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Yemen, IMF Discuss Cooperation in Economic Reforms
Yemen >> 10/13/2014 - Finance Minister Dr. Mohamed Zemam discussed with Managing Director of the International Monetary Fund (IMF) Christine Lagarde bilateral cooperation in financial and economic reforms area.

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Sisi: Egypt has Specific Vision, Pre-Studied Priorities
Egypt >> 10/30/2014 - President Abdel Fattah al-Sisi has said that Egypt is aware of all regional issues and everybody knows its vital role in the region.

In an interview with Saudi Arabia's Okaz newspaper, Sisi...
Investment Min. Calls US Businessmen to Participate in Economic Conf.
Egypt >> 1/25/2015 - Minister of Investment Ashraf Salman has called on the US businessmen to participate in the planned economic conference in Egypt, slated for March.

The remarks were made during a meeting wi...
Kuwait Gov't Forecasts Budget Income of KD 12bln in FY 2015/2016
Kuwait >> 1/26/2015 - Minister of Finance Anas Al-Saleh announced Monday that the state budget forecasts an income of KD 12 billion (USD 40.8 billion) for the fiscal year 2015/2016, to start March 1, 2015.

The o...
Mahlab Meets Board of Trustees of ERRADA Initiative
Egypt >> 1/28/2015 - Prime Minister Ibrahim Mahlab held a meeting on 27/1/2015with the board of trustees of the Egyptian Regulatory Reform and Development Activity ERRADA.

During the meeting, Mahlab underlined ...
EGX Gains EGP 3.79bn, Index up 1.14%
Egypt >> 1/28/2015 - The Egyptian Exchange (EGX) gained 3.79 billion pounds at the end of 27/1/2015 trading on the back of purchases by Egyptian and Arab institutions and investment funds.

The EGX 30 benchmark ...
Egypt Prepares for Successful Economic Conference
Egypt >> 1/31/2015 - Egyptian Prime Minister Ibrahim Mahlab said his government is providing all the requirements of success for the economic development conference "Egypt - the Future," due in Sharm El-Sheikh on March 13...
Qatari-S. Korea Economic Forum Kicks off in Doha
Qatar >> 3/9/2015 - Qatari-South Korean Economic Forum kicked off in Doha, with President of Korea Park Geun-hye attending with representative of 80 Korean companies.

Marking the occasion, the South Korean lea...
Wheat Imports Down by 30.3% this Year 2015
Egypt >> 7/3/2015 - Wheat imports receded this year by 30.3 percent to stand at 1.6 billion pounds against 2.3 billion pounds last year.

In a statement, the Ministry of Supply said the new bread mechanism save...
Egypt’s Economy Exceeds Expectations in 2014-2015
Egypt >> 7/15/2015 - Finance minister said on 14/7/2015 the Egyptian economy has beaten the most optimistic forecasts during 2014-2015 despite the challenges it faced.

Hani Qadri ascribed the positive economic ...
Unprecedented Boom in Economic Cooperation with Riyadh
Egypt >> 8/1/2015 - Minister of Industry and Trade Mounir Fakhry Abdel Nour said that the coming period will witness a boom in relations between Egypt and Saudi Arabia in several fields.

The Minister explained...
Energy is Essence of Economic Development in Egypt
Egypt >> 8/15/2015 - Petroleum Minister Sherif Ismail said that energy represents the essence of economic development in Egypt.

The Minister pointed out that the exceptional circumstances witnessed by Egypt dur...
Annual Inflation Rate down to 5.61 pct in August
Egypt >> 9/11/2015 - The annual inflation rate declined to 5.61 percent in August compared to 6.49 percent in July, announced the Central Bank of Egypt (CBE).

In a statement on 10/09/2015, the CBE said that the...
Sheriff Ismail Opens Matrouh Economic Conference
Egypt >> 10/24/2015 - Marsa Matrouh Governor Alaa Abu Zeid said that Prime Minister Eng. Sheriff Ismail will open on Saturday the first Egyptian International Economic Conference "Matrouh the Future of Investment".

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Hisham Ramez Appoints Caretaker for Rest of Term
Egypt >> 11/11/2015 - Central Bank of Egypt (CBE) Governor Hisham Ramez appointed deputy governor Gamal Negm to serve as caretaker governor until the end of his term, an official CBE spokesperson told Ahram Online.

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Standard & Poor's Cuts Egypt Credit Rating to Stable
Egypt >> 11/14/2015 - Standard & Poor's cut Egypt's credit rating outlook to stable from positive, keeping Egypt's long-term rating at B-.

The institution said that the stable outlook to Egypt reflects that the c...
Oil Price Recovery Widens Trade Surplus
Kuwait >> 11/14/2015 - Kuwait's trade surplus widened for the first time in three quarters in 2015, thanks to a temporary recovery in oil prices.

The surplus expanded to KD 2.4 billion (USD 7.9 billion) in the secon...
Kuwait Real-Estate Co. Earns KD 2.86 million
Kuwait >> 11/15/2015 - Kuwait Real-Estate Company earned KD 2.86 million, 3.16 fils per share, in the first nine months of 2015, as compared to KD 3.79 million, 4.19 fils per stock, same period of the past year.

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UAE's Dana Gas Plans to Cut Cost due to Low Oil Prices
United Arab Emirates >> 11/15/2015 - United Arab Emirates energy firm Dana Gas plans to cut costs in 2016 as the company gears up for a prolonged period of low crude prices, said by chief executive.

The Abu Dhabi-listed firm pl...
GCC’s Exports to China Continue to Rise, Despite Low Demand
United Arab Emirates >> 11/15/2015 - The slowdown of the Chinese economy has not stopped GCC petrochemical producers to continue to grow their exports to China during 2014. Data from the Gulf Petrochemicals and Chemicals Association (GPC...

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