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Egypt's GDP Growth Projected to Hit 5.3 Pct by 2019, World Bank Says
Egypt >> 6/13/2017 - Egypt's gross domestic product is projected to grow 5.3 percent by 2019, suggesting the economy of the most populous Arab state is recovering after years of turmoil, the World Bank has said.

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Kuwaiti Stocks Close on Mixed Board
Kuwait >> 6/13/2017 - Kuwait's stock exchange ended trading on mixed board.

The benchmark index went up by 2 points to 6,776 points, while the Weighted KSX 15 index fell 1.08 and 4.68 points respectively.

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Saudi Energy Minister Holds Talks with UN Deputy Secretary General
Saudi Arabia >> 6/13/2017 - Saudi Minister of Energy, Industry and Mineral Resources Khaled bin Abdulaziz Al-Faleh held talks with visiting Deputy Secretary General of the United Nations Amina G. Mohammed.

During the ...
Sahar Nasr: CEO of Siemens Discuss Investment Opportunities at Sczone
Sahar Nasr: CEO of Siemens Discuss Investment Opportunities at Sczone Egypt >> 6/13/2017 - Investment Minister Sahar Nasr currently in Germany as part of an Egyptian delegation led by President Abdel Fattah El Sisi met with Joe Kaeser, CEO of Siemens AG, to discuss investments at the Suez C...
Tarek Kabil: Final Communique of Egyptian-German Business Forum Establishes New Cooperation Phase
Tarek Kabil: Final Communique of Egyptian-German Business Forum Establishes New Cooperation Phase Egypt >> 6/13/2017 - Minister of Trade and Industry Tareq Qabil said the final communiqué of the Egyptian-German business forum establishes a new phase of cooperation based on common interests.

In statements, t...
Dubai Chamber Signs Mou with Souq.Com to Expand Members’ Access to Regional E-Commerce Market
United Arab Emirates >> 6/13/2017 - H.E. Buamim: Chamber will continue to establish new partnerships and initiatives to help businesses keep pace with region’s fast-changing e-commerce.

E-commerce activity seen to account for 1...
Qatar: Economists' View of Qatar Cutoff Is A Little Scary
Qatar >> 6/13/2017 - Experts on international relations typically approach foreign affairs using different tools than economists use.

The analysts with their knowledge rooted in a deep study of a particular coun...
Egypt: Steel Rebar Prices Rise in Egypt after Import Tariffs Imposed
Egypt >> 6/13/2017 - The price of steel rebars used in construction has jumped about 17 percent in Egypt after temporary tariffs on imported rebars from three countries came into effect

The cost of Egyptian rebar...
United Arab Shipping Company Completes Multibillion Dollar Merger Through DIFC
United Arab Emirates >> 6/14/2017 - Dubai International Financial Centre, DIFC, has welcomed Hapag-Lloyd to the centre following the successful completion of its multi-billion Dollar merger with United Arab Shipping Company Limited, UAS...
Kuwait: World Bank Reveals USD 520 Mln for Afghanistan
Kuwait >> 6/14/2017 - The World Bank announced a USD-520-million financing package for Afghanistan "to help the country through a difficult phase in its struggle to end poverty and to signal a long-term commitment to the c...
Qatar Petroleum, Shell Sign LNG Deal
Qatar >> 6/14/2017 - Qatar Petroleum's Wave LNG Solutions and Shell Gas and Power Developments B.V. (Shell) signed a framework agreement to develop liquefied natural gas (LNG) marine fueling or bunkering infrastructure at...
Kuwait: EU Int'l Trade Up By 9 Pct
Kuwait >> 6/15/2017 - From January to April 2017, EU exports of goods to the rest of the world stood at 607 billion euro (USD 678 billion), an increase of 9 percent compared with January-April last year.

EU impor...
UAE Ambassador to Sudan Meets with Sudanese Minister of Investment.
United Arab Emirates >> 6/15/2017 - Hamad Mohammed Humaid Al Junaibi, UAE Ambassador to the Republic of Sudan, has discussed with Mubarak Al-Fadil, Sudanese Minister of Investment, bilateral relations between the two countries and ways ...
Dubai: Daimler Invests in Ride-Hailing Firm Kareem’s Latest Funding Round
United Arab Emirates >> 6/15/2017 - Dubai-based ride hailing firm Careem will step up expansion into new markets after raising $150 million from investors, including German carmaker Daimler and Saudi Arabia's Kingdom Holding.

A...
Egypt: Decision to Scrap Limits on Foreign Cash Transfers Effective as of Today
Egypt: Decision to Scrap Limits on Foreign Cash Transfers Effective as of Today Egypt >> 6/15/2017 - The Governor of the Central Bank of Egypt stressed that the decision to cancel all limits on foreign cash transfers will come into effective as of today.

This means that investors can start a...
Egypt: Inflow of FDI Increases By 12.1% within 9 Months -CBE
Egypt: Inflow of FDI Increases By 12.1% within 9 Months -CBE Egypt >> 6/15/2017 - Inflow of foreign direct investment (FDI) into Egypt from July 2016 until March 2017 increased by 12.1% to register about 10.8 billion dollars against 9.6 billion dollars in the same period of last fi...
UAE Central Bank Announces Raise of Interest Rates Applied to Certificates of Deposits Issuance
United Arab Emirates >> 6/15/2017 - The Central Bank of the UAE has announced that as it will raise interest rates applied to the issuance of its Certificates of Deposits in line with the increase in interest rates on the US Dollar, fo...
Dubai: DP World and Kazakhstan to Build Port Community Trade Corridor
United Arab Emirates >> 6/15/2017 - DP World and the Kazakhstan government have signed two Memorandums of Understanding, MoUs, for the development of a Port Community System,PCS, and to integrate customs processes ahead of the Astana Ec...
Kuwait, Turkish Fms Discuss Bilateral Ties
Kuwait >> 6/15/2017 - Kuwaiti First Deputy Prime Minister and Minister of Foreign Affairs Sheikh Sabah Khaled Al-Hamad Al-Sabah discussed boosting bilateral ties with his Turkish counterpart Mevlut Cavusoglu .

Th...
Egypt's Investment Law Executive Regulations to Be Finalised in 10 Days
Egypt >> 6/17/2017 - Egypt will finalise the executive regulations of a newly issued investment law within seven to 10 days, Investment Minister Sahar Nasr told

The press statements by the minister comes few day...

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