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Sisi Welcomes Mercedes-Benz Assembly Plant Plans
Sisi Welcomes Mercedes-Benz Assembly Plant Plans Egypt >> 1/19/2019 - President Abdel Fattah El Sisi hailed plans announced by Germany's Mercedes-Benz Cars to open an assembly plant in Egypt.

"We welcome the decision of Mercedes-Benz to resume manufacturing and...
Germany's Mercedes-Benz Plans Assembly Plant in Egypt
Egypt >> 1/19/2019 - Mercedes-Benz Cars said it is developing plans to open an assembly plant in Egypt.

In a statement, the German automaker added that the plant would be built in cooperation with a local part...
Egypt’s Foreign Currency Reserves Hit $42.6 Bln by End of 2018
Egypt >> 1/20/2019 - Egypt’s foreign currency reserves rose to $42.6 billion by the end of 2018, the highest level to be recorded for years, the cabinet media center reported.

Egypt’s foreign currency reserves ...
Arab Development, Economic and Social Summit Starts 4th Session in Beirut
Lebanon >> 1/20/2019 -  Arab Development, Economic and Social Summit started its 4th sessioni n Beirut today. Minister of Finance Mohammed bin Abdullah Al-Jadaan headed the delegation of the Kingdom of Saudi Arabia to the ...
Razzaz Calls on Forging an Arab Economic, Political Bloc
Jordan >> 1/20/2019 -  Prime Minister, Omar Razzaz, said the Arab Economic and Social Development Summit is taking place at a time, as the Arab world is witnessing difficult economic and geopolitical conditions, which requ...
Dubai Investments Park Signed 5m Sq. Ft in Sub-Leases In 2018
United Arab Emirates >> 1/20/2019 -  Dubai Investments Park, the wholly owned subsidiary of Dubai Investments PJSC, has announced that total built-up warehouse, office and commercial unit space sub-leased at Dubai Investments Park passe...
UAE-Syria Private Sector Forum Takes Place in Abu Dhabi
United Arab Emirates >> 1/20/2019 -  The inaugural UAE-Syria Private Sector Forum launched in the nation's capital, Abu Dhabi.

Organised by the UAE Federation of the Chambers of Commerce and Industry (FCCI), in cooperation wit...
French Development Agency Keen on Backing New Development Projects in Egypt
Egypt >> 1/20/2019 - Philippe Bauduin, the Deputy Chief Executive Officer of the French Development Agency, stressed France's full support to Egypt in funding development projects.

The agency is keen on supportin...
Hamdan Bin Mohammed to Lead UAE Delegation to World Economic Forum in Davos
United Arab Emirates >> 1/20/2019 - H.H. Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, will head the UAE delegation to the forty-ninth session of the World Economic Forum, which will be held in Davos, Switzerl...
Egypt's Sisi Directs Government to Continue Efforts to Settle Tax Disputes
Egypt's Sisi Directs Government to Continue Efforts to Settle Tax Disputes Egypt >> 1/20/2019 - Egypt's President Abdel-Fattah El-Sisi directed the government to continue efforts to settle all running tax disputes.

El-Sisi’s directions came during his meeting with Prime Minister Mostaf...
Egypt to Host Banking Tech North Africa Week on 28-29 January
Egypt >> 1/20/2019 - Egypt is set to host the Banking Technology North Africa Week conference on 28-29 January to demonstrate innovative and cost-effective digital banking services that aim to expand access to those curre...
Saudi Arabia, Kuwait Lead Mideast in Salary Hike
Saudi Arabia >> 1/20/2019 -  Adjusted for inflation, salaries globally are expected to grow only an average of 1.0 percent in 2019, down from a 1.5 percent prediction for 2018, Korn Ferry 2019 Salary Forecast revealed.

...
UAE, Australia Accelerating Trade Partnerships
United Arab Emirates >> 1/21/2019 -  Prospects of cooperation in promoting investment and trade exchanges between the UAE and Australia were reviewed recently by Undersecretary of Ministry of Economy for Foreign Trade, Abdullah Al Saleh...
Economic Growth between Illusions of Expectations And Facts
United Arab Emirates >> 1/21/2019 - The Global monitoring and evaluation institutions vary in their forecasts for Dubai's economic growth rates for 2019 to 2023, but all agree that the Emirate of Dubai has a proactive capacity to absorb...
Egyptian Bourse Gains EGP 2.2bln
Egyptian Bourse Gains EGP 2.2bln Egypt >> 1/21/2019 - The performance of the Egyptian Exchange (EGX) indexes varied amid selling and purchasing operations by Arab, Egyptian and foreign investors.

The market capital gained EGP 2.2 billion to rea...
Assar Says Egypt's Partnership with Germany is Important
Egypt >> 1/21/2019 - Minister of State for Military Production Mohamed Saeed el Assar underlined the importance of strategic partnership between Egypt and Germany in the various domains.

He lauded Berlin's suppor...
President Abdel Fattah El Sisi Meets With France's Minister of Economy and Finance
President Abdel Fattah El Sisi Meets With France's Minister of Economy and Finance Egypt >> 1/21/2019 - President Abdel Fattah El Sisi met with France's Minister of Economy and Finance, Bruno Le Maire. The meeting was also attended by Minister of Investment and International Cooperation, Sahar Nasr, as ...
Qatar to Buy $500 Mln of Lebanese Government Bonds
Qatar >> 1/21/2019 - Wealthy Qatar said it will purchase $500 million of government bonds in debt-ridden Lebanon a day after the country's emir visited Beirut to attend the Arab economic summit.

"The state of Qat...
Kuwait Bourse Ends Trading In Mixed Boards
Kuwait >> 1/21/2019 - Boursa Kuwait ended trading with mixed boards as the all share market reached 5,250.08 points, up by 0.08 points. The main market index was up by 2.87 points settling at 4,807.92 points, while the pr...
Davos Economic Forums Conducts Survey to Monitore Global "Concerns"
Kuwait >> 1/21/2019 - The World Economic Forum Annual Meeting 2019 has conducted an opinion poll to monitor global common concerns towards how to improve the world which is facing unprecedented political and economic chall...

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