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Diplomatic Missions Exempted from Daily Limit of Withdrawal from Banks
Egypt >> 10/13/2014 - Twenty-eight Egyptian diplomatic missions abroad have been exempted from the daily limit of withdrawal from banks, the Central Bank of Egypt (CBE) said on 12/10/2014.

The decision includes...
SCA Inks Deals with Int’l Dredging COs
Egypt >> 10/19/2014 - Suez Canal Authority (SCA) signed on 18/10/2014 agreements with international dredging companies to carry out the dredging of the new water way. The signing ceremony was attended by Prime Minister Ibr...
Egypt Considering 1.5 b Bond as it Repairs Economy
Egypt >> 10/24/2014 - Egypt could tap international bond markets to raise up to $1.5 billion next year to shore up its finances and is open to agreeing an International Monetary Fund loan package if needed, Finance Ministe...
Jordan's Housing Bank Posts172.4m Profit in 9 Months
Kuwait >> 10/25/2014 - Jordan's Housing Bank for Trade and Finance , about 19 percent of which is Kuwaiti-owned, has realized USD 172.4 million in profit during the first nine months of the year, it announced on Saturday.
Etisalat Continues to Achieve Strong Financial Results
United Arab Emirates >> 10/29/2014 - Etisalat announced its consolidated financial results for the third quarter of 2014, showing an increase in year-on-year consolidated revenues and subscribers in both the U.A.E. and its international ...
5th Round of Egyptian-Ethiopian Committee in Addis Ababa
Egypt >> 11/1/2014 - The Ethiopian Capital Addis Ababa hosted on Saturday 01/11/2014 the 5th round of Egyptian-Ethiopian Joint Committee for two days on the level of senior officials.

The 5th round's meetings w...
56% Shareholders of Egypt's Bisco Misr Agree to Sell
Egypt >> 11/2/2014 - Shareholders holding 56 percent of Egyptian snack maker Bisco Misr have agreed to sell their shares to United Arab Emirates-based Abraaj Investment Management, Bisco Misr said.

Abraaj Inves...
KSE Ends Sunday's Session on Mixed Boards
Kuwait >> 11/2/2014 - Kuwait Stock Exchange (KSE) ended Sunday's trading on mixed boards as the weighted index reached 483.11 points, gaining 0.95 points, the price index reached 7,359.91 points, losing 1.7 points and the ...
Saudi Arabia,Egypt Sign Three Agreements
Saudi Arabia >> 11/2/2014 - The Saudi Fund for Development and Egypt have signed three agreements worth $300 million in presence of Egyptian Prime Minister Eng. Ibrahim Mahlab.

The first and second agreements aim to f...
OPEC Daily Basket Price for Friday, 31st October 2014
United Arab Emirates >> 11/3/2014 - The price of OPEC's basket of twelve crudes stood at US$81.97 a barrel on Friday, compared with $82.79 the previous day, according to OPEC Secretariat calculations.

OPEC Reference Basket of...
SODIC Raises $139 mln for New Projects
Egypt >> 11/3/2014 - SODIC, Egypt's third-largest listed property developer, has completed a 1 billion pound ($139 million) capital increase to help finance new projects as the country's real estate market begins to recov...
UAE Lead Regionally in World Bank Doing Business
United Arab Emirates >> 11/4/2014 - Dubai Trade, the premier cross-border trade facilitator, has welcomed the latest edition of the ‘Doing Business 2015’ report, released by the World Bank and International Finance Corporation (IFC).
EU Forecasts Weak Economic Growth this Year
Kuwait >> 11/4/2014 - he European Commission Tuesday presented its autumn forecast which projects weak economic growth for the rest of this year in both the EU and the euro area.

Real GDP growth is expected to r...
SBWC Signs Mou with International Trade Centre
United Arab Emirates >> 11/5/2014 - The Sharjah Business Women Council, SBWC, has signed a Memorandum of Understanding with the International Trade Centre, ITC, the joint agency of the World Trade Organisation and the United Nations, wi...
NCMS Warns of Rough Seas in Arabian Gulf
United Arab Emirates >> 11/5/2014 - The National Centre of Meteorology and Seismology, NCMS, has warned seafarers of rough seas in the Arabian Gulf.

The centre has called on all seafarers to take precautionary measures.
Egypt's OCI to Build Coal Power Station on Red Sea Coast
Egypt >> 11/5/2014 - Egypt's Orascom Construction, a subsidiary of OCI, has announced plans to build a 2,000 to 3,000 megawatt coal-fired power plant in Egypt in a joint venture with Abu Dhabi's International Petroleum In...
KSE Indices Continue Spiral Down
Kuwait >> 11/5/2014 - The benchmark of Kuwait Stock Exchange (KSE) continued to severely drop close to midday at Wednesday's session.

The Weighted index dropped 4.42 points, the Price Index 1.62 points and the K...
Ajman Tourism Announces 46 Percent Increase Visitors
United Arab Emirates >> 11/6/2014 - The Ajman Tourism Development Department, ATDD, has announced that the number of visitors to Ajman increased by 46 percent during the first half of 2014, compared to the same period in 2013. The annou...
Abu Dhabi Wins Travel Agents Choice Destination
United Arab Emirates >> 11/6/2014 - Abu Dhabi has won the Destination of the Year award for the City category in the UK Travel Agents Choice Awards, which are voted for by readers of one of the country’s top trade magazines, 'Selling Tr...
OCI Plans Egypt, UAE Listing for Construction Business
Egypt >> 11/6/2014 - Netherlands-based chemicals producer OCI said it plans to seek listing for its construction business in Egypt and the United Arab Emirates, a day after it announced plans to build a $2.5bn power plant...

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