Egypt Zones accountACCOUNT

Financials and Investment News

Egypt Signs $575 Million Agreement with GE for 100 Multi-Use Locomotives
Egypt >> 6/17/2017 - Egypt signed a $575 million agreement with General Electric Co for GE to provide 100 new multi-use locomotives, 15 years of technical support and spare parts, and maintenance and upgrades of 81 trains...
Sherif Ismail to Attend Signing of Deal on Upgrading Egyptian Ports
Sherif Ismail to Attend Signing of Deal on Upgrading Egyptian Ports Egypt >> 6/17/2017 - Prime Minister Sherif Ismail will attends the signing of a deal between the Ministry of Transport, the Egyptian National Railways Authority and General Electric company to upgrade Egyptian ports.
...
ABU DHABI: Central Bank Holds Forum for Strategic Partners
United Arab Emirates >> 6/17/2017 - The Central Bank of the UAE is holding a forum for its strategic partners and national agenda executive teams.

The forum comes at the beginning of the Fourth Government Strategic Session 2017...
Kuwaiti stocks close up
Kuwait >> 6/18/2017 - Kuwaiti Stock Exchange, or Boursa Kuwait, ended trading in the green zone. The benchmark went up by 42.41 points to settle at 6,853 points.

The Weighted and KSX 15 indices also rose by 5.93...
Egypt: Prime Minister Attends Signing Ceremony of ENERGY Agreement
Egypt: Prime Minister Attends Signing Ceremony of ENERGY Agreement Egypt >> 6/18/2017 - Prime Minister Sherif Ismail attended the signing ceremony of a $575 million agreement between the Egyptian National Railways (ENR) and General Electric (GE).

The agreement covers the suppl...
Sherif Ismail Says Egypt Keen on Boosting Cooperation with Partners to Enhance Economy
Egypt >> 6/18/2017 - Prime Minister Sherif Ismail said Egypt is keen on boosting cooperation with its partners to achieve the economic growth goals and meet the requirements of sustainable development plans.

Me...
ABU Dhabi: AED 22 Billion Distributed in Cash Dividends By ADX
United Arab Emirates >> 6/18/2017 - Abu Dhabi Securities Exchange, ADX, has distributed around AED22.1 billion in cash dividends to investors during the first six months of 2016 on behalf of its listed companies.

ADX Chief Exec...
Egypt: Nigeria Lifts Ban on Egyptian Furniture Exports
Egypt: Nigeria Lifts Ban on Egyptian Furniture Exports Egypt >> 6/19/2017 - Trade and Industry Minister Tarek kabil said that Nigeria lifted the ban on its imports of furniture from Egypt.

The minister added that Nigeria had imposed a ban on imports of furniture amo...
Egypt: Investment Minister Confers with UNOPS Director on Setting up Development Fund for Egypt
Egypt: Investment Minister Confers with UNOPS Director on Setting up Development Fund for Egypt Egypt >> 6/19/2017 - Minister of Investment and International Cooperation Sahar Nasr conferred with Executive Director of UN Office for Project Services (UNOPS) David Grete Faremo on measures to boost cooperation through...
Abu Dhabi and Techpreneur Africa Global Market Sign Mou to Accelerate Fintech Development
United Arab Emirates >> 6/19/2017 - TechPreneur Africa, a social impact firm which focusses on harnessing innovation and entrepreneurship to achieve real economic impact across Africa, has signed a Memorandum of Understanding, MoU, with...
Kuwait's Trade Surplus with Japan Nearly Doubles
Kuwait >> 6/19/2017 - Kuwait's trade surplus with Japan nearly doubled to JPY 48.2 billion (USD 433 million) from a year earlier in May, as exports remained strong, the Finance Ministry said

The surplus jumped b...
Morocco Trade Deficit Widens 13.1 Pct in First Five Months
Morocco >> 6/19/2017 - Morocco's trade deficit widened 13.1 percent to 78.45 billion dirham ($8.03 billion) in the first five months of 2017 compared with a year earlier, driven by increased imports, the foreign exchange re...
Iraq Eyes Economic Stability in Post-IS Era
Iraq >> 6/20/2017 - Iraq is hard at work to achieve economic stability after defeating the so-called Islamic State (IS), visiting Prime Minister Haider Al-Abadi said in Tehran

Speaking at a joint news conferenc...
Kuwait: New Cmes for Issuing Micro-Business Licenses
Kuwait >> 6/20/2017 - Two committees have formed to set up executive mechanisms for issuing micro-business and mobile food trucks licenses, Minister of Trade and Industry Khaled Al-Roudhan said

The statement foll...
Kuwait's Inflation Up 2.7 Pct in May - CSB
Kuwait >> 6/20/2017 - The Consumer Prices Index (CPI) has risen by 2.7 percent in May year-on-year, the Central Statistical Bureau (CSB) said

The index figure for May 2017 recorded an increase of 0.07 percent, c...
Morocco Center bank Keeps Benchmark Rate Unchanged at 2.25 Pct
Morocco >> 6/20/2017 -  Morocco's central bank kept its benchmark interest rate unchanged at 2.25 percent saying the current level remains appropriate.

The bank, known as Bank al-Maghrib, said it expected inflation...
Morocco Central Bank Governor Says No Devaluation in Dirham Liberalization
Morocco >> 6/20/2017 - Morocco's central bank governor said the bank would announce the date of the first phase of the plan to liberalise the dirham currency by the end of the June, but the reform programme does not includ...
Egypt Bourse Gains EGP 3.1bn
Egypt >> 6/20/2017 -  Purchases of Egyptian and foreign investment Funds and institutions drove Egypt's bourse indices up at the close of trading.

The market capital achieved gains worth 3.1 billion pounds, afte...
Qatar's Biggest Bank Seeing Minimal Impact from Standoff
Qatar >> 6/20/2017 - Qatar National Bank QPSC said it expects to meet its earnings targets as the ongoing Saudi-led campaign to isolate the gas-rich Arab state has minimal impact on its operations.

The Middle Eas...
Egypt, UNDP Sign Accord to Set up Development Investment Fund
Egypt >> 6/21/2017 - Egypt will have its first development investment fund established under an agreement with the United Nations Development Program (UNDP).

The accord to set up the fund by a recently-establishe...

Accounting, Statistics Asset Portfolio Management Economics/Financial Analysis Gas Export General Investment Mergers and Acquisitions
For Buyers
Advertise your Purchasing Requests

For Suppliers
Promote your Products
Egypt Zones
Copyright © Universal Solutions All rights reserved. - Privacy Policy.