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TECOM SME Builder Focuses on New Age Business Models
United Arab Emirates >> 5/27/2012 - The 17th TECOM SME Builder organized by Dubai Knowledge Village, the region's premier destination for human resource management and a member of TECOM Investments' Education Cluster focused on New Age ...
Orascom Telecom Says Court upholds Fine on Algerian Unit
Egypt >> 5/28/2012 - Cairo-based Orascom Telecom said that an Algerian court had confirmed fines against its Algerian subsidiary but had suspended a jail sentence on a member of the unit's senior executive team.

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Hamad bin Jassim Meets China's ICBC Official
Qatar >> 5/28/2012 - HE Qatar's Prime Minister and Foreign Minister Sheikh Hamad bin Jassim bin Jabor Al Thani met with Chairman of the Board of Directors of the Industrial and Commercial Bank of China (ICBC) Jiang Jianqi...
DED to Organize Workshop for Development of Exports
United Arab Emirates >> 5/28/2012 - The Department of Economic Development in Abu Dhabi (DED) is set to organize at its headquarters a workshop titled "Standardization and Metrology for the Development of Exports" with the participation...
Bilateral Relations between Egypt and Arab Countries
Egypt >> 5/28/2012 - Joint committees between Egypt and a number of Arab countries, especially Libya, Jordan, Iraq and Sudan continue discussing ways of boosting cooperation in the energy sectors, training labour and supp...
ESE Loses EGP 9.3 bn
Egypt >> 5/28/2012 - The Egyptian Stock Exchange (ESE) lost EGP 9.3 billion on the first day of trading since the two days of presidential voting ended on 27/5/2012 to mark the second-biggest one-day plunge ever in 2012. ...
Establishing Services Projects in Red Sea Governorate
Egypt >> 5/28/2012 - Prime Minister Kamal el-Ganzouri approved on 27/5/2012 establishing several services projects for the residents of the Red Sea governorate. The projects include housing units for youth and acceleratin...
CBE Lowers Reserve Requirement on Deposits
Egypt >> 5/28/2012 - The Central Bank of Egypt (CBE) said on 27/5/2012 it was lowering the reserve requirement on local currency deposits to 10 percent from 12 percent to increase banking sector liquidity. The new ratio w...
Committee on East Port-Said Area
Egypt >> 5/28/2012 - Prime Minister, Dr. Kamal Al-Ganzoury, held meeting on development of East Port-Said area, in attendance of Ministers of Planning, Housing, Transport, Finance, and Environment, Port-Said Governor, Gen...
UAE Inflation Rise Gradually Through 2012
United Arab Emirates >> 5/29/2012 - UAE inflation is projected to increase gradually through the second half of this year, the latest study by Dubai Chamber of Commerce finds. Base effects will become visible, particularly in the second...
El-Ganzouri Discusses Blueprint for East Port Said project
Egypt >> 5/29/2012 - Prime Minister Kamal el-Ganzouri has reviewed the blueprint for a giant development project in east Port Said. During a meeting on 28/5/2012, Ganzouri ordered taking steps necessary to start implement...
Egypt is a Strategic Gateway for Turkey's Trade
Egypt >> 5/29/2012 - No one can deny the interest of Turkey in the development of the situation in Egypt since the revolution of January 25 and the announcement of Turks officials that Turkey support Egyptian government a...
Suez Canal Revenues Increased by $ 50 Billion
Egypt >> 5/29/2012 - “Adel El Lameey” head of Egyptian-Turkish Business Council bare the direction of many of the Turkish businessmen to develop the Sinai and the east and west of the Suez Canal, by investing in agricul...
ESE Loses LE 17.5 bn in 3 Trading Sessions
Egypt >> 5/30/2012 - The Egyptian Stock Exchange (ESE) lost in the past three trading sessions up to LE 17.5 billion over the results of the first round of presidential election. Also, the benchmark EGX 30 index lost 1.1 ...
NBE Extending Al Azhar Al Sharif L.E. 35 Million Grant
Egypt >> 5/30/2012 - NBE - National Bank of Egypt extending Al Azhar Al Sharif L.E. 35 million grant as a contribution for the equipping of Al Azhar New Specialist Hospital in Nasr City built by the Arab Contractors. This...
Gov’t Approves Additional Aid to Beni Suef
Egypt >> 5/31/2012 - Prime Minister Kamal el-Ganzouri approved an additional aid to Beni Suef governorate, worth of LE 117.5 million, in a bid to provide the necessary support for services projects. The remark was made by...
Momtaz el-Saeed Allocates LE 1bn to Pay Dues to Farmers
Egypt >> 5/31/2012 - The Finance Ministry has allocated one billion pounds for the Ministry of Supply and Internal Trade to pay wheat dues to farmers. Finance Minister Momtaz el-Saeed made the decision on 30/5/2012, bring...
Egypt's EFG Hermes Receives Buy-out Approach
Egypt >> 5/31/2012 - Egyptian investment bank EFG-Hermes said a group of investors had approached it with a view to presenting a buy-out offer, confirming newspaper reports. EFG - which is in the process of forming a join...
Tunisia PM Says Rating Downgrade Unfair
Tunisia >> 5/31/2012 - Tunisian Prime Minister Hamadi Jebali criticised Standard & Poor's decision to downgrade the country's rating, saying it was punishing the country's fledgling democracy.

The ratings agency...
UAE is Most Important Economic Partner for Germany
United Arab Emirates >> 5/31/2012 - The Sultan Bin Zayed's Culture And Media Centre hosted a seminar under the patronage of H.H. Sheikh Sultan bin Zayed Al Nahyan, the President's Representative and Chairman of the Sultan Bin Zayed's Cu...

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