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Saudi Arabia Set to Raise $12.5 Billion from Dollar Bond Sale
Saudi Arabia >> 9/27/2017 - Saudi Arabia is raising $12.5 billion from its second dollar bond sale this year as the kingdom taps debt markets to bolster its finances amid an economic overhaul.

The government sold $3 bil...
Egypt on Track for Year-End Imf Payment, But 32 Percent Inflation a Worry
Egypt >> 9/27/2017 - Egypt has made a “good start” to its reform programme despite seeking waivers for missing targets in June and a deeper-than-expected currency depreciation, the International Monetary Fund said .
Egypt: US to Grant $100 Million Military Aid to Egypt
Egypt: US to Grant $100 Million Military Aid to Egypt Egypt >> 9/27/2017 - Egypt and the United States have signed new bilateral assistance agreements and amendments worth over US$100 million that support the government of Egypt’s economic reforms, Sustainable Development Pl...
Egypt: Sahar Nasr, Armenian President Discuss Boosting Economic Cooperation
Egypt: Sahar Nasr,  Armenian President Discuss Boosting Economic Cooperation Egypt >> 9/30/2017 - Armenian President Serzh Sargsyan met with Egypt's Investment and International Cooperation Minister Sahar Nasr on ways to boost economic cooperation.

Sargsyan hailed historic and cultural r...
Egypt, Armenia Sign Mou to Support Joint Investments
Egypt, Armenia Sign Mou to Support Joint Investments Egypt >> 9/30/2017 - Egypt and Armenia signed a memorandum of understanding (MoU) to promote joint investments between the two countries, on the sidelines of the 5th session of the Egyptian-Armenian joint committee.
Egypt Achieved Progress in Digital Innovation: Communication Ministry
Egypt >> 9/30/2017 - Egypt has achieved progress and has become a prominent country in the field of digital innovation after jumping 12 global rungs during the current year, Chief Executive Officer of Information Technolo...
Egypt, South Sudanese Sudan Probe Promoting Bilateral Cooperation
Egypt >> 9/30/2017 - Minister of Water Resources and Irrigation Mohamed Abdel Aati has met with his South Sudanese counterpart Sophia Pal Gai along with her accompanying delegation, currently on a visit to Egypt.

...
Finance Ministry Fixes Customs Dollar Exchange Rate at EGP 16 till End of October
Egypt >> 9/30/2017 - Finance Ministry decided to set the customs dollar exchange rate at EGP 16 as of October and for one month.

The dollar exchange rate, which has been stable during the last phase, reached 17.6...
UAE, Costa Rica Explore Prospects for Joint Economic and Trade Cooperation.
United Arab Emirates >> 9/30/2017 - Mohammed Sharaf, Assistant Minister of Foreign Affairs and International Cooperation for Economic and Trade Affair, has met with Manuel Gonzalez, Minister of Foreign Affairs and Worship of Costa Rica,...
Egypt: Finance Ministry Fixes Customs Dollars at LE16
Egypt: Finance Ministry Fixes Customs Dollars at LE16 Egypt >> 10/1/2017 - Egypt will keep a customs dollar rate at a fixed EGP 16 for the month of October effective the first of the month, Finance Minister Amr El-Garhy said .

In September, the customs exchange rate...
Egypt: Trade, Supply Ministers, Saudi's Savola Group Officials Review Boosting Investments
Egypt: Trade, Supply Ministers, Saudi's Savola Group Officials Review Boosting Investments Egypt >> 10/1/2017 - Ministers Tareq Qabil of Trade and Industry and Ali Moselhi of Supply held a meeting with officials from Saudi Arabia's Savola Group on the company's future plans in Egypt, especially with regard to p...
Kuwait: Promoting Kuwait Bourse Tangibly Affects Trades
Kuwait >> 10/1/2017 - Promoting Kuwait bourse tangibly affects trades KUWAIT -- According to Bayan Investment Company, the bourse lost KD 474 million (USD 1.5 billion) of its capital value last week, reaching KD 28.8 billi...
Saudi Down, Kuwait Blue Chips Firm on FTSE Index Decisions
Saudi Arabia >> 10/1/2017 - The Saudi stock index fell in early trade following news that index compiler FTSE had decided to delay including Riyadh in its secondary emerging market index, while Kuwaiti blue chips were strong af...
National Bank of Fujairah Increases UAE Presence with the Opening of a New Branch in Al Ras
United Arab Emirates >> 10/1/2017 - National Bank of Fujairah, NBF, has announced the opening of its new branch at the heart of Dubai’s historic Gold Souk in Al Ras.

The expansion comes in line with NBF’s strategy to strengthen...
Saudi : Custodian of the Two Holy Mosques Inaugurates New Taif Projects
Saudi Arabia >> 10/2/2017 - The Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al Saud inaugurated at Al-Salam Palace here New Taif projects including the new Taif airport, Souq Okaz City, the oasis of technology, t...
Egypt: Nasr Reviews Economic Reforms in Meeting with Development Partners
Egypt: Nasr Reviews Economic Reforms in Meeting with Development Partners Egypt >> 10/2/2017 - Minister of Investment and International Cooperation Sahar Nasr conferred with a number of Egypt's partners in development where they discussed the cooperation action plan and the government's efforts...
Sharjah Chamber Looks Forward to Promoting Trade and Investment With Mexico
United Arab Emirates >> 10/2/2017 - The Sharjah Chamber of Commerce and Industry, SCCI, has held a meeting with the Mexican Ambassador and discussed ways of developing economic and investment relations between the UAE and Mexico, in par...
Jordanian Financial Minister, UAE Ambassador Discuss Cooperation
Jordan >> 10/2/2017 -  Dr. Omar Malhas, Jordanian Minister of Finance, has received Matar Saif Al-Shamsi, UAE Ambassador to the Hashemite Kingdom of Jordan.

During the meeting, which was held at the ministry's hea...
Kuwait: His Highness Crown Prince Hails Kuwait Stock Exchange Emerging Market Feat
Kuwait >> 10/2/2017 - His Highness the Crown Prince Sheikh Nawaf Al-Ahmad Al-Jaber Al-Sabah received Minister of Commerce and Industry and Acting State Minister for Youth Affairs Khaled Al-Roudhan and other state financia...
Egypt’s Foreign Reserves Rise to $36.5 Bin in September: CBE
Egypt’s Foreign Reserves Rise to $36.5 Bin in September: CBE Egypt >> 10/2/2017 - Egypt’s foreign reserves increased to $US36.534 billion in September from $36.143 in August, rising by $391 million, the Central Bank of Egypt (CBE) announced .

In August the CBE said that fo...

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