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Dubai to Open First Representative Office in Ethiopia
United Arab Emirates >> 5/20/2012 - A new era in Dubai and Ethiopia’s bilateral relationship commenced with Dubai Chamber of Commerce and Industry announcing the opening of a representative office by the end of the year in Addis Ababa. ...
Establishing Ras Sedr Airport at EGP 600 Million
Egypt >> 5/21/2012 - Prime Minister Kamal al-Ganzouri approved to set up a new airport in Ras Sedr, with a total cost of approximately LE 600 million. Ganzouri called for building the airport through an Egyptian joint sto...
1.8 bn to Set up Sodium Carbonate Project
Egypt >> 5/21/2012 - Dr. Mahmoud Eissa Industry and Foreign Trade Minister witnessed the signing of a protocol to establish a sodium carbonate project with a production capacity of half a million tons annually. The plant ...
CBE: Egypt Does not Need IMF Loans
Egypt >> 5/21/2012 - Dr. Farouk Al Oqda Governor of the Central Bank (CBE) affirmed that Egypt is not in need for the international monetary fund (IMF) loan of $ 3.2 bn, adding that he did not visit Washington for this pu...
Younis: 6 Stations Operating Power of five-year Plan
Egypt >> 5/21/2012 - Electricity Minister Hassan Yunis presided on 20/5/2012 over a general assembly meeting of the Egyptian Electricity Holding Company to address future activities and the 2012/13 budget whose investment...
Dubai to be Global Hub for Products from Argentina
United Arab Emirates >> 5/21/2012 - The Department of Economic Development (DED) in Dubai and the Ministry of Agriculture, Livestock and Fisheries in Argentina have signed a Joint Statement of Co-operation to boost commercial exchange i...
First 'Made In Korea' Exhibition Inaugurated in Abu Dhabi
United Arab Emirates >> 5/21/2012 - The Minister of Foreign Trade Sheikha Lubna bint Khalid Al Qasimi today inaugurated the "Made in Korea (MIK 2012)", a pioneering exhibition in the MENA region showcasing products, services and technol...
UAE to Settle Citizens' Defaulted Loans, up to $1.4 Million
United Arab Emirates >> 5/21/2012 - The United Arab Emirates will settle up to 5 million dirhams ($1.36 million) of defaulted loans for each indebted Emirati, state news agency WAM said on Sunday, in the second such move by the governme...
Fayez Tarawneh Meets Chairman of Kuwaiti PAAAFR
Jordan >> 5/22/2012 - Prime Minister Fayez Tarawneh discussed with Chairman of the Kuwaiti Public Authority for Agricultural Affairs and Fish Resources (PAAAFR) Jassem Al-Badr, means of forging closer cooperation between t...
5.2 % Rate of Growth, Currency Reserve Goes up
Egypt >> 5/22/2012 - The growth rate has risen for the first time after January 25th Revolution to reach 5.2 per cent in the third quarter of the current fiscal year compared to 4.3 percent in the same period of fiscal ye...
EGX Recovers LE 3.5bn
Egypt >> 5/22/2012 - The Egyptian Stock Exchange recovered LE 3.5 billion during the close of trading on 21/5/2012, backed by Egyptian and Arab purchases. The benchmark EGX 30 index was up 1.8 percent to 4878.37 points. T...
UAE Envoy Meets Chief of Pakistan Trade Agency
United Arab Emirates >> 5/22/2012 - Essa Abdulla Al Basha Al Nuaimi, UAE Ambassador to Pakistan, discussed with Tariq Puri, Chief Executive, Trade Development Authority of Pakistan (TDAP), avenues of joint cooperation and results of the...
Central Bank Holds Meeting with Bank CEOs
United Arab Emirates >> 5/22/2012 - As part of the quarterly consultative meetings between the Central Bank and banks operating in the UAE, the second quarterly meeting was held. The meeting was chaired by the Central Bank Governor Sult...
Thiess Signs a Contract with Al Jaber Group
United Arab Emirates >> 5/22/2012 - Under the strategic agreement made by Abu Dhabi Waste Management Centre (ADWMC) and Thiess Services Middle East (TSME) for a period of 15 years for the construction and management of a recycling facil...
Egypt's Trade Balance Deficit up Annual 9.8 Per cent
Egypt >> 5/22/2012 - Egypt's trade balance deficit climbed by an annual 9.8 per cent to reach LE17.2 billion in January 2012, according to official figures cited by Ahram's Arabic gate. The country's trade balance deficit...
Saudi Aid Package for Egypt being Finalized
Egypt >> 5/22/2012 - Saudi Arabia's Finance Minister Ibrahim Al-Assaf said in a speech that the OPEC country was in the process of finalising its $2.7-billion aid package for Egypt. The funds are aimed at helping Cairo se...
Reviewing Situation of Various Projects
Egypt >> 5/22/2012 - Prime Minister, Dr. Kamal Al-Ganzoury, held meeting to review situation of various projects attracting investment, in attendance of Ministers of Planning and Agriculture, Head of the General Authority...
Eissa Asserts Egypt’s Keenness to Solve Investment Problems
Egypt >> 5/23/2012 - Minister of Trade and Industry Mahmoud Eissa asserted the Egyptian government's keenness on solving all problems facing companies investing in Egypt to achieve balance between all parties concerned. <...
Transport Ministry’s Budget in 2012/2013 LE 11.6 bn
Egypt >> 5/23/2012 - Minister of Transport Galal Mustafa Saeed said on 22/5/2012 that the total budget of the Transport Ministry in 2012/2013 reached LE 11.6 billion. The first part of the ministry's budget, LE 7.5 billio...
Abdullah II, Chinese Official Discuss Economic Ties
Jordan >> 5/23/2012 - His Majesty King Abdullah II welcomed a Chinese delegation led by member of the politburo of the Communist Party of China Wang Yang and discussed prospects for forging closer economic ties between the...

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