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Egypt, Spain Agree on Enhancing Joint Cooperation
Egypt, Spain Agree on Enhancing Joint Cooperation Egypt >> 7/22/2016 - Egypt and Spain have agreed on enhancing joint cooperation to hit 300 million Euros.

International Cooperation Minister Sahar Nasr announced that the two countries agreed on using allocation...
Garhy to Participate in G20 Meetings of Finance Ministers
Garhy to Participate in G20 Meetings of Finance Ministers Egypt >> 7/23/2016 - Minister of Finance Amr el Garhy will participate in the G20 Meetings of Finance Ministers and Central Bank Governors, to be held in the Chinese city of Chengdu.

The meetings come in prep...
Abu Dhabi Securities Exchange, Abu Dhabi Global Market sign MoU to strengthen cooperation
United Arab Emirates >> 7/24/2016 - Abu Dhabi Securities Market (ADX) and Abu Dhabi Global Market (ADGM) have entered into an agreement to foster bilateral cooperation.

Chairman of ADX, Hamad Abdullah Al Shamsi, and Chairman of...
Egyptians Second top Arab Investors in Dubai Real Estate Market
Egypt >> 7/25/2016 - Egyptians ranked as the second top Arab investors in Dubai’s Real Estate Market with an amount of AED 1.37 billion during the first half of 2016, a statement by Dubai’s Land Department (DLD) announced...
ICT Minister, China's CETC Group Discuss Establishing 2 Centers for ICT Services
Egypt >> 7/25/2016 - Minister of Communications and Information Technology Yasser El Kady met with a delegation of China's Electronics Technology Group Corp. (CETC), specialized in cyber-security, solar energy and softwar...
Egypt: 180 Projects at EGP3 bn Approved in June 2016
Egypt: 180 Projects at EGP3 bn Approved in June 2016 Egypt >> 7/25/2016 - The Industrial Development Authority (IDA) issued approvals for the establishment of 180 new projects in the industrial zones and new cities at a total cost of EGP 3 billions.

The project...
Amb. Al-Bader, W. Australia Gov. Discuss oil, food Investments
Kuwait >> 7/26/2016 - Kuwait's oil and food investments in Western Australia were the focus of talks Kuwait's Ambassador Najib Abdulrahman Al-Bader discussed with the region's governor, Kerry Sanderson. Following the meeti...
Eight Kuwaiti Banks Among world's big 1,000
Kuwait >> 7/26/2016 - Some eight Kuwaiti banks have maintained their status among the world's biggest 1,000 in 2015, in the first category of capital, the Union of Arab Banks (UAB) Secretary General Wissam Fattouh has said...
48 Ships Transit Suez Canal
48 Ships Transit Suez Canal Egypt >> 7/26/2016 - Forty-eight ships transited the Suez Canal with a total cargo of 2.5 million tons.

The south-bound convoy included 20 vessels carrying 1.3 million tons, while the north-bound convoy includ...
Sahar Nasr Signs with OPEC Fund $40 mln Agreement
Sahar Nasr Signs with OPEC Fund $40 mln Agreement Egypt >> 7/26/2016 - International Cooperation Minister Sahar Nasr signed an agreement, worth 40 million dollars, to finance small-and medium-sized enterprises (SMEs) in the Social Fund for Development (SFD).

The...
Tarek Qabil:19% Increase in Industrial Investment
Tarek Qabil:19% Increase in Industrial Investment Egypt >> 7/26/2016 - Industrial indicators are pointing towards a 19% increase in approvals in comparison to the first six months of 2015, Industry and Trade Minister Tareq Qabeel said during his visit to 6th of October C...
Dell’s Technology Thrust aligns with Saudi Arabia 2030 Vision
Saudi Arabia >> 7/26/2016 - DELL is announced its continued momentum in providing customers in Saudi Arabia with future-ready technology. As technologies and IT are increasingly able to give businesses a competitive advantage, C...
Kuwaiti MP Stresses Economic Cooperation for Asian Countries
Kuwait >> 7/26/2016 - The Kuwaiti MP Hamoud Mohammad Al-Hamdan stressed increased economic cooperation for the social development of the Asian region during the two-day Asian Parliamentary Assembly (APA) meeting of standin...
Egypt Set to Receive First Installment of US$2.5bn Saudi Loan
Egypt Set to Receive First Installment of US$2.5bn Saudi Loan Egypt >> 7/26/2016 - Dr. Sahar Nasr, Minister of International Cooperation, said that Egypt is set to receive a billion dollar investment from Saudi Arabia in the next few days, in the first installment of a loan agreed o...
IMF Mission in Cairo Next Week for Talks on US$12bn bailout
IMF Mission in Cairo Next Week for Talks on US$12bn bailout Egypt >> 7/27/2016 - The International Monetary Fund confirmed that Egypt has asked it for financial support program and said an IMF staff mission will visit Cairo for about two weeks starting July 30.

"We welcom...
Dubai Chamber Workshop Weighs Kenya Investment Options
United Arab Emirates >> 7/27/2016 - As part of the ongoing efforts to support its members’ expansion into the African market and to provide them informative business services, the Dubai Chamber of Commerce and Industry in cooperation wi...
Egypt, China Sign MoU to Build Solar Panel Factory
Egypt, China Sign MoU to Build Solar Panel Factory Egypt >> 7/27/2016 - Egypt and China signed a memorandum of understanding under which the latter would share its technological know-how in manufacturing solar boards with the Arab country.

Putting their signatur...
54 ships transit Suez Canal
54 ships transit Suez Canal Egypt >> 7/27/2016 - Fifty-four ships transited the Suez Canal with a total cargo of 3.5 million tons.

The south-bound convoy included 30 vessels carrying 2.1 million tons, while the north-bound convoy include...
Two oil-prospecting agreements for Upper Egypt signed
Two oil-prospecting agreements for Upper Egypt signed Egypt >> 7/27/2016 - Petroleum Minister Tareq el Molla signed two agreements for oil and gas prospecting in Upper Egypt.

The agreements were signed between Egypt's Ganoub El-Wadi Petroleum Holding Company (GANO...
KIPCO announces KD 28 mln net profit in 1st half of 2016
KIPCO announces KD 28 mln net profit in 1st half of 2016 Kuwait >> 7/27/2016 - KIPCO, the Kuwait Projects Company, has announced a net profit of KD 28 million (USD 93 million) in the first six months of 2016, an increase of 10 percent on the KD 25.4 million (USD 84.2 million) re...

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