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PM: Egyptian Firms Have Good Experience in Underground Projects
Egypt >> 7/9/2019 - Prime Minister Mostafa Madbouli said that Egyptian companies have now good experience in the field of Underground Metro.

In statements after launching a new drilling machine into the third p...
Cabinet's Economic Group Reviews Report on Foreign Investments
Egypt >> 7/9/2019 - Prime Minister Mostafa Madbouli headed a meeting of the economic group in the presence of the Central Bank of Egypt governor and the ministers of investment, planning, tourism, supply, aviation, fina...
New'Africa Gateway’ Portal Provides Key Business Insights into Promising African Markets
United Arab Emirates >> 7/10/2019 - The Dubai Chamber of Commerce and Industry, Dubai Chamber, has launched a new website that delivers key insights into the burgeoning markets of Africa to help those who are considering making investme...
Egypt's investment ministry, Saudi sign EGP 125mln agreement to boost financial leasing for SMEs
Egypt's investment ministry, Saudi sign EGP 125mln agreement to boost financial leasing for SMEs Egypt >> 7/10/2019 - Egypt's Minister of Investment and International Cooperation Sahar Nasr inked three financial agreements with the Saudi Fund for Development (SDF) to provide EGP 125 million to boost financial leasing...
Egypt's Inflation Rate Drops for the First Time In 2019
Egypt >> 7/10/2019 - Egypt’s annual urban consumer price inflation fell sharply to 9.4% in June from 14.1% in May, official statistics agency CAPMAS said a significantly bigger drop than analysts had expected.

C...
KSA Attracts Investments within Kingdom's Vision 2030
Saudi Arabia >> 7/10/2019 - Prince Turki Al-Faisal affirmed the that the Kingdom of Saudi Arabia's economy is strong, solid and attractive to investments, according to local and international data figures, as it will host next y...
Saudi Fund for Development Signs 3 Agreements within KSA's Grant To Egypt
Saudi Arabia >> 7/10/2019 - The Saudi Fund for Development (SFD) has signed three agreements within the framework of the Kingdom Saudi Arabia's grant to the Arab Republic of Egypt with a total amount of 125 million Egyptian poun...
Amman Bourse Opens Trading With Drop
Oman >> 7/10/2019 - The Amman Stock Exchange (ASE) opened trading with a drop to 1,877 points from its yesterday's closure of 1,878 points.

The market index fluctuated in the first 15 minutes of today's session...
USTDA Advocates Algeria-US Partnerships in Economic Development
Algeria >> 7/10/2019 - The visit of a senior executive at the United States Trade and Development Agency (USTDA) in last June is part of efforts to “forge partnerships with Algerians in the field of economic development.”
Minister of Economy Welcomes Ambassador of Armenia
Lebanon >> 7/10/2019 - Minister of Economy and Trade Mansour Bteish discussed the situation of the insurance sector in Lebanon with a delegation of the Board of Directors of the Association of Insurance Companies in Lebanon...
Kuwait's Parliament Speaker Receives Commerce Minister
Kuwait >> 7/10/2019 - National Assembly Speaker Marzouq Ali Al-Ghanim received Minister of Commerce and Industry and Minister of State for Services Affairs Khaled Al-Rodhan .

Al-Rodhan was accompanied by members ...
Finance Ministry Reduces, Cancels Fees for Over 1,500 Federal Government Services
United Arab Emirates >> 7/11/2019 - The Ministry of Finance, MoF, revealed that over 1,500 federal government services fees will either be reduced or cancelled. This latest move follows the Cabinet decision issued on the reduction and ...
Egypt Finance Minister on Paris Assures Government's Interest of Social Reform Program
Egypt >> 7/11/2019 - Minister of Finance Mohamed Maait stressed that the Egyptian government is keen on the success of the economic reform program and boosting partnerships with international investors, as Egypt provides ...
Egypt & Britain Discuss Boosting Investment in Education, Transport and Entrepreneurship
Egypt & Britain Discuss Boosting Investment in Education, Transport and Entrepreneurship Egypt >> 7/11/2019 - Minister of Investment and International Cooperation Sahar Nasr met British State Secretary for Middle East and North Africa in Andrew Morrison during her visit to London.

Both sides discu...
Egypt's IPO Programme to Be Resumed in September
Egypt >> 7/11/2019 - Egypt's Minister of Public Business Sector Hisham Tawfik announced on Thursday that no stakes will be offered for companies that have been listed in the initial public offering (IPO) programme till Se...
Egypt's Trade Balance Deficit Hits $3.87 Bln in April 2019: CAPMAS
Egypt >> 7/11/2019 - Egypt's trade balance deficit rose to $3.87 billion in April 2019 compared to $3.63 billion in April 2018, marking an increase of 6.8 percent, said the Central Agency for Public Mobilization and Stati...
CBE Keeps Interest Rates on Deposits, Loans Unchanged
Egypt >> 7/12/2019 - The Central Bank of Egypt (CBE) decided to keep the overnight deposit rate and overnight lending rate unchanged at 15.75 percent and 16.75 percent respectively.

The decision was made by the C...
Damietta Port receives 10 Ships
Egypt >> 7/12/2019 - Damietta Port received over the past 24 hours three container ships and seven cargo vessels, the Damietta Port Authority Media Center said in a statement .

The statement added that two contai...
Egypt’s Economic Reforms Helped in Introducing Comprehensive Health Insurance Program
Egypt >> 7/12/2019 - Minister of Finance Mohamed Maait said that Egypt’s comprehensive health insurance program is one of the fruits of the ambitious economic reforms that it has been implementing.

He noted whil...
Egypt Ranked Third In Global Economic Growth
Egypt >> 7/13/2019 - Egypt notched up to the third place in The Economist's list for the most accelerated economic growth globally in the first quarter of 2019, the cabinet's media center said .

The British mag...

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