Egypt Zones accountACCOUNT

Economics/Financial Analysis News

Egypt's Budget Still in Limbo as Fiscal Year Begins
Egypt >> 7/1/2012 - The 2012/13 financial year began in Egypt with the country still lacking a new state budget. Annual state spending plans typically take effect on 1 July, but the status of this year's budget, currentl...
UAE Ambassador Meets Thai FM Official
United Arab Emirates >> 7/2/2012 - UAE Ambassador to Thailand Mohammed Ali Omran Al Shamsi, met here with Mr. Kiattikhun Chartprasert, Deputy Permanent Secretary of the Ministry of Foreign Affairs, Thailand. They discussed ways of enha...
Mohammad bin Rashid Signs Partnership Agreement with Dubai
United Arab Emirates >> 7/2/2012 - Mohammed bin Rashid Al Maktoum Charity and Humanitarian Foundation signed a joint cooperative agreement with General Directorate of Residency and Foreigners Affairs in Dubai. Ibrahim Bumelha, Deputy C...
$ 33 Billion Foreign Debts of Egypt
Egypt >> 7/2/2012 - Egypt is entering the new fiscal year 2012/ 2013 carrying $ 33 billion foreign debts and L.E. 1.2 trillion local debts with Central Bank foreign currency reserves as at the same date put at $ 15.6 bil...
Egypt's Military Council Approves 2012/13 State Budget
Egypt >> 7/2/2012 - Egypt’s state budget for the 2012/13 fiscal year has been approved by the Supreme Council of the Armed Forces (SCAF), the finance ministry announced Sunday evening. The new budget will come into effec...
Bourse Gains LE 11.4 bn, Main Index up by 4.97%
Egypt >> 7/3/2012 - Trading in the Egyptian Exchange (EGX) maintained its upward spiral on Monday 2/7/2012 with gains amounting to LE 11.4 billion amidst investors' optimism over stability being restored and economic rec...
ADPC Signs MoU with ADFCA
United Arab Emirates >> 7/3/2012 - Abu Dhabi Ports Company (ADPC) has signed a Memorandum of Understanding (MoU) with Abu Dhabi Food Control Authority (ADFCA) under which the latter will oversee and facilitate the inspection process of...
Egypt's Military-Approved Budget Could Stall Morsi's Plans
Egypt >> 7/3/2012 - Egypt's new state budget may give President Mohamed Morsi little scope for accomplishing the expansive social and fiscal reforms he promised during his election campaign, local economists say. The cou...
Bourse Gains LE 11.4 bn, Main Index up by 4.97%
Egypt >> 7/3/2012 - Trading in the Egyptian Exchange (EGX) maintained its upward spiral on 2/7/2012 with gains amounting to LE 11.4 billion amidst investors' optimism over stability being restored and economic recovery i...
HSBC Buys at Least 5 pct of EFG-Hermes
Egypt >> 7/4/2012 - British bank HSBC has acquired a stake of at least 5 per cent in EFG-Hermes, the Middle East's biggest home-grown investment bank, Egypt's stock exchange said on Tuesday. Business at Cairo-based EFG w...
Qatar to Build Harrods Hotels in Malaysia, Paris, London
Qatar >> 7/4/2012 - Gas-rich Qatar's sovereign wealth fund plans to build luxury hotels in Malaysia, Paris, London and China named after Harrods, the world's famous department store, a report said Wednesday. Under a $636...
UAE's Commercial Transactions Remain Tentative in Q2 2012
United Arab Emirates >> 7/4/2012 - Tasweek Real Estate Marketing and Development, a leading property advisor and solutions provider, reports that rates were subdued in the major markets of Abu Dhabi and Dubai in Q2 2012 as new supplies...
Global Economy Could Get Worse on Europe Debt Crisis
Egypt >> 7/6/2012 - International Monetary Fund chief Christine Lagarde Friday warned the global economy was slowing and said the situation could get worse because Europe was not doing enough to fix its debt crisis. Laga...
Bourse Gains EGP 1.8bn
Egypt >> 7/6/2012 - Trading in the Egyptian Exchange on 05/07/2012 went up on the backdrop of massive purchase operations by Egyptian and Arab investors with the market capital gaining EGP 1.8 billion to reach EGP 349.9 ...
Net Institutional Investment on DFM at AED 111 mn
United Arab Emirates >> 7/6/2012 - Net foreign investment on Dubai Financial Market (DFM) over the last week reached AED 32.2 million during, as aggregate buy. A DFM press release said the value of shares bought by foreign investors, o...
DEC Releases New Study on UAE Banking Sector
United Arab Emirates >> 7/7/2012 - The Economic Policy '&' Research Center (EPRC), the operational arm of Dubai Economic Council (DEC) recently conducted an economic policy study titled "Soundness of UAE Banking Sector and Macroeconomi...
MoFT's Study: Trade Robust Growth in 2011
United Arab Emirates >> 7/7/2012 - A new study by the Ministry of Foreign Trade (MoFT) said the UAE's trade in 2010 grew 14.2% year-on-year and 23% in 2011. The value of the UAE's non-oil exports and re-exports in 2011 grew by 20.8% ye...
Tunisian Central Bank Wary of Interference
Egypt >> 7/7/2012 - Tunisian central bank governor Kamel al-Nabli warned that political interference in monetary policy would alarm investors already jittery after last year's revolution as he rejected a presidential pus...
Ganzouri Urges Upping Investments for Nile Basin Countries
Egypt >> 7/7/2012 - Prime Minister Dr. Kamal El-Ganzouri stressed the need to provide technical support and assistance to Nile Basin countries in the domains of training and infrastructure while providing facilities for ...
Egypt Bourse Gains EGP10bn
Egypt >> 7/7/2012 - The Egyptian Exchange gained EGP10 billion this week and the main index rose by 5 percent. The main benchmark EGX 30 index rose by 5.12 percent to 4,950 points. The broader EGX 70 index of the leading...

Accounting, Statistics Asset Portfolio Management Economics/Financial Analysis Gas Export General Investment Mergers and Acquisitions
For Buyers
Advertise your Purchasing Requests

For Suppliers
Promote your Products
Egypt Zones
Copyright © Universal Solutions All rights reserved. - Privacy Policy.