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Amman Stocks Open on High Note
Jordan >> 12/28/2020 - The Amman Stock Exchange (ASE) opened trading with a rise to 1,639 points, compared to its last session closure of 1,635 points.

According to ASE sources, the general index fluctuated durin...
UAE on Frontlines of Combatting Spread of Epidemics Globally
United Arab Emirates >> 12/28/2020 - The UAE is on the frontlines of combatting the spread of epidemics globally, and is one of the key supporters of the international efforts to prevent the spread of many viral diseases that pose seriou...
Dubai Economy Launches Updated Version of IP Gateway
United Arab Emirates >> 12/28/2020 - The Commercial Compliance & Consumer Protection (CCCP) sector, in Dubai Economy has launched an updated version of its ‘IP Gateway,’ the online portal for obtaining services related to cases on infrin...
Egypt, EIB Sign Agreement to Fund 3 Transport Projects
Egypt >> 12/29/2020 - International Cooperation Minister Rania el Mashat and Flavia Palanza, the Director of Operations in EU Neighboring Countries at the European Investment Bank (EIB), have signed an agreement worth 1.1 ...
CBE Renews Suspension of ATM and Banking Transaction Fees Until June 2021
Egypt >> 12/29/2020 - The Central Bank of Egypt (CBE) decided to renew until June 2021 a number of procedures it has put in place since the onset of the COVID-19 outbreak.

The bank had renewed the measures in Se...
No rise in fuel prices: cabinet
Egypt >> 12/29/2020 - The Cabinet media center denied news circulated about raising the fuel prices after amending the cost of fuel used in constructing and refurbishing public roads.

The information center, in ...
Egypt Extends Real-State Tax Return Submission Deadline to End-March
Egypt >> 12/29/2020 - Egypt’s ministry of finance extended the deadline of submitting real-estate tax returns through to the end of March 2021, Minister of Finance Mohamed Maait announced .

Maait said that the ...
Export Credit Agencies of UAE, India Join Hands to Enhance Trade, Economic Cooperation
United Arab Emirates >> 12/29/2020 - Etihad Credit Insurance (ECI), the UAE Federal export credit company, has partnered with ECGC Limited (ECGC), the export credit agency of India, to explore and bolster the trade and economic cooperati...
Ask The Expert’ Highlights Dubai Chamber’s Role as a Business Facilitator
United Arab Emirates >> 12/29/2020 - The invaluable role of Dubai Chamber of Commerce and Industry as a business facilitator was the subject of the recent ‘Ask the Expert’, the monthly videos series, under Dubai Chamber’s Business Connec...
US Dollar to Egyptian Pound Exchange Rate Sees Slight Increase
Egypt >> 12/30/2020 - The US dollar to Egyptian pound exchange rate on Wednesday saw a slight increase, recording LE15.66 for purchase and LE15.76 for sale at the Central Bank of Egypt (CBE).

The Emirati Dirham ...
Indonesia And LG Group Sign $9.8 Billion EV Battery MOU
Indonesia >> 12/30/2020 - Indonesia and South Korean firm LG Group have signed a memorandum of understanding (MOU) on a $9.8 billion electric vehicle battery investment deal, the head of Indonesia’s Investment Coordinating Boa...
EO, Amcham Sign MOU Promoting Innovation, Economic Growth
Bahrain >> 12/30/2020 - The American Chamber of Commerce in Bahrain (AmCham) has signed a Memorandum of Understanding (MoU) with the Entrepreneurs Organization Bahrain Chapter (EO).

The MoU aims to further the pur...
Dubai Startup Hub Launches Eight Guides to Support Entrepreneurs and Startups
United Arab Emirates >> 12/30/2020 - he Dubai Chamber of Commerce and Industry’s Dubai Startup Hub initiative has launched eight guides to help startups in the UAE do business, as the Chamber concluded its fifth and final ‘Networking Ser...
EGX Gains EGP 3.1bln, All Indexes Up
Egypt >> 12/30/2020 - The Egyptian Exchange (EGX) indexes went up collectively at the close trading, backed by purchases from local and foreign institutions and investment funds.

Meanwhile, sales prevailed in tr...
Finance Min. Launches 1st Phase of Automated Unified Tax System
Egypt >> 1/3/2021 - Finance Minister Mohamed Maait launched the first phase of the automated unified tax procedures system at centers for medium and large-sized taxpayers, as well as major liberal professions.

...
EGX Gains EGP 2.5bn at End of 1st Session in 2021
Egypt >> 1/3/2021 - The Egyptian Exchange gained 2.5 billion pounds at the end of trading on the back of buying operations by investors optimistic about market performance as a new year begins.

The EGX 30 be...
Egypt’s FRA Launces Initiative to Merge Informal Businesses Into Formal Economy
Egypt >> 1/3/2021 - Egypt’s Financial Regulatory Authority (FRA) launched an initiative that aims to merge informal economic activities into the formal economy using digital payment instruments.

The Digital Fi...
Egypt's Suez Canal Revenues Down 3.4% in 2020
Egypt >> 1/3/2021 - Egypt’s Suez Canal reported a 3.4 percent drop in its revenues in 2020, the canal’s authority chairman Osama Rabie announced .

In an official statement, Rabie said the canal’s revenues reco...
Afcfta to Offer 1.5 Bn Jobs, Achieve Trade Exchange Worth $3.4 Tn: EJB
Egypt >> 1/3/2021 - The African Continental Free Trade Agreement (AfCFTA) is expected to offer jobs for more than 1.5 billion people, with a projected trade exchange worth $3.4 trillion, the trade committee of the Egypti...
Ministry of Economy, UAE Tourist Guides Association Discuss Cooperation
United Arab Emirates >> 1/3/2021 - Dr. Ahmed Beloul Al Falasi, Minister of State for Entrepreneurship and SMEs, and Sheikh Mohammed bin Maktoum bin Juma Al Maktoum, Chairman of the Board of Directors of the UAE

Tourist Guid...

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