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Egyptians Expect Better Economic Conditions in 2015
Egypt >> 1/4/2015 - The Egyptian people expect an improvement in economic conditions during 2015, the Information and Decision Support Center (IDSC) revealed on Saturday.

The consumer confidence index on the ...
US Adds More than 250,000 Jobs in Dec.
Kuwait >> 1/9/2015 - The US Bureau of Labor Statistics on Friday revealed that the country saw an increase of 252,000 jobs in December, which helped the unemployment rate drop to 5.6 percent.

The job additions,...
United Arab Bank Opens New Branch in Dubai
United Arab Emirates >> 1/12/2015 - United Arab Bank, UAB, has announced the opening of its 12th branch in Dubai on Jumeirah Beach Road, extending its network to 31 locations across the UAE. The new branch was formally opened by Tony B....
RTA Showcases Dubai Metro and Tram in Kuwait
United Arab Emirates >> 1/12/2015 - A delegation from the Rail Agency, Roads and Transport Authority, RTA, took part in Key Projects Achievement Forum held recently in Kuwait by delivering a working paper showcasing the design and const...
US Dollar Stable against Kuwaiti Dinar at KD 0.293
Kuwait >> 1/12/2015 - The exchange rate of the US dollar against the Kuwaiti dinar was stable at KD 0.293 on Sunday and the euro rate was also stable at KD 0.348, compared to that of Thursday, said the Central Bank of Kuwa...
Govt Sends 42 Investment Projects to Banks for Study
Egypt >> 1/12/2015 - Investment Minister Ashraf Salman said 42 investment projects were sent to investment banks for study in order to be floated at the economic conference that will be held in Sharm El Sheikh in March.
Egypt's credit risk jumps 36% since Sisi elected
Egypt >> 1/12/2015 - Egypt's credit risk has grown by 36 percent since President Abdel Fattah al-Sisi was elected in June 2014, according to a Bloomberg report.

Egypt’s economic outlook has led to a sharp incre...
Strong Economy Key for Egypt’s Future Democracy
Egypt >> 1/13/2015 - The UK has repeated its commitment to helping Egyptians rebuild their country, and called economic revival the key to Egypt’s security and democracy.

The commitment comes a day before the U...
Turkey Seeks to Push Trade Volume with Iran to USD 30 bln
Turkey >> 1/14/2015 - Turkish Minister of Development Cevdet Yilmaz said his country seeks to push the bilateral trade volume with Iran to USD 30 billion a year.

To increase the trade with Iran will help promote...
Toyota Gets Quadruple Orders for World's First Mass-Produced FCV
Japan >> 1/15/2015 - Toyota Motor Corp. said Thursday it has received about 1,500 orders in Japan for its "Mirai" hydrogen fuel-cell sedan in the first month since its launch, nearly four times higher than expected.
Kuwaiti Female Students Conclude KFAED-Funded Trip, Morocco
Kuwait >> 1/17/2015 - The delegation of outstanding Kuwaiti female students concluded on Saturday their trip to Morocco organized by the Kuwait Fund for Arab Economic Development (KFAED) in collaboration with Ministry of E...
4 New Renewable Energy Projects under $50m Fund
United Arab Emirates >> 1/17/2015 - The United Arab Emirates (UAE) today signed partnership agreements with four new Pacific island countries to deploy renewable energy projects under the US$50 million UAE-Pacific Partnership Fund.
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Japan's Abe Pledges Support for Mideast Countries Battling IS
Egypt >> 1/17/2015 - Japanese Prime Minister Shinzo Abe warned on Saturday that the world would suffer an "immeasurable loss" if terrorism spreads in the Middle East and pledged about $200 million in non-military assistan...
Sisi to Deliver Speech in First UAE Visit as President
Egypt >> 1/17/2015 - Egypt's President Abdel-Fattah El-Sisi flew Saturday to the UAE where he will spend two days, during which he will attend the World Future Energy Summit and deliver a speech.

This is the f...
Japanese PM Arrives in Jordan
Kuwait >> 1/17/2015 - Japanese Prime Minister Shinzo Abe arrived in Amman from Cairo for a two-day visit to Jordan during which he will hold talks with King Abdullah II, Prime Minister Abdullah Ensour and other officials, ...
Saudi-Egyptian Association to Build LE600 Mn Hospital
Egypt >> 1/18/2015 - The Saudi-Egyptian Businessmen Association has declared plans for a 100-room hospital in Egypt worth LE600 milion.

Mohamed al-Raghy, the association’s CEO, said the project has been under ...
Egypt Finishes First Meeting with African Ministers
Egypt >> 1/18/2015 - Egypt wrapped up on Sunday a first meeting with a number of African trade ministers over talks related to unifying African positions in negotiations with the World Trade Organization (WTO) over variou...
Mashreq Bank Records Increase Of 33% in Net Profit, 2014
United Arab Emirates >> 1/19/2015 - Mashreq bank delivered strong financial results for the year ending 2014, reporting a net profit of AED2,401 million, an increase of 33.0% as compared to 2013, and earnings per share strengthened to A...
Nestle Plans to Invest $138m in Egypt
Egypt >> 1/20/2015 - Swiss food giant Nestle plans to invest about LE 1billion ($138 million / 91 million pounds) in Egypt in the next few years and believes economic reforms could deliver results, its regional CEO said ...
OPEC's Oil Crude Basket Up by 47 Cents
Kuwait >> 1/20/2015 - The prices of OPEC's crude basket rose by 47 cents on Monday, reaching USD 43.87 per barrel, compared to USD 43.40 pb on Friday, said the OPEC on Tuesday.

Meanwhile, the organization said t...

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