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Egypt: China’s Good Sense to Establish $100 Mln Aluminium Factory in Egypt
Egypt: China’s Good Sense to Establish $100 Mln Aluminium Factory in Egypt Egypt >> 1/22/2017 - China's Guangzhou Goodsense Decorative Building Materials Co. Ltd. is set to establish a new factory in Egypt with an Egyptian-Saudi-Chinese capital of $100 million to manufacture aluminium composite ...
Tarek Qabil: Trade Minister $100-M Aluminum Factory to be Established In Ataqa
Tarek  Qabil: Trade Minister $100-M Aluminum Factory to be Established In Ataqa Egypt >> 1/23/2017 - A major Chinese company will establish a factory in Egypt to manufacture aluminum composite panels at a cost of $100 million, said Trade Minister Tareq Qabil.

Located in Ataqa industrial zone...
Ashraf el-Araby: Planning Minister: Growth Rate Up To 3.4% in 1st Quarter of 2016-2017
Egypt >> 1/23/2017 - The first quarter of the FY 2016-2017 witnessed an improvement in growth, which reached 3.4%, according to Planning Minister Ashraf el-Araby.

Investments increased by one percent in the same ...
Egypt: Sczone to be Among World's Best 7 Investment Destinations By 2035
Egypt >> 1/23/2017 - Chairman of the Suez Canal Economic Zone (SCZone) Ahmed Darwish said on that his organization plans to be one of the world's best seven investment destinations by 2035.

Addressing a conferenc...
DHABI: CFA Society Emirates to host Middle East Investment Conference 2017
United Arab Emirates >> 1/23/2017 - CFA Society Emirates, the Association of CFA Charter holders and members in the UAE, will host the 8th Middle East Investment Conference, MEIC, next month in Abu Dhabi.

As significant shifts ...
Sherif Ismail: Pm Forms Committee to Combat Illegal Immigration, Human Trafficking
Sherif Ismail: Pm Forms Committee to Combat Illegal Immigration, Human Trafficking Egypt >> 1/24/2017 - Prime Minister Sherif Ismail issued a decision to form a committee to combat the illegal immigration and human trafficking.

Named the national coordinating committee for combating and preven...
Egypt:36 Ships Transit Suez Canal
Egypt >> 1/24/2017 - Thirty-six ships transited the Suez Canal with a total cargo of 2.4 million tons.

The south-bound convoy included 23 vessels carrying 1.2 million tons, while the north-bound convoy included ...
Egypt: Parliament Speaker Urges Canada to Take Decisive Step against the Muslim Brotherhood
Egypt >> 1/24/2017 - Parliament Speaker Ali Abdel Aal urged Canada to take a firm stance against the Muslim Brotherhood group, noting that many members of the terrorist group were living on its soil.

Addressing ...
Sahar Nasr: Int'l Cooperation Ministry Working to Increase Funds to Women By 50%
Sahar Nasr: Int'l Cooperation Ministry Working to Increase Funds to Women By 50% Egypt >> 1/24/2017 - International Cooperation Minister Sahar Nasr said her Ministry is providing training and finance for youth and women.

Nasr's remarks followed an announcement by President Abdel Fattah El Si...
Saudi Arabia: Gulf May Consolidate, Saudi Could Continue Rebound
Saudi Arabia >> 1/24/2017 - Gulf stock markets may consolidate amid a lack of fresh, positive factors, though Saudi Arabia could continue a rebound that began

The Saudi index rose 1.7 percent in the highest trading vol...
Egypt Begins Marketing Triple-Tranche Eurobond at 6.375 to 8.875 Pct
Egypt >> 1/24/2017 - Egypt began marketing a triple-tranche U.S. dollar-denominated benchmark bond issue with yields ranging between 6.375 and 8.875 percent, bankers involved in the deal said.

The five-year tran...
Dubai Trade Shortlists Nominees for 9th E-Services Excellence Award
United Arab Emirates >> 1/24/2017 - Dubai Trade, the single window for cross-border trade and a DP World company, has shortlisted nominees for its 9th e-Services Excellence Award, ESEA.

Winners will be announced at the annual a...
DUBAI: AMAF and IDB Sign Agreement to Enhance Collaboration
United Arab Emirates >> 1/24/2017 - The Awqaf and Minors Affairs Foundation, AMAF, has signed a Memorandum of Understanding, MoU, with the Islamic Development Bank, IDB, to step up collaboration in areas related to endowment services an...
Egypt: Growth Rate of Egypt's Exports Reaches 7.4% In 2016
Egypt >> 1/24/2017 - Egypt’s non-petroleum exports increased by 7.41 percent in 2016, compared to the rate of exports achieved in 2015, reaching US$19.118 billion in 2016 up from around US$17.8 billion in 2015, Al-Borsa n...
Egypt Plans Currency Swap with Russia
 Egypt Plans Currency Swap with Russia Egypt >> 1/24/2017 - The Egyptian government is considering signing a currency swap agreement with Russia, following in the footsteps of its agreement with China in October, an senior Finance Ministry official told Al Mal...
Sahar Nasr: Int’l Cooperation Min., EC Delegation Discuss Shoring up Smes
Sahar Nasr: Int’l Cooperation Min., EC Delegation Discuss Shoring up Smes Egypt >> 1/25/2017 - International Cooperation Minister Sahar Nasr discussed with a delegation of the European Commission (EC) increasing funds for small and medium-sized enterprises (SMEs).

The delegation group...
Egypt Asks For US$400 Million Loan from World Bank
Egypt Asks For US$400 Million Loan from World Bank Egypt >> 1/25/2017 - The Egyptian government asked for US$400 million loan from the World Bank to finance labor-intensive projects with 50 percent of the loan, while the other half will finance micro and small-sized enter...
Egypt's Bourse Gains 7.5 Billion Pounds
Egypt's Bourse Gains 7.5 Billion Pounds Egypt >> 1/26/2017 - The Egyptian Exchange indices recorded collective gains at early trading backed by purchases by foreign institutions, investment funds and Egyptian and Arab individual investors

. The market ...
Saudi Rises, Most of Gulf Moves Little in Early Trade
Saudi Arabia >> 1/26/2017 - Saudi Arabia's Stock Market Continued its uptrend of the past few days in early trading while other Gulf bourses moved little, with Kuwait's bull run stalling in heavy trade.

The Saudi index ...
Egypt WEF Makes Progress in Financial Services Index
Egypt >> 1/26/2017 - The 2017 World Economic Forum (WEF)’s report showed that Egypt has made remarkable progress in several indexes of non-banking financial services, Chairman of the Egyptian Financial Supervisory Authori...

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