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EGX Gains EGP 6.8 Bln Over Past Week
EGX Gains EGP 6.8 Bln Over Past Week Egypt >> 8/23/2019 - The Egyptian Exchange (EGX) gained EGP 6.8 billion this week as the market capital went up 0.9 percent to EGP 759.3 billion, compared to EGP 752.5 billion in the previous week.

The EGX 30 b...
Egyptian Cabinet Approves Contract for New Terminal in East Port Said
Egypt >> 8/23/2019 - The cabinet approved a contract between the Suez Canal Authority and Egyptian company Seco Trans for the construction of a multi-purpose terminal in East Port Said.

The contract will see the...
Egypt's Interest Rates to Be Fixed At 14.25% in 2019, Down to 12.75% in 2020: Forecasts
Egypt's Interest Rates to Be Fixed At 14.25% in 2019, Down to 12.75% in 2020: Forecasts Egypt >> 8/24/2019 - The Central Bank of Egypt (CBE) cut interest rates last week by 1.5 percent, down to 14.25 percent, the first cut in six months. Forecasts had predicted a cut of between 0.5 percent and 1 percent, wh...
Industrial Development Authority Signs Mou with SME Development Agency
Egypt >> 8/24/2019 - The head of the Industrial Development Authority (IDA) and the head of the Micro, Small and Medium Enterprise Development Agency (MSMEDA) have signed an MoU to cooperate on promoting plans for industr...
Egypt's New Rate Cuts Are on the Right Track: Head of Egyptian Businessmen’s Association
Egypt >> 8/24/2019 - The chairman of the Egyptian Businessmen’s Association, Ali Eisa, said that Egypt’s new interest rates cuts are a logical response to the variables that the domestic and global market are seeing.
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Jordan Capable of Addressing Economic Challenges: Razzaz
Jordan >> 8/25/2019 - Prime Minister, Omar Razzaz, said Jordan is capable of overcoming the economic difficulties and challenges it is facing at this stage, as it had over previous years.

During a meeting with the...
Planning Minister Names New Assistant for Economic Policies
Egypt >> 8/25/2019 - Planning Minister Hala el Saeed issued a decision appointing Moushira Karara as her new assistant for economic policies.

Karara will serve in the post for one year.

In a statement ...
Dubai Economy Sees 63% Increase in Global Brands Seeking Trademark Protection
United Arab Emirates >> 8/25/2019 - The Commercial Compliance and Consumer Protection sector, CCCP, at the Dubai Economy has witnessed a 63 percent year-on-year increase in trademark files registered on its "IP Gateway" portal during th...
Volume of Trade Exchange between Egypt and France Rise By 36.2 Percent in 5 Months: ECS
Egypt >> 8/26/2019 - The volume of trade exchange between Egypt and France surged 36.2 percent from January to May 2019 to reach €1.212 billion, compared to €823.7 million in the corresponding period in 2018, the Egyptian...
Saudi Ambassador to Vietnam Meets Vietnamese Minister of Industry and Trade
Saudi Arabia >> 8/26/2019 - Saudi Ambassador to Socialist Republic of Vietnam met here today Vietnamese Minister of Industry and Trade Tran Tuan Anh. During the meeting, they discussed mutual and economic ties including Saudi-V...
Kuwait Bourse Ends Tues. Trading on Mixed Board
Kuwait >> 8/27/2019 - Boursa Kuwait ended trading on mix board as the Premier Market Index went down by 0.49 points to reach 6,527.00 points.

The Main Market Index went up by 11.75 points to reach 4,782.31 point...
Egypt Seeks Boosting Ties with Japanese Business Community
Egypt >> 8/27/2019 - Minister of Trade and Industry Amr Nassar said that the Egyptian government is keen on boosting relations with the Japanese business community.

Addressing the Egyptian-Japanese Business and ...
Central Bank's Gross Assets Reaches AED2975.8 Billion
United Arab Emirates >> 8/27/2019 -  The UAE Central Bank has announced that gross bank assets, including bankers’ acceptances, rose by 0.6 percent, climbing from AED2958.6 billion at the end of June 2019 to AED2975.8 billion at the end...
Remittances from Egyptians Abroad Rose to Around $3 Bln in May: Central Bank
Egypt >> 8/27/2019 - Egypt’s remittances from workers abroad rose 43 percent month-on-month in May to around $3 billion, the central bank said in a statement.

The remittances, one of the country’s main sources ...
Egypt's Sawiris Eyes Mining Opportunities At Home with New Law
Egypt >> 8/27/2019 - Egyptian billionaire Naguib Sawiris said he intended to invest in gold and copper mining in Egypt but was waiting to see the details of a new mining law designed to attract more investment.

...
Kuwaiti Experts: Banking Shares' Trading Stable
Kuwait >> 8/28/2019 - Kuwaiti economists described trading of shares in the banking sector enlisted in Boursa Kuwait as "stable" and most committed to seasonal disclosure.

In separate statements to KUNA, the econ...
Kuwaiti Experts: Banking Shares' Trading Stable
Kuwait >> 8/28/2019 - Kuwaiti economists described trading of shares in the banking sector enlisted in Boursa Kuwait as "stable" and most committed to seasonal disclosure.

In separate statements to KUNA, the econ...
Egypt Sets Up Logistic Center for Engineering Industries in Kigali
Egypt >> 8/28/2019 - Head of the Engineering Industries of the Federation of the Egyptian Industries Mohamed al Mohandes said that Egypt and Rwanda will hold talks shortly on setting up a logistical center for engineering...
JBA, Lebanese Embassy's Trade Attaché Discuss Enhancing Economic Ties
Jordan >> 8/28/2019 - Kuwaiti economists described trading of shares in the banking sector enlisted in Boursa Kuwait as "stable" and most committed to seasonal disclosure. In separate statements.

The economists no...
JETRO Seeks Restoring Africa's Untapped Investments Via TICAD
JETRO Seeks Restoring Africa's Untapped Investments Via TICAD Egypt >> 8/29/2019 - Japan External Trade Organization (JETRO) Chairman Nobuhiko Sasaki said said that his organization seeks to restore un-utilized investment opportunities in the African continent through tapping into ...

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