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The Ministry of Finance Auctioned Treasury Bills at a Total Value of EGP 18 Billion.
Egypt >> 8/30/2020 - The Ministry of Finance auctioned treasury bills at a total value of EGP 18 billion.

In a statement released on Sunday 30/8/2020, the ministry said it sold 91-day T-bills worth EGP 8 billi...
Engineering Authority Head: 14,762 Projects Implemented
Egypt >> 8/30/2020 - Head of the Armed Forces' Engineering authority Ihab el Far said that 14,762 projects had been completed at EGP 2.2 billion, while 4,164 projects would be implemented at EGP 2.6 trillion.

A...
UAE Participates In Meeting of Arab Economic And Social Council’s Economic Committee
United Arab Emirates >> 8/31/2020 - The United Arab Emirates has participated in a meeting of the economic committee of the Arab Economic and Social Council, as part of the preparatory meetings for the ministerial meeting of the council...
Major Gulf Markets Decline as Financial Shares Weigh
Saudi Arabia >> 8/31/2020 - Major stock markets in the Middle East ended lower , pulled down by financial shares, with the Qatari index leading the losses as most of its shares were in red.

Saudi Arabia's benchmark in...
Egypt Signs $2 Bln Loan With Regional, International Banks -Statement
Egypt >> 8/31/2020 - Egypt signed a $2 billion conventional and Islamic loan with several international and regional banks in a deal coordinated by two UAE lenders, the finance ministry said .

Emirates NBD Capi...
Saudi Gains in Early Trade; Other Markets Mixed
Saudi Arabia >> 8/31/2020 - Saudi Arabia’s stock market rose in early trade , boosted by energy and financial companies, while shares in the United Arab Emirates moved sideways.

The kingdom’s benchmark index was up 0....
World FZO Conference to Discuss Free Zone Business Models Beyond The Pandemic Horizon
United Arab Emirates >> 9/6/2020 - The World Free Zones Organization, World FZO, is building on the unprecedented online success of its sixth Annual International Conference, AICE, last April by staging a unique online tentpole event f...
PM,CBE Governor Discuss Updates of Banking Sector After Corona Virus Crisis
Egypt >> 9/7/2020 - Prime Minister Mostafa Madbouli met with Central Bank of Egypt (CBE) Governor Tarek Amer, where the premier got updated with the banking sector developments since the crisis of the global outbreak of ...
Pm Issued Decision Amending Capital Market Law Regulation
Egypt >> 9/8/2020 - Head of the Financial Regulatory Authority Mohamed Omran said that the prime minister issued a decision amending some rules of the regulation of the Capital Market Law.

In a statement, Omr...
Housing Minister Confers With Real Estate Export Council on Mechanisms of Exporting Properties
Egypt >> 9/8/2020 - Minister of Housing, Utilities and Urban Communities Essam El Gazzar met with members of the Real Estate Export Council to discuss mechanisms of propelling the exportation of properties, especially th...
ASE Opens Trading on Lower Note
Jordan >> 9/8/2020 - The Amman Stock Exchange (ASE) opened trading session lower at 1,582 points from its last session closure of 1,583 points.

In the first hour of today's trading session, the index ranged bet...
Jordanian-Brazilian Business Association Launched
Jordan >> 9/8/2020 - -Brazilian Business Association will work to cement trade and economic between the countries and encourage joint investments.

Brazilian Ambassador in Amman Ruy Pacheco de Azevedo Amaral sai...
Egypt’s Foreign Reserves Up To US$38.366 Billion In August: CBE
Egypt >> 9/8/2020 - Egypt’s foreign reserves hit US$38.366 billion in August, an increase of $51 million from July, statement by the Central Bank of Egypt (CBE) announced.

Egypt imports a monthly average of fi...
Bahrain's ABC Says in Preliminary Talks to Buy Blom Bank's Egypt Business
Egypt >> 9/8/2020 - Bahrain’s Bank ABC said it was in preliminary talks to buy Blom Bank’s Egyptian subsidiary, pitting it against Dubai’s Emirates NBD, which is also a potential bidder.

Blom has hired CI Capi...
Market Cap of Second Market - Listed Companies Rise to AED10.32 Bn
United Arab Emirates >> 9/9/2020 - The market cap of UAE second market-listed private companies amounted to around AED10.32 bn by the end of August, 1.7 percent up from the same month last year, according to official figures obtained b...
Dubai Chamber of Commerce and Industry and The Consulate General of Canada in Dubai Held A Meeting.
United Arab Emirates >> 9/9/2020 - Dubai, UAE: Dubai Chamber of Commerce and Industry and the Consulate General of Canada in Dubai held a meeting to discuss opportunities in areas such as digitalization, logistics, e-commerce, life sci...
Saudi Telecom Negotiates Reducing Possible Vodafone Stake to Below 55%
Saudi Arabia >> 9/9/2020 - The Saudi Telecom Company is negotiating with Vodafone International to reduce the value of the offer it submitted to buy a stake in Vodafone to less than 55 percent, Bloomberg reported.

Bl...
Ministry of International Cooperation Signs 3 Agreements Worth $885 Million With Arab Funds
Egypt >> 9/15/2020 - Minister of International Cooperation, Dr. Rania Al-Mashat, announced that the ministry, during the period January to the end of August of this year 2020, signed three agreements worth about $885 mil...
Egypt’s Central Bank Renews Suspension of ATM Withdrawal, Banking Transaction Fees
Egypt >> 9/16/2020 - The Central Bank of Egypt (CBE) has decided to maintain the validity of a number of procedures it has adopted as pre-emptive measures since the onset of the COVID-19 outbreak until the end of the year...
Bahrain Report Examines COVID-19 Impact on Financial Transactions, Consumption Behaviour
Bahrain >> 9/20/2020 - As part of its partnership with UNDP Bahrain to study the socio-economic impact of the COVID-19 pandemic on the Kingdom of Bahrain, the Bahrain Center for Strategic, International and Energy Studies (...

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