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Ministry Of Finance Issues a Circular on Collecting and Supplying (Table) Tax Enforced Under VAT Law
Egypt >> 9/26/2018 - In attempt to facilitate and simplify procedures of VAT collecting, Ministry of Finance issues circular no. 113/2018 on procedures of collecting and supplying (table) tax, effected under VAT Law issu...
Finance Bill 2019: No New Taxes, Slight Rise in Budgetary Revenues
Algeria >> 9/26/2018 - The finance bill 2019, adopted by the Council of Ministers, does not contain any new tax and foresees a slight increase in budgetary revenues and operational budget.
Sisi Inspects Egypt Investment Pavilion at UN General Assembly
Sisi Inspects Egypt Investment Pavilion at UN General Assembly Egypt >> 9/27/2018 - President Abdel Fattah El Sisi inspected the Egyptian investment pavilion set up by the Egyptian government at the corridors leading to the UN General Assembly meeting hall.

This came before...
Italian PM Praises Egypt's Economic Reforms and Achievements in Many Fields
Egypt >> 9/27/2018 - Italian Prime Minister Giuseppe Conte praised Egypt's economic reforms and achievements in many fields, most particularly the major projects that it is implementing to attain economic and social progr...
Central Bank of the UAE Raises Interest Rates to Its Certificates of Deposits
United Arab Emirates >> 9/27/2018 - The Central Bank of the UAE, CBUAE, has announced that, effective , 2018, it will raise interest rates applied to the issuance of its Certificates of Deposits in line with the increase in interest rat...
Abu Dhabi Ports Showcases KIZAD Logistics City to Global Industry at FIATA World Congress
United Arab Emirates >> 9/27/2018 - Abu Dhabi Ports and its business subsidiary, Khalifa Industrial Zone Abu Dhabi (KIZAD), showcased their innovative logistics products at FIATA World Congress this week.

The entities are Gold ...
Saudi Arabia Unveils Riviera of the Middle East
Saudi Arabia >> 9/27/2018 - The Public Investment Fund (PIF) of Saudi Arabia, has announced the launch of Amaala which will become an uber-luxury destination on the northwestern coast of Saudi Arabia.

It aims to create...
Bahrain Bourse Daily Trading Report
Bahrain >> 9/27/2018 -  Bahrain All Share Index has closed at 1,348.60 points marking a decrease of 1.55 points below the previous closing .

This decrease was due to the fall in the Commercial Banks Sector, and ...
Egypt Receives Final Third of 1.5 Billion Loan from African Development Bank
Egypt Receives Final Third of 1.5 Billion Loan from African Development Bank Egypt >> 9/28/2018 - The final $500 million tranche was received by Egypt as part of a $1.5 billion African Development Bank (AfDB) loan in support of the country’s economic and social reform programme, a statement by the...
Egypt's Bourse Gains 21.9 Billion Pounds in Week
Egypt's Bourse Gains 21.9 Billion Pounds in Week French Southern Territories >> 9/28/2018 - The Egyptian Exchange (EGX) gained 21.9 billion pounds this week as the market capital went up 2.8 percent to 801.9 billion pounds compared to 780.1 billion pounds in the previous week.

The E...
Egyptian Investment Pavilion in New York Sees High Turnout
Egypt >> 9/28/2018 - The Egyptian investment pavilion, which was erected on the sidelines of the 73rd session of the UN General Assembly, has seen a high turnout from member states at the UN.

President Abdel Fatt...
Int'l Praise to Egypt's Investment Pavilion in UN
Int'l Praise to Egypt's Investment Pavilion in UN Egypt >> 9/28/2018 - Egypt's investment pavilion witnessed a huge turnout by member countries in the United Nations (UN) after President Abdel Fattah El Sisi visited it in the presence of Investment and International Coop...
The Central Bank of Egypt Keeps Interest Rates on Deposits, Loans Unchanged
The Central Bank of Egypt Keeps Interest Rates on Deposits, Loans Unchanged Egypt >> 9/28/2018 - The Central Bank of Egypt decided to stabilize the interest rate for one night on deposits and loans at 16.75 and 17.75 percent respectively.

The decision was made by the CBE Monetary Policy...
IMF Disburses $245 Mln Loan Tranche to Tunisia
Tunisia >> 9/28/2018 - The International Monetary Fund approved the payment of a $245 million loan tranche to Tunisia, the fifth under its loan programme with the North African country.

The loan programme is tied ...
Egypt between Two Economic Crises
Egypt >> 9/29/2018 - It has been 10 years since the world financial crisis, the gravest financial downturn the world has seen since the Great Depression of the 1930s.

On 15 September 2008 the global economy witne...
Dubai Customs Discusses Boosting Cooperation with Japanese Businesses
United Arab Emirates >> 9/29/2018 - The Director of Dubai Customs, Ahmed Mahboob Musabih, has received a delegation comprising representatives of Japanese companies headed by the Japanese Consul-General to Dubai, Dr. Akima Umezawa.
<...
Abu Qir Fertilizer Company's Revenues Hit EGP8.3 Bln
Egypt >> 9/30/2018 - Abu Qir Fertilizers and Chemicals has achieved total revenues of EGP 8.3 billion, as its market value at the stock exchange soared from EGP 8.5 billion in March 2017 to a current EGP 40 billion.
Industry Min.: Egypt's Trade Hits $ 59.683bn in 8 Months
Egypt >> 9/30/2018 - Egypt's non-petroleum foreign trade during the period January - August 2018 increased by 11.8% reaching $ 59.683 billion, compared to the same period in 2017, according to a report on foreign trade in...
Ministry Of Economy, WIPO To Create Trust Fund For Intellectual Property Initiatives
United Arab Emirates >> 9/30/2018 - The UAE Ministry of Economy, MoE, has signed a Memorandum of Understanding, MoU, with the World Intellectual Property Organisation, WIPO, establishing Fund-In-Trust which will promote activities of th...
ADX Lists Reem Investments Shares on Second Market
United Arab Emirates >> 9/30/2018 -  Abu Dhabi Securities Exchange, ADX, has listed Reem Investments shares on the second market, a market dedicated for trading of shares of private companies, under the symbol "REEM". Trading on Reem In...

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