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Bahrain Bourse Gains 6.78 Points
Bahrain >> 9/20/2020 - Bahrain All Share Index has closed at 1,442.03 points marking an increase of 6.78 points above the previous closing.

This increase was due to the rise in the Commercial Banks Sector, Inves...
Production Continues in Egypt Despite Coronavirus -- IDSC
Egypt >> 9/21/2020 - The Cabinet’s Information and Decision Support Center (IDSC) has issued a report on Egypt’s achievements during the coronavirus pandemic.

The Egyptian economy was hit by the negative impact...
Egypt's Central Bank Attracts EGP 21 Billion With T-Bill Auctions
Egypt >> 9/21/2020 - The Central Bank of Egypt has managed to attract more than EGP 21 billion in investments from EGP treasury bills (T-bills).

The CBE offered 266-day T-bills and 91-day T-bills in an auction ...
Changelabs Provides Funds for 13 Promising Egyptian Start-Ups
Egypt >> 9/21/2020 - Startup accelerator Changelabs is set to hold its second cohort demo day on 30 September, providing an opportunity for innovative start-ups to secure funds for their businesses.

Changelabs ...
Ministers Discuss Coordination for Achieving Economic Development
Egypt >> 9/22/2020 - Minister of Transport Kamel Wazir held talks with Minister of Agriculture Al Sayyed Al Qusir along with representatives from the Ministry of Trade and Industry.

The three sides discussed co...
Egypt, Japan Seek Boosting Joint Economic Cooperation
Egypt >> 9/23/2020 - Minister of Trade and Industry Nevine Gamea held talks with Japanese Ambassador in Cairo Noke Masaki on means of boosting joint cooperation.

The two sides discussed means of upgrading econ...
Maait: EGP 13 Bln Allocated for Supporting Presidential Initiative
Egypt >> 9/23/2020 - Finance Minister Mohamed Maait said that EGP 13 billion were allocated for supporting the presidential initiative on providing commodities at affordable prices under the name of "Mayghlash Alik".
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SMEs drive 90% of MENA's business, accounting for 70% of GDP: IMF
Egypt >> 9/23/2020 - Small and medium-sized enterprises (SMEs) drive the business landscape in the Middle East and North Africa (MENA) region, accounting for more than 90 percent of the region’s businesses and contributin...
UAE Banks Availed AED44.72 Bn of TESS Liquidity Facility
United Arab Emirates >> 9/23/2020 -  A total of AED44.72 bn of the AED50 billion liquidity facility provided by the Central Bank of the United Arab Emirates (CBUAE) to the UAE banking sector as part of the Targeted Economic Support Sche...
E-Commerce, Delivery Services Post Highest Growth Rates in August, Says SEDD
United Arab Emirates >> 9/23/2020 - The Sharjah Economic Development Department, SEDD, announced an increase of more than 100 percent in activities such as e-commerce, delivery services, "Eitimad" licences, and contracting licences of t...
Mof Announces Details of Cabinet Resolution Concerning Economic Substance Regulations
United Arab Emirates >> 9/23/2020 - The Ministry of Finance, MoF, announced today the details of the Cabinet Resolution No. (57) of 2020 concerning Economic Substance Regulations, ESR.

The Resolution was issued in consultati...
Egypt, S. Korea Discuss Future Coop., Joint Projects
Egypt >> 9/27/2020 - International Cooperation Minster Rania el Mashat discussed with newly-appointed South Korean Ambassador to Egypt Hong Jin-wook domains of future cooperation and underway projects.

Mashat a...
Sisi Witnesses Inauguration of Hydrocracking Complex in Qalubiya's Mostorod
Egypt >> 9/27/2020 - President Abdel Fattah El Sisi witnessed the inauguration of the Hydrocracking Complex in Qalubiya's district of Mostorod.

Prime Minister Mostafa Madbouly, House Speaker Ali Abdel Aal, Oil ...
Planning Ministry: EGP 16.9 Bn Suez Canal Investments in 2020-2021 Plan
Egypt >> 9/27/2020 - Dr. Hala el Said Minister of Planning and Economic Development said Suez Canal investments for 2020-2021 plan is estimated at EGP 16.9 billion to carry out upgrading and expansion projected ventures d...
Bourse Indexes Show Mixed Performance
Egypt >> 9/29/2020 - The Egyptian Exchange (EGX) indexes showed mixed performance at the close of trading, amid sales operations by Egyptian investors and purchase operations from local and foreign investment funds and in...
Egypt to Become First Arab Country to Issue Green Bonds
Egypt >> 9/29/2020 - DUBAI/LONDON (Reuters) – Egypt started marketing a five-year US dollar-denominated Green bond at a yield of around 5.75 percent, a document showed, in what would be the first sale of green bonds by a ...
Bahrain all Share Index Gains 3.66 Points
Bahrain >> 9/30/2020 - Bahrain All Share Index has closed at 1,434.49 points marking an increase of 3.66 points above the previous closing.

This increase was due to the rise in the Commercial Banks Sector and S...
Amman Stocks Edge Lower at Open
Jordan >> 9/30/2020 - The Amman Stock Exchange (ASE) opened trading session lower at 1,584 points from its last session closure of 1,585 points.

In the first hour of today's trading session, the index ranged bet...
Qatar's Embassy in Mexico Organizes Seminar on Labor Market Reforms
Qatar >> 9/30/2020 - The Embassy of the State of Qatar to the United Mexican States organized a seminar with the aim of highlighting the new developments and reforms related to the labor market in the State of Qatar.
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Egypt Extends Tourism Stimulus, Waives Visa Fees in 4 Governorates Until April
Egypt >> 9/30/2020 - Egypt’s cabinet approved the extension of several coronavirus-related exemptions and incentives, such as exempting tourists arriving in the governorates of South Sinai, the Red Sea, Luxor, and Aswan f...

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