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Emirates Development Bank Named Best Micro Finance Bank In Middle East
United Arab Emirates >> 12/18/2022 - Emirates Development Bank, one of the key financial engines for the economic development and industrial advancement of the UAE, announced its recognition for Best Micro Finance Bank in the Middle East...
TECOM Group Breaks Ground on Innovation Hub Phase 2 in Dubai Internet City
United Arab Emirates >> 12/18/2022 - TECOM Group has broken ground on the Innovation Hub Phase 2 in Dubai Internet City, as Dubai’s legislative framework and ease of doing business attract a high volume of international companies and inv...
Supply Ministry: More Than 153,000 Ration Cards Revoked During 2022
Egypt >> 12/19/2022 - The Ministry of Supply and Internal Trade announced that more than 153,000 subsidy ration cards were cancelled this year in accordance with the new conditions for subsidy eligibility.

In a ...
Electricity Minister Discusses Cooperation With British Ambassador
Egypt >> 12/19/2022 - Electricity Minister Mohamed Shaker, received, 19-12-2022, Gareth Bayley, British Ambassador to Cairo, Martin Cave, director of the British Gas and Electricity Markets Office, and their accompanying d...
Egypt’s Strategic Stock of Wheat Sufficient for 4.8 Months
Egypt >> 12/19/2022 - The Ministry of Supply and Internal Trade said that Egypt’s strategic stock of basic commodities is safe and sufficient for several months.

An annual report by the ministry said the strateg...
The Ministry of Irrigation Promotes Sustainable Management of Water Resources
Egypt >> 12/19/2022 - Minister of Irrigation Hany Sweilam asserted that the water axis is one of the most important axes listed on the national platform of the green projects (NWFE), adding that the sector of water comes o...
Hajj Hassan, Visited Egyptian Trade Minister Discuss Means To Bolster Economic Relations
Egypt >> 12/19/2022 - Caretaker Agriculture Minister, Abbas Hajj Hassan,visited Egyptian Trade and Industry Minister Ahmad Samir, as part of the former’s Egyptian tour.

The pair discussed ways to strengthen eco...
PM Follows Up on Provision of Commodities to Markets Ahead of Ramadan
Egypt >> 12/20/2022 - Prime Minister Mostafa Madbouli held on a meeting to follow up on the provision of commodities to markets before the approach of the holy month of Ramadan.

During the meeting, the premier s...
PM Follows Up Promotion, Marketing Efforts of NAC's
Egypt >> 12/20/2022 - Prime Minister Mostafa Madbouli said that the construction of the finance and business district in the New Administrative Capital (NAC) will be finalized soon, pressing the need for outlining a plan f...
Tabreed's Foreign Ownership Increases To Maximum Capacity
United Arab Emirates >> 12/20/2022 - In a disclosure letter to Dubai Financial Market (DFM), the National Central Cooling Company (Tabreed), announced that its decision to increase the company's Foreign Ownership Limit (FOL) from 49 perc...
Dubai Records Over AED1.8 Bn in Realty Transactions Tuesday
United Arab Emirates >> 12/20/2022 - Dubai real estate market recorded 495 sales transactions worth AED1.32 billion, in addition to 81 mortgage deals of AED454.83 million, and 24 gift deals amounting to AED34.33 million, data released by...
Dubai Chambers Connects Canadian Food And Beverage Trade Mission to Local Market
United Arab Emirates >> 12/20/2022 - Dubai Chambers has hosted a Canadian food and beverage trade mission for a B2B business matching event at its headquarters in Dubai.

The event aimed at connecting Canadian food and beverage...
Rabie at Par'lt Session: Suez Canal Revenues to Hit 8 Billion Dollars by End of Current FY
Egypt >> 12/20/2022 - Chairman of the Suez Canal Authority Osama Rabie asserted the authority achieved a tangible quantum leap in 2022 with the crossing of more than 23,000 ships with a 15% increase, compared to 21,700 ves...
Finance Min Lauds President Sisi's Support to Comprehensive Health Insurance System
Egypt >> 12/20/2022 - Finance Minister Mohamed Maait lauded the support of President Abdel Fattah El Sisi to the comprehensive health insurance system.

President Sisi and the government believe in the necessity ...
Kuwaiti Week in Egypt Contributes to Boosting Fraternal Ties Between Egypt and Kuwait
Egypt >> 12/20/2022 - Kuwaiti Ambassador to Egypt Ghanem Saqer al Ghanem asserted that holding the 13th Kuwaiti Week in Egypt would contribute to strengthening the fraternal ties binding Egypt and Kuwait in addition to acq...
Infographic: Egypt Secures $13.7B to Support National Development Objectives
Egypt >> 12/21/2022 - $13.7 billion was secured in 2022 to support Egypt’s national development objectives, Minister of International Cooperation Rania A. Al-Mashat announced.

This included $11.1 billion directe...
Housing Minister Arrives for 1st Filling of Egyptian-Built Dam in Tanzania
Egypt >> 12/21/2022 - Housing Minister Assem el Gazar arrived in Tanzania on Wednesday to take part in a ceremony marking the first filling of the Julius Nyerere Dam constructed by an Egyptian consortium.

The da...
PM Reviews Report on Coop. Between Unified Procurement Authority, UK NICE
Egypt >> 12/21/2022 - Prime Minister Mostafa Madbouli reviewed Wednesday a report conducted by the Unified Procurement Authority on its cooperation with the UK National Institute for Health and Care Excellence (NICE).
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PM Orders Intensified Work to Cut Shipments' Clearance Timing at Ports
Egypt >> 12/21/2022 - Prime Minister Mostafa Madbouli has issued directives for intensifying work to reduce the shipments' clearance time at Egypt's ports, especially those related to strategic commodities and foodstuffs, ...
Planning Ministry Issues a Report on Goals of Social Protection
Egypt >> 12/21/2022 - Planning and Economic Development Minister Hala el Saeed said that the state had allocated EGP 302.2 billion in the 2022-23 public budget to social protection comparing to EGP 251 billion in the 2020-...

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