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Egypt Operator Owed $7.7 Million By Thomas Cook: Chairman
Egypt >> 10/1/2019 - Thomas Cook has dues of 125 million Egyptian pounds ($7.7 million) to local operator Blue Sky Group, Blue Sky’s chairman Hossam El-Shaer said .

Shaer did not give further details. Thomas Cook...
Account Deficit Rose to $8.2 Billion in FY 2018/2019: CBE
Egypt >> 10/1/2019 - The Central Bank of Egypt has announced that the balance of payments recorded an overall deficit of $8.2 billion during FY 2018/2019, as the overall surplus of $1.7 billion during the second half of t...
Egypt, Lebanon Agree To Boost Joint Investments
Egypt >> 10/2/2019 - Investment and International Cooperation Minister Sahar Nasr asserted the importance of the Egyptian-Lebanese Follow-up Committee as a mechanism for following up the resolutions issued during the prev...
Saudi CSC and Slovenian CCIS Sign a Cooperation Agreement to Enhance Trade Relations
Saudi Arabia >> 10/2/2019 - The Council of Saudi Chambers (CSC) and the Chamber of Commerce and Industry of Slovenia (CCIS) have signed a cooperation agreement to enhance trade and economic cooperation between the Kingdom of Sau...
Dubai Chamber hosts high-level European business delegation, explores cooperation
United Arab Emirates >> 10/2/2019 - The Dubai Chamber of Commerce and Industry recently hosted a high-level business delegation from Europe to explore business opportunities in key sectors and fields related to Expo 2020 Dubai, includin...
Central Bank of Egypt Reserves Reach Highest Ever Level, at $45 Bln
Central Bank of Egypt Reserves Reach Highest Ever Level, at $45 Bln Egypt >> 10/2/2019 - The Central Bank of Egypt (CBE) announced that net international reserves recorded an all time high of $45.117 billion at the end of September 2019, up from $44.969 billion in August.

Accordi...
UK Companies to Increase Investments in Egypt's Education, Health Care Sectors
Egypt >> 10/2/2019 - A group of British companies visiting Egypt for an official investment forum have announced that they will inject further investments into education, health care, renewable energy and transportation p...
Leading British Companies Discuss Investment in Egypt
Egypt >> 10/2/2019 - Investment Minister Sahar Nasr joined the British Ambassador in Egypt Geoffrey Adams and fifteen leading British companies for the first British Investors, Forum, held at the British Embassy in Cairo....
Egypt & Italy Sign a Protocol on Manufacturing Marble Machinery
Egypt >> 10/2/2019 - The Arab Organization for Industrialization (AOI) signed a cooperation protocol with Italy's Breton S.p.A. aiming to localize the manufacturing of marble machinery.

This comes within the fram...
SABIC Announces Merging of SADAF into PETROKEMYA
Saudi Arabia >> 10/2/2019 - Saudi Basic Industries Corporation (SABIC) announced that it has obtained the relevant regulatory approvals to merge its wholly-owned affiliate Saudi Petrochemical Company (SADAF) with all the assets...
Abu Dhabi to Host UAE-Lebanon Investment Conference on October 7
United Arab Emirates >> 10/3/2019 -  Abu Dhabi will host the second UAE-Lebanon Investment Conference on 7th October under the auspices of the Ministry of Economy and Abu Dhabi Chamber of Commerce and Industry.

The conference i...
PM Follows Up Efforts of Coordinating Council for Industrial Zones
Egypt >> 10/3/2019 - Prime Minister Mostafa Madbouli reviewed the outcome of the actions taken by the coordinating council for industrial areas for the recent period.

This came during a meeting held under the pr...
Cabinet Okays Enacting Law on CBE, Banking System
Egypt >> 10/3/2019 - The cabinet approved during its weekly meeting a bill on enacting a law of the Central Bank of Egypt (CBE) and the banking system after considering several observations.

The bill comes withi...
African Investments in Egypt Hit $2.8 Bln, Egypt’s Investments in Africa $10.2 Bln
Egypt >> 10/4/2019 - African investments in Egypt are worth $2.8 billion and Egypt’s investments in Africa are worth $10.2 billion, with $1.2 billion of that amount added in 2018, Planning Minister Hala El-Saeed said .
UAE Investments Constitute 11% of Total FDI Inflows to Lebanon: UAE Envoy
United Arab Emirates >> 10/5/2019 - The UAE has maintained its position as a leading investor in Lebanon with its foreign direct investment, FDI, constituting 11 percent of total FDI inflows to Lebanon, according to a top Emirati diplom...
Dubai’s Non-Oil Foreign Trade Delivers Solid Growth in H1-2019
United Arab Emirates >> 10/5/2019 -  Dubai recorded a non-oil foreign trade of AED 676 billion in the first half of 2019, an increase of 5 percent year-on-year from AED 644 billion in the corresponding half last year.

The fir...
UAE Investments Constitute 11% of Total FDI Inflows to Lebanon
United Arab Emirates >> 10/6/2019 - The UAE has maintained its position as a leading investor in Lebanon with its foreign direct investment, FDI, constituting 11 percent of total FDI inflows to Lebanon, according to a top Emirati diplom...
ADGM Signs Agreement with Registrar of Companies New Zealand to Enhance Collaboration
United Arab Emirates >> 10/6/2019 - The Registration Authority, RA, of the Abu Dhabi Global Market, ADGM, and the Registrar of Companies New Zealand have announced a partnership to facilitate further cooperation in recognition of the in...
Morocco's Trade Deficit Widens 2.4% Year on Year in Jan
Morocco >> 10/7/2019 -  Morocco’s trade deficit widened by 2.4% to 140 billion dirhams ($14.5 billion) in the first eight months of 2019 compared with the same period last year, the country’s foreign exchange regulator said...
Foreign Indebtedness Poses No Danger to National Economy
Algeria >> 10/7/2019 - Resorting to foreign indebtedness poses no danger to the national economy, provided that the previously announced conditions are met, notably the targeting of profitable economic projects, said Sunday...

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