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Mamish: 70 Vessels Cross Suez Canal In Both Directions
Egypt >> 6/7/2018 - Seventy vessels transited the Suez Canal in both directions on Wednesday carrying a total cargo of 4.5 million tons registering a record in the number of ships and size of cargoes crossing the interna...
Qabil: African Development Bank To Pump New Investments in Egypt
Qabil: African Development Bank To Pump New Investments in Egypt Egypt >> 6/7/2018 - Tarek Qabil, the Minister of Trade and Industry in the caretaker government, asserted the key role played by the African Development Bank in supporting measures to facilitate business and enhance the...
Colombian Amb. In Cairo: Egyptian Market Attractive For Making Investments
Egypt >> 6/7/2018 - "Al-Akhbar" paper conducted an interview with Colombian Ambassador to Cairo Alfonso Soria Mendoza that can be encapsulated as follows:

Relations between Egypt and Colombia are very distinguis...
Stock Markets Slide Ahead of 'Feisty' G7 Summit
Egypt >> 6/8/2018 - World stock markets were mostly lower as investors unwound positions before a Group of Seven summit that could see US President Donald Trump clash with other world leaders over his latest tariff move...
Germany Reiterates Support to Egypt’s Economic Reforms
Germany Reiterates Support to Egypt’s Economic Reforms Egypt >> 6/8/2018 - German Ambassador to Egypt Julius Georg Luy reiterated Berlin’s support to the ambitious economic reforms the Egyptian government has recently put in place.

After his meeting with Investmen...
54 Ships Transit Suez Canal
Egypt >> 6/8/2018 - Fifty-four ships transited Suez Canal , with a total cargo of 3.5 million tons.

The south-bound convoy included 29 vessels carrying 1.8 million tons, while the north-bound convoy included 25...
Trade Exchange Between Egypt, Russia Hits Dlrs 1.664 Billion in 2018 Q1
Egypt >> 6/8/2018 - Russian trade representative in Cairo Nikolai Aslanov said that trade exchange between Egypt and Russia increased 75 percent during the first quarter of 2018 (from January to March 2018), recording 1....
Arab Monetary Fund Approves Loan to Egyptian Smes
Egypt >> 6/8/2018 - The Arab Monetary Fund approved extending a loan to Egypt to support creating a suitable climate for establishing small- and medium-sized enterprises (SMEs).

The decision was taken during th...
Trade Minister Approves Formation of Egyptian-Omani Business Council
Trade Minister Approves Formation of Egyptian-Omani Business Council Egypt >> 6/9/2018 - Trade and Industry Minister Eng. Tareq Qabil formed the businessmen team that will represent Cairo in the Egyptian-Omani business council in the upcoming three years.

The Egyptian side is le...
Military Production Minister, Beni Suef Governor Tackle Joint Projects
Egypt >> 6/9/2018 - Minister of State for Military Production Mohamed Saeed El-Assar discussed with Beni Suef Governor Sherif Habib the latest developments in the project of growing medicinal and aromatic herbs in the g...
Mahlab Reveals State's Plan to Develop Sinai at EGP 250 Billion
Egypt >> 6/9/2018 - Presidential aide for national and strategic projects Ibrahim Mahlab said that the state has allocated a sum of EGP 250 billion for a plan to develop and reconstruct Sinai through projects in various ...
Egyptian Accreditation Recognition of EGAC Major Step to Boost Egyptian Exports
Egypt >> 6/9/2018 - The Egyptian Accreditation Council (EGAC) has successfully passed an evaluation test carried out by the European Accreditation (EA), in a prior step to inking a mutual recognition agreement on accredi...
Bahrain Bourse Daily Trading Performance
Bahrain >> 6/10/2018 - Bahrain All Share Index has closed at 1,274.48 points marking an increase of 10.69 points above the previous closing.

This increase was due to the rise in the Commercial Banks Sector, Investm...
Egypt's Annual Urban Consumer Price Inflation Decreases to 11.4 Percent in May
Egypt >> 6/10/2018 - Egypt’s annual urban consumer price inflation fell to 11.4 percent in May, down from 13.1 percent in April, the official statistics agency CAPMAS said , a bigger fall than the International Monetary F...
Egypt's Central Bank commits to cooperation between African countries
Egypt >> 6/11/2018 - Governor of Egypt’s Central Bank (ECB) Tarek Amer conveyed Egypt’s intention to implement serious steps to strengthen cooperation between African countries.

Speaking on behalf of Egypt's gove...
Investment Min. Attends Signing Of Mou Between ILO, NBK-Egypt
Egypt >> 6/11/2018 - Director-General of the International Labor Organization (ILO)'s Office in Cairo Peter Van Rooij and Managing Director of the National Bank of Kuwait - Egypt (NBK-Egypt) Yasser Ismail Hassan signed a ...
NMC Partnership To Create New Healthcare Platform In Saudi Arabia
Saudi Arabia >> 6/11/2018 - - NMC Health plc, a leading private healthcare operator in the UAE, has announced the signing of a non-binding agreement to form a joint venture healthcare platform with Hassana Investment Company, th...
UAE Maintains Positive Economic Growth
United Arab Emirates >> 6/12/2018 - Sultan bin Saeed Al Mansouri, Minister of Economy, said that preliminary estimates issued by the Federal Competitiveness and Statistics Authority, FCSA, indicate growth in the economic performance of ...
Egypt's Minister of Electricity Announces the Hikes in Electricity Bills
Egypt >> 6/12/2018 - Egypt's Minister of Electricity Mohamed Shaker announced in a press conference new electricity prices for businesses and consumers.

Shaker also presented on the size of the electric power ge...
Bahrain Businesswomen Society Work Purely Economic, Social, Not Political
Bahrain >> 6/12/2018 - Bahrain Businesswomen Society (BBS) President Ahlam Janahi said that the society's work is purely economic and social and not related to politics and that the existing cooperation between the BBS and ...

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