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Nasdaq Dubai Murabaha Platform Passes US$100 Billion In Islamic Financing Transactions
United Arab Emirates >> 10/31/2018 - Transactions on the Nasdaq Dubai Murabaha Platform for Islamic financing have exceeded a total of US$100 billion, reflecting its popularity with corporate and individual users.

Established jo...
Egypt Signs A $ 1.2 Bln Loan With 3 Int'l Banks To Reach 7.6 Mln Tons Of Midor
Egypt >> 10/31/2018 - Egypt’s state-owned Middle East Oil Refinery Company (Midor) signed a 1.2-billion-dollar loan agreement with a banking consortium to increase the refining capacity of the Alexandria refinery lab by 60...
Planning Minister: Egypt Seeks 10% Growth Rate
Egypt >> 10/31/2018 - Planning Minister Hala El Saeed said the government seeks to achieve a ten-percent growth rate by the end of 2029/2030.

To hit this target, the government plans to achieve a 5.9% growth rate ...
Egypt Budget Deficit Drops In First Two Months Of 2018/19
Egypt >> 10/31/2018 - Egypt's state budget deficit has decreased to 1.6 percent of the GDP during the first two months – July and August – of the current fiscal year, compared to 1.7 percent in the same period last year, a...
Egypt Signs A $ 1.2 Bln Loan With 3 Int'l Banks To Reach 7.6 Mln Tons Of Midor
Egypt >> 10/31/2018 - Egypt’s state-owned Middle East Oil Refinery Company (Midor) signed a 1.2-billion-dollar loan agreement with a banking consortium to increase the refining capacity of the Alexandria refinery lab by 60...
Bourse Gains EGP 14bn
Bourse Gains EGP 14bn Egypt >> 11/2/2018 - The Egyptian Exchange indexes went up collectively during the week trading, according to the Bourse's weekly report.

The market capital gained EGP 14 billion to reach EGP 750.9 billion, compa...
IMF Reaches Staff-Level Agreement on 4th Review of Egypt's EFF
Egypt >> 11/2/2018 - The successful completion of a staff-level agreement between the IMF team and the Egyptian authorities proved the strength of the country’s economy and that reforms are on track despite the recent glo...
Transport Minister, Afdb Manager Discuss Boosting Bilateral Cooperation
Egypt >> 11/2/2018 - Minister of Transport Hisham Arafat o discussed in a meeting with the African Development Bank (AfDB) country manager for Egypt, Malinne Blomberg, means of fostering bilateral cooperation in the diffe...
Investment Minister Holds Roundtable with 11 Major Companies in Ukraine
Investment Minister Holds Roundtable with 11 Major Companies in Ukraine Egypt >> 11/2/2018 - General Director of Ukraine's NIBULON Company Oleksiy Vadaturskyy said that Egypt has a strong and integrated economic program that encourages us to inject new investments into the country.

T...
Egypt Signs $2.3 Billion Power Plant Deal with Saudi ACWA Power
Egypt >> 11/2/2018 - Egypt signed a deal with Saudi Arabian utility developer ACWA Power to build a $2.3 billion power plant in the country’s south, the Egyptian electricity minister said.

The plant, which will ...
Jordan PM: Finance Ministry Has a Say on Purchase of Government Furniture, Equipment
Jordan >> 11/3/2018 -  Prime Minister Omar al-Razzaz said that all ministries, official entities and public institutions should not submit requests for the purchase of furniture, supplies or other equipment unless the Fin...
Zarqa Trade Exports Reach JD49 Million in October
Jordan >> 11/3/2018 - The value of Zarqa’s commercial re-exports stood at JD49.3 million in October this year compared with JD36 million in the same period of last year, according to official statistics.

Presiden...
JCC President Calls for Reconsidering Decision to Cancel FTA with Turkey
Jordan >> 11/3/2018 - President of Jordan Chamber of Commerce, Nael Kabariti, called on the government to reconsider the decision to suspend the free trade agreement with Turkey and to take into account the interests of th...
Foreign Trade Up 13 Pct, Exports Surge 11 Pct in Nine Months
Egypt >> 11/3/2018 - Minister of Trade and Industry Amr Nassar announced that foreign trade surged 13% year on year to around $67.630 billion in the first nine months of the year, up from $59.822 billion.

Based o...
Egypt, Ukraine Agree to Establish Joint Projects, Increase Investments
Egypt >> 11/3/2018 - The seventh session of the Egyptian-Ukrainian Joint Committee on Economic, Scientific and Technical Cooperation was held in the Ukrainian capital Kiev.

Investment and International Cooperatio...
Cairo Says Keen to Support African States with Its Capabilities
Egypt >> 11/3/2018 - Minister of Higher Education and Scientific Research Khaled Abdel Ghaffar said Cairo is keen to support African states and help them resolve any problems facing them.

Abdel Ghaffar made the r...
End of Tariffs on European Cars: Cheaper Cars in Egypt?
Egypt >> 11/3/2018 - The final phase of the EU-Egypt Association Agreement that promises the total exemption of customs on imported European cars should be implemented early next year, seeing customs duties on cars import...
Egyptian Exports Increase By 11% during First 9 Months of 2018
Egypt >> 11/3/2018 - Non-oil foreign trade performance indicators for Egypt during January-September this year have increased significantly, a government report announced.

The General Organization for Import and ...
Positive Economic Performance in Abu Dhabi during Q2
United Arab Emirates >> 11/3/2018 - The results of the macroeconomic and sectoral indexes reflect a positive economic performance in Abu Dhabi, particularly at the level of non-oil activities, during Q2 of 2018, confirming rising levels...
Sharjah-India Bolster Economic Ties during Roundtable Discussions
United Arab Emirates >> 11/3/2018 - The Sharjah FDI Office, Invest in Sharjah, has organised the Sharjah-India Business Roundtable on the sidelines of the Indian-UAE Partnership Summit, as part of India’s continued interest in the emira...

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