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Sherif Ismail Agrees to Form Committee of Public, Private Sectors to Promote Tourism
Sherif Ismail Agrees to Form Committee of Public, Private Sectors to Promote Tourism Egypt >> 2/28/2017 - Prime Minister Sherif Ismail agreed to form a higher committee of government bodies and the private sector to be tasked with drawing up plans to promote tourism.

Ismail took the decision at a...
Dubia: ADFD delegation studies progress of two Bangladesh projects valued at AED225 million
United Arab Emirates >> 2/28/2017 - Abu Dhabi Fund for Development (ADFD) has dispatched a delegation to Bangladesh to review and study the current status of its two funded projects – the Sikalbaha Power Station and the South Asia Sub r...
Egypt lowers customs dollar again to EGP 15.75
Egypt >> 2/28/2017 - Egypt's finance ministry lowered the customs dollar, for the second time in a month, to reach an exchange rate of EGP 15.75 down from EGP 16 in February, effective as of 1 March until mid-March, state...
Egypt's Sisi, Germany's Merkel To Inaugurate First Phase Of Siemens Power Megaproject
Egypt's Sisi, Germany's Merkel To Inaugurate First Phase Of Siemens Power Megaproject Egypt >> 2/28/2017 - Egypt’s President Abdel-Fattah El-Sisi and German Chancellor Angela Merkel will inaugurate the phase of a Siemens megaproject to build three new power plants in Egypt, the German ambassador said.
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Egypt: European Delegations to Visit Cairo for Investment Opportunities
Egypt >> 2/28/2017 - Several European countries have started organizing official visits to Cairo for delegations comprised of investors and businessmen to discuss investment opportunities in the wake of the recent economi...
The National Bank of Egypt Raises Authorized Capital to EGP 50 Bln
Egypt >> 3/1/2017 - The National Bank of Egypt (NBE) general assembly decided to increase the bank's authorized capital by 66.7 percent to hit EGP 50 billion, up from EGP 30 billion.

The decision was taken durin...
Egypt: Dollar Exchange Rate Stable at Five Major Banks
Egypt >> 3/1/2017 - The exchange rate of the US dollar was stable at the five major banks in Egypt

The dollar price stood at EGP 15.70 for buying and 15.75 for selling at the National Bank of Egypt.

...
Sahar Nasr: WB Delegation to Visit Egypt This Month
Sahar Nasr: WB Delegation to Visit Egypt This Month Egypt >> 3/1/2017 - AWorld Bank delegation will be visiting Egypt in the first half of March to get firsthand information about measures to improve the investment climate, said Sahar Nasr, the minister of investment and ...
Egypt Banks Cleared to Repatriate Foreign Firms' Long-Held Profits
Egypt >> 3/1/2017 - Egyptian banks are set to allocate about a quarter of their excess hard currency to foreign firms seeking to repatriate profits, bankers said , helping ease a backlog built up before the country's pou...
Tunisa: Morocco’s Attijariwafa Bank Signs Deals with Ivory Coast Defence Ministry
Tunisia >> 3/1/2017 - Attijariwafa Bank, one of Morocco's biggest banks, has signed two agreements with Ivory Coast's Ministry of Defence, according to a statement from the bank.

The agreements includes participat...
Kuwait, Slovakia Sign Agreements to Bolster Technical, Economic Cooperation
Kuwait >> 3/1/2017 - Kuwait and Slovakia signed an agreement to bolster economic, technical, and commercial cooperation, said a statement by the Kuwaiti embassy.

According to the Kuwaiti Embassy in Bratislava, ...
Dubia: UAE MoFAIC, Argentinian delegation discuss enhancing co-operation.
United Arab Emirates >> 3/1/2017 - Fahad Obaid Al Taffaq, Director of Economic and Trade Affairs at the UAE Ministry of Foreign Affairs and International Cooperation, met with a high-level Argentine delegation comprising Juan Schiarett...
Egypt: World Bank Delegation To Visit Egypt In First Half Of March
Egypt >> 3/1/2017 - Delegates will meet with Egyptian officials to discuss government efforts to revive the country's flagging economy

A senior delegation of the World Bank Group will visit Egypt in the first ha...
Egypt's Economic Reforms Start to Bear Fruit
Egypt >> 3/1/2017 - The Financial Times said that economic reforms in Egypt have started to bear fruit.

According to the publication, Egypt reappeared on the "investors' radar" after reducing the deficit in th...
Sahar Nasr Convenes with EFSA, Bourse Heads
Sahar Nasr Convenes with EFSA, Bourse Heads Egypt >> 3/2/2017 - Investment and International Cooperation Minister Sahar Nasr held a meeting with the heads of the Egyptian Financial Supervisory Authority (EFSA) Sherif Sami and the Egyptian Exchange Mohamed Omran.
Egypt's Eastern Co, Philip Morris Reach Agreement over Arrears
Egypt >> 3/2/2017 - Egypt's top cigarette maker Eastern Company said it had reached an agreement with its international partner Philip Morris for the tobacco giant to pay back outstanding debt and make future payments in...
Tunisian Central Bank Holds Key Interest Rate Unchanged at 4.25 Pct
Tunisia >> 3/2/2017 - Tunisia's central bank has kept its key interest rate unchanged at 4.25 percent, the bank said The bank last cut its main interest rate in October 2015, from 4.75 percent.
Dubai: UAE Islamic Banking Assets Reach AED 520 Billion
United Arab Emirates >> 3/2/2017 - Saif Hadef Al Shamsi, Assistant Governor for Monetary Policy and Financial Stability at the UAE Central Bank, has said that total Islamic banking assets in the UAE have increased to approximately AED5...
Kuwait Bourse Ends in Green Zone
Kuwait >> 3/2/2017 - Kuwait Bourse ended in the green zone as the price index gained 27.31 points reaching 6,767.04 points, the weighted index gained 2.76 points reaching 424.54 points and KSX 15 gained 10.18 points reach...
Sherif Ismail Prime Minister of Egypt Receives UAE Ambassador.
Egypt >> 3/2/2017 - Sherif Ismail, Prime Minister of the Arab Republic of Egypt, received Juma Mubarak Al Junaibi, UAE Ambassador to Egypt and its permanent delegate at the Arab League, at the headquarters of the Egyptia...

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