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Egypt: Two Committees Formed to Help Remove Obstacles Facing Investors
Egypt: Two Committees Formed to Help Remove Obstacles Facing Investors Egypt >> 8/4/2018 - Minister of Investment and International Cooperation Sahar Nasr said that she has formed two joint committees from the Ministry of Finance and the Ministry of Trade and Industry for coordination to r...
Trade Envoy: UK Companies Seek to Share Experience with Egyptian Gov't
Egypt >> 8/4/2018 - UK trade envoy to Egypt Sir Jeffrey Donaldson said British companies representatives, who accompanied him during his recent visit to Cairo, are seeking an opportunity to share their experience with t...
Egypt to Conclude Economic Reform Program by 2019
Egypt >> 8/5/2018 - The Executive Director of the International Monetary Fund (IMF) Hazim al-Beblawi announced on Saturday that the current fiscal year of 2018/2019 would see the reform program completed after the three ...
The World Bank, IMF, IFC Hail Egypt’s Economic Reform Program
Egypt >> 8/5/2018 - The World Bank (WB), the International Monetary Fund (IMF) and the International Finance Corporation (IFC) have hailed economic reforms carried out by Egypt to improve its investment climate through r...
Annual Meetings of African Caucus for WB, IMF Kicked Off
Egypt >> 8/5/2018 - Annual meetings of the African Caucus for the World Bank (WB) and the International Monetary Fund (IMF) kicked off in the Red Sea resort of Sharm El Sheikh under the patronage of Prime Minister Moust...
Sisi Laid Down Ambitious Vision for Placing Egyptian Economy on Right Track
Sisi Laid Down Ambitious Vision for Placing Egyptian Economy on Right Track Egypt >> 8/5/2018 - Investment and International Cooperation Minister Sahar Nasr said President Abdel Fattah El Sisi has laid down an ambitious vision for a comprehensive socio-economic reform program to build a powerful...
Meeting of African Governors Caucus Opens in Egypt’s Sharm El-Sheikh
Egypt >> 8/5/2018 - The 2018 annual meeting of the African Governors Caucus kicked off in Sharm El-Sheikh under the auspices of Prime Minister Mostafa Madbouly and attended by senior representatives of the International...
Egyptian Real Estate Tax Deadline on 15 August
Egypt >> 8/5/2018 - The deadline for Egyptian property owners to pay an annual real estate tax expires in 10 days, after which fines will be levied, announced the finance ministry .

The ministry denied social me...
Egypt's IPF to Reduce Fees Paid by Investors by 50 Pct
Egypt >> 8/5/2018 - An agreement has been reached with the Investor Protection Fund (IPF) to reduce by 50 percent fees paid by investors, the chairman of the Financial Regulatory Authority (FRA) has said.

Addres...
Dubai Chamber Strengthens Global Presence with Opening of India Office
United Arab Emirates >> 8/5/2018 - The Dubai Chamber of Commerce and Industry has announced the opening of its new representative office in India, which will be tasked with identifying new business opportunities, attracting Indian comp...
Bahrain Bourse Daily Trading Performance
Bahrain >> 8/5/2018 - Bahrain All Share Index has closed at 1,353.74 points marking an increase of 4.57 points above the previous closing.

This increase was due to the rise in the Commercial Banks Sector, Investme...
IFC to Support Egyptian Private Sector with $2bn Until 2019
Egypt >> 8/6/2018 - Sergio Pimenta, Vice President of the International Finance Corporation for the Middle East and Africa, has voiced confidence in the Egyptian economy and Cairo's economic and social program.

...
On The Third Anniversary of the Inauguration of the New Suez Canal Has Been Necessity
Egypt >> 8/6/2018 -  Reported that SCA head Mohab Mamish affirmed that the new suez canal has been an inevitable project and it has proved that Egyptians are capable of coming back to power.

He stated that the ...
PM: Govt Keen on Building Egyptian Citizen
Egypt >> 8/6/2018 - Prime Minister Moustafa Madbouli said that the government is keen on building the Egyptian citizen and fostering their capabilities and skills to meet the local market's needs of manpower in the IT se...
Sisi Holds Meeting to Follow Up Work Progress on 3rd Line of Metro
Sisi Holds Meeting to Follow Up Work Progress on 3rd Line of Metro Egypt >> 8/6/2018 - President Abdel Fattah El Sisi held a meeting to follow up the work progress in implementing the fourth stage of the third line of the Underground Metro. The meeting was attended by Prime Minister ...
Egypt's Foreign Debt Reached $88.2 Billion by End of March
Egypt's Foreign Debt Reached $88.2 Billion by End of March Egypt >> 8/6/2018 - The Central Bank of Egypt (CBE) said in a statement that the country's foreign debt has reached $88.2 billion at the end of March 2018, a $9.1 billion or an 11.6% increase since the end of June 2017....
World Bank, IMF Urge Africans to Ease Private Investment Access
Kuwait >> 8/6/2018 - The World Bank and the International Monetary Fund (IMF) urged African countries to remove barriers to private sector investment, encourage small and mid-sized enterprises and adopt integrated polici...
CBE: Deposits In Banks Rise To LE 3.525 Trillion By End Of April
Egypt >> 8/7/2018 - The total deposits in banking system, excluding the CBE, increased by LE 41 billion to hit LE 3.525 trillion by the end of April, up from 3.484 trillion in March, the Central Bank of Egypt (CBE) said ...
Euromoney hosts Sahar Nasr as main speaker in 23rd conference
Egypt >> 8/7/2018 - The Euromoney Egypt Conference chose Minister of Investment and International Cooperation Sahar Nasr as a main speaker during its activities, slated for the period September 4-5,2018.

Held u...
Saudi Sovereign Fund PIF Has Bought A Below 5 Pct Stake in Tesla
Saint Lucia >> 8/7/2018 - Public Investment Fund, Saudi Arabia's sovereign wealth fund, has bought a minority stake in Tesla at just below 5 percent, a source familiar with the matter said

PIF did not immediately res...

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