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Sherif Ismail: Markets to Stabilize When Exchange Rate Becomes Stable
Sherif Ismail: Markets to Stabilize  When Exchange Rate Becomes Stable Egypt >> 1/3/2017 - Prime Minister Sherif Ismail said that markets in Egypt are expected to stabilize within three months when the exchange rate becomes stable, pointing out that the current stage has seen many changes d...
Sherif Ismail Chairs 'Tahya Misr' Board Meeting on Nuba, Most Needy Villages Projects
Sherif Ismail Chairs 'Tahya Misr' Board Meeting on Nuba, Most Needy Villages Projects Egypt >> 1/3/2017 - Prime Minister Sherif Ismail chaired a meeting by the board of the Long Live Egypt "Tahya Misr Fund" on several projects financed by the fund in various govern orates.

The ministers of local ...
Dubai Investments launches ‘Mirdif Hills’ project
United Arab Emirates >> 1/3/2017 - Investments has broken ground on the Mirdif Hills project, being developed by its subsidiary, Dubai Investments Real Estate Company, DIRC.

The AED3 billion Mirdif Hills is a mixed-use residen...
Saudi Chambers Council's Delegation to Present Investment Opportunities
Saudi Arabia >> 1/3/2017 - President of Saudi-Indian Business Council Engineer Kamal Al-Munajed has explained that the participation of the Kingdom of Saudi Arabia as a guest of honor in "Vibrant Gujarat Global Summit 2017" to ...
Egypt's cabinet dismisses reports on new fuel prices increase
Egypt >> 1/3/2017 - Egypt began a trial run for the fuel smart card system with official assurances that the system does not limit individuals' share of subsidised fuel

The Egyptian cabinet has dismissed media r...
Egypt's trade deficit down 19.9 pct year-on-year in October
Egypt >> 1/3/2017 - Month-over-month the deficit increased 22.8% in October, compared to September 2016

Egypt's trade deficit dropped 19.9 percent in October 2016 compared to the same month in 2015, reaching EGP...
Ministries of Antiquities and Tourism Sign Cooperation Protocol to Develop Giza Plateau
Egypt >> 1/4/2017 - Egypt’s ministries of antiquities and tourism have signed a cooperation protocol to co-manage tourist services at archaeological sites all over the country in an attempt to promote tourism.

M...
Vodafone, Orange Referred to Prosecution Over 4G Service Ads
Egypt >> 1/4/2017 - The Consumer Protection Agency said on Tuesday it has referred Orange and Vodafone companies to the Public Prosecution over deceiving consumers and providing them with incorrect information on the fou...
UAE Non-Oil Private Sector Continues Growth Momentum in December
United Arab Emirates >> 1/4/2017 - Growth momentum in the UAE’s private sector non-oil activity continued to strengthen in December 2016, driven by improving economic conditions, according to Emirates NBD.

Output rose at the "...
Dubai World Trade Centre Awards AED725 M Contract For One Central Project
United Arab Emirates >> 1/4/2017 - Dubai World Trade Centre has awarded Al Futtaim Carillion AED725 million contract to deliver phase 1A6 of One Central, a major development located between the current Dubai International Convention an...
Saudi: Branches of National Information Center Awarded ISO Certificate
Saudi Arabia >> 1/4/2017 - Branches of National Information Center and its administrative units have been awarded the certificate of quality management system in accordance with the requirements of International Organization fo...
Kuwait to Take Center Stage at Dubai Expo 2020
Kuwait >> 1/4/2017 - Kuwait's participation in the Dubai World Expo 2020 will be the focal point of the exhibition, Undersecretary of Kuwait's Ministry of Information Tarek Al-Merzem said.

Al-Merzem, who is the ...
Egypt's bourse gains EGP 4.5bn
Egypt's bourse gains EGP 4.5bn Egypt >> 1/4/2017 - The Egyptian Exchange (EGX) indexes showed mixed performance at the close trading amid purchase operations from foreign institutions and investors.

The market capital gained about EGP 4.5 b...
United Arab Emirates, Qatar May Stay Firm, Saudi Stagnate on Oil
United Arab Emirates >> 1/4/2017 - Stock markets in the United Arab Emirates and Qatar may stay firm after healthy gains on the previous day, but Saudi Arabia stalled and lower oil prices may cause that pattern to continue there.
Egypt approves bankruptcy law to spur investment
Egypt >> 1/4/2017 - The Egyptian cabinet approved the country's first bankruptcy law, Justice Minister Hossam Abdelrahim said, part of an economic reform drive aimed at encouraging investment.

The law aims to ...
Egypt Cabinet Approves Law Abolishing Prison Terms in Bankruptcy Cases
Egypt Cabinet Approves Law Abolishing Prison Terms in Bankruptcy Cases Egypt >> 1/5/2017 - The Egyptian cabinet has approved a law abolishing prison sentences in bankruptcy cases and limiting punishment to a monetary fine, Minister of Justice Hossam Abdel-Rehim announced.

Abdel-Reh...
Senior 'Economist' Analyst Expects Egyptian Pound Value to Rise By 14%
Egypt >> 1/7/2017 - Simon Baptist, the Global Chief Economist at The Economist Intelligence Unit, expected the value of the Egyptian pound to increase by 14 percent against the US dollar in 2017, after a sharp decline i...
UAE Food Safety Rating Increased 24 Percent in Three Years, Says Moccae
United Arab Emirates >> 1/7/2017 - The Ministry of Climate Change and Environment, MoCCAE, has announced that the food safety rating in the UAE has increased 24 percent in the last three years to reach 98 percent in 2016 compared to 74...
Kuwait Business Council in Dubai Launches Website
Kuwait >> 1/7/2017 - Kuwait Business Council in Dubai (KBC) announced that it launched an official website to provide adequate information and data on Kuwaiti business ventures in Dubai and the northern parts of the UAE. ...
Sczon Head Visits Berlin to Boost Economic Ties
Sczon Head Visits Berlin to Boost Economic Ties Egypt >> 1/8/2017 - Head of the General Authority for Suez Canal Economic Zone (SCZone) Ahmed Darwish starts a four-day visit to Germany during which he will meet with senior German officials and businessmen to attract i...

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