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Egyptian Gov’t Refers Biggest State Budget to Presidency
Egypt >> 5/27/2014 - The Cabinet referred on 26/5/2014 the 2014/2015 State budget bill to President Adly Mansour for ratification.

Minister of Finance Hani Qadri said under the new budget bill, public spending ...
Yemen to Become 160th Member of WTO in June
Yemen >> 5/31/2014 - Minister of Industry and Trade Dr. Saad al-Din Bin Talib pointed out that Yemen would become the 160th member state of the World Trade Organization (WTO) next June.

Bin Talib returned to Sa...
Economic Ministerial Group Tackles Exchange Market Situation
Egypt >> 6/6/2014 - The economic ministerial group, chaired by Prime Minister Ibrahim Mahlab, reviewed on 05/06/2014 the current situation concerning exchange market in Egypt.

Hisham Ramez, Governor of the Cen...
Saudi GDP Realizes the Highest Growth Rate among G8
Saudi Arabia >> 6/10/2014 - During the reign of king Abdullah, Saudi Arabia achieved higher overall economic growth rates. GDP hiked from SR 1.23 trillion in 2005 to SR 2.80 trillion in 2013 up by 127.1%. It the highest growth r...
Munir Fakhry: Improving National Economy High Priority
Egypt >> 6/18/2014 - Minister of Industry, Trade and Small- and Medium-sized Enterprises Munir Fakhry Abdel Nour said on 18/6/2014 that improving the national economy is a high priority for his ministry during the coming ...
Egypt Keen on Launching New Economic Partnership with Kuwait
Kuwait >> 6/25/2014 - Egypt is desirous of launching a new strategic economic partnership with Kuwait that would result in palpable benefits to both countries, said an Egyptian official following the end of a one day econo...
Qatar diversifies its economy away from risks of dependence on one sector
Qatar >> 6/25/2014 - Qatar is making unremitting efforts to diversify its economy away from the risks posed by dependence solely on the hydrocarbon sector and active non-oil sectors for achieving sustainable growth.
USD, Euro Unchanged Against kd
Kuwait >> 6/26/2014 - The US greenback was unchanged against the Kuwaiti Dinar on Thursday, trading at KD 0.281 while the Euro went up to KD 0. 384, said the Central Bank of Kuwait (CBK). The CBK price bulletin also report...
Japan, EU to Hold Fresh Free Trade Talks
Japan >> 6/26/2014 - Japan and the European Union (EU) will hold the sixth round of negotiations on a bilateral economic partnership pact in Tokyo on July 7-11, the Foreign Ministry announced. At the fifth round of talks ...
New Budget to Benefit Poor, Lower-Income Brackets
Egypt >> 7/1/2014 - Finance Minister Hani Qadri also said the current economic situation needs a radical change that embraces a holistic approach in managing the national economy.

"Resources available should b...
Commencement of Economic Reform
Egypt >> 7/1/2014 - Finance Minister Hani Qadri said that the difficult stage the Egyptian economy is currently undergoing imposes on this generation immense responsibilities and the burden of executing a hard economic r...
Bourse Gains LE 4.17 bn
Egypt >> 7/1/2014 - The Egyptian Exchange (EGX) indexes rose collectively at the close of 30/6/2014 trading backed by purchases of Arab and foreign investment funds and institutions.

The market capital gained ...
Egyptian Exports up by EGP 2.6 billion in 2014/2015 Fiscal Year
Egypt >> 7/4/2014 - Egyptian exports are expected to increase by EGP 2.6 billion in the 2014/2015 fiscal year, according to an official statement.

Part of the support is being funded by the money referred to t...
Comprehensive Health Insurance for Egyptians
Egypt >> 7/4/2014 - Planning Minister Ashraf al-Araby said that the economic and social development plan has been set for the new fiscal year.

The plan includes establishing a comprehensive health insurance fo...
IMF: Cairo Adopts Difficult Measures to Reform Economy
Egypt >> 8/10/2014 - Director of the Middle East and Central Asia Department in the International Monetary Fund (IMF) Masood Ahmed said on Saturday that Cairo has adopted difficult and brave economic reforms.

...
State Budget Deficit down by EGP 15.5 billion
Egypt >> 8/16/2014 - The Ministry of Finance announced the continuation of the reduction of total deficit in the State budget by EGP 15.5 billion to hit 93% of the GDP to record EGP 1,894 billion in 11 months of 2013/2014...
Egyptian Exports Hit EGP 94b in 7 Months, Scoring 3.6% Rise
Egypt >> 8/23/2014 - The Ministry of Industry and Trade on 22/08/2014 said although the Egyptian exports decreased by 3% in July 2014 to EGP 10.6 billion compared with EGP 10.9 billion in July 2013, however, Egyptian expo...
Egypt to Increase Growth Rate to 6% in 3 Years
Egypt >> 9/17/2014 - Finance Minister Hany Kadry said that Egypt tries to push up the growth rate to 6% over the next three years.

Speaking at the Euromoney’s Egypt Conference on 16/9/2014, the minister expect...
Qatar Reports QAR 96 bln Trade Surplus in Q2 '14
Qatar >> 10/1/2014 - Qatar's Ministry of Development, Planning and Statistics announced Wednesday that the foreign trade balance tilted in favor of Qatar by QAR 96.1 billion (nearly USD 26.36 billion) in the second quarte...
Egypt Achieved Economic Stability and Reforms
Egypt >> 10/8/2014 - Director of the International Monetary Fund (IMF) World Economic Studies Division Thomas Helbling said on 7/10/2014 that the situation in Egypt is still difficult, but he still acknowledged that the ...

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