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Egypt Stocks Rise on Trouble-Free Charter Poll
Egypt >> 12/16/2012 - Egypt's stock market staged a partial recovery after three weeks of market fluctuation, as Egyptians cast ballots in a contentious constitutional referendum. Egypt's benchmark EGX30 index rose by 2.72...
UAE Ambassador Meets Sudanese FM
United Arab Emirates >> 12/17/2012 - A letter from H.H. Sheikh Abdullah bin Zayed Al Nahyan, Foreign Minister, dealing with bilateral relations between the UAE and Sudan, was delivered by Ambassador of the UAE to Sudan Hassan Ahmed Al Sh...
Al Tayer Reviews Investment Prospects in RTA Projects
United Arab Emirates >> 12/17/2012 - HE Mattar Al Tayer, Chairman of the Board and Executive Director of the Roads and Transport Authority (RTA) has recently met with Thomas Nides, US Deputy Secretary of State for Management and Resource...
Jubara bin Eid Receives EU Ambassador
Saudi Arabia >> 12/17/2012 - Dr. Jubara bin Eid Al-Suraiseri, Minister of Transport, received here ambassador of the European Union (EU) Delegation Adam Kulach. During the meeting, they exchanged cordial talks and discussed issue...
EGP 238m Allocated to Develop Sinai
Egypt >> 12/17/2012 - Water Resources and Irrigation Minister Mohamed Bahaa El-Din said on 16/12/2012 the ministry's plan for developing Sinai includes digging 30 underground wells with EGP 210 million investment cost by 2...
91-Day, 273-Day T-Bills Auctioned
Egypt >> 12/17/2012 - The Finance Ministry auctioned on 16/12/2012 the 91-day and 273-day treasury bills at a total value of LE5 billion. In an online statement, the ministry said the average yield on the 91-day T-bills wa...
Saud bin Saqr Receives Romanian ambassador
United Arab Emirates >> 12/17/2012 - H. H. Sheikh Saud bin Saqr Al Qasimi, Supreme Council Member and ruler of Ras al-Khaimah received at Al Dhait Palace the Romanian Ambassador to the UAE, Adrian Macelaru who called on him on the occasi...
ACA Claims EGP 5bn, dlrs 200m of State Funds
Egypt >> 12/18/2012 - The Administrative Control Authority (ACA) has claimed so far around 5.13 billion EGP and 2.4 milion dollars of state funds since the January 25 revolution. The funds were collected from defendants in...
Qandil Discusses Amendments to Social Insurance Law
Egypt >> 12/18/2012 - Prime Minister Hisham Qandil held a cabinet meeting on 17/12/2012 to review amendments to Law 79/1975 on social insurance. The meeting discussed the draft law, which will give new benefits to pensione...
US Advised Egypt to postpone IMF Loan
Egypt >> 12/18/2012 - The US government has advised Egypt to request the delay of a proposed loan from the International Monetary Fund (IMF) until January after Egypt failed to fulfil its promise to the fund to raise sales...
Market Dips Amid Political Volatility
Egypt >> 12/18/2012 - The Egyptian stock market closed in the red, despite analysts' predictions that it was likely to gain throughout this week, with the generally trouble-free referendum vote expected to boost market con...
IMF Loan Delay Could Damage Egypt's Credit Rating
Egypt >> 12/18/2012 - Egypt's request to postpone a long-awaited IMF loan due to recent political unrest could lead to a downgrade in the country's credit rating, credit rating agency Moody's said in a report.

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US Urges Egypt, IMF to 'Quickly' Reach Loan Deal
Egypt >> 12/18/2012 - The United States urged Egypt and International Monetary Fund to reach an agreement on the $4.8 billion loan that was postponed on 11 December "as quickly as possible." In an exclusive statement to Ah...
Jafza Posts 32% Increase in the Number of New Companies
United Arab Emirates >> 12/18/2012 - Jebel Ali Free Zone (Jafza), the flagship free zone operations of Economic Zones World (EZW), has seen continued growth in the number of new companies joining the Free Zone.

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Abdullah bin Zayed Receives Greek Minister
United Arab Emirates >> 12/18/2012 - Foreign Minister HH Sheikh Abdullah bin Zayed Al Nahyan discussed with the visiting Greek Deputy Development Minister Notis Mitarakis, avenues of boosting bilateral cooperation in development fields. ...
UAE Ambassador Meets Kuwaiti Officials
United Arab Emirates >> 12/18/2012 - Ambassador of the UAE to Kuwait Dr Ali Bin Shoukr met the head of the Ali Al-Sabah Military College, Major General Mohammed Khaled Al-Khidr, the director general of the Saad Al-Abdullah Academy for Se...
ADX Discuss Cooperation with Korean Embassy
United Arab Emirates >> 12/19/2012 - A delegation from Abu Dhabi Securities Exchange (ADX) headed by CEO of ADX Rashed Al Baloushi visited the Korean embassy in Abu Dhabi in an effort to further ties between Abu Dhabi and the Republic of...
UAE Financial Markets to Close on 1 January 2013
United Arab Emirates >> 12/19/2012 - The Securities and Commodities Authority (SCA) has announced that the financial markets nationwide will close on Tuesday, 1 January 2013, to mark the new year. Transactions will resume on Wednesday, 2...
Reem Al Hashemi Discusses Strategic Partnership with Dubai
United Arab Emirates >> 12/19/2012 - Reem Ibrahim Al Hashemi, Minister of State and Chairperson of the National Bureau of Statistics (NBS) has discussed ways to boost the existing strategic partnership between National Bureau of Statisti...
OCI to Return Renationalised Company to Egyptian Government
Egypt >> 12/19/2012 - Orascom Construction Industries (OCI) said it would respect the court order stipulating that its subsidiary, the International Steam Boilers, would be returned to state ownership due to problems in th...

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