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Economics/Financial Analysis News

SME Sector is a Major Factor of Economic Growth
United Arab Emirates >> 5/23/2012 - Mohammed Abdullah Al Gergawi, Minister of Cabinet Affairs and the chairman of the organizing committee of Middle East SME, a forum for SMEs, emphasized that the forum, which is the largest in the regi...
HSBC Bank Showed Increased Profits and Revenues in 2012
Egypt >> 5/24/2012 - HSBC Bank Egypt SAE, operating under the investment law and capitalized at L.E. 2,078 million, fully paid up, has posted for the first quarter of 2012 about L.E. 431.3 million net profits before taxes...
Lebanese Interior Minister Meets with Qatar's ambassador
Qatar >> 5/24/2012 - Lebanonese Minister of Interior and Municipalities Marwan Charbel met here with HE Qatar's ambassador to Lebanon Saad bin Ali Al-Muhannadi. During the meeting, the two sides discussed bilateral relati...
NBAD to Open New Business Banking Centers
United Arab Emirates >> 5/24/2012 - The National Bank of Abu Dhabi (NBAD) plans to launch eight new business banking centers during the current year to further serve small- and medium-sized enterprises (SME) in the UAE. Since last year ...
Automotive Sector in Jafza Posts 20 Percent Growth in 2011
United Arab Emirates >> 5/24/2012 - The automotive sector in Jafza is estimated to have generated trade worth over AED 14 billion in 2011 posting a growth of over 20 percent against 2010. The automotive sector's robust growth in 2011 re...
Tunisia's Economy Returns to Growth in Q1 2012
Tunisia >> 5/24/2012 - Tunisia said its economy grew 4.8 per cent in the first quarter compared to the same period in 2011, when weeks of protests ousted veteran leader Zine al-Abidine Ben Ali and hit the economy. Gross dom...
Meeting on Solving Leather Industry in Egypt
Egypt >> 5/25/2012 - Prime Minister, Dr. Kamal Al-Ganzoury, held meeting with head of the leather tanning chamber and members of the chamber, in attendance of the Minister of Industry. The meeting tackled problems of the ...
CBE: Egyptian Pound Deposits increased by 5.2%
Egypt >> 5/25/2012 - Governor of the Central Bank of Egypt (CBE) Dr. Farouk El-Oqda said that the growth rate of total deposits recorded 89.4% in last January, where the household sector deposits reached 7.77% of total de...
Egyptian Stock Exchange Gains 5 Billion Pounds
Egypt >> 5/25/2012 - The Egyptian Stock Exchange continued to make profits on the second day running on the final day of voting for the presidential elections to garner in two days 5 billion pounds at the close of trading...
Egypt’s Economy Close to Return to its Normal Growth Rates
Egypt >> 5/25/2012 - Egypt's economy began to recover and return to its normal growth rates in the third quarter of the Fiscal Year 2011/2012, the Planning Ministry said on 24/05/2012 in a report. In the report, which cov...
Egyptian Economy will Hit the Skies
Egypt >> 5/25/2012 - Minister of Finance Momtaz al-Saeed has said that he expects the Egyptian economy to thrive spectacularly after the presidential election and restoring political stability. Saeed told MENA after casti...
Momtaz al-Saeed :EGP16.2bn for Bread Subsidy
Egypt >> 5/26/2012 - Finance Minister Momtaz al-Saeed on 25/05/2012 said that total subsidy for bread hit EGP16.2 billion in the State budget this fiscal year 2012/2013, subsidy for purchasing wheat from farmers also hit ...
ESE Gains EGP 4.4 Billion in Elections Week
Egypt >> 5/26/2012 - The Egyptian Stock Exchange (ESE) gained up to EGP 4.4 billion during last week's trading on the backdrop of presidential elections that kicked off on Wednesday and lasted until Thursday. The gains we...
DEC builds Strategic Partnerships with US
United Arab Emirates >> 5/26/2012 - As part of its vision of being a strategic partner to the Government of Dubai in economic policy-making, the Dubai Economic Council (DEC) conducted a visit to the United States, recently. The DEC dele...
Jawaher Al Qasimi Urges Support for SMEs
United Arab Emirates >> 5/26/2012 - Sheikha Jawaher Bint Mohammed Al Qasimi, Chairperson of the Supreme Council for Family Affairs and Honorary Patron of the Sharjah Business Women Council, urged young entrepreneurs to adopt competitive...
Signs of Tunisia Recovery
Tunisia >> 5/26/2012 - Tunisia's economy is showing signs of revival after popular protests last year pushed it into recession but the crisis in the euro zone, its most important export market, presents risks, a senior IMF ...
Qatari Investments in Cairo Revive the Egyptian Economy
Egypt >> 5/27/2012 - Economists and businessmen assure that the visit of a Qatari delegation of senior businessmen and members of the Board of the Chamber of the Doha Trade and Industry to pump about ten billion dollars a...
Dubai Chamber Expands Network in Central Europe and CIS
United Arab Emirates >> 5/27/2012 - Dubai Chamber of Commerce and Industry will open its second overseas representative office in Azerbaijan towards the end of this year in order to explore commercial opportunities in Central Asia and t...
EGP3bn to Finance Domestic Wheat Purchase
Egypt >> 5/27/2012 - Minister of Finance Momtaz al-Saeed decided to swiftly earmark EGP500 million to the Ministry of Supply and Trade as a fourth batch to finance purchase of domestic wheat. The aggregate funds transferr...
Egypt to Dig 100 Water Wells in Tanzania
Egypt >> 5/27/2012 - Egyptian Minister of Water Resources and Irrigation Hisham Qandeel underlined on 26/5/2012 Egypt’s continued support for other Nile Basin countries. Qandeel received a report from a ministry's delegat...

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