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Tareq al-Mulla Inspects Final Stages of Ethydco Complex
Egypt >> 6/20/2016 - Petroleum Minister Tareq al-Mulla asserted that the petroleum sector is forging ahead with implementing an ambitious program for achieving a comprehensive progress in the petrochemicals industry.
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Egypt, Canada Sign Development Agreements
Egypt >> 6/20/2016 - Egypt's Ambassador to Canada Moataz Zahran said that an agreement was signed with the Canadian side to start carrying out development projects worth more than $30 million in the fields of school nutri...
Sahar Nasr, EU Amb. in Cairo Discuss Financial Coop. Portfolio
Egypt >> 6/22/2016 - International Cooperation Minister Sahar Nasr met the European Union (EU) Ambassador in Cairo James Moran to discuss the current financial cooperation portfolio.

The portfolio includes pro...
Saudi falls sharply on Brexit
Saudi Arabia >> 6/26/2016 - Saudi Arabia's stock market fell sharply at the opening in response to Britain's decision to leave the European Union, but blue chips held up relatively well and the biggest losses were in smaller spe...
Egypt Seeks Measures to Promote Tourism
Egypt Seeks Measures to Promote Tourism Egypt >> 7/13/2016 - The government will continue to support the tourism sector and provide it with necessary funding, Prime Minister Sherif Ismail said.

The government is committed to offering the funding needed...
Egyptian Dairy Company Domty to Invest $27 mln to Boost Production
Egypt >> 7/18/2016 - Egyptian dairy company Arabian Food Industries Co (Domty) is planning to invest 240 million Egyptian pounds ($27 million) in 2016-17 to fund expansion and increase production capacity, Vice-Chairman M...
Tarek Qabil:inaugurates new production lines with EGP 3.5bn investments
Tarek Qabil:inaugurates new production lines with EGP 3.5bn investments Egypt >> 7/29/2016 - Trade and Industry Minister Tarek Qabil announced that one million meters of the new industrial lands at Sadat City will be put out to a tender in September as part of the ministry's plan to provide 1...
Saudi private sector must employ 4.1m citizens by 2030
Saudi Arabia >> 8/4/2016 - Saudi Arabia’s Vision 2030 seeks to employ millions of Saudi nationals in an expanding private sector. Research by Oxford Strategic Consulting (Oxford) found that to accomplish this goal, the private ...
Sahar Nasr visits N. Sinai projects, villages
Sahar Nasr visits N. Sinai projects, villages Egypt >> 8/19/2016 - Minister of International Cooperation Sahar Nasr paid a visit to North Sinai governorate.

The visit is meant to identify major challenges facing the residents of North Sinai.

N...
Foreign investors buy shares worth AED1.2. bn on Dubai Financial Market
United Arab Emirates >> 8/19/2016 - Foreign investors purchased AED1.2 billion worth of shares on the Dubai Financial Market (DFM) and sold AED1.1 billion, DFM said.

Net foreign investment on the market reached AED118.9 milli...
World Bank Approves Second US$1 Bln Loan Tranche to Egypt
Egypt >> 12/21/2016 - The World Bank's board of executive directors approved on a second US$1 billion disbursement from a US$3 billion loan to Egypt to support its economic reform programme.

Egypt has been nego...
Egypt Bourse Records Collective Rise
Egypt Bourse Records Collective Rise Egypt >> 12/22/2016 - The Egyptian Exchange (EGX) continued its upward trend at the close of trading.

The market capital increased from 6.2 billion pounds to 608.3 billion pounds at the close of trading.
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Tareq Qabil: Egypt to Use Solar Energy in Industrial Sector
Tareq Qabil: Egypt to Use Solar Energy in Industrial Sector Egypt >> 2/5/2017 - Egypt is in the process of implementing a project to use solar energy in the industrial sector, said Trade and Industry Minister Tareq Qabil

. Worth some 6.5 million dollars, the project shou...
Arab Commission for Unified Customs Tariff Discusses Unified Customs Tariff
United Arab Emirates >> 2/6/2017 - The UAE participated in the 36th session of the Arab Commission for the Unified Customs Tariff that began at the General Secretariat of the League of Arab States, in the presence of the representative...
Dubai: The Private Meeting discusses the challenges of economic development and tourism
United Arab Emirates >> 2/15/2017 - Within a series of specialized meetings organized by the Abu Dhabi Chamber and the Department of Economic Development (DED) with representatives of trade, services and industrial sectors in Abu Dhabi,...
Egypt, Pakistan Probe Coop. in Communications Field
Egypt >> 2/26/2017 - Minister of State for Military Production Dr. Mohamed Saeed el Assar met a visiting Pakistani delegation to probe means of boosting bilateral cooperation in the field of communications.

Assa...
Egypt Negotiating With G-8 Countries on Economic Support
Egypt Negotiating With G-8 Countries on Economic Support Egypt >> 3/28/2017 - Sahar Nasr, Minister of International Cooperation, announced that the government is continuing its negotiations with the G-8 countries to fulfill their commitments toward supporting the economic and s...
Egypt's 2017/18 Budget Targets 4.6 Percent Growth
Egypt's 2017/18 Budget Targets 4.6 Percent Growth Egypt >> 3/29/2017 - Egypt's 2017/18 budget targets 4.6 percent growth, Finance Minister Amr El-Garhy said at a news conference after the cabinet approved the budget.

Garhy also said interest on debt would reach ...
Egypt: CBE Foreign Trade Transactions Hit Dlrs 28 Bn Since Pound Liberalization
 Egypt: CBE Foreign Trade Transactions Hit Dlrs 28 Bn Since Pound Liberalization Egypt >> 4/23/2017 - The Central Bank of Egypt (CBE) said that the volume of foreign trade transactions hit 28 billion dollars since the liberalization of the Egyptian pound.

The CBE floated the Egyptian pound o...
DUBAI: DFM Posts Net Profit of AED 102.34 Million during Q1 of 2017
United Arab Emirates >> 5/8/2017 - The Dubai Financial Market Company, DFM, announced its financial results for the first quarter of the year ending 31 March 2017, reporting a net profit of AED102.34 million, a 19 percent increase com...

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