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Egypt Surges on Hope of Good News on IMF Loan
Egypt >> 10/3/2016 - Egypt's stock market rose sharply in early trade on hopes that an international financing package for the country would be finalized soon after this week's annual meetings of the International Monetar...
Egypt's Foreign Reserves Up To $19.6 Bln in September
Egypt's Foreign Reserves Up To $19.6 Bln in September Egypt >> 10/3/2016 - Egypt’s net international reserves rose in September to $19.591 billion up from $16.564 billion in August, the Central Bank of Egypt (CBE) announced on its website.

Egypt had roughly $36 bill...
Low Inflation in Turkey Reinforces the Direction of the Central Bank to Cut Interest
Turkey >> 10/3/2016 - Turkish Minister of Development Lutfi Alwan said that the downward trend in the rate of core inflation in Turkey since February, has become more pronounced in September, reinforcing the direction of t...
To Strengthen Ties With Africa, Dubai Chamber Opens Nairobi Office
United Arab Emirates >> 10/4/2016 - The Dubai Chamber of Commerce and Industry (DCCI), opened an office in Nairobi, Kenya, looking to strengthen economic ties with the continent and to promote Dubai and its business competitiveness in t...
Egypt's Central Bank Contradicts Flotation Forecasts, Keeps EGP Unchanged Vs Dollar
Egypt's Central Bank Contradicts Flotation Forecasts, Keeps EGP Unchanged Vs Dollar Egypt >> 10/4/2016 - The Central Bank of Egypt (CBE) kept the local currency’s rate stable at EGP 8.78 against the US dollar regular forex auction, the bank’s official website showed.

The CBE offered local banks ...
Egypt Signs $20 Bln Agreement with Chinese Company for New Capital Development
Egypt Signs $20 Bln Agreement with Chinese Company for New Capital Development Egypt >> 10/4/2016 - Egypt signed a framework agreement with China Fortune Land Development (CFLD) to develop the second and third phase of construction in the new administrative capital east of Cairo with an investment o...
Egypt to Boost Subsidies on Household Goods to Balance Currency Devaluation
Egypt to Boost Subsidies on Household Goods to Balance Currency Devaluation Egypt >> 10/4/2016 - The Egyptian government is planning to increase subsidies on household goods to prevent soaring prices resulting from an imminent currency devaluation, government sources told Al-Masry al-Youm.
Kuwait Committed To Ensuring Welfare of Persons with Disabilities
Kuwait >> 10/5/2016 - The State of Kuwait reaffirmed its commitment to provision of decent living for the persons with disabilities and integrating them into the society.

The country's vision for 2035 is in keepi...
IMF To Discuss Egypt Loan at Future Board Meeting
Egypt >> 10/5/2016 - The International Monetary Fund will discuss Egypt's $12 billion loan programme at an executive board meeting, not at its annual meeting this week, Egypt's deputy finance minister told Reuters.
Egypt to Import 500,000 Tons Rice, 400,000 Tones Sugar to Boost Reserves
Egypt >> 10/5/2016 - Egypt will look to import 500,0000 tonnes of rice and 400,000 tonnes of sugar in order to boost strategic stocks and keep prices down, the prime minister said.

The government buys commodities...
Tunisia Cuts Growth Outlook to 1.5 Pct Vs Previous 2.5 Pct
Tunisia >> 10/5/2016 - Tunisia has cut its 2016 growth forecast to 1.5 percent this year, down from an expected 2.5 percent, its finance minister said on Wednesday, citing difficulties in the phosphate sector where protests...
Dubai Chamber Delegation Meets Kenyan President To Enhance Economic Ties
United Arab Emirates >> 10/5/2016 - In its quest to strengthen bilateral economic ties between Dubai and Kenya, the Dubai Chamber of Commerce and Industry-led business delegation met H.E. Uhuru Kenyatta, President of the Republic of Ken...
Essam Fayed Inspects 'Golden Autumn' Exhibition in Moscow
Egypt >> 10/8/2016 - Minister of Agriculture and Land Reclamation Essam Fayed inspected the 18th edition of Russian Agricultural Exhibition "Golden Autumn," at an invitation by his Russian counterpart.

Fayed prai...
Sahar Nasr: Egypt Adopts Economic Reform Program despite Challenges
Sahar Nasr: Egypt Adopts Economic Reform Program despite Challenges Egypt >> 10/8/2016 -  Despite the unstable global economy and its pressure on most of the economies, Egypt has started implementing an unprecedented comprehensive economic and social reform program, International Cooperat...
Egypt Has Contracted To Import 420,000 Tons of Sugar
Egypt >> 10/8/2016 - Egypt has contracted for the import of 420,000 tonnes of sugar in coordination with the military in the "past few days" and will seek to import another 200,000 tonnes in the coming week, the governmen...
Iraqi Kurdistan Admits "Errors", Vows to Reform Economy
Iraq >> 10/9/2016 - Prime Minister of Iraqi Kurdistan Nechervan Barzani has admitted "errors" in handling the economic crisis in the autonomous region, and vowed to apply reforms. The region has been suffering a financia...
Dubai FDI Updates UK Businesses and Investors on Investment Opportunities
United Arab Emirates >> 10/9/2016 - A delegation from the Dubai Investment Development Agency has recently discussed new opportunities and changing business landscape in the emirate with select investor groups, law firms and consultants...
ADCB Wins Euromoney Cash Management Survey Award
United Arab Emirates >> 10/9/2016 -  Abu Dhabi Commercial Bank, ADCB, has announced that it has been awarded the "Best Cash Manager" in the UAE (Non-FI category) in 2016 by the Euromoney Cash Management Survey.

In addition to b...
Egypt, EBDR Discuss Strategies for Bilateral Cooperation
Egypt, EBDR Discuss Strategies for Bilateral Cooperation Egypt >> 10/9/2016 - International Cooperation Minister Sahar Nasr met with President of the European Bank for Development and Reconstruction (EBDR) Suma Chakrabarti in the presence of Egyptian Ambassador to Washington Ya...
Egypt to Proceed With Accomplishing Sustainable Development Goals
Egypt >> 10/9/2016 - Egypt is adamant to realize greater success with regard to accomplishing sustainable development goals, International Cooperation Minister Sahar Nasr said.

Nasr made the remarks during a ses...

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