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Industrial Development Fund Issued 3566 Loans to 2545 Projects
Saudi Arabia >> 9/19/2013 - The Saudi Industrial Development Fund issued 3566 loans in total for 2545 projects all over the country since its foundation. 27% of the loans have been allocated to joint venture industrial projects....
Kizad at 28th International Aluminium Conference in Geneva
United Arab Emirates >> 9/23/2013 - Having successfully participated in Metal Bulletin’s International Aluminium Conference last year in Moscow, this was the first time that Kizad was present in Geneva, showcasing their massive industry...
UAE Provides USD 100 million to Morocco
United Arab Emirates >> 9/26/2013 - Under the directives of President His Highness Sheikh Khalifa bin Zayed Al Nahyan, His Highness General Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of th...
EGP 500mln for Re-operating Closed Factories
Egypt >> 9/27/2013 - The government pledged to improve the citizens' living conditions within six months, said Minister of Planning Ashraf Al Araby, asserting that social justice includes pushing up economic growth.
New Egyptian "Tablet" on Markets before End of Year
Egypt >> 9/27/2013 - Chairman of the Arab Organization for Industrialization (AOI) Abdul Aziz Saif el-Din asserted that negotiations are underway with the ministry of education for marketing the new Tablet "PLUTO" via sch...
Osama Saleh Seeking to List 2 Companies at EGX
Egypt >> 9/30/2013 - Investment Minister Osama Saleh said he is seeking to list two companies at the Egyptian Stock Exchange before the end of this year.

The companies should pump new blood into the market, Sal...
ADPC and EMAL Sign ten Years Export Logistics Agreement
United Arab Emirates >> 9/30/2013 - Abu Dhabi Ports Company (ADPC) has signed a ten year agreement with Emirates Aluminium (EMAL), to handle the export logistics of finished aluminium products from EMAL’s production site.

The...
USA Grants Egypt $584m as Final Tranche of Military Aid
Egypt >> 10/2/2013 - The United States is depositing $584 million in remaining 2013 military aid for Egypt into a federal bank account as the US administration reviews whether to release the funds, an official said on 2/1...
Major UAE Calcium Carbonate Operation to Set up in Kizad
United Arab Emirates >> 10/3/2013 - Khalifa Industrial Zone Abu Dhabi (Kizad) announced the signing of a 50-year Musataha agreement with Emirates Calcium Carbonate Factory (ECCF), the largest manufacturer of calcium carbonate in the Un...
Yemen, China Discuss Encouraging Chinese Investment
Yemen >> 10/6/2013 - Secretary General of Ibb local council Ameen al-Warafi discussed with the Chinese Ambassador to Yemen Zhang Hua, who is currently visiting Ibb province, the Chinese government's efforts to prop up the...
Investment Opportunities Await Kuwaiti Investors in Cyprus
Cyprus >> 10/6/2013 - There are plenty of investment opportunities available for Kuwaiti investors, said an official from the Cyprus Chamber of Commerce and Industry. Cyprus is an attractive commercial center due to its lo...
New Incentives for Investors to Set up their Projects
Egypt >> 10/12/2013 - Minister of Housing and Utilities Ibrahim Mahlab is due to refer to the board of the New Urban Communities Authority at its coming meeting a new package of incentives the authority is due to extend to...
CBE: Egypt is Committed to Pay all International Debts
Egypt >> 10/26/2013 - Governor of the Central Bank of Egypt (CBE), Hisham Ramez asserted that the value of deposits in Egypt's Support Fund 306306 reached nearly EGP 470 million in value of the donations of individuals and...
Egypt & UAE Sign Agreement for $ 4.9bn Development Program
United Arab Emirates >> 10/27/2013 - Egypt and the United Arab Emirates have signed an agreement for supporting the Egyptian development program.

Under the agreement, the UAE would extend a sum of $ 4.9 billion for carrying ou...
Egypt's Ezz Steel Plans $1 Bln Investment
Egypt >> 10/28/2013 - Egypt's largest steel maker Ezz Steel (ESRS) plans to invest $1 billion to build two steel plants in the country once the government pushes through a stimulus package to boost spending on large infras...
Kizad Welcomes Major FMCG Division Spinneys Abu Dhabi
United Arab Emirates >> 10/30/2013 - Khalifa Industrial Zone Abu Dhabi (Kizad) has announced the signing of agreements with Spinneys Abu Dhabi LLC. The 50-year Musataha Agreement that will see an investment of AED 55 million, was signed ...
New Project to Boost Electricity Generation Capacity across Egypt
Egypt >> 11/5/2013 - Egypt and the World Bank signed the Helwan South Power Plant Project, a gas-fired power plant that will help deliver a more reliable supply of electricity across the country.

The agreement...
Egypt, WB Sign Contract for South Helwan Power Plant
Egypt >> 11/7/2013 - Egypt and the World Bank (WB) signed a contract to finance the establishment of South Helwan power plant that will generate power from clean natural gas.

The $ 585.4 million project will co...
Egyptian Government Discusses Rescheduling Debts with Foreign Companies
Egypt >> 11/9/2013 - Prime Minister, Dr. Hazem El-Beblawi said that the government discusses rescheduling governmental debts with foreign companies.

Beblawi pointed out that the settlement of these debts reachi...
EGP150bn Expected Value of Exports by End of 2013
Egypt >> 11/10/2013 - Trade and Industry Minister Mounir Fakhri Abdel-Nour expected that the volume of exports would hit EGP150 billion by the end of the year, compared with EGP130 billion last year.

The ministe...

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