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Dubai's Arabtec Plans to Build 13,000 Homes in Egypt
United Arab Emirates >> 11/16/2015 - Dubai builder Arabtec has submitted a proposal to Egypt's government to construct 13,000 homes in the North African country, the firm's chairman told Reuters.

In March 2014, Arabtec signed...
Chinese Delegation in Dubai to Explore Opportunities
United Arab Emirates >> 11/16/2015 - A delegation of more than 20 Chinese business leaders is in Dubai to learn about the city's meteoric rise from fishing village to global hub for trade, transport, logistics and finance, and how it is ...
FEP's Investments in Egypt Hit $1Bn over 4 years
Bahrain >> 11/16/2015 - The Bahraini-headquarters First Equity Partner Group, a major investment bank in the Middle East region, has pumped more than one billion dollars in the Egyptian market over the past four years, said ...
Egypt Issues 732.2 Mln Euro T-bills at Avg Yield of 2.283 %
Egypt >> 11/16/2015 - Egypt's central bank said that it had sold 732.2 million euros in Euro-denominated one-year treasury bills at an average yield of 2.283 percent.

The minimum yield was 2.209 percent and the ...
African Presidents Discuss Business Opportunities in Dubai
United Arab Emirates >> 11/18/2015 - The Africa Global Business Forum sessions commenced with the session titled ‘Next Steps – Cementing Gains and Enabling the Future’, which focused on what government leaders in Africa can do to facili...
Vodafone Egypt Investments to Record $1.2 Bln in 2017
Egypt >> 11/18/2015 - Vodafone Egypt, will invest LE6 billion ($766.2 million) over the next two years in the local market, raising its total investment above LE10 billion (roughly $1.2 billion) by 2017, Khaled Hegazy, the...
UAE Signs Open Skies Agreement with Slovakia
United Arab Emirates >> 11/19/2015 - The United Arab Emirates signed an open skies agreement with the Government of the Slovak Republic.

Saif Mohammed Al Suwaidi, Director-General of the UAE General Civil Aviation Authority (G...
Kuwait Investments in Jordan around USD 12 bln
Kuwait >> 11/21/2015 - Kuwait is one of Jordan's major economic partners with around USD 12 billion being invested by the Gulf state in the country, said Chairman of the Jordan Investment Commission (JIC) Dr. Montaser Oklah...
Egypt to Present Projects Worth $2.3 Bln in 2016
Egypt >> 11/22/2015 - Egypt will present 12 government projects for international bidding as public-private partnership (PPP) ventures worth a total of up to LE18 billion($2.3 billion) in 2016, according to Atter Hannoura ...
Siemens Reaches Financial Close Agreement for Egypt Power Plant
Egypt >> 11/22/2015 - A consortium led by German industrial group Siemens reached the financial close agreement for the combined cycle power plant in Upper Egypt at a value of €2 billion.

The deal, which was ini...
Egypt Issues $1.77 B of 1-year T-Bills at Avg Yield of 2.837%
Egypt >> 11/23/2015 - Egypt's central bank said it had sold $1.77 billion in one-year treasury bills at an average yield of 2.837 percent.

Egypt last sold $728.5 million in one-year treasury bills at an auction in...
Pfizer Invests EGP 100m to Add Production Line, Warehouse
Egypt >> 11/24/2015 - Pharmaceuticals company Pfizer plans to add a new liquid production line and a warehouse with investments worth EGP 100m in the upcoming months.
br> Chairman Abdel Aziz Shahin said Pfizer Global r...
Natixis Approved to Issue Letters of Credit for Trading on DME
United Arab Emirates >> 11/25/2015 - Dubai Mercantile Exchange, DME, and Natixis, a French corporate and investment bank, are pleased to announce that Natixis has been approved to issue Letters of Credit, LCs, for trading on the Dubai Me...
Saudi Arabia Approves $100 Million Loan to Egypt
Egypt >> 11/25/2015 - The Saudi Fund for Development approved a $100 million loan to Egypt in order to finance the expansion of the West Cairo power station to generate an additional 650 megawatt, state news agency MENA ci...
Egypt to Complete East Port Said Side Channel by June 2016
Egypt >> 11/25/2015 - Egypt plans to complete a side channel in East Port Said, near the Suez Canal, that would speed up shipping and allow ships direct entry into the port by the end of June 2016, Mohab Memish, head of th...
Egypt: 4.8% increase in industrial production in Q1-2015
Egypt >> 11/27/2015 - The Central Agency for Public Mobilization and Statistics (CAPMAS) said that industrial production increased during the first quarter of 2015 by 4.8 percent, hitting EGP 88.3 billion compared to EGP 8...
Iran Will Offer 40 Oil Projects to Investors
Iran >> 11/28/2015 - Iranian Assistant Petroleum Minister Roknoddin Javadi said that Tehran would offer 50 oil projects, as the country has been opening to foreign investment following the nuclear agreement with major wor...
Tejar Dubai Launches Two Commercial Projects for Young Entrepreneurs
United Arab Emirates >> 11/29/2015 - As part of its efforts to support creative and commercially-minded Emirati youth and to help them turn their business ideas into reality, the Dubai Chamber of Commerce and Industry initiative, Tejar D...
IFC to Invest in Egypt-based Sphinx Glass
Egypt >> 11/30/2015 - The International Finance Corporation (IFC), a member of the World Bank Group, announced that it is investing in a 20 percent equity stake in the Egypt-based Sphinx Glass, to boost the glass manufactu...
Qatar Urges Volkswagen to reduce Labour Influence
Qatar >> 12/6/2015 - Qatar, the third-largest shareholder in Volkswagen, is urging the German carmaker to reduce the influence of its powerful trade unions as it battles to overcome its emissions scandal, a German newspap...

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