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Financials and Investment News

Adntc Announces Annual Financial Results with Combined Net Profit of Aed64.6 Million
United Arab Emirates >> 4/10/2018 - Abu Dhabi National Takaful Company, ADNTC, has announced its financial results for the year ended 31st December 2017.

The company posted a combined net profit of AED64.6 million for the year ...
Dubai the Ministry of Finance Participates in Joint Meeting of Arab Financial Institutions
United Arab Emirates >> 4/10/2018 - The Ministry of Finance, MoF, is participating in the joint meeting of Arab Financial Institutions currently taking place in Jordan, in a bid to strengthen UAE’s relations with Arab countries and vari...
Abu Dhabi Chamber Discusses Cooperation Relations with Ghana
United Arab Emirates >> 4/10/2018 - His Excellency Ibrahim Al-Mahmoud, 1st Deputy Chairman of the Abu Dhabi Chamber of Commerce and Industry, has received an economic delegation from Ghana at the Chamber’s Tower in Abu Dhabi.

...
Thuraya Holds Its 16th Partner Conference in Dubai
United Arab Emirates >> 4/10/2018 -  Thuraya Telecommunications Company welcomed international and regional delegates from Africa, Asia, Australia, Europe, the GCC and North America to its 16th annual Partner Conference in Dubai.
Egyptian Exports Increased By 28 Pct Increase in Exports to Belgium
Egyptian Exports Increased By 28 Pct Increase in Exports to Belgium Egypt >> 4/10/2018 - Trade between the two countries rose to about €1.6 billion in 2017, up by 11% from 2016.

Minister of Trade and Industry Tarek Kabil said that Egyptian exports increased by 28% in 2017 to reac...
Ajman’s Permanent Committee For Economic Development Holds Forth Meeting in 2018
United Arab Emirates >> 4/10/2018 -  During its fourth meeting in 2018, the Permanent Committee for Economic Development of the Ajman Executive Council, headed by Abdullah Al Muwajai, Chairman of the Committee, presented the progress of...
Dubai: Fujairah Records Gdp of Aed15.4 Billion in 2017
United Arab Emirates >> 4/10/2018 - The Annual Statistical Book 2017 of Fujairah showed that the emirate’s GDP reached AED15.4 billion in 2017.

The value of direct foreign trade amounted to AED6.4 billion, and trade via its fre...
Dubai: His Highness Sheikh Mohammed Bin Rashid Attends Annual Investment Meeting's Opening Session
United Arab Emirates >> 4/10/2018 - His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, launched the e-Platform for Foreign Direct Investment, FDI, established by the UAE Ministry of Ec...
Saudi Arabia And France Sign Deals Worth $18 Bln: Al Arabiya TV
Saudi Arabia >> 4/10/2018 - Saudi Arabia and France signed 20 economic deals worth more than $18 billion, as Saudi Crown Prince Mohammed bin Salman visits Paris, without specifying whether they were full contracts or memorandum...
Egypt To Raise A Maximum Of 2 Billion Euro With Planned Bond
Egypt >> 4/10/2018 - Egypt will raise up to 2 billion euro with its planned dual-tranche bond, which is expected to price later, a document from one of the banks arranging the debt offering showed. The debt sale - Egypt’...
Egypt Selling Bonds worth 2 Billion Euros
Egypt Selling Bonds worth 2 Billion Euros Egypt >> 4/11/2018 - Egypt is selling international bonds valued at 2 billion euros through two tranches, with maturities of eight and 12 years and yield of 4.75 and 5.624 percent.

Egypt’s Finance Minister Amr al...
Almoayed Chambers Appointed Authorized Sponsor on Bahrain Investment Market
Bahrain >> 4/11/2018 -  Bahrain Bourse (BHB) and Almoayed Chambers have signed an agreement to appoint Almoayed Chambers as an Authorised Sponsor on Bahrain Investment Market (BIM), an innovative equity market for growth co...
UAE Participates in AL's Social and Economic Council Preparatory Meeting
United Arab Emirates >> 4/11/2018 - The United Arab Emirates,UAE, today participated in the meeting of the Arab League's Economic and Social Council, which held in Saudi capital, Riyadh, to prepare for the 29th Arab Summit in Saudi Arab...
UAE Ambassador Attends Kazakhstan Investment Conference
United Arab Emirates >> 4/11/2018 - UAE Ambassador to Kazakhstan Dr. Mohammed Ahmed Al Jaber has attended an international conference on investment climate in Astana, Kazakhstan.

Kazakh Minister of Foreign Affairs Kairat Abdrak...
DUBAI Minister of Economy Meets Tatarstan President
United Arab Emirates >> 4/11/2018 - Sultan bin Saeed Al Mansouri, Minister of Economy, discussed with a number of heads of states, prime ministers, ministers of economy and dignitaries means of enhancing the economic and trade ties betw...
UAE Bank Guarantees Amount to AED389.4 Billion in February
United Arab Emirates >> 4/11/2018 - Guarantees provided by the UAE-based banks in February 2018 increased to AED389.4 billion from AED388.98 billion in January, with industry reports expecting a further increase in the value of this fac...
Gulf Stock Markets Subdued in Early Trade, Dubai's Drake & Scull Rebounds
United Arab Emirates >> 4/11/2018 - Gulf stock markets were mostly subdued in early trade , in line with global markets, although builder Drake & Scull (DSI) was strong in Dubai.

The Dubai index was up 0.3 percent as DSI, the m...
Kuwait Bourse Ends Trading in Green Zone
Kuwait >> 4/11/2018 - Boursa Kuwait ended trading in the green zone with the premier market index up 22.93 points to reach 4,812.25 points.

The main market index also rose 1.64 points to stand at 4,865.70 points ...
Jordan, Egypt Sign Agreement to Enhance Investments
Jordan >> 4/11/2018 - State Minister for Investment Affairs and President of the Jordan Investment Commission Muhannad Shehadeh signed with Egyptian Minister of Investment and International Cooperation Sahar Nasr , a Memor...
Egypt Ministry of Trade and Industry Delegation Participates in Annual Investment Meeting in Dubai
Egypt >> 4/11/2018 - The UAE International Investors Council chose Egypt among the top five destinations for UAE investments in the coming period.

A delegation from the Ministry of Trade and Industry took part i...

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