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National Portfolio Role in KSE is Limited
Kuwait >> 12/6/2015 - The role of the National Portfolio in Kuwait Stock Exchange (KSE) is "still limited" and controlled by the regulations," Kuwaiti economists said.

The main purpose of the portfolio, which was ...
Egypt's Banque Misr Closes $250 Mln 3-yr Loan
Egypt >> 12/6/2015 - Banque Misr has raised a $250 million loan of three years duration that Egypt's second-largest state lender will use for general funding purposes, the coordinator of the deal said.

The tran...
Al-Zour Power Plant Top Giant Project in Kuwait
Kuwait >> 12/7/2015 - Al-Zour North Power is the dawn of partnership projects between the public and private sector in Kuwait, an official said on Monday. In an interview with Al-Anbaa Arabic daily published ,Director Gene...
Egypt's External Debt Declines 4% to $46.1 Bn in Sep. 2015
Egypt >> 12/7/2015 - Egypt's external debt decreased by 4 percent to US$46.1 billion at the end of September 2015, compared with $48.1 billion at the end of June 2015, according to November 's central bank bulletin.
Dubai Islamic Bank launches New Mobile App.
United Arab Emirates >> 12/8/2015 - Dubai Islamic Bank, DIB, the largest Islamic bank in the UAE, has announced the launch of its new mobile banking app for Apple IOS and Android platforms. The offering has been enhanced compared to pre...
PM held a Meeting to Discuss the Projects Will be Launched During China President Visit to Egypt
Egypt >> 12/8/2015 - PM Sherif Ismail met with the China unit in the cabinet of Ministers, the meeting was attended by the Ministers of electricity, agriculture, transport, international cooperation, trade and industry, a...
BP Enlarges its Stake in Gas Project in Egypt's Nile Delta
Egypt >> 12/9/2015 - BP Egypt announced on Wednesday expanding its stake in the country’s West Nile Delta (WND) gas project to 82.75 percent after completing the acquisition of additional interest from Hamburg-based DEA D...
Sisi Approves $400mn Loan from IBRD for Social Scheme
Egypt >> 12/10/2015 - Egypt's President Abdel-Fattah El-Sisi has ordered the approval of a $400 million loan from a World Bank Group institution for a social scheme aimed at benefiting up to 1.5 million Egyptian families, ...
Sherif Ismail Form Committee to Communicate with Investors
Egypt >> 12/10/2015 - Engineer Sherif Ismail, President of the Council of Ministers, stated a resolution to form a committee under his presidency and with the membership of each of the following:

1. The governo...
CBE to Sell $1.1 Billion in T-bills on 15 Dec. 2015
Egypt >> 12/10/2015 - Egypt’s Central Bank will issue one-year dollar-denominated treasury bills worth $1.1 billion to local banks and international financial institutions on 15 December, the MENA state news agency reporte...
€ 62m from EU to Support Egypt’s Development Projects
Egypt >> 12/11/2015 - International Cooperation Minister Sahar Nasr witnessed the signing ceremony of two EU agreements worth EUR 62 million.

The ceremony was also attended by Housing Minister Mostafa Madbouli, Ed...
Establishing Developed Industrial Zone in Borg el Arab
Egypt >> 12/12/2015 - Establishing a developed industrial zone in Alexandria Borg el Arab can lure LE8.6 billion investments, Trade and Industry Minister Eng. Tareq Qabeel said.

Speaking on the fringe of a visi...
Within Days, Egypt and Saudi Arabia Discuss Package of Major Investment Projects
Egypt >> 12/12/2015 - The PM stressed on the deep bilateral relations between Egypt and Saudi Arabia, indicating that the release of the Coordinating Council of the Saudi Egyptian reflects the two countries were keen to su...
Nasdaq Dubai Welcomes Listing of $500 M Sukuk by Majid Al Futtaim
United Arab Emirates >> 12/13/2015 - Nasdaq Dubai has welcomed the listing on its market of a US$500 million Sukuk issued by Majid Al Futtaim Holding. The listing brings the total value of Sukuk listings carried out on the exchange durin...
Communications Minister& Isys Delegation Discusses Kuwaiti Investments in Egypt
Egypt >> 12/13/2015 - Communications Minister Yasser el Qadi met with a delegation of Kuwait's Isys Global Trading Group to discuss bilateral cooperation, particularly where the electronic payment industry is concerned.
Nassif Sawiris Acquires Remarkable Share in Irish C&C Group
Egypt >> 12/13/2015 - Egyptian businessman Nassef Sawiris has acquired shares worth 22.4 million pounds in Irish alcoholics maker C&C Group, garnering him a 6.7 percent stake in the company.

The acquisition was...
The American Company Bechtel Confirms Pumping more New Investments in Egypt
Egypt >> 12/13/2015 - PM Sherif Ismail met with the Mr. David Welch, the regional chairman of the Bechtel organization, Mr. Zaidoun Gawdat, the general manager of the company in Egypt, in the presence of Mr. Ashraf Salman ...
Dubai Islamic Bank Launches Unique Emirati Banking Services
United Arab Emirates >> 12/14/2015 - Dubai Islamic Bank, DIB, the largest Islamic bank in the UAE, has announced the launch of a new range of Emirati Family Banking services. Designed to allow individuals to bring multiple family members...
Egypt's Startups Compete For Venture Capital on Global Stage
Egypt >> 12/15/2015 - Ahmed Galal’s dental business was not doing well for a year following Egypt’s 2011 uprising, before he started a new project.

The middle-aged Egyptian dentist decided to shut down his clinic...
Volume of Egyptian Investments in Sudan Reaches $11bn
Egypt >> 12/15/2015 - Egyptian Ambassador in Sudan Ossama Shaltout asserted Egypt's keenness to participate and cooperate in economic development projects in Sudan.

In an exclusive interview with MENA on Monday...

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