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Kuwait Bourse Ends Trading on Mixed Board
Kuwait >> 6/4/2017 - Boursa Kuwait, the country's official stock exchange, ended trading on mixed board.

The benchmark went up by 16.83 points to settle 6,830.02 points. The Weighted and KSX 15 indices went dow...
Egypt: Ministry of Finance Sets a General Framework for Application of VAT
Egypt >> 6/4/2017 - Cooperation Protocols Are Signed Between Tax Authority and Egyptian Cinema Industry Chamber, Syndicates of Musicians, Cinema & Theatrical Professions

Mr. Almonayar: The signed protocols co...
Sisi Chairs 1st Meeting of National Payments Council
Sisi Chairs 1st Meeting of National Payments Council Egypt >> 6/4/2017 - President Abdel Fattah El Sisi chaired the first meeting of the National Payments Council.

Attending the meeting were the prime minister, the governor of the Central Bank of Egypt, the head ...
Abu Dhabi Trade in Pearl, Gemstones, Precious Metals Amounts to AED4.7 Billion in Q1, 2017
United Arab Emirates >> 6/4/2017 - The total value of Abu Dhabi's trade in pearl, gemstones and precious metals amounted to AED4.7 billion during the Q1 of 2017 from AED3.3 billion during the corresponding period last year, a growth of...
Qatar Stock Market Tumbles on Diplomatic Rift with Saudi, GCC States
Qatar >> 6/5/2017 - Qatar's stock market plunged after Saudi Arabia, Egypt, the United Arab Emirates and Bahrain severed ties with Doha, accusing it of supporting terrorism.

The Qatari stock index <.QSI> sank 7...
Dubai: Dafza Discusses Cooperation with Saudi Business Cities Authority
United Arab Emirates >> 6/5/2017 - Dubai Airport Freezone Authority (Dafza) has discussed with Saudi Arabia’s Economic Cities Authority (ECA) delegation, ways to strengthen cooperation and expertise exchange in areas of investment and ...
The Central Bank of Egypt Foreign Reserves Up To $ 31.125bn in May
The Central Bank of Egypt Foreign Reserves Up To $ 31.125bn in May Egypt >> 6/5/2017 - The Central Bank of Egypt (CBE) announced = an increase in the foreign currency reserves by 8.6 per cent to reach 31.125 billion dollars by the end of May against 28.64 billion dollars by the end of A...
Egypt: Sherif Ismail Orders Unified Committee in Each Governorate to Manage Restored Lands
Egypt: Sherif Ismail Orders Unified Committee in Each Governorate to Manage Restored Lands Egypt >> 6/5/2017 - Prime Minister Sherif Ismail ordered the formation of a unified committee in each governorate for monitoring the file of encroachment on the State-owned lands in each governorate.

The premier...
Some Egyptian Banks Halt Dealings with Qatari Banks after Diplomatic Rupture
Egypt >> 6/5/2017 - Some Egyptian banks halted dealings with Qatari banks after Cairo's announcement that it had cut diplomatic relations with Qatar for supporting terrorism, though Egypt's central bank urged banks to co...
Egypt: Investments, Justice Ministers Meet on Business Law Amendments
Egypt: Investments, Justice Ministers Meet on Business Law Amendments Egypt >> 6/6/2017 - Investment and International Cooperation Minister Sahar Nasr had a meeting with Justice Minister Hossam Abdel Rahim on proposed amendments to a law on companies.

Nasr said, during the meeti...
Tarek Qabil Egypt Keen on Boosting Coop with Au
Tarek Qabil Egypt Keen on Boosting Coop with Au Egypt >> 6/6/2017 - Minister of Trade and Industry Tareq Qabil said that Egypt is keen on boosting cooperation with the African Union (AU) with the aim of maintaining peace and security in all member states of the Africa...
Dubai: 'E-Trade' Posts 24.7 Percent Growth Since Its Launch
United Arab Emirates >> 6/6/2017 - Women account for 55.8 percent of the holders of trading licences issued under the e-Trader scheme, a licence scheme launched by the Dubai Department of Economic Development, DED, for business done ov...
Egypt: Qatari investments in Egypt are safe
 Egypt: Qatari investments in Egypt are safe Egypt >> 6/7/2017 - Egypt's Minister of Investment and International Cooperation Sahar Nasr said that Qatari investments in Egypt are protected in accordance with Egyptian law, state-owned MENA news agency reported.
<...
Sharjah Chamber of Commerce and Industry Reaches Record 66,000 Registered Members by End of Q1 2017
United Arab Emirates >> 6/7/2017 - Sharjah Chamber of Commerce and Industry has revealed that the number of its registered members has reached a new record of 66,295, after registering 1,607 new companies in the first quarter of 2017.<...
Abu Dhabi: Payment and Remittance Operations Remain Normal
United Arab Emirates >> 6/7/2017 - The UAE Central Bank has announced that all payment and remittance operations remain normal and the UAE financial system is positioned to support this.

The Central Bank of the UAE will contin...
Kuwait: Qatari, German Fms Discuss Bilateral Ties
Kuwait >> 6/7/2017 - Qatari Foreign Minister Sheikh Mohammad bin Abdulrahman Al Thani discussed by phone with his German counterpart Sigmar Gabriel the friendly relations between the two countries.

The conversati...
Morocco: Islamic Banking a Modest Deposit Stimulus in Morocco
Morocco >> 6/8/2017 - Islamic banks, referred to as 'participation banks' in Morocco, are likely to provide a modest stimulus to deposit growth in the country, Fitch Ratings says.

Morocco's central bank granted i...
Egypt: Government Started Setting up Investment Law Executive Statute
Egypt: Government Started Setting up Investment Law Executive Statute Egypt >> 6/8/2017 - The government started to prepare the executive statute of the new investment law, Investment and International Cooperation Minister Sahar Nasr said.

Nasr said In a meeting that the governm...
Qatar Credit Quality to Decline if GCC Tensions Persist
Qatar >> 6/8/2017 - Qatar's credit quality would decline if tensions with its Gulf neighbours continue for much longer, raising the country's debt ratio and hurting banks' liquidity, Moody's ratings agency said

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Qatar Credit Quality to Decline if GCC Tensions Persist
Qatar >> 6/8/2017 - Qatar's credit quality would decline if tensions with its Gulf neighbours continue for much longer, raising the country's debt ratio and hurting banks' liquidity, Moody's ratings agency said

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