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Kuwait's Company Signs Deal to Establish Tourist Project in Dead Sea
Kuwait >> 10/30/2016 - Kuwait's SQM real estate company signed a USD-1. 5-billion agreement with Jordan Free and Development Zones Group to establish a tourist project in the Dead Sea region.

Following the signing...
Kuwait, Bahrain Ink Deal to Build Joint Fragrance Factory
Kuwait >> 10/30/2016 - Kuwait's Petrochemical Industries Company (PIC) inked a deal Sunday with Bahrain's National Oil and Gas Authority (NOGA) to build a joint fragrance factory in the Kingdom with an annual production cap...
Qatar, Belarus Signs Mous For Closer Coop.
Qatar >> 10/30/2016 - Qatar and Belarus have inked a set of memos of understanding (MoUs) in financial, health, educational and developmental realms, aiming at promoting bilateral cooperation.

The deals were signe...
Siwa Dates Factory Brought Back To Life with Emirati Funds
Egypt >> 10/30/2016 - A date processing and packing factory in Siwa has been brought back to life after a 10-year closure with the help of Emirati funding.

The factory has been revived with the injection of LE5 mi...
Saudi Arabia Has New Finance Minister
Saudi Arabia Has New Finance Minister Saudi Arabia >> 10/31/2016 - Saudi King Salman bin Abdulaziz Al Saud issued a royal order reliving Minister of Finance Dr. Ibrahim Al-Assaf from the post, and replacing him with Mohammad bin Abdullah Al-Jadaan.

Al-Assaf...
Sisi Orders Securing Loans for Owners of Small Projects At 5% Interest Rate
Sisi Orders Securing Loans for Owners of Small Projects At 5% Interest Rate Egypt >> 10/31/2016 - President Abdel Fattah El Sisi has urged the government to act to secure loans for owners of small and medium-sized businesses at a five percent interest rate.

The loans should be repaid i...
Sherif Ismail Opens Conference on Increasing Capital Of Sinai Investment Company
Sherif Ismail Opens Conference on Increasing Capital Of Sinai Investment Company Egypt >> 10/31/2016 - Prime Minister Sherif Ismail inaugurated a conference to announce an initial public offering (IPO) to increase the capital of the National Company for Sinai Investments by 600 million pounds.

...
Dubai Chamber Briefing Highlights Kazakhstan’s Investment Potential
United Arab Emirates >> 11/1/2016 - As part of its efforts to explore investment opportunities in promising markets, the Dubai Chamber of Commerce and Industry in cooperation with Kazakhstan’s National Agency for Export and Investment (...
Egypt's Parliament Renames State Agricultural Bank, Putting It under CBE
Egypt's Parliament Renames State Agricultural Bank, Putting It under CBE Egypt >> 11/1/2016 - Egypt's parliament approved a presidential decree to rename the Principal Bank for Development and Agricultural Credit (PBDAC) to the Egyptian Agricultural Bank and to put it under the supervision of ...
Egypt Raises Subsidized Sugar Prices by 40pct amid Supply Shortage
Egypt >> 11/1/2016 - Egypt’s supply ministry has increased the price of the subsidised sugar sold through ration cards by 40 percent to reach EGP 7 per kilogramme, an official at the interior ministry said.

“The ...
Dubai Sponsors US$3 Bn Airports Finance Deal
United Arab Emirates >> 11/1/2016 - Dubai’s two international airports are set for a capacity-boosting, capex-fueled expansion that will enable them to serve up to 146 million passengers by 2025, due in large part to a proposed initial ...
Jafza to Strengthen Competitive Logistics Sector
United Arab Emirates >> 11/1/2016 - Jebel Ali Free Zone, Jafza, has held a forum for the Logistics and Supply Chain sector companies based in the free zone. The forum was attended by industry leaders, key officials from partner entities...
Egypt's Central Bank Leaves Currency Unchanged At Dollar Auction
Egypt's Central Bank Leaves Currency Unchanged At Dollar Auction Egypt >> 11/1/2016 - Egypt's central bank has kept its currency stable at its weekly dollar auction, bankers said, holding the rate at 8.8 pounds per dollar.

Speculation has been mounting that the central bank wo...
Galal Saeed Confers With Singaporean Minister of State for Trade
Galal Saeed Confers With Singaporean Minister of State for Trade Egypt >> 11/2/2016 - Transport Minister Galal Saeed met with Singaporean Minister of State for Trade and Industry Koh Poh Koon to discuss cooperation in the field of transport and investment opportunities at Egyptian port...
Int'l Cooperation Ministry Takes Part in Egyptian-Singaporean Forum
Int'l Cooperation Ministry Takes Part in Egyptian-Singaporean Forum Egypt >> 11/2/2016 - The International Cooperation Ministry took part in an Egyptian-Singaporean businessmen forum that was held on the sidelines of Singaporean President Tony Tan's current visit to Egypt.

Spea...
Sisi-Led Supreme Investment Council Issues Important Decisions
Sisi-Led Supreme Investment Council Issues Important Decisions Egypt >> 11/2/2016 - The Supreme Investment Council, chaired by President Abdel Fattah El Sisi, issued a number of important decisions to boost investment.

In its first full board meeting, the president okayed...
Egyptian Council Approves Raft of Measures to Boost Investment
Egypt >> 11/2/2016 - Egypt’s Supreme Investment Council approved a host of measures to boost investment that included an extended suspension of capital gains tax on shares and tax exemptions for producers in strategic sec...
Suez Canal Authority Expects Response to Pre-Paid Fees Plan Next Week
Suez Canal Authority Expects Response to Pre-Paid Fees Plan Next Week Egypt >> 11/2/2016 - The Suez Canal Authority expects to hear back from three major shipping firms shortly about its proposal to give discounts on fees for using the waterway if they are paid in advance, its chairman said...
Dubai Investments showcases major innovations at Big 5 Construct East Africa exhibition
United Arab Emirates >> 11/2/2016 - Dubai Investments PJSC, a major diversified investment company, is showcasing its key innovations at the Big 5 Construct East Africa 2016 exhibition, currently under way in Nairobi, Kenya.

Th...
Ministry Of Economy, GDRFA Sign Mou on Intellectual Property
United Arab Emirates >> 11/2/2016 - The Ministry of Economy and the General Directorate of Residency and Foreigners Affairs in Dubai (GDRFA-Dubai) have signed a memorandum of understanding with to increase protection and awareness of in...

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