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Substantial Decline of Trade Deficit in 2018
Algeria >> 2/9/2019 - Algeria’s trade deficit stood at $5.03 billion in 2018, against $10.87 billion in 2017, down by 5.84 billion (-53.73%), Customs told APS.

In 2018, the exports jumped to $41.168 billion agains...
Egypt, S.Korea Sign Coop. Protocol on RDF Production
Egypt >> 2/9/2019 - Minister of Military Production Mohamed el Assar witnessed the signing of a cooperation protocol between the National Organization for Military Production (NOMP) and South Korea's J.S.T company specia...
Cooperation Protocol Inked Between Renewable Energy Authority, EGOTH
Egypt >> 2/9/2019 - Public Business Sector Minister Hisham Tawfiq and Electricity Minister Mohamed Shaker witnessed the signing of a cooperation protocol between the New and Renewable Energy Authority and the Egyptian Ge...
IMF Managing Director Lagarde Praises Egypt's Economic Reforms
Egypt >> 2/9/2019 - The Managing Director of the International Monetary Fud (IMF) Christine Lagarde said that the Egyptian economy has good potential for growth, praising the fundamental financial and monetary reforms t...
PM To Inaugurate EGYPS 2019
Egypt >> 2/10/2019 - Prime Minister Moustafa Madbouli will inaugurate Egypt Petroleum Show "EGYPS 2019" on behalf of President Abdel Fattah El Sisi at Cairo International Convention & Exhibition Center, Petroleum Ministe...
Egypt Receives €18m Grant from EU to Finance 6 Projects: Minister
Egypt >> 2/10/2019 - Egypt received grants worth €18 million for six development projects as part of the first phase of the European Union (EU) Cross Border Cooperation (CBC) program, Minister of Investment and Internatio...
UAE, Morocco to Promote Development of Financial Services Sector
United Arab Emirates >> 2/11/2019 -  The Registration Authority of Abu Dhabi Global Market, ADGM, and the Casablanca Finance City Authority, CFCA, have signed a Memorandum of Understanding, MoU, to foster closer collaboration among the ...
Egypt Sells $1.014 Billion in One-Year Dollar T-Bills - Central Bank
Egypt >> 2/11/2019 - Egypt sold $1.014 billion worth of one-year dollar-denominated treasury bills at an average yield of 3.797 percent, the central bank said.

The auction will be settled on Feb. 12. Egypt sold...
Qatar Revamps Investment Strategy after Kushner Building Bailout
Qatar >> 2/11/2019 - When news emerged that Qatar may have unwittingly helped bail out a New York skyscraper owned by the family of Jared Kushner, Donald Trump's son-in-law, eyebrows were raised in Doha.

Kushne...
Dubai’s Non-Oil Growth Strengthens at Start of 2019: Dubai Economy Tracker
United Arab Emirates >> 2/11/2019 - Emirates NBD Dubai Economy Tracker has shown that that the overall growth of Dubai’s non-oil private sector economy quickened in January. Moreover, firms were at their most optimistic regarding future...
Mansour Bin Zayed Meets With President of Asian Infrastructure Investment Bank
United Arab Emirates >> 2/11/2019 -  H.H. Sheikh Mansour bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Presidential Affairs, has met with Jin Liqun, President of Asian Infrastructure Investment Bank, on the sidelines of the...
1,090 Projects with Capital of $12.1 Bln in Free Zones
1,090 Projects with Capital of $12.1 Bln in Free Zones Egypt >> 2/12/2019 - Investment and International Cooperation Minister Sahar Nasr said that the number of ventures in free zones reached 1,090 ones with capital worth $12.1 billion and foreign direct investment of $2.1 bi...
IMF: Egypt Has Big Opportunity to Make Progress in Financial Inclusiveness Field
Egypt >> 2/12/2019 - IMF regional director Gehad Azour said choosing Egypt as a venue for launching the financial inclusiveness report on small and medium-scale projects came as a result of being one of the biggest rising...
FEI Chief: Egypt Is First Arab, African Country to Join International Business Alliance
Egypt >> 2/12/2019 - Chairman of the Federation of Egyptian Industries (FEI) Mohamed Zaki el Sewedy voiced happiness over representing Egypt as the first Arab and African country to join the international business allianc...
Egypt's Bourse Gains EGP 6bln
Egypt's Bourse Gains EGP 6bln Egypt >> 2/12/2019 - The Egyptian Exchange (EGX) indexes posted collective gains , backed by purchases of local and Arab investors amid a state of anticipation of Dutch Vion Company's acquisition of Egypt's Global Telecom...
DED Releases List of Foreign, GCC Company Branches in Dubai
United Arab Emirates >> 2/13/2019 - The number of branches of foreign companies operating in Dubai has increased to 1,985 while the number of branches of GCC companies is 833, according to a report by the Business Registration and Licen...
Khalifa Fund Signs Mou with Central Bank of UAE
United Arab Emirates >> 2/13/2019 - The Khalifa Fund for Enterprise Development, KFED, signed a Memorandum of Understanding, MoU, with the Central Bank of the UAE which will enable the fund to employ the direct debit system of the Centr...
El-Saeed Inspects Egyptian Pavilion at Expo 2020 Dubai
Egypt >> 2/13/2019 - Minister of Planning Hala el Saeed and a delegation from the Ministry of Trade and Industry inspected preparations done for establishing the Egyptian pavilion in Expo 2020 Dubai.

Expo 2020 ...
Egypt, Germany Sign $250-Mln Agreement to Back Reform Program Economic
Egypt >> 2/13/2019 - Egypt and Germany signed a 250-million-dollar agreement to boost the Egyptian social and economic reform program.

The sum is the second tranche of a 500-million-dollar soft loan allocated by ...
DFM Company Posts Net Profit of AED125.5 Million in 2018
United Arab Emirates >> 2/13/2019 -  Dubai Financial Market Company today announced its results for the financial year ending 31st December 2018, posting a net profit of AED125.5 million, compared to AED232.9 million in 2017, a 46 perce...

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