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Kuwait, Egypt Sign KD 30 M Loan Agreement for Power Project
Kuwait >> 11/23/2015 - The Kuwait Fund for Arab Economic Development (KFAED) and the Egyptian government have signed a loan agreement worth KD 30 million (about USD 98.7 million) to contribute to financing the Egypt-Saudi p...
Sisi Asserts Importance of Trade, Industry for National Economy
Egypt >> 11/23/2015 - President Abdel Fattah El-Sisi asserted the importance of industry and trade as key foundations of the national economy.

In addition to their economic benefits, they contribute to achieving...
UAE Ministry of Economy Sign MoU to Promote Innovation
United Arab Emirates >> 11/23/2015 - The UAE Ministry of Economy and General Electric signed a Memorandum of Understanding (MoU) to strengthen the culture of localised innovation, and inspire UAE government employees with deep insights o...
Kuwait Donates USD 1.1 Mln to Charities in Jordan
Kuwait >> 11/23/2015 - Kuwaiti Ambassador to Jordan Dr. Hamad Al-Duaij handed over a collection of donations of USD 1.1 million to two charitable organizations supporting the Syrian refugees.

The donations came fr...
Qatar’s Ambassador Meets Vice President of Serbian Commerce Chamber
Qatar >> 11/24/2015 - Vice President of the Chamber of Commerce of the Republic of Serbia and the President of the Belgrade Chamber of Commerce Milivoje Miletic met on Tuesday with HE Qatar's Ambassador to Serbia Sheikh Mu...
Sisi Establishes Economic Zone around Egypt's Suez Canal
Egypt >> 11/24/2015 - President Abdel Fattah el-Sisi issued a decree establishing an economic zone for Egypt's Suez Canal, the country's state news agency said Egypt inaugurated a major extension of the Suez Canal last wee...
SA’s Finance Minister Meets Bangladeshi Counterpart
Saudi Arabia >> 11/24/2015 - The Minister of Finance Dr. Ibrahim bin Abdulaziz Al-Assaf met with Minister of Finance of Bangladesh, Mr. Abualmaal Abdulmuheet.

During the meeting, they discussed bilateral relations betwee...
Etisalat Celebrates UAE Innovation Week
United Arab Emirates >> 11/24/2015 - Etisalat has announced that it is undertaking several initiatives across functions and departments of the company to commemorate UAE Innovation Week, running until November 28th. The company’s activit...
Egypt to Control Prices of 10 Commodities as Inflation Rises
Egypt >> 11/24/2015 - Egypt will control the prices of 10 essential commodities, a statement from the Prime Minister's office said, as the country tries to keep inflation in check amid a shortage of foreign currency.
Dr.Ibrahim Al-Assaf Meets World Economic Forum Chairman
Saudi Arabia >> 11/25/2015 - Minister of Finance Dr.Ibrahim Al-Assaf met the Founder and Chairman of Board of Directors of World Economic Forum, Professor Klaus Schwab currently visiting the Kingdom.

During the meeting...
Governor of Bank of Algeria Meets Qatari Ambassador
Qatar >> 11/25/2015 - Governor of the Bank of Algeria Mohammed Laksaci met with Qatar's Ambassador to Algeria Ibrahim bin Abdulaziz Al-Sahlawi.

During the meeting, they discussed relations between the two broth...
DGCX to launch Chinese Yuan Futures Dec. 2015
United Arab Emirates >> 11/26/2015 - The Dubai Gold and Commodities Exchange, DGCX, is scheduled to launch Chinese Yuan Futures on 18th of next month, subject to regulatory approvals, as part of the exchange’s efforts to make the Yuan ac...
Egypt returns ex-governor Okda to central bank fold
Egypt >> 11/26/2015 - Egypt has appointed ex-central bank governor Farouk al-Okda to a high-level committee at the central bank as part of a reshuffle analysts say is aimed at helping steer the country out of a foreign exc...
UAE is The First Middle Eastern Country to Participate in The World SME Expo DEC.2015
United Arab Emirates >> 11/26/2015 - The United Arab Emirates will be the first country from the Middle East to participate in the World SME Expo, which is being held at the Hong Kong Convention and Exhibition Centre from 3-5 December, w...
UAE-Jordan Economic Forum Starts in Amman
Jordan >> 11/26/2015 - UAE Minister of Economy, Sultan bin Saeed Al Mansouri, and Jordanian Minister of Industry and Trade, Maha Ali,co-chaired the first UAE-Jordan Economic Forum in the Jordanian capital, Amman, in the pre...
Egypt’s Exports to Nile Basin Countries hit $96.2m in August 2015
Egypt >> 11/28/2015 - The Central Agency for Public Mobilization and Statistics (CAPMAS) said on Saturday 28/11/2015 that Egypt's exports to the Nile Basin countries during August reached USD 96.154 million up from USD 83....
SCA Signs Deal with DP World for Ain Sokhna Sea Port Development
Egypt >> 11/28/2015 - Egypt’s Suez Canal Authority (SCA) and the Red Sea Ports Authority signed an agreement with Dubai Ports World and Sonker Bunkering Company for the development of Egypt’s Ain Sokhna seaport.

...
Financial Reserves Stabilize Kuwait's Economy Against Challenges
Kuwait >> 11/29/2015 - Kuwait's economy was steady against challenges and changes due to the huge amounts of the state's financial reserves, said Chairman of the National Bank of Kuwait (NBK) Nasser Al-Sayer. Kuwait's sover...
Saudi Ambassador to Nepal Receives Minister of Commerce of Nepal
Saudi Arabia >> 11/29/2015 - Ambassador of the Custodian of the Two Holy Mosques in Nepal HE/Nasser Bin Hussein Al-Harthy, received Nepalese Minister of Commerce Mr. / Ganesh Man Bonn.

During the meeting, they discusse...
Kuwait Donates $ 758,000 to aid Syrian Refugees in Jordan
Kuwait >> 11/29/2015 - Kuwait's Ambassador to Jordan Dr. Hamad Al-Duaij has handed out a USD 758,000 worth of aid to two charitable societies in Jordan to help improve the humanitarian situation of the Syrian refugees and n...

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