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Egypt's CIB Plans to Issue Dividend of 0.5 Egyptian Pounds per Share For 2016
Egypt >> 2/1/2017 - The board of Egypt's Commercial International Bank (CIB) has recommended a cash dividend of 0.50 Egyptian pounds ($0.0265) per share, it said after reporting a 27 percent rise in net income for 2016. ...
Dhabi: Mof Receives Bsi Group Certificate
United Arab Emirates >> 2/1/2017 - The Ministry of Finance, MoF, has announced that it has received certification for the PAS 99:2012 Integrated Management System, including ISO 20000, ISO 27001, and ISO 22301.

Commenting on t...
Egypt Inflows into Banks Register $9 Bn since Pound Flotation
Egypt >> 2/1/2017 - Total inflows into the Egyptian banking system have reached $9 billion since the Egyptian pound was floated in November, assistant central bank sub-governor Rami Aboulnaga said

Import-depend...
Kuwait Bourse ends trading in green
Kuwait >> 2/1/2017 - Kuwait Bourse ended trading session in the green with the three main indices up.

The Price Index rose 15.74 points to stand at 6,847.96 points, the Weighted Index went up by 0.79 points to ...
IMF Delegation in Egypt Ahead of Review for Second Loan Installment
Egypt >> 2/1/2017 - A delegation from the International Monetary Fund (IMF) has arrived in Egypt to prepare for a review required before disbursing the second installment of a three-year $12-billion loan, sources at the ...
Ghada Wali Honors Egypt's Top 50 Women, Best Companies in Economy
Egypt >> 2/1/2017 - Minister of Social Solidarity Ghada Wali participated in a ceremony yesterday honoring the Top 100 Companies in Egypt, and the Top 50 Women Performing in Egypt for the year 2016.

Several mini...
Egypt's Reserve of Wheat, Enough Consumption of Sugar, 5 Months and 10 Months
Egypt's Reserve of Wheat, Enough Consumption of Sugar, 5 Months and 10 Months Egypt >> 2/2/2017 - Egyptian Minister of Supply Mohammad Moslehi said that the strategic wheat reserve for his country's biggest buyer of wheat in the world enough consumption of 5 months.

Moslehi said in a pres...
Tunisia's Central Bank Holds Key Rate Unchanged At 4.25 Percent
Tunisia >> 2/2/2017 - Tunisia's central bank has kept its key interest rate unchanged at 4.25 percent, the bank said.

The bank last cut its main interest rate in October 2015, from 4.75 percent
UAE: Annual Investment Meeting to tap into space technologies
United Arab Emirates >> 2/2/2017 - The 7th edition of the Annual Investment Meeting, AIM, will tap into space technologies. The UAE’s investments in space technologies currently exceeds AED20 billion.

Held under the patronage ...
DGCX traded 1.37 million contracts in January, valued US$ 33 billion
Egypt >> 2/2/2017 -  The Dubai Gold and Commodities Exchange, DGCX, has traded an aggregate 1.37 million contracts in January, valued at US$33 billion.

The exchange recorded its highest daily trading volume for ...
Sherif Ismail chairs Supreme Energy Council meeting
Egypt >> 2/2/2017 - Prime Minister Sherif Ismail chaired a meeting of the Supreme Energy Council.

During the meeting, a request by the National Company for Fertilizers and Chemicals to get a share of natural gas...
Egypt to Offer Banque Du Caire's Shares on Bourse in 'Few Months'
Egypt to Offer Banque Du Caire's Shares on Bourse in 'Few Months' Egypt >> 2/4/2017 - Banque Du Caire, one of Egypt's largest and oldest public lenders, has filed a request at the Egyptian Stock Exchange to see its shares offered through an initial public offering on the bourse in the ...
Egypt :IMF to Review Egypt’s Economic Reforms Progress Before Second Loan Tranche
Egypt >> 2/4/2017 - A delegation from the International Monetary Fund (IMF) started meetings in Cairo with ministers of the economic group of the cabinet to review the performance of the Egyptian economy almost 3 months ...
Kuwait: CBK: Exchange Firms' Measures Taken Upon '13 Instructions
Kuwait >> 2/4/2017 - Central Bank of Kuwait (CBK) Governor Mohammad Al-Hashel said measures applied by exchange firms regarding combatting money laundering and terror finance came upon CBK instructions in July 2013.
<...
Sisi Affirms ICT Important Role in Improving National Economy
Sisi Affirms ICT Important Role in Improving National Economy Egypt >> 2/5/2017 - President Abdel Fattah El Sis affirmed the importance of the communication sector in pushing forward the national economy.

Receiving Minister of Communications and Information Technology Yas...
Egypt: US Mulls Cooperation with Suez Canal Zone
Egypt: US Mulls Cooperation with Suez Canal Zone Egypt >> 2/5/2017 - Head of the Suez Canal Economic Zone Ahmed Darwish met with Carl Kress, the US Trade and Development Agency (USTDA) Regional Director for East Asia, the Middle East, North Africa and Europe.

...
Kuwait Bourse Ends Trading In Red Zone
Kuwait >> 2/5/2017 - Trading at Kuwait Bourse ende trading in the red zone with the benchmark down by 156.61 points to settle at 6,686.92 points.

The weighted index shed 3.53 points to stand at 421.83 points, as...
Dhabi: Margin Trading Finances Touch AED15.2bn in ADX
United Arab Emirates >> 2/5/2017 - Abu Dhabi Securities Exchange (ADX) announced that margin trading financing reached AED15.2 billion in 2016, representing 15.4 percent of the total trading value (buy and sell), which amounted to AED9...
DHABI: Trading and Business Matchmaking to be Core Focus of Global Value Chain Market Platform
United Arab Emirates >> 2/5/2017 - The Global Manufacturing and Industrialisation Summit, GMIS, being held in Abu Dhabi in March announced details of one of the summit’s showcase events, the Global Value Chain Market, GVCM, which is d...
Egypt's Foreign Reserves Climb to $26.3 Bin in January: CBE
 Egypt's Foreign Reserves Climb to $26.3 Bin in January: CBE Egypt >> 2/5/2017 - The Central Bank of Egypt (CBE) said that the country's foreign reserves hit $26.3 billion at the end of January 2017, rising from $24.2 billion last month. The announcement comes a few days after c...

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