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Egypt >> 11/7/2016 - Telecommunications firm Orange Egypt has agreed on a 500 million euro ($553 million) loan from its parent company to cover the cost of a licence that will let it operate fourth-generation mobile phone... |
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Egypt >> 11/7/2016 - Egypt will submit within two or three days a letter of intent to the International Monetary Fund for a $12 billion loan, Finance Minister Amr El Garhy was quoted as saying by the Al-Borsa newspaper. |
| Egypt >> 11/8/2016 - Egypt's decision to float the pound is credit positive for Egyptian banks, Global credit rating agency Moody's said in a statement, adding that the decision would increase the availability of US dolla... |
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Egypt >> 11/8/2016 - Trade and Industry Minister Tarek Kabil opened Kuwaiti Week exhibition held in Cairo under the rubric “Kuwait is in Egypt.” Kuwait's Ambassador in Cairo Mohamed Saleh, a number of ambassadors... |
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Egypt >> 11/8/2016 - Minister of International Cooperation Sahar Nasr conferred with Director of the French Development Agency (AFD)'s Office in Cairo Stephanie Lanfranchi and French Cultural and Cooperation Adviser Moham... |
| Egypt >> 11/8/2016 - The International Monetary Fund (IMF) board will meet to discuss Egypt’s request for financial assistance, IMF director Christine Lagarde said adding that she will recommend that the loan be approved.... |
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Egypt >> 11/8/2016 - Billboards displaying promotional materials from the tourism campaign "This is Egypt" have been raised in London as Egyptian tourism minister Yehia Rashed attended a conference on the sidelines of the... |
| United Arab Emirates >> 11/9/2016 - Emirates NBD Dubai Economy Tracker has shown that October data signalled a further improvement in business conditions across Dubai’s private sector economy, underpinned by strong rises in output and i... |
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Egypt >> 11/10/2016 - The National Bank of Egypt, the largest state-owned bank, has received over 30 billion Egyptian pounds from new certificates of deposit it started offering last week, state newspaper Al-Ahram quoted t... |
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Egypt >> 11/10/2016 - The Central Bank of Egypt has reached a deal to secure $2 billion in financing from global banks, the bank said in a statement. The central bank "initiated a repurchase transaction with a con... |
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Egypt >> 11/10/2016 - Egypt issued $4 billion in bonds in the Irish Stock exchange, the finance ministry said, in an attempt to create new financing sources to plug the country's widening budget deficit. Bonds wor... |
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Egypt >> 11/10/2016 - The Egyptian Cabinet, headed by Prime Minister Sherif Ismail reviewed a report on current procedures adopted for preparing the new Investment draft law, Youm7 reported. During the weekly meet... |
| Egypt >> 11/10/2016 - The Central Bank of Egypt decided to freely float the pound and raise key interest rates as part of reforms aimed at alleviating a dollar shortage and stabilizing the country's economy. Mood... |
| Egypt >> 11/13/2016 - Egypt's $12 billion three-year IMF loan programme will be repaid in 10 years with a 4.5 year grace period and the reforms agreed with the international lender aim to boost growth and curb inflation, t... |
| United Arab Emirates >> 11/14/2016 - The Dubai Chamber of Commerce and Industry in collaboration with the Chamber of Commerce & Industry of Antwerpen-Waasland, Belgium, organised a business meeting in the presence of H.E. Philippe Muyter... |
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Egypt >> 11/14/2016 - Egypt's Ministry of Irrigation has removed 12,061 structures illegally erected on the banks of the River Nile since January 2015, when the National Campaign to Save the Nile was launched by then-PM Ib... |
| Kuwait >> 11/14/2016 - Minister of Electricity and Water and Minister of Public Works, Awqaf and Islamic Affairs Ahmad Al-Jassar signed infrastructure contracts encompassing the areas of Al-Ghous road, Sabah Al-Salem and Se... |
| Egypt >> 11/14/2016 - Egypt has participated in the 9th iFresh China Fruit & Vegetable Expo that kicked off in Shanghai, Egypt’s state-owned news agency MENA reported. Egypt’s participation in the two-day expo aim... |
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Egypt >> 11/14/2016 - Orange Egypt has completed payment for its fourth-generation mobile services license and submitted the outstanding $242 million it owed the Egyptian government, a company official told Reuters. |
| United Arab Emirates >> 11/14/2016 - The issues and challenges facing the region’s banking industry were under the spotlight at the Middle East Banking Forum 2016, which took place at The St. Regis Corniche Abu Dhabi. Hosted by ... |
