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Egypt's OCI Gets $100 Million Loan from World Bank
Egypt >> 6/7/2012 - Egypt's Orascom Construction Industries (OCI) has secured a $100 million loan from the World Bank's investment arm to help it expand across the region and rebuild confidence in the country's private s...
Colombia Focuses on Success of Dubai’s Retail Sector
United Arab Emirates >> 6/7/2012 - Dubai Chamber of Commerce and Industry received a high profile delegation of businessmen from Colombia as part of efforts to enhance trade and investment ties between Dubai and Latin America. Fifteen ...
Local Indebtedness Reaching L.E. 1.183 Trillion in March
Egypt >> 6/8/2012 - Total local indebtedness by the end of March 2012 has reached L.E. 1.183 trillion ($ 196 billion) marking L.E. 50 billion increase above its level 3 months ago. The issue represents one of the main ch...
Egypt’s Participation in Arab-Turkish Forum in Libya
Egypt >> 6/9/2012 - Foreign Minster Mohamed Kamel Amr received a detailed report from Assistant Foreign Minister Ayman Musharafa on the outcome of the Arab-Turkish forum which wrapped up on 08/06/2012. Egypt took part in...
El-Ganzouri Reviews Report on Projects of Arab Contractors
Egypt >> 6/9/2012 - Prime Minister Dr. Kamal el-Ganzouri received on 08/06/2012 Eng. Ibrahim Mahlab, the Chairman of the Arab Contractors Company. During the meeting, Ganzouri reviewed a report on the great development w...
Mohamed Salem: Communications Sector Gains EGP36.6bn
Egypt >> 6/9/2012 - The Egyptian communications sector has yielded EGP 36.6 billion in revenues during the current fiscal year, contributing 3% of the gross domestic product, said Communications and Information Technolog...
Meeting on Local Goods Protection from Foreign Dumping
Egypt >> 6/9/2012 - Prime Minister, Dr. Kamal Al-Ganzoury, held meeting of the committee on local goods protection from foreign dumping. The Minister of Industry confirmed that decrees imposing anti-dumping fees on certa...
Anti-dumping Authority in Egypt Imposes Duty on Commodities
Egypt >> 6/10/2012 - Industry and Foreign Trade Minister, Dr. Mahmoud Eissa, on 9/6/2012 said that the decision to impose dumping duties on particular commodities is usually issued by Anti-Dumping Authority at internation...
Egypt Wheat Reserves Enough for Next 6 Months
Egypt >> 6/11/2012 - Egypt’s strategic reserves of wheat are enough for between three and six months, the country's Ministry of Supplies and Domestic Trade announced. Egyptian wheat reserves sit at 4.7 million tonnes, 1.7...
Dubai Chamber Rewards Leaders in Sustainability
United Arab Emirates >> 6/11/2012 - Dubai, UAE: Eight major Dubai-based companies have been awarded the Dubai Chamber CSR Label for their efforts to become leading businesses in corporate social responsibility and sustainability. Abela ...
Dubai Chamber Rewards Leaders in Sustainability
United Arab Emirates >> 6/11/2012 - Eight major Dubai-based companies have been awarded the Dubai Chamber CSR Label for their efforts to become leading businesses in corporate social responsibility and sustainability. Abela & Co, Emrill...
Top Exporting Companies Honoured by Dubai Chamber
United Arab Emirates >> 6/11/2012 - As part of its efforts to encourage strong export performance among its members, Dubai Chamber of Commerce and Industry recognised four companies as SME Exporters of the Month during an exclusive cere...
Egyptian Stock Exchange (ESE) Loses LE 1.1 bn
Egypt >> 6/11/2012 - Egyptian Stock Exchange (ESE) lost almost LE1.3 billion on Sunday's trading due to intensified sales of foreign and Egyptian investors. The main benchmark EGX30 index dropped by 0.39 percent registeri...
356,000 Feddans Allocated for Investors in Sinai
Egypt >> 6/11/2012 - As of mid-July this year 356,988 feddans will be allocated for investors in Sinai and Toshka and Sharq al-Owainat in the New Valley governorate for the purpose of possession or usufruct. In statements...
Egypt Islamists Draft Code to Boost Islamic Banks
Egypt >> 6/12/2012 - The political party of Egypt's Muslim Brotherhood, which has the biggest bloc in parliament, is proposing changes to the banking law with the goal of boosting the market share of Islamic banks to 35 p...
UAE's CB Signs MoU with Madagascar's SAMIFIN
United Arab Emirates >> 6/13/2012 - The Anti-Money Laundering and Suspicious Cases Unit (AMLSCU) at the Central Bank finalized the memorandum of understanding (MoU) with the Financial Information Unit of Madagascar. The MoU was signed a...
US Development Grants to Egypt Plunged 95 pct in 2011
Egypt >> 6/13/2012 - US development grants to Egypt plunged an annual 95 per cent to $15.5 million in 2011, data from state statistics agency CAPMAS showed. Egypt received $285.2 million in such grants from the United Sta...
IBRD Expects Egyptian Economic Growth by 1.4% in 2012
Egypt >> 6/13/2012 - The International Bank for Reconstruction and Development (IBRD) expected that the Egyptian economy will achieve an annual growth rate of 1.4% during 2012, which is likely to increase to 4.6% in the y...
Egypt's GASC has 6-Month Wheat Supply
Egypt >> 6/13/2012 - Egypt's state wheat buyer said it had purchased six months' supply from local and international sources and was looking to issue a new international wheat tender for delivery in the start of August. N...
Nokia to Cut 10,000 Jobs as Q2 Weak
Egypt >> 6/14/2012 - Nokia plans to cut one in five jobs at its global cellphone business as it loses market share to rivals Apple and Samsung and burns through cash, raising new fears over its future. In a second profit ...

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