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Sahar Nasr in Talks with WB Over 3rd Batch of Loan
Sahar Nasr in Talks with WB Over 3rd Batch of Loan Egypt >> 4/24/2017 - Minister of Investment and International Cooperation Sahar Nasr met in Washington with Hartwig Schafer, the World Bank Vice President for Operations Policy and Country Services for talks on accelerati...
Egypt: 30 Projects worth $20 Billion to be Established in Suez Canal Economic Zone
Egypt >> 4/24/2017 - Egypt will establish 30 projects in the Suez Canal Economic Zone with investments totalling US$20 billion, said President of the Suez Canal Economic Zone Ahmed Darwish.

The projects will be e...
Saudi Arabia Restored Perks to State Employees, Boosting Markets
Saudi Arabia >> 4/24/2017 - Saudi Arabia reinstated financial allowances for civil servants and military personnelafter better-than-expected budget figures, ending unpopular cuts to a key perk triggered by low oil prices and che...
Saudi May Slip on Profit-Taking; Mobily May Fall on Disappointing Net Loss
Saudi Arabia >> 4/24/2017 - Saudi Arabia's stock index may slightly correct following the previous day's strong gains on news that public sector workers' perks have been restored, while shares of Etihad Etisalat (Mobily), the c...
UAE and Azerbaijan Focus on Nine Areas of Future Cooperation.
United Arab Emirates >> 4/24/2017 - The sixth session of the UAE-Azerbaijan Joint Economic Committee, held at the Grand Hyatt Hotel in Dubai, and co-chaired by Sultan bin Saeed Al Mansouri, Minister of Economy, and his counterpart, Shah...
Sherif Ismail Greets Egypt's Workers on Labor Day
Sherif Ismail Greets Egypt's Workers on Labor Day Egypt >> 4/25/2017 - Prime Minister Sherif Ismail met the members of the board of directors of the General Federation of Egyptian Trade Unions (GFETU) in the presence of the manpower minister and the head of the GFETU.
Egypt: 36 Ships Transit Suez Canal
Egypt >> 4/25/2017 - A total of 36 ships transited the Suez Canal , with a total cargo of 2.77 million tons.

The south-bound convoy included 20 vessels carrying around 1.1 million tons, while the north-bound conv...
Egyptian Tourism Minister Promises to Facilitate Visas for Visitors Accompanying Arab Tourists
Egypt >> 4/25/2017 - Egypt’s tourism minister promised that visa procedures would be "facilitated" for visitors from Arab countries, ahead of a hoped-for increase in visitors during Ramadan and the summer holidays.
Tunisia to Raise Key Interest Rate after Dinar Slide - Central Bank Governor
Tunisia >> 4/25/2017 - Tunisia central bank has decided to raise its key interest rate for the first time in three years after the dinar currency fell to historic lows against the euro, the bank's governor said

Go...
Egypt: Finance Ministry to Add 10% Social Allowance to Workers' Salaries from May
Egypt >> 4/26/2017 - The Finance Ministry approved the disbursement of a 10 percent social allowance for workers, during a meeting with the leaders of the Labor Union at its headquarters.

The Ministry of Finance...
Egypt’s PM Briefs Sisi on Latest Updates on Economic Reform Measures
Egypt’s PM Briefs Sisi on Latest Updates on Economic Reform Measures Egypt >> 4/26/2017 - Egypt’s Prime Minister Sherif Ismail presented the president with the latest updates on the ongoing economic reform measures, stating that the cabinet is targeting a 22.6 percent inflation rate by the...
Sisi Inspects Suez Canal Tunnels Project
Sisi Inspects Suez Canal Tunnels Project Egypt >> 4/26/2017 - President Abdel Fattah El Sisi inspected the Suez Canal tunnels project on the second day of the Third National Youth Conference, currently in session in Ismailia grovernorate.

During his i...
Sahar Nasr: Investment Min Participates in W20 Summit in Berlin
Sahar Nasr: Investment Min Participates in W20 Summit in Berlin Egypt >> 4/26/2017 - Investment and International Cooperation Minister Sahar Nasr took part in the Women 20 (W20) summit in Berlin.

The summit was attended by German Chancellor Angela Merkel, Assistant to US Pres...
New Egyptian Investment Law to be Issued In May
Egypt >> 4/26/2017 - A new investment law is expected to be issued in Egypt in May, Prime Minister Sherif Ismail said

The government approved a draft for the law in March 2015 with a view to bolstering investor ...
Kuwait Min: GCC Determined to Rope Youth in to Economy
Kuwait >> 4/26/2017 - Kuwaiti Minister of Commerce and Industry Khaled Al-Roudan said the GCC member states are bent on drawing Gulf young people to economy by spurring small-sized enterprises.

Al-Roudan, who do...
UAE Ministry of Economy Participates in Global Trade Development Week in Singapore
United Arab Emirates >> 4/26/2017 - World trade agreements and their impact on customs and streamlining of trade exchange between world countries were the main topic of discussion at the 2017 Global Trade Development Week, GTDW, Customs...
Sisi: 200-Mln-Meter Industrial Zone Setup in Ain Sokhna Area
Sisi: 200-Mln-Meter Industrial Zone Setup in Ain Sokhna Area Egypt >> 4/27/2017 - President Abdel Fattah El Sisi said that an industrial zone is being set up in Ain Sokhna area.

Sisi's remarks were made on the sidelines of a session, dubbed "prospects for sustainable devel...
Sisi Urges Finalizing Suez Canal Axis Development Project
Sisi Urges Finalizing Suez Canal Axis Development Project Egypt >> 4/27/2017 - President Abdel Fattah El Sisi called for finalizing the Suez Canal axis development project as being one of the most important national projects, which is expected to help attract investors and boos...
The Egyptian Exchange Gains EGP 6.9 Billion
The Egyptian Exchange Gains EGP 6.9 Billion Egypt >> 4/27/2017 - The Egyptian Exchange (EGX) indexes went up collectively at the close of trading amid purchase operations by foreign investors, while sales prevailed in transactions of local institutions and investme...
Saudi Bank Alawwal Extends Gains on Merger Talks Region
Saudi Arabia >> 4/27/2017 - Shares in two Saudi banks that are in early merger talks moved in opposite directions while other regional markets moved little in thin volumes.

Alawwal Bank extended the previous session's ...

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