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First Abu Dhabi Bank Brand Value at AED14.7b by end of March 2017
United Arab Emirates >> 4/27/2017 - The brand value of First Abu Dhabi Bank, the merged entity of National Bank of Abu Dhabi (NBAD) and First Gulf Bank (FGB), increased to AED14.7 billion in the first three months of 2017, up from AED13...
UAE and German Officials Discuss Means of Boosting Economic Cooperation
United Arab Emirates >> 4/27/2017 - Abdullah bin Ahmed Al Saleh, Under-Secretary of the Ministry of Economy for Foreign Trade and Industry, and Frank Horch, Hamburg Minister for Economic Affairs, Transport and Innovation, discussed mean...
IMF Delegation in Egypt Ahead of Delivering 2nd Tranche of Loan, Equivalent to $1.25 Billion
Egypt >> 4/29/2017 - A delegation from the International Monetary Fund (IMF) arrive in Cairo to follow up on the progress in the country's economic reform programme ahead of delivering the $1.25 billion second tranche of...
Egypt:Afreximbank Signs $300 Million Loan Agreement with National Bank of Egypt
Egypt >> 4/29/2017 - The African Export-Import Bank (Afreximbank) has provided the largest public sector bank of Egypt a $300 million loan as an industrialisation support facility, to be repaid over three years, Afreximba...
Sahar Nasr Gulf Coalition View Boosting Investments
Sahar Nasr Gulf Coalition View Boosting Investments Egypt >> 4/29/2017 - Investment and International Cooperation Minister Sahar Nasr had talks on with a delegation from the Gulf in Love of Egypt Coalition on injecting more Gulf investments into Egypt in the coming period...
Egypt: Banna in Sudan to Attend Agricultural Integration Company Meetings
Egypt >> 4/29/2017 - Agriculture Minister Abdel Monmiem el-Banna arrived in Khartoum to participate in two-day meetings of the board of directors of the Egyptian-Sudanese Agricultural Integration Company.

The min...
Egypt Takes Part in International Consumer Goods Exhibition in Paris
Egypt >> 4/29/2017 - Egyptian Ambassador to France Ihab Badawi inaugurated the Egyptian pavilion in Foire de Paris - International Consumer Goods Exhibition.

The 10-day fair, held in Paris, is specialized in cr...
Egypt: Trade Minister Underlines Private Sector's Role in Reducing Poverty
Egypt: Trade Minister Underlines Private Sector's Role in Reducing Poverty Egypt >> 4/29/2017 - Minister of Trade and Industry Tarek Kabil underscored the important role played by businessmen in supporting most needy areas and their social responsibility toward reducing poverty rates.

K...
Egypt: Manufacturers in Egypt Turn to Local Sourcing As Prices Soar
Egypt >> 4/29/2017 - In green fields near Egypt's Mediterranean coast, one multinational company is harvesting its first crop of potatoes produced from local seeds to make a leading brand of chips.

Like other bi...
EU Official: Egypt Among Best Countries Regarding Water Efficiency in Africa
Egypt >> 4/30/2017 - Ayman Ayad, the Program Manager for Water and Utilities in the European Union Delegation Embassy in Cairo, asserted that Egypt is one of the best counties regarding water efficiency in Africa and the ...
The International Monetary Fund Delegation to Visit Egypt
The International Monetary Fund Delegation to Visit Egypt Egypt >> 4/30/2017 - A delegation of the International Monetary Fund (IMF) will arrive in Cairo to follow up the progress in the country's economic reform program ahead of delivering the second tranche of an IMF loan, acc...
Bank of Sharjah Posts AED 58 Million in Net Profit for Q1 2017
United Arab Emirates >> 4/30/2017 - Bank of Sharjah announced its financial results for the three months ending March31, 2017.

The bank’s total assets reached AED 28,880 million, an increase of 4 percent over the correspondin...
Dubai Chamber Explores Potential to Expand Trade with Uzbekistan
United Arab Emirates >> 4/30/2017 - Uzbekistan has enormous agricultural potential to contribute to the UAE’s food security, and there are plenty of opportunities to diversify supply of food products

Dubai-Uzbekistan non-oil tr...
Sisi Urges Improving Investment Climate in Egypt
Sisi Urges Improving Investment Climate in Egypt Egypt >> 5/1/2017 - President Abdel Fattah El Sisi called for improving the investment climate in Egypt to attract more investments into the country.

Sisi made the remark at a meeting with Prime Minister Sherif...
Dubai: Mubadala Investment Unveils New Logo
United Arab Emirates >> 5/1/2017 -  Mubadala Investment Company, established after the merger of Mubadala Development Company and International Petroleum Investment Company, began operations with a new logo purporting a welcome to the...
DUBAI: Construction Sector to Grow to US$ 336 Billion by 2020
United Arab Emirates >> 5/1/2017 - The estimated value of the building and construction industry in the Middle East and North Africa, MENA, region is expected to surge to US$336 billion by the year 2020, according to recent business re...
Saudi: Council of Economic Affairs and Development Sets Out Programs to Until 2020
Saudi Arabia >> 5/1/2017 - The Council of Economic Affairs and Development has identified ten programs of strategic importance for the government to achieve (the Kingdom of Saudi Arabia Vision 2030) approved by the Council of M...
Egypt: 180,000 Housing Units to Be Built for Slums' Residents – Sisi
Egypt: 180,000 Housing Units to Be Built for Slums' Residents – Sisi Egypt >> 5/2/2017 - President Abdel Fattah El Sisi said that 180,000 housing units would be completed by June 30, 2018 to accommodate the residents of dangerous slums.

The units will completely eliminate the pr...
Dubai: Emirates Investment Bank Reports Financial Results for the First Quarter of 2017
United Arab Emirates >> 5/2/2017 -  Emirates Investment Bank announced that its Q1 2017 net profit tripled to AED16.57 million, comparing to AED4.88 million in Q1 2016. The bank also said that Q1 2017 operating income doubled to AED47...
Kuwait: Burgan Bank Posts KD 17.8 Mln (USD 58.4 Mln) in Q1 Profits
Kuwait >> 5/2/2017 - Kuwait's Burgan Bank Group announced net profits of KD 17.8 million (USD 58.4 million) in the first quarter of 2017, compared to KD 14.3 million in the same period of last year.

Chairman of...

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