minister Ibrahim Ahmed Ghandour,

H.H. Sheikh Abdullah bin Zayed...
United Arab Emirates Central Bank Announces Banking Developments
United Arab Emirates >> 2/19/2017 - The UAE Central Bank has announced that the money supply aggregate, M1 (currency in circulation outside banks and monetary deposits in current accounts and call accounts at banks), increased by 1.3 pe...
Sahar Nasr Draft Law of Financial Leasing Discussed by and EFSA’S HEAD
Sahar Nasr Draft Law of Financial Leasing Discussed by and EFSA’S HEAD Egypt >> 2/19/2017 - The Minister of Investment and International Cooperation Dr. Sahar Nasr met with Head of the Egyptian Financial Supervisory Authority (EFSA) Mr. Sherif Samy at GAFI's premises.

The Minister ...
Kuwait: WB Affirms Efficient Public Funds Management Necessary for Development
Kuwait >> 2/20/2017 - Firas Raad, World Bank Country Manager in Kuwait has affirmed that efficient management of public funds is basic for States' economic development.

Inaugurating a conference for the PEFA (Pub...
Dubai : The GCC Commercial Arbitration Center Organize A Training Program to Prepare Arbitrators
United Arab Emirates >> 2/20/2017 - The Abu Dhabi Commercial Conciliation and Arbitration Centre (ADCCAC), an initiative by the Abu Dhabi Chamber of Commerce and Industry, is organizing a program to prepare and habilitate arbitrators in...
Amr el-Garhy Urges More Efforts to Reduce Budget Deficit
Amr el-Garhy Urges More Efforts to Reduce Budget Deficit Egypt >> 2/20/2017 - Finance Minister Amr el-Garhy has called for exerting more efforts to reduce the budget deficit and public debt.

In a statement, the ministry said that Garhy made that statement during his pa...
Sherif Ismail Chairs Meeting of Higher Committee on 1.5mn-Feddan Project
Sherif Ismail Chairs Meeting of Higher Committee on 1.5mn-Feddan Project Egypt >> 2/20/2017 - PM chairs meeting of higher committee on 1.5mn-feddan project Prime Minister Sherif Ismail chaired a meeting of the higher committee supervising a major national project to reclaim 1.5 million feddans...
Egypt's Economic Status 'Weak', Says Head of Parliament's Economic Affairs Committee
Egypt >> 2/20/2017 - Egyptian MP and head of parliament's economic affairs committee Amr Ghallab has described the country's current economic situation as "very weak," but said he expects a decline in prices in the upcomi...
France Ambassador in Cairo Lauds Egypt's Recent Measures to Face Economic Challenges
Egypt >> 2/21/2017 - France's Ambassador to Egypt hailed as brave and important the measures taken by the Egyptian government to face economic challenges and a foreign currency crisis, especially a deal with the Internati...
Egypt Central Bank, Investors Reach Agreement to Settle Pre-Float Credit Lines
Egypt Central Bank, Investors Reach Agreement to Settle Pre-Float Credit Lines Egypt >> 2/21/2017 -  Egypt's central bank has agreed with Egyptian investors to settle credit lines opened before it floated the pound in November, alleviating debts that threatened the closure of some firms, bankers sai...

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