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National Economy's Cash Trades Increase by AED29.8 Billion in 2019
United Arab Emirates >> 1/16/2020 - The value of traded cash in the national economy increased by AED29.8 billion in 2019, a rise of 7.8 percent, according to the latest figures issued by the Central Bank of the UAE.

The figu...
'UK Eager for Further Cooperation with Egypt Due to Its Economic Growth': UK Ambassador
Egypt >> 1/16/2020 - British Ambassador in Egypt Geoffrey Adams said that the UK is eager to continue developmental cooperation with Egypt whose economic growth is increasing and its business climate is improving.

...
Egypt’s 2020 GDP Growth Estimated At 5.8%: UN Report
Egypt’s 2020 GDP Growth Estimated At 5.8%: UN Report Egypt >> 1/17/2020 - Egypt is enjoying relatively strong GDP growth, estimated at 5.5 percent for 2019 and projected to be 5.8 percent in 2020, according to the United Nations’ World Economic Situation and Prospects (WESP...
Senior German Official Praises Egypt’s Economic Reforms
Egypt >> 1/17/2020 - The head of a delegation from the German Federal Ministry for Economic Affairs and Energy, Bernd Denzlaf, has praised Egypt’s economic growth and the improvements in its economy, adding that Germany h...
Egypt, S.Korea Review Cooperation Prospects
Egypt >> 1/18/2020 - Minister of State for Military Production Mohammed el Assar discussed with South Korean Ambassador to Egypt Yoon Yeocheol prospects of cooperation between both sides.

Assar asserted his min...
Dubai Non-Oil Foreign Trade Surges 22% in First Nine Months of 2019
United Arab Emirates >> 1/18/2020 - The Emirate of Dubai's non-oil foreign trade volumes surged to 83 million tonnes in the first nine months of 2019, revealed Dubai Customs .

These figures represent an increase by 22 percent ...
Egypt's Sisi, World Bank Aspire For Further Cooperation
Egypt's Sisi, World Bank Aspire For Further Cooperation Egypt >> 1/18/2020 - President Abdel-Fattah El-Sisi said he looks forward to further cooperation with the World Bank (WB) after it supported the country's development efforts.

El-Sisi's remarks came during a meet...
Dubai Economy Issues 20,491 E-Moas and 9,336 E-MOA Addendums In 2019
United Arab Emirates >> 1/19/2020 - The Business Registration and Licencing, BRL, sector at the Dubai Economy issued 20,491 electronic Memorandums of Association, MOAs, including 1,529 e-MOAs approved via text messages from 6969, and 9,...
Amendments to Law on Commercial Agencies Provide More Protection: Minister of Economy
United Arab Emirates >> 1/19/2020 -  Sultan bin Saeed Al Mansouri, Minister of Economy, said that the UAE Cabinet’s approval of various amendments to a law on commercial agencies is a key step to issuing a related amended law at a feder...
Aswan Benban Solar Park Model for Sustainable Development: WBG Officials
Egypt >> 1/20/2020 - The Benban solar power project in Aswan provides a model for sustainable and environment-friendly development, said a high-level delegation of executive directors of the World Bank Group (WBG).
Egypt's Arab Organisation for Industrialisation Discusses Cooperation With Belarus
Egypt >> 1/20/2020 - The Arab Organisation for Industrialisation (AOI) CEO Abdel-Moneim Al-Toras discussed in Cairo means to boost cooperation in technology and co-industrialisation with the Ambassador of Belarus Sergei ...
Foreign Holdings in Debt Instruments Hit $22 Bln in 2019
Egypt >> 1/20/2020 - The share of foreign investments in the state's public debt instruments has reached $22 billion at the end of December 2019, said Finance Minister Mohamed Maait.

During a conference in Cair...
Banque Du Caire Wins Mastercard Award for Fastest Credit Card Growth In 2019
Egypt >> 1/21/2020 - Banque du Caire has won the "fastest credit card growth in Egypt" award for 2019 from Mastercard.

The bank’s CEO, Tarek Fayed, said the award reflects the increase in the bank’s market shar...
Egypt is Boosting Economic Growth Rates, Women's Role: Minister at Davos
Egypt >> 1/22/2020 - Egypt’s Minister of International Cooperation Rania El-Mashat said that Egypt is working on pushing economic growth rates through structural reforms across all sectors after finalising the required fi...
Finance Ministry Announces '2018 Consolidated Annual Report' Results
United Arab Emirates >> 1/22/2020 - The Ministry of Finance, MoF, announced this morning the results of the 2018 Consolidated Annual Report of the federation, and the final accounts of independent entities.

The announcement c...
Egypt’s Economic, Structural Reforms Enhance Private Sector's Role
Egypt >> 1/22/2020 - Matthew Stephenson, Policy and Community, International, Trade and Investment principal at World Economic Forum on Business said the economic and structural reforms Egypt has adopted have improved its...
Egypt May Add Indian Wheat to List of Acceptable Import Origins
Egypt >> 1/22/2020 - Egypt is studying the addition of Indian wheat as an acceptable origin for its international import tenders, the head of the country’s agriculture quarantine said .

Egypt, the world’s large...
Egypt, Germany Discuss Coop. In Air Transportation
Egypt >> 1/23/2020 - Civil Aviation Minister Mohamed Manar received German Ambassador to Egypt Cyrill Nunn.

The two sides discuss in a meeting held at the ministry's headquarters ways to boost bilateral ties...
Egypt Banking System Is on Robust Growth
Egypt >> 1/23/2020 - The outlook for Egypt's banking system is stable over the next 12-18 months as the banks maintain high liquidity amid an expanding economy that will help them generate more loans and business, Moody's...
Moody's: Egypt Banking System Is On Robust Growth
Egypt >> 1/23/2020 - The outlook for Egypt's banking system is stable over the next 12-18 months as the banks maintain high liquidity amid an expanding economy that will help them generate more loans and business, Moody's...

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