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Egypt Buys 1.8 mln tonnes of Domestic Wheat Since Mid April 2016
Egypt Buys 1.8 mln tonnes of Domestic Wheat Since Mid April 2016 Egypt >> 5/11/2016 - Egypt's government has purchased 1.8 million tonnes of domestic wheat, almost half its target of 4 million tonnes, for the three-month harvest season starting mid-April, a cabinet statement said.
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Egypt Signs $250 mln MoU with EBRD to Develop Heliopolis Tram
Egypt >> 5/11/2016 - Egypt signed a memorandum of understanding with the European Bank for Reconstruction and Development to fund the development of Heliopolis tram, the bank said in a statement.

The EBRD will pr...
UAE: Economy Ministry issues report on UAE Foreign Trade Developments
United Arab Emirates >> 5/12/2016 -  The Ministry of Economy has issued a report on monitoring, following-up and analysis of the development of the UAE's Foreign Trade for the first quarter of 2016.

The report, which was prepar...
Egypt Takes Positive Steps Towards Sustainable Agricultural Development
Egypt >> 5/12/2016 - Egypt takes positive steps towards the attainment of a sustainable agricultural development through increasing productivity and taking advantage of new technological applications, Agriculture Minister...
Egypt: CCC, AHCCD Ink Protocol to Increase Trade Exchange
Egypt >> 5/12/2016 - The Cairo Chamber of Commerce (CCC) and Arab-Hellenic Chamber of Commerce and Development (AHCCD) inked a protocol to increase trade exchange and open new horizons in the Greek and Egyptian markets.
GSR’s 16th Session Kicks off in Sharm El Sheikh
Egypt >> 5/12/2016 - The 16th session of the Global Symposium for Regulators (GSR) kicked off here under the auspices of President Abdel Fattah El Sisi.

The opening session was attended by Egypt's Minister of Com...
Tarek Qabeel: Egypt Seeks New Auto Industry Strategy
Tarek Qabeel: Egypt Seeks New Auto Industry Strategy Egypt >> 5/13/2016 - Egypt seeks a new strategy for the automotive industry with a view to reaching full manufacturing instead of the current assembly, said Industry and Trade Minister Tarek Qabeel.

"There are se...
Return of Direct Flights to Egypt Would Boost Tourism
Return of Direct Flights to Egypt Would Boost Tourism Egypt >> 5/13/2016 - The return of regular, direct flights to Egypt from countries that have halted such flights would help boost the country's ailing tourism sector, Tourism Minister Yehia Rashed said.

Commentin...
Saudi Arabia:GCC Industry Ministers Hold Their 42nd Meeting
Saudi Arabia >> 5/13/2016 - The Ministers of Industry of the Gulf Cooperation Council (GCC) for Arab States held their 42nd meeting in Riyadh chaired by the Minister of Energy, Industry and Mineral Resources Khalid Bin Abdulaziz...
Kuwait, Japan Seek to ‘Boost’ Ties, Investment Opportunities
Kuwait >> 5/13/2016 - In the presence of Kuwait’s Deputy Prime Minister, Finance Minister and Acting Oil Minister Anas Al-Saleh, visiting Kuwaiti and Japanese businessmen on Thursday discussed ways of expanding economic re...
Standard and Poor Revises Egypt Outlook to Negative
Standard and Poor Revises Egypt Outlook to Negative Egypt >> 5/14/2016 - The Standard and Poor's ratings agency said it has downgraded the outlook on Egypt's long-term sovereign credit to negative from stable because of "external and fiscal difficulties".

"The neg...
Iraq Oil projects Face Delays as Companies Resist Spending Cuts
Iraq >> 5/14/2016 - International oil firms have warned Iraq that projects to increase its crude output will be delayed if the government insists on drastic spending cuts this year, a senior Iraqi oil official said.
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Pact Signed between Cairo, Casablanca Chambers
Egypt >> 5/14/2016 - Cairo and Casablanca chambers of commerce signed a cooperation protocol to increase the volume of trade exchange between the two countries during the current visit of the Egyptian delegation to Morocc...
Egypt: Providing Basic Commodities at Low Prices in Ramadan
Egypt: Providing Basic Commodities at Low Prices in Ramadan Egypt >> 5/14/2016 - Prime Minister Sherif Ismail chaired a Cabinet meeting to review the situation of basic goods and measures taken to regulate the markets ahead of the holy fasting month of Ramadan.

The minist...
Moody’s Confirms Kuwait’s Aa2 govt Issuer Rating
Kuwait >> 5/14/2016 - Moody’s has confirmed the Aa2 ratings of Kuwait, Qatar, the United Arab Emirates and Qatar but assigned negative rating outlooks, while it downgraded the ratings of Saudi Arabia (to A1 stable), Bahrai...
Iran Welcomes Partnership with Major Chinese Firms
Iran Welcomes Partnership with Major Chinese Firms Iran >> 5/15/2016 - A deputy petroleum minister of petroleum said Tehran regards China as a reliable partner, voicing Tehran's willingness to enter into partnership with major Chinese firms for developing oil and gas fie...
Sherif Ismail Met with the Director of the Coordinating Office of the UAE's Development Projects
Sherif Ismail Met with the Director of the Coordinating Office of the UAE's Development Projects Egypt >> 5/15/2016 - Engineer Sherif Ismail, chairman of the Council of Ministers, met the of the communication ministry's Ali Saif al-Adel, the director of the operations room of the Coordinating Office for the developme...
Egypt: Economic Reform Key to Improve Egypt’s Credit Rating
Egypt: Economic Reform Key to Improve Egypt’s Credit Rating Egypt >> 5/16/2016 - Egypt's credit rating could improve through applying reform and making progress in the financial and economic reform program, the government announced.

The reform measures could also help att...
Mohamed Abdel Aati Inspects New Assuit Barrage
Mohamed Abdel Aati Inspects New Assuit Barrage Egypt >> 5/16/2016 - Minister of Water Resources and Irrigation Mohamed Abdel Aati inspected the new Assuit barrage and warned from any potential encroachment on the lands around the Nile River.

Accompanied by As...
Sherif Ismail Stresses Importance of Industrial Sector, Especially Iron, Steel
Sherif Ismail Stresses Importance of Industrial Sector, Especially Iron, Steel Egypt >> 5/16/2016 - Prime Minister Sherif Ismail stressed the government's attention to the industrial sector, especially the iron and steel industry.

The Prime Minister made the remarks at a meeting with manufa...

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