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Egypt's Non-Petroleum Exports Increase, Imports Decrease
Egypt >> 9/25/2019 - Egypt’s non-petroleum exports increased by three percent during the past eight months in comparison to the same period the year before, stated the report on non-petroleum foreign trade indices publish...
Egyptian Stocks Rise Nearly 2.5% After 8 Days of Falls
Egypt >> 9/25/2019 - Egyptian stocks climbed nearly 2.5% after eight sessions of falls on the back of purchases from Arab and foreign buyers.

The main EGX30 index was up 2.38% at 13,483.15, as of 1000 GMT .
UAE Ministry, Organisations Work Together to Boost Exports
United Arab Emirates >> 9/25/2019 - The UAE Ministry of Economy, MOE, and the UAE Federal Export Credit company, Etihad Credit Insurance, ECI, announced their joint commitment towards supporting UAE exporters and investors.

Thi...
NBF Prices US$350 Million 'Additional Tier 1' Capital Securities Issuance
United Arab Emirates >> 9/25/2019 - The National Bank of Fujairah, NBF, announced , that it successfully raised US$350 million in Additional Tier 1 capital through a perpetual non-call five-year bond with a coupon of 5.875 percent.
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Kuwait Bourse Benchmark Ends Thursday's Trading in Red Zone
Kuwait >> 9/26/2019 - Boursa Kuwait ended trading in the red zone as the Premier Market Index went down by 41.55 points to 6,222.91 points. Main Market Index went down by 1.43 points to 4,718.02 points, and the All Share ...
World's Second-Largest Container Vessel Transits Suez Canal for the First Time
Egypt >> 9/26/2019 - The World's second-Largest Container Vessel " MSC ISABELLA" of 234.000 TEUs and a gross tonnage of 23656 tons transited the Suez Canal on Wednesday for the First Time, Admiral Osama Rabie, Chairman of...
WB Chief Underscores Int’l Confidence in Egyptian Economy
WB Chief Underscores Int’l Confidence in Egyptian Economy Egypt >> 9/26/2019 - President of the World Bank (WB) David Malpass has underlined growing international confidence in the Egyptian economy despite the slow growth of world economy and political turmoil in the Middle East...
Cabinet Okays Bill on Restructuring Industrial Chambers
Egypt >> 9/28/2019 - The Cabinet approved during its weekly meeting a bill on reestablishing and restructuring all 19 industrial chambers that existed at the time when law no. 70/2019 has been issued on structuring the Fe...
Sisi Follows Up Progress in Housing, Utilities Projects
Egypt >> 9/29/2019 - President Abdel Fattah El Sisi instructed the government to keep up efforts to complete its housing and utilities projects on time and in conformity with the agreed upon quality standards.

Th...
Arab-African Investment Conference Kicks off in Cairo
Egypt >> 9/29/2019 - An Arab-African investment conference kicked off at the Arab League premises with representatives and figures from 34 Arab, African, European and Asian countries attending.

The four-day ga...
Egypt Witnesses Unprecedented Digital Transformation - MCIT
Egypt >> 9/29/2019 - Egypt witnesses an unprecedented digital transformation, as nearly 174 digital government services will be offered in Port Said by the end of 2019, the Ministry of Communications and Information Techn...
Sisi Follows Up Gov't Efforts to Upgrade Spinning and Weaving Industry
Sisi Follows Up Gov't Efforts to Upgrade Spinning and Weaving Industry Egypt >> 9/29/2019 - President Abdel Fattah El Sisi has urged the government to continue its efforts for upgrading Egypt's spinning and weaving industry to regain its prominence.

This came during a meeting the Pr...
50% of Kuwaiti Bourse Stocks to Be Floated
Kuwait >> 9/30/2019 - The Capital Market Authority urged Kuwaiti citizens on Monday to pay their dues for their subscription in the 50 percent stake of issued and paid-up capital for the Kuwaiti bourse company as of tomorr...
Tunisia's Budget Will Rise In 2020 to $16.4 Billion - Finance Minister
Tunisia >> 9/30/2019 - Tunisia’s state budget will rise from 40 billion dinars in 2019 to 47 billion dinars in 2020 ($16.4 billion), TAP state news agency quoted Finance Minister Ridha Chalgoum saying .

The defic...
Beltone Financial Holds a Conference on Egyptian Investment
Egypt >> 9/30/2019 - Beltone Financial Holding holds a conference for promoting investment potentials in Egypt.

The 13th edition of the conference is expected to bring speakers from the Central Bank of Egypt, E...
EGX Egypt Gains LE 20.9 Bln
EGX Egypt Gains LE 20.9 Bln Egypt >> 9/30/2019 - The Egyptian Exchange (EGX) indexes posted collective gains morning transactions, due to stability in the country and the Central Bank of Egypt's (CBE) decision to lower the interest rates for the sec...
Egypt, China to Manufacture Electric Vehicle Charging Stations
Egypt >> 10/1/2019 - The Military Production Ministry signed a memorandum of understanding with China's SSE company and Marathon International Limited on building a factory for manufacturing electric vehicle charging stat...
Egypt Not Facing any Problem in Paying off Debts: CBE
Egypt >> 10/1/2019 - Egypt doesn't face any problem in paying off its debts and external dues, affirmed the Central Bank of Egypt (CBE) Deputy Governor Rami Abulnaga.

All the dues are being paid back on time, Abu...
Moody's: Egypt's GDP Growth Expected to Reach 5.8% in 2020
Egypt >> 10/1/2019 - Moody's financial services company said Egypt's Gross Domestic Product (GDP) growth is expected to reach 5.6 percent in 2019 and 5.8 percent in 2020, supported by the Central Bank of Egypt's decision ...
Egypt Launches Gosoor Project to Boost Intra-Trade With African Countries
Egypt >> 10/1/2019 - Egypt's Minister of the Public Business Sector Hisham Tawfik announced on Tuesday that the shipping line between Ain Sokhna Port and Mombasa Port in Kenya will start operating on 14 October as part of...

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