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Financials and Investment News

Kuwait's Trade Surplus with Japan Down 1st Time in 14 Months
Kuwait >> 3/19/2018 - Kuwait's trade surplus with Japan tumbled in February and went down for the first time in 14 months due to weak exports, the Japanese Finance Ministry said .

Kuwaiti overall exports to Japan...
His Highness Amir to Attend, Patronize Kuwait Investment Forum Opening Tom.
Kuwait >> 3/19/2018 - His Highness the Amir Sheikh Sabah Al-Ahmad Al-Jaber Al-Sabah will attend and patronize the opening ceremony of Kuwait Investment Forum, at Al-Tahrir Hall in Bayan Palace at 10: 00 am.
Qatar Up About 1 Pct, Outperforms Lacklustre Gulf Markets
Qatar >> 3/19/2018 - Qatar’s main stock index rose nearly 1 percent as a planned increase in foreign ownership limits boosted blue-chips and helped Doha to outperform the rest of a region weighed down by weak global stoc...
The Dubai World Trade Centre Authority, Has Announced its 2017 Results
United Arab Emirates >> 3/19/2018 - The Dubai World Trade Centre Authority, DWTCA, has announced its 2017 results, which overshot the three-million-visitor milestone for the second consecutive year.
Welcoming a record 3.3 mill...
Dubai’s Non-Oil Foreign Trade Rises to AED1.302 Trillion in 2017
United Arab Emirates >> 3/19/2018 -  Dubai's non-oil foreign trade in 2017 grew AED26 billion to reach AED1.302 trillion compared to AED1.276 trillion in 2016, enhancing Dubai’s position as global hub for trade despite the challenges fa...
H.H. Sheikh Abdullah Bin Zayed Meets UAE Investors Delegation In Cairo.
United Arab Emirates >> 3/19/2018 - H.H. Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs and International Cooperation, has met with the UAE investors delegation participating in the UAE-Egypt Economic Committee’s meeti...
Egypt to Offer Shares in 4-6 State Firms, Raising Up to $850 Mln This Year
Egypt to Offer Shares in 4-6 State Firms, Raising Up to $850 Mln This Year Egypt >> 3/19/2018 - Egypt will float shares in four to six state companies this year, with the aim of raising EGP 12-15 billion ($680-$850 million), Minister of Finance Amr El-Garhy told Reuters .

Shares in stat...
His Highness the Amir Attends, Patronizes Kuwait Investment Forum
Kuwait >> 3/20/2018 - His Highness the Amir Sheikh Sabah Al-Ahmad Al-Jaber Al-Sabah attended and patronized Tuesday the second Kuwait Investment Forum, which is held at Al-Tahrir Hall in Bayan Palace. His Highness the Amir...
Mashreq Bank Drives Innovation With Alipay Payment Partnership
United Arab Emirates >> 3/20/2018 - Mashreq Bank today announced its partnership with Alipay, an online and mobile payment platform operated by Ant Financial Services Group.

The first-of-its-kind association with Alipay, enabl...
Egypt Trade Minister To Attend AU Summit To Launch African Continental Free Trade Area
Egypt Trade Minister To Attend AU Summit To Launch African Continental Free Trade Area Egypt >> 3/20/2018 - Egypt's Trade and Industry Minister Tarek Kabil will participate in an extraordinary African Union Summit in Rwanda’s capital Kigali to sign the African Continental Free Trade Area (CFTA) including 55...
Dubai Investments, Investors to Launch Arkan Bank
United Arab Emirates >> 3/20/2018 - Dubai Investments has announced plans to lead a consortium of investors to launch Arkan Bank, a wholesale Islamic financial institution with an initial paid-up capital of US$100 million. The authorise...
Egypt, Japan Discuss Ties, Cooperation
Egypt >> 3/20/2018 - Assistant Foreign Minister for African Affairs Hamdy Sanad Loza met with Japanese Parliamentary Vice-Minister for Foreign Minister Manabu Horii.

They discussed ways to promote cooperation at...
Bahrain Attends Innovate Finance Global Summit 2018
Bahrain >> 3/20/2018 - The Bahrain Economic Development Board (EDB) participated in the Innovate Finance Global Summit in London, UK.

A senior delegation is at the summit on March 19-20 to showcase investment oppor...
Lebanon: Budget Approval Boosts Confidence, Cedar Conference to Improve Growth
Lebanon >> 3/20/2018 - The government's keenness to approve the budget for 2018 will contribute to boosting confidence, which is in line with the World Bank's recommendations to reduce the deficit," said governor of the Cen...
Algiers: Trade Deficit Down by 96% in January, February 2018
Algeria >> 3/20/2018 - Algeria’s trade deficit reached USD97million in the first two months of 2018 against USD2.33 billion in the same period in 2017, down by USD2.23 billion (96%), said the Algerian Customs.

Exp...
Bahrain Bourse Daily Trading Performance
Bahrain >> 3/20/2018 - Bahrain All Share Index has closed at 1,336.43 points marking a decrease of 4.62 points below the previous closing .

This decrease was due to the fall in the Commercial Banks Sector and Inves...
Bahrain Attends Innovate Finance Global Summit 2018
Bahrain >> 3/20/2018 - The Bahrain Economic Development Board (EDB) participated in the Innovate Finance Global Summit in London, UK.

A senior delegation is at the summit on March 19-20 to showcase investment oppor...
Stronger Non-Oil Growth Drives UAE GDP To 1.5 Percent
United Arab Emirates >> 3/21/2018 - The UAE’s economy expanded by 1.5% in 2017, driven by a 2.9% growth in the non-oil sector, according to the UAE Central Bank annual report released .

The non-hydrocarbon sector’s resiliency w...
Etisalat Approves Full-Year 2017 Dividends Of 80 Fils Per Share
United Arab Emirates >> 3/21/2018 -  Etisalat’s annual general meeting has backed the board’s recommendation to pay full-year 2017 dividends of 80 fils per share and approved the board proposed Buy-back program of 5% of the company’s pa...
UAE Stocks Gain AED5 Billion
United Arab Emirates >> 3/21/2018 - Driven by the newly announced strategic partnership between Aldar and Emaar, the largest property companies on the local market, the UAE stocks posted AED5 billion gains following the session.

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