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Russia, Egypt agree on roadmap for return of tourism
Russia, Egypt agree on roadmap for return of tourism Egypt >> 8/22/2016 - Egypt has agreed with Russia on a roadmap for the return of Russian flights and tourist services to Egypt, after several delegations carried out inspections on resorts, hotels and the Red Sea resort a...
Hyundai's Russia business starts car exports to Georgia, Tunisia
Tunisia >> 8/23/2016 - Hyundai Motor's Russian plant will start exporting Russian-assembled cars to Georgia and Tunisia this month, it said in a statement.

Hyundai, the world's fifth-biggest automaker, will ship ...
Egypt Plans To End Fuel Subsidies Within Three Years
Egypt >> 8/23/2016 - Egypt plans to end fuel subsidies within three years and is aiming to increase fuel prices to 65 percent of their actual cost during the 2016/17 fiscal year, two government sources told Reuters.
KFAED signs $138m deal with Bahrain
Kuwait >> 8/23/2016 - The Kuwait Fund for Arab Economic Development (KFAED) signed a $138 million agreement with the Bahraini government to fund development projects in the GCC country.

Deputy Director General of ...
Tarek Qabil probes amendments to law of importers registry
Tarek Qabil probes amendments to law of importers registry Egypt >> 8/23/2016 - Minister of Trade and Industry Tareq Qabil has said the amendments to the law of importers' registry represent an important step by the ministry to organize the imports of products which witnessed ran...
UAE offers Egypt six-year deposit of $1billion with CBE
UAE offers Egypt six-year deposit of $1billion with CBE Egypt >> 8/23/2016 - The UAE has offered a financial deposit worth US$1 billion to Egypt with the Central Bank of Egypt (CBE) for a period of six years, the state news agency WAM reported.

The deal was signed b...
Dubai-UK trade at AED6.7 billion in Q1 2016: Dubai Customs
United Arab Emirates >> 8/23/2016 - Dubai Customs is committed to reinforcing co-operation and co-ordination with the foreign diplomatic corps in order to boost Dubai’s foreign trade.

Living up to this strategic objective, Di...
2nd edition of UAE India Economic Forum to take place in October
United Arab Emirates >> 8/23/2016 - The UAE Ministry of Economy and the Consulate-General of India have announced that the second edition of the UAE India Economic Forum, UIEF, is set to take place on 19th and 20th October, at Madinat J...
Turkish Airlines Resuming Flights To Sharm Al-Sheikh
Egypt >> 8/24/2016 - Turkish Airlines will resume flights next month to Sharm al-Sheikh, nearly a year after they were suspended following the bombing of a Russian jet which took off from the Egyptian resort, the Turkish ...
Egypt's Orascom Construction Q2 net falls to $26.4 mln
Egypt >> 8/24/2016 - Egypt's Orascom Construction reported a 25 percent fall in second quarter net income to $26.4 million.

The engineering and building business, which is dual listed in Cairo and Dubai, reported...
Egypt sold three-year treasury bonds worth 31 bln Egyptian pounds
Egypt sold three-year treasury bonds worth 31 bln Egyptian pounds Egypt >> 8/24/2016 - Egypt exceptionally sold three-year treasury bonds worth 31 billion Egyptian pounds ($3.49 billion) with a fixed annual yield of 16 percent, the stock exchange said in a statement.

The bonds ...
Sherif Ismail Reviews Incentives For Energy Investment
Sherif Ismail Reviews Incentives For Energy Investment Egypt >> 8/24/2016 - Prime Minister Sherif Ismail met ministers of electricity and investment to discuss incentives for investment in the field of new and renewable energy.

Electricity Minister Mohamed Shaker p...
Sanad, Etihad Airways Sign $265 Million Deal
United Arab Emirates >> 8/24/2016 - Sanad Aero Solutions GmbH (Sanad), a wholly-owned subsidiary of Mubadala Development Company, announced an expansion to its existing relationship with Etihad Airways, national carrier of the UAE.
...
Dubai: Investment in clean energy tops agenda at WETEX 2016
United Arab Emirates >> 8/25/2016 - Investing in clean energy will top the agenda of discussions during the 18th Water, Energy, Technology, and Environment Exhibition, WETEX 2016, which is organised under the directives of Vice Presiden...
Sameh Shoukry Meets Delegation Of US Business Council
Sameh Shoukry Meets Delegation Of US Business Council Egypt >> 8/25/2016 - Foreign Minister Sameh Shoukry held a meeting with a delegation of the Business Council for American Security,visiting Egypt.

The US delegation expressed keenness on boosting relations bet...
China Announces Sisi Participation In G20 Summit
China Announces Sisi Participation In G20 Summit Egypt >> 8/25/2016 - China has officially announced Egyptian President Abdel Fattah el Sisi's participation at the G20 Leaders' Summit in the eastern city of Hangzhou on September 4-5.

Chinese Foreign Ministry Sp...
Egypt Extends Euros 50 Mln Financial Cooperation Pact With Austria
Egypt Extends Euros 50 Mln Financial Cooperation Pact With Austria Egypt >> 8/25/2016 - Egypt’s International Cooperation Minister Sahar Nasr met Austrian Ambassador in Cairo Georg Stillfried.

During the meeting, an agreement to extend the Egyptian-Austrian financial cooperatio...
Oil Prices Fall As Saudi Arabia Dampens Prospects Of Output Freeze
Saudi Arabia >> 8/27/2016 - Oil prices fell after the Saudi energy minister tempered expectations of strong market intervention by producers during talks next month, and as analysts pointed to an ongoing supply overhang that was...
Egypt: Stable Tax And Economic Climate Important To Attract Investors
Egypt >> 8/27/2016 - Deputy Finance Minister for Tax Policies Amr al-Mounir said that stable taxation and economic climate are among the most important reasons to attract investors.

In statements, Mounir said tha...
UAE Is An Example For Diversification Of Income Sources
United Arab Emirates >> 8/27/2016 - the OPEC's current market share is at good level despite different views on the oil market.

Tweeting on his official twitter account, he added, "We acknowledge and understand the market chall...

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