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Financials and Investment News

SR207bn US Investments In Saudi Arabia
Saudi Arabia >> 3/21/2018 - The volume of US investments in the Saudi market until Feb. 2018 reached over SR207 billion, according to a report of the Saudi Arabian General Investment Authority (SAGIA).

Some 373 American...
UAE Ambassador Meets Pakistani Minister Of Defence
Egypt >> 3/21/2018 - Egyptian President Abdel-Fattah El-Sisi has signed the amended Capital Market Legislation into law in a presidential decree published by the Official Gazette, according to a Ministry of Investment and...
CIF Receives 18,000 Visitors, Revenues Hit EGP 1.1 Bln.-Official
Egypt >> 3/21/2018 - Director of Cairo International Fair (CIF) Ibrahim el Garhy revealed that the number of the visitors to the fair hit around 180,000, a fact that was registered through tickets that were sold over the ...
Egyptian Maintenance Company to Expand in Asian, African Countries
Egypt >> 3/24/2018 - Petroleum Minister Tarek El Molla said that Egyptian Maintenance Company (EMC) will expand its operations in Iraq, Jordan, Oman, Algeria and Angola to provide petroleum maintenance services.

...
Egypt, Saudi Arabia Sign Contract in Building Industrial Zone in Sadat City
Egypt >> 3/24/2018 - Chairman of the Industrial Development Authority (IDA) Ahmed Abdel Razek and Chief Operating Officer of the Saudi Construction Products Holding Company (CPC) Riad Kiwan signed a contract on the estab...
Abu Dhabi: Tawazun Economic Council Announces Closing of Alfia Fund
United Arab Emirates >> 3/24/2018 - The Tawazun Economic Council announced he closure of Alfia after successfully fulfilling its purpose of serving as an investment fund for defence contractors.

Tareq Abdul Raheem Al Hosani, Ch...
Abu Dhabi: DP World Acquires Stake in Kazakhstan Special Economic Zones
United Arab Emirates >> 3/24/2018 - Global trade enabler DP World and the government of Kazakhstan signed two framework agreements in Abu Dhabi relating to the acquisition, governance and management of Special Economic Zones (SEZ) in Ak...
Abu Dhabi: DP World Acquires Stake in Kazakhstan Special Economic Zones
United Arab Emirates >> 3/24/2018 - Global trade enabler DP World and the government of Kazakhstan signed two framework agreements in Abu Dhabi relating to the acquisition, governance and management of Special Economic Zones (SEZ) in Ak...
Abu Dhabi Ports Signs Agreement with the China Council for the Promotion of International Trade
United Arab Emirates >> 3/24/2018 - Abu Dhabi Ports inked a new agreement with the China Council for the Promotion of International Trade to explore new commercial opportunities between Chinese companies interested in investing in Khali...
Egypt Aims At 5.8% GDP Growth in 2018/19 Budget
Egypt Aims At 5.8% GDP Growth in 2018/19 Budget Egypt >> 3/24/2018 - Egypt’s cabinet approved this week the state’s budget for the 2018/2019 fiscal year, which aims to reach a GDP growth target of 5.8 percent, a slight increase compared to 5.2 percent set in the 2017/2...
Italy's Puglia Governor Meets With UAE Ambassador.
United Arab Emirates >> 3/25/2018 - Michele Emiliano, Governor of Puglia, Italy’s southernmost region, received Saqr Nasser Al Raisi, UAE Ambassador to the Republic of .

Emiliano said that Al Raisi's visit, as well as other eco...
US Approves Egypt’s Economic Reforms
Egypt >> 3/25/2018 - Everyone here praised Egypt’s economic reform programme and recognised the effort needed to make such difficult and bold decisions,” American Chamber of Commerce in Cairo (AmCham) President Tarek Tawf...
Further Privatisations Announced in Egypt
Egypt >> 3/25/2018 - The Finance Ministry announced a list of 23 state-owned companies that will either sell their shares via an initial public offering (IPO) or increase the percentage of their free-floating shares on t...
China’s SAIC Motor Mulls Setting up Car Plant in Egypt
China’s SAIC Motor Mulls Setting up Car Plant in Egypt Egypt >> 3/25/2018 - Minister of Trade and Industry Tarek Kabil met with a delegation from SAIC Motor, China’s largest automaker, where they discussed the company’s intention to build a plant for car manufacturing in Egyp...
Ministry of Industry,Commerce joins hands with Think Smart deliver E Commerce trainings in Bahrain
Bahrain >> 3/25/2018 - The Ministry of Industry, Commerce and Tourism has signed a Memorandum of Understanding with ThinkSmart for Development and Training W.L.L for eCommerce Training Program Courses in the Kingdom Bahrain...
Egyptian PM Meets Supply, Parliamentary Affairs Ministers on Strategic Goods
Egyptian PM Meets Supply, Parliamentary Affairs Ministers on Strategic Goods Egypt >> 3/25/2018 - Prime Minister Sherif Ismail met with Supply and Internal Trade Minister Ali Moselhi to probe the efforts exerted by his ministry to provide strategic commodities and the ongoing coordination among th...
Investment in Youth, "Valuable" For Algeria, Says Prime Minister
Algeria >> 3/26/2018 - Prime Minister Ahmed Ouyahia said in Algiers that addressing youth concerns represented a "major challenge of modern time" but also a "valuable investment" for Algeria in the future.

In his o...
Conference on Digital Economy in MENA Region Opens in Algiers
Algeria >> 3/26/2018 - The Conference on the contribution of digital economy to the growth of the countries of the Middle East and North African region (MENA) opened in Algiers, in the presence of Premier Ahmed Ouyahia and...
His Highness Sheikh Mohamed Bin Zayed and Korean President Attend Signing of Mous.
United Arab Emirates >> 3/26/2018 - The UAE and South Korea signed a number of Memoranda of Understanding, MoUs, to enhance partnerships and cooperation between the two countries.

His Highness Sheikh Mohamed bin Zayed Al Nahyan...
Sudan, Qatar To Sign $4 Bln Deal To Manage Red Sea Port: Ministry
Qatar >> 3/27/2018 - Sudan and Qatar will sign a $4 billion agreement to jointly develop the Red Sea port of Suakin off Sudan’s coast, Sudanese media quoted Transport Minister Makawi Mohamed Awad as saying.

Awad ...

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