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Morocco Announces Auto Industry Deals Worth $1.45 Bln
Morocco >> 12/12/2017 - Morocco said it had signed deals for 26 auto industry projects worth a total of 1.23 billion euros ($1.45 billion) as it seeks to build its position as an international hub for the sector.

Th...
Abu Dhabi: Central Bank Discusses Operational Plan for 2018
United Arab Emirates >> 12/12/2017 - The Board of Directors of the UAE Central Bank has held its 8th meeting under the chairmanship of Khalifa Mohammed Al Kindi, Chairman of the Board.

During the meeting, the Board discussed the...
Jeddah: Trustbank Amanah to Play a Key Role in Economic Growth
Saudi Arabia >> 12/12/2017 - Islamic banking has made its entry in Suriname with the approval of the Central Bank of Suriname (CBvS) for Islamic products and services in the banking sector.

The official opening of Trustb...
Egypt: Average yields on Egyptian three and seven-year T-bonds fall
Egypt >> 12/12/2017 - The average yield on Egypt's three-year and seven-year treasury bonds fell at an auction central bank data showed.

The average yield on three-year bonds was 16.094 percent, compared with 1...
Bahrain: CBB launches Bahrain FinTech Bay
Bahrain >> 12/13/2017 - The Central Bank of Bahrain (CBB) has announced a partnership officially endorsing the launch of Bahrain FinTech Bay (BFB) and its Fintech initiatives in the Kingdom of Bahrain.

announcemen...
Jordan and World Bank Sign Financial Aid Agreement
Jordan >> 12/13/2017 - Jordan and the World Bank signed a $ 200 million loan and grant agreement from the Bank to support the budget and finance a reform program for the education sector in Jordan.

The agreement w...
Egypt: Moody's Expects Better Performance of Egypt's Bank Sector in 2018
Egypt >> 12/13/2017 - Moody's Corporation expected a better performance of the banking sector in Egypt in 2018.

In its report "Banks -- Africa, 2018 Outlook", Moody's said, "Challenging conditions will most affect...
Egypt, Switzerland Sign Joint Declaration on Strategic Cooperation for 2017-2020.
Egypt >> 12/13/2017 - Egypt and Switzerland have signed a joint declaration for a strategic cooperation program between the two countries for 2017-2020 at a total value of 86 million francs.

Minister of Investment...
Egypt Welcomes Foreign Investments at the Suez Canal Economic Zone
Egypt >> 12/13/2017 - Egypt Welcomes Foreign Investments at the Suez Canal Economic Zone (SCZone), Chairman of the Suez Canal Authority Mohab Mamish said .

All under-construction industrial projects are set up pur...
Dubai Economy Records Brisk Licensing and Registration Activity in November 2017
United Arab Emirates >> 12/13/2017 - The Business Registration & Licensing (BRL) sector in Dubai Economy witnessed a record number of transactions over November 2017, reflecting a strong confidence in the emirate’s competitiveness and su...
Ge Power Announced That It Has Signed an Agreement with Egyptian Electricity Transmission Company
Egypt >> 12/13/2017 - GE Power announced that it has signed an agreement with the Egyptian Electricity Transmission Company (EETC) for the extension of the Gabal El Zayt 22/220 kilovolt (kV) Gas Insulated Substation, conne...
Lebanon: Finance Minister Meets Imf Delegation
Lebanon >> 12/13/2017 - Minister of Finance, Ali Hassan Khalil, met, at his office in the Ministry with a delegation of the International Monetary Fund, chaired by the Fund's Middle East and Central Asia Advisor Chris Jarvis...
Tunisian Industrial Cooperation Monitoring Committee to Meet In Tunis
Tunisia >> 12/13/2017 - Tunisian bilateral Committee in charge of assessing industrial cooperation will take place in Tunis under the co-chairmanship of Minister of Industry and Mines Youcef Yousfi and his Tunisian counterp...
Saudi: Al-Falih Announces Creation of SR30 Billion Export Bank
Saudi Arabia >> 12/13/2017 - Saudi Arabia will establish an export bank with a capital of SR30 billion ($8 billion) to support overseas sales by its industrial and mining projects.

This was announced by Khaled Al-Falih, ...
Saudi: AGF Approves Financing Agricultural Projects
Saudi Arabia >> 12/14/2017 - The Board of Directors of Agricultural Development Fund (AGF) has approved in a meeting chaired by Minister of Environment, Water and Agriculture and Chairman of the Board Engineer Abdulrahman bin Abd...
Egypt: Trade Minister Discusses with Argentine FM Economic Cooperation
Egypt >> 12/14/2017 - Minister of Trade and Industry Tareq Qabil discussed with Argentine Foreign Minister Jorge Faurie the importance of economic cooperation, especially after Egypt officially joined Mercosur which is an ...
DUBAI: UAE and China to Continue Strengthening Investment Cooperation
United Arab Emirates >> 12/14/2017 - The UAE and China are taking bilateral economic relations to a new level, with plans to increase two-way trade beyond the US$46.3 billion mark achieved in 2016 by the end of 2017.

Two-way tra...
Abu Dhabi: Ministry of Economy Heads 6th Meeting of Global Innovation Index Executive Team
United Arab Emirates >> 12/14/2017 - The Executive Team of the Global Innovation Index operating under the UAE National Agenda has held its sixth meeting at the Ministry of Economy’s Dubai HQ.

The session was led by Abdullah Sul...
Qatar Participates In Arab Ministers of Economy and Finance Meeting in Argentina
Qatar >> 12/14/2017 - The State of Qatar, chaired by HE Qatar's Ambassador to Argentina Fahd bin Ibrahim Al Hamad Al Mana, took part in the meeting of Their Excellencies Arab Ministers of Economy and Finance, which was hel...
Dubai Chamber Meets With Key Stakeholders in Azerbaijan
United Arab Emirates >> 12/14/2017 - The Dubai Chamber of Commerce and Industry recently hosted a meeting in Baku which brought together key stakeholders from Azerbaijan’s public and private sectors to explore the potential to boost Duba...

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