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Morocco Inflation Rises to 0.3 Pct in April
Morocco >> 5/22/2017 - Morocco's inflation was 0.3 percent in April up slightly from 0.1 percent in March due to a rise in food prices, the planning agency said.
Egypt: Housing Ministry Inks Cooperation Protocol with UN to Develop Slums
Egypt >> 5/22/2017 - The Egyptian Ministry of Housing inked a cooperation protocol with the United Nations to develop slums in Egypt.

The protocol was inked by Egypt’s Housing Minister Moustafa Madbouly and Exe...
Kuwait's Trade Surplus with Japan More Than Doubled
Kuwait >> 5/22/2017 - Kuwait's trade surplus with Japan more than doubled to JPY 42.2 billion (USD 379 million) from a year earlier in April thanks to strong exports, the Japanese Finance Ministry said

The surplu...
Egypt Budget Deficit Down to 8 Percent of GDP in First Nine Months of 2016-17
Egypt >> 5/23/2017 - Egypt's budget deficit for the first nine months of the 2016-17 fiscal year ending in June dipped to 8 percent of GDP from 9.4 percent during the same period last year, a draft budget statement showed...
Dubai Internet City Affirms Role As Enabling Platform For Entrepreneurs And Smes
United Arab Emirates >> 5/23/2017 - Dubai Internet City, DIC, has affirmed its role as enabling platform for entrepreneurs and small and medium-sized enterprises, SMEs, at the 20th edition of TECOM SME Builder.

The event, organ...
Kuwait: Closer Ties between the Ministers of Commerce and Industry in the Gulf Cooperation Council
Kuwait >> 5/23/2017 - The Ministers of Commerce and Industry in the Gulf Cooperation Council (GCC) met to examine strategies to deepen cooperation on both regional and international levels.

The Kuwaiti Ministry...
Sisi Reviews Initial Outcome of 2016-17 Budget, Measures to Provide Commodities during Ramadan
Sisi Reviews Initial Outcome of 2016-17 Budget, Measures to Provide Commodities during Ramadan Egypt >> 5/23/2017 - President Abdel Fattah El Sisi met with Prime Minister Sherif Ismail, Finance Minister Amr el Garhy and Deputy Finance Minister for Fiscal Policies Ahmed Kajouk.

The meeting tackled the budg...
Dubia: Ali Salem Al-Kaabi Inaugurates the Annual Exhibition of Women Entrepreneurs
United Arab Emirates >> 5/23/2017 - Under the patronage of Her Highness Sheikha Fatima Bint Mubarak “Mother of the Nation”, Chairwoman of the General Women's Union, Supreme Chairwoman of the Family Development Foundation, President of t...
Morocco Opens First Islamic Bank Branch Months after Approval
Morocco >> 5/23/2017 - The first Islamic bank in Morocco, Umnia Bank, has opened its doors five months after the country's central bank approved requests to open Islamic financial institutions.

Islamic banks and in...
Tunisian Central Bank Hikes Main Rate to 5 Pct to Halt Dinar Slide
Tunisia >> 5/24/2017 - Tunisia's central bank raised its key interest rate from 4.75 percent to 5.00 percent the second hike in a month as it tries to halt a slide in the dinar currency, which has fallen to historic lows a...
Dubai Chamber, Kenya National Chamber Sign Mou to Enhance Economic Cooperation
United Arab Emirates >> 5/24/2017 - Agreement established a practical framework to strengthen trade relations between Dubai and Kenya

Dubai, UAE: The Dubai Chamber of Commerce and Industry and the Kenya National Chamber of Comm...
Sisi Opens Major National Projects in Damietta
Sisi Opens Major National Projects in Damietta Egypt >> 5/24/2017 - President Abdel Fattah El Sisi inaugurated several major national projects in Damietta governorate.

The president was accompanied by Prime Minister Sherif Ismail, Defense and Military Produ...
Kuwait Eyes Developing Different Transport Sectors
Kuwait >> 5/24/2017 - Kuwait is looking forward to implementing "Vision 2035" where government eyes development of various transport sectors, electricity and information technology.

This development will be throu...
UAE Ambassador Visits The New Zealand Islamic Development Trust.
United Arab Emirates >> 5/24/2017 - Saleh Ahmad Al Suwaidi, Ambassador of the UAE to New Zealand, has visited the New Zealand Islamic Development Trust in Auckland.

The visit comes in line with the Holy Month of Ramadan, and th...
ABU DHABI: General Federal Budget Reviewed by Financial, Economic Committee
United Arab Emirates >> 5/24/2017 - The draft of the general federal budget for the fiscal year 2018was the crux of the meeting held by the Financial and Economic Committee

The meeting was chaired by H.H. Sheikh Hamdan bin Ra...
DUBAI: Ministry of Economy Unveils Details of World Trade Development Week in Dubai
United Arab Emirates >> 5/25/2017 - The Ministry of Economy unveiled the details of the World Trade Development Week 2017, which will be held in Dubai from 30th October to 1st November, 2017.

More than 1,500 representatives fr...
Egypt: Investment Minister Meets Greek Amb.
Egypt: Investment  Minister Meets Greek Amb. Egypt >> 5/25/2017 - Investment and International Cooperation Minister Sahar Nasr had a meeting with Greek Ambassador to Egypt Michael Christos Diamessis.

They discussed means of increasing Greece's investments ...
Egypt: Trade Minister:Belarusian Delegation to Visit Egypt Soon
Egypt: Trade Minister:Belarusian Delegation to Visit Egypt Soon Egypt >> 5/25/2017 - Trade and Industry Minister Tareq Qabil said a high-level government delegation from Belarus will visit Egypt soon to discuss available investment opportunities within the framework of the Russian Ind...
Egypt Negotiates 3rd Tranche of World Bank Loan
Egypt Negotiates 3rd Tranche of World Bank Loan Egypt >> 5/25/2017 - Minister of Investment and International Cooperation Sahar Nasr met with Asaad Alem, the World Bank’s Regional Director in Cairo, to discuss the disbursement of the third tranche, worth $1 billion, of...
Abu Dhabi Chamber Discusses Expanding Economic and Investment Cooperation with Iraq
United Arab Emirates >> 5/25/2017 - His Excellency Ibrahim Al-Mahmoud, 1st Deputy Chairman of the Abu Dhabi Chamber of Commerce and Industry, received His Excellency Mohamed Shiaa’ Al-Sudani, Iraqi Minister of Labor and Social Affairs a...

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