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55 Ships Transit Suez Canal
Egypt >> 11/10/2015 - As many as 55 ships transited the Suez Canal in both directions on 9/11/2015, carrying a total cargo of 2.7 million tons.

The south-bound convoy included 26 vessels, carrying 1.576 million ...
Drydocks World Dubai Celebrates Collaborative Research with Imperial College London
United Arab Emirates >> 11/11/2015 - The medical team at Drydocks World has organised an event to celebrate the successful completion of collaborative research with Imperial College London.

The event was attended by Abdulrahma...
Jordan and Cyprus Discuss Relations
United Arab Emirates >> 11/12/2015 - King Abdullah II of Jordan has met with Cyprus President, Nicos Anastasiades.

During a one-on-one meeting with the Cypriot leader, followed by an expanded meeting, attended by senior offici...
Dubai Customs Wins Four Top Awards At Ideasuk
United Arab Emirates >> 11/14/2015 - Dubai Customs has scooped four top awards at the ideasUK 29th Annual International Conference held recently in London, further establishing its firm foothold in the international and regional scenes a...
British Business Delegation to Visit Kuwait Late Feb.
Kuwait >> 11/14/2015 - Chief Executive Officer of Pathfinder Trade and Invest Michael Thomas announced the organization of a visit of a delegation of British businessmen to Kuwait from 21 to 25 February in order to discuss ...
Egypt's Central Bank Keeps Pound at 7.7301 Per Dollar
Egypt >> 11/15/2015 - Egypt's central bank kept the pound steady at LE7.7301 to the dollar at its official foreign currency auction , a foreign exchange trader said, less than a week after it surprised the market by streng...
Germany to Loan Egypt 4.1 Bn Euros for Electricity
Egypt >> 11/15/2015 - German credit insurance agency Euler Hermes will underwrite a 4.1 billion euro loan to Egypt from a consortium of German banks for electricity production undertakings to be constructed by Siemens, the...
Commerce and Industry Minister meets Turkish Economy Minister
Saudi Arabia >> 11/16/2015 - Minister of Commerce and Industry Dr. Tawfiq Al Rabiah met in the Turkish city of Antalya, with Turkish economy minister Nihat Zeybekci, on the sidelines the summit of leaders of the countries of the ...
Egyptian Embassy in UAE Sponsors Initiative to Promote Tourism
Egypt >> 11/17/2015 - The Egyptian Embassy in the United Arab Emirates (UAE) has sponsored an initiative entitled “Support Your Country's Tourism” aiming at backing the Egyptian tourism, said Assistant Foreign Minister for...
Dubai Chamber, Coface, and NGI Sign MOU to Support Trade with Africa
United Arab Emirates >> 11/17/2015 - The Dubai Chamber of Commerce and Industry (DCCI) signed a Memorandum of Understanding (MoU) with Coface and National General Insurance Company (NGI) for co-operation in supporting Dubai Chamber membe...
EBRD Finances Damanhour Power Plant
Egypt >> 11/17/2015 - International Cooperation Minister Sahar Nasr signed a US$200 million agreement with the European Bank for Reconstruction and Development (EBRD) on Tuesday to finance the Damanhour power plant.
Hamed Bin Zayed Meets Minister of Finance of India
United Arab Emirates >> 11/17/2015 - H.H. Sheikh Hamed bin Zayed Al Nahyan Chief of the Abu Dhabi Crown Prince's Court and Chairman of the Higher Corporation for Specialised Economic Zones (ZonesCorp) and Managing Director of Abu Dhabi I...
Oman’s Ministry of Oil and Gas Signs up for DME Auctions
Oman >> 11/17/2015 - The Dubai Mercantile Exchange, DME, announced that Oman’s Ministry of Oil and Gas has become the first customer of its recently launched DME Auctions platform. The news is a significant show of suppor...
Ibrahim bin Abdulaziz Meets Undersecretary of U.S. Treasury Department
Saudi Arabia >> 11/18/2015 - The Minister of Finance Dr. Ibrahim bin Abdulaziz Al-Assaf met with Undersecretary of U.S. Department of Treasury for International Affairs Nathan Sheets currently visiting the Kingdom.

Du...
Egypt's Trade Deficit Down 26% in August 2015
Egypt >> 11/18/2015 - Egypt's trade deficit fell 26 percent to LE27.9 billion in August of 2015 down from LE37.5 billion in the same month last year.

The trade deficit fell despite a drop in Egyptian exports due...
Dubai Chamber of Commerce launches report on African growth
United Arab Emirates >> 11/18/2015 - The Dubai Chamber of Commerce and Industry published a report into growth trends outside the natural resources and commodities sector in sub-Saharan Africa.

The report, entitled, "Beyond Co...
Egypt, China Sign $ 31.5 m Grant Agreement
Egypt >> 11/19/2015 - Egypt and China signed a grant agreement worth around $ 31.5 million to finance bilateral technical and economic cooperation projects.

The agreement was signed by Minister of International...
Egypt Expects to Receive $1.5 Bln Loans From WB before 2015 End
Egypt >> 11/19/2015 - The World Bank expects to make a $1 billion development policy loan available to Egypt in December if all goes to plan after completing negotiations in Cairo, a senior World Bank official said.
UAE Ambassador Meets Malawian Finance Minister
United Arab Emirates >> 11/21/2015 - UAE Ambassador to Tanzania and Non-resident Ambassador to Malawi Abdullah Ibrahim Al Suwaidi met with Malawian Minister of Finance, Planning and Economic Development, Goodall Kayiwonanga Gondwe.
Egypt’s Trade Ministry to enforce new system to support exports
Egypt >> 11/21/2015 - The Trade and Industry Ministry announced that a new program for supporting exports will come into force.

The new scheme will consider the needs of the export sectors and cope up with the c...

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