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Egypt, UK Discuss Cooperation in Transport
Egypt >> 1/23/2020 - Minister of Transport Kamel el Wazir discussed with his UK counterpart Grant Shapps means of boosting bilateral cooperation in the field of transport.

Wazir had wrapped up his visit to t...
AOI, North Point Sign Deal to Develop SEMAF
Egypt >> 1/25/2020 - The Arab Organization for Industrialization (AOI) has signed an agreement with Canadian "Point North" Company specialized in technical consultations to develop the Railway Equipment Factory (SEMAF).
Mashat Stresses Keenness on Joining Private Sector in Development Projects
Egypt >> 1/25/2020 - Minister of International Cooperation Dr Rania el Mashat said the government develops the infrastructure and upgrades road networks to connect the various parts of the capital and establish new cities...
Banque Du Caire Wins International Finance Awards for International, Forex Transactions
Egypt >> 1/26/2020 - Banque du Caire has won "Best Bank in International Banking Transactions GTB" and "Best Bank for Foreign Exchange Transactions" for 2019 from the British magazine International Finance.

Th...
Bahraini-Saudi Joint Business Council Convenes
Bahrain >> 1/26/2020 - Chairman of the Bahrain Chamber of Commerce and Industry (BCCI), Sameer Abdulla Nass, has expressed pride in the meeting of the Bahraini-Saudi Joint Business Council, held here today, in the presence ...
AED14.8 Bn Grants Provided By UAE in Nine Months
United Arab Emirates >> 1/26/2020 - The value of grants provided by the UAE in the first nine months of 2019 amounted to AED14.8 bn, a growth of 8 percent from AED13.7 bn in the same period of 2018, according to figures released by the ...
Mof Hosts First Meeting of Saudi-Emirati Joint Working Group
United Arab Emirates >> 1/26/2020 - The UAE Ministry of Finance recently hosted the first meeting of the Saudi-Emirati joint working group at the ministry’s headquarters in Dubai, as part of its continuous efforts to promote collaborati...
Hawkamah and IMF Focus on Key Trends Impacting Governance of Central Banks
United Arab Emirates >> 1/26/2020 - Hawkamah, the Institute for Corporate Governance, and the International Monetary Fund, IMF, convened the sixth high-level Central Bank Governance Forum in Dubai from 21st-23rd January, 2020.

...
Arab Monetary Fund Announces Inclusion of Saudi Riyal in Buna Payment Platform
United Arab Emirates >> 1/26/2020 - The Arab Monetary Fund has announced the inclusion of the Saudi Riyal along with the U.S. Dollar and Euro among other initial currencies to be supported and settled by the Buna Payment Platform.
Finance Minister Approves EGP 28 Billion
Egypt >> 1/26/2020 - Finance Minister Mohamed Maait approved EGP 28.17 billion in urgent financial allocations from the state budget to several state entities covering the period from July to December of the fiscal year 2...
CBE to Issue LE 14.5B in T-Bills Sunday
Egypt >> 1/26/2020 - The Central Bank of Egypt (CBE), on behalf of the Ministry of Finance, is set to issue LE 14.5 billion in treasury bills , Jan. 26, 2020.

The T-bills will be offered in two installments; th...
Qatar to Chair 105th Session of Economic and Social Council Next Week
Qatar >> 1/27/2020 - The State of Qatar will chair the 105th session of Economic and Social Council which its meetings start from February 2 to 6, succeeding the State of Palestine. The meetings will prepare the economic ...
UAE's Central Bank, Astana Financial Services to Enhance Cooperation
United Arab Emirates >> 1/28/2020 - Central Bank of the UAE, CBUAE, and Astana Financial Services Authority, AFSA, have entered into a Memorandum of Understanding to enhance cooperation between the two sides.

The MoU - which ...
Egypt Expanded Silo Capacity By 5.9% to 3.6 Mln Tonnes in 2019
Egypt >> 1/28/2020 - Egypt expanded its grain silo storage capacity by 5.9% in 2019 to 3.6 million tonnes, the cabinet said in a statement .

Capacity had been 3.4 million tonnes at the end of 2018, the statement ...
Commerce Minister Hails "Wise" Kuwait Amir
Kuwait >> 1/28/2020 - His Highness the Amir Sheikh Sabah Al-Ahmad Al-Jaber Al-Sabah's "wisdom" has kept Kuwait largely immune to the unrest plaguing other nations in the region, said a minister .

Minister of Comm...
CI Capital Hopes to Bring 4 Companies to Egypt Stock Exchange in 2020
Egypt >> 1/29/2020 - Egyptian investment bank CI Capital hopes to offer the shares of four companies, including minority stakes in two controlled by the government, on the Egyptian stock exchange this year, its co-chief e...
Remittances From Egyptian Expats Rise to $2.3 Bln in October 2019: CBE
Egypt >> 1/29/2020 - Egypt's remittances from workers abroad rose 12.7 percent year-on-year in October 2019 to around $2.3 billion, the Central Bank of Egypt said in a statement.

The remittances, a key source o...
Vodafone to Sell Stake in Egyptian Unit to Saudi Telecom for $2.4 Billion
Egypt >> 1/29/2020 - Vodafone Group has struck a preliminary deal to sell its 55% stake in its Egyptian unit to Saudi Arabia’s largest telecoms operator STC 7010.SE for $2.4 billion, the companies said .

The no...
Startup Challenges and Potentials Discussed at Startegypt Forum
Egypt >> 1/29/2020 - The StartEgypt Forum kicked off on the Greek Campus at the American University in Cairo with the participation of more than 45 Egyptian new startups and innovations.

StartEgypt is an Egypti...
Moody's Upgrades Dubai Aerospace Enterprise to Investment Grade, With Stable Outlook
United Arab Emirates >> 1/29/2020 - Moody’s Investors Service has upgraded the corporate family rating of Dubai Aerospace Enterprise, DAE, Ltd to Baa3 from Ba1, and the senior unsecured rating of subsidiary DAE Funding LLC to Baa3 from ...

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