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DUBAI: Investor Awareness, Improved Regulatory Environment Necessary for GCC Reits to Flourish
United Arab Emirates >> 6/21/2017 -  Investor sentiment and lack of understanding, along with a weak regulatory environment, are the biggest challenges for the growth of REITs (real estate investment trusts) in the Middle East, accordin...
Egypt Minister Says Submitted Draft of Investment Law Regulations to Cabinet
Egypt Minister Says Submitted Draft of Investment Law Regulations to Cabinet Egypt >> 6/21/2017 - Egypt's investment ministry has submitted the draft of investment law executive regulations to the cabinet, Investment Minister Sahar Nasr told

Nasr also said Egypt has received $6.8 billion...
Egypt 2017/18 Budget to Include EGP 75 Bln for Social Safety Package
Egypt 2017/18 Budget to Include EGP 75 Bln for Social Safety Package Egypt >> 6/21/2017 - Egypt's 2017/18 budget starting July is set to include a social safety package of EGP 75 billion in light of the president's orders for the implementation of several measures to ease economic burdens ...
Egypt: Minister Signs Agreement Establishing First Development Investment Support Fund
Egypt: Minister Signs Agreement Establishing First Development Investment Support Fund Egypt >> 6/21/2017 - International Cooperation Minister Sahar Nasr signed an agreement with Randa abul Hassan, country director of the United Nations Development Program, to establish the first Development Investment Sup...
Morocco's Inflation in May 0.3 Pct, Unchanged From April
Morocco >> 6/22/2017 - Morocco's inflation in May was 0.3 percent, unchanged from a month earlier, the planning agency said
Egypt: Finance Ministry to Auction EGP 371B T-Bills, T-Bonds in Q1 of FY 2017/2018
Egypt >> 6/22/2017 - The Ministry of Finance said it would auction treasury bills and bonds worth EGP 371 billion during the first quarter of the 2017/2018 fiscal year (July-September).

In statement, the ministr...
Dubai: DFM welcomes listing of Orient UNB Takaful
United Arab Emirates >> 6/22/2017 -  Dubai Financial Market, DFM, welcomed listing of shares of Orient UNB Takaful under the trading symbol OUTFL, which appears on DFM screens, trading system and publications within the Insurance Secto...
Morocco GDP Rises 4.8 Percent Yr/Yr in Q2, Forecast to Slow 4.1 Percent in Q3
Morocco >> 7/2/2017 - Morocco's economy grew 4.8 percent year-on-year in the second quarter, the country's planning agency said, pushed largely by a 17.4 percent recovery in agricultural output helped by heavy rainfall aft...
Egypt Attracted $9.8 Bln Foreign Investment in Debt Instruments in 2016-2017
Egypt >> 7/2/2017 - Egypt attracted $9.8 billion of foreign investment in domestic debt instruments in the 2016-2017 fiscal year compared to $1.1 billion the previous year, Deputy Finance Minister Ahmed Kojak said
Sherif Ismail: Government Takes Right Decisions Just For Sake of State, Citizens
Sherif Ismail: Government Takes Right Decisions Just For Sake of State, Citizens Egypt >> 7/2/2017 - Prime Minister Sherif Ismail said the government is taking right decisions for the benefit of the State and the citizens.

At a meeting with the ministers of housing, social solidarity, milit...
Dubai: The Ministry of Human Resources and Emiratisation, Has Signed a Memorandum of Understanding
United Arab Emirates >> 7/3/2017 - The Ministry of Human Resources and Emiratisation, has signed a Memorandum of Understanding, MoU, with Expo 2020 Dubai Bureau, to promote co-operation and exchange information on inspections, health a...
Qatar: Mideast Stocks May Stabilise After Diplomatic Deadline Extended
Qatar >> 7/3/2017 - Qatar's stock market may stabilise or even recover some of its heavy losses of the previous day after the deadline to comply with a set of demands by four Arab states was extended by two days

...
Kuwait Bourse Ends In Red
Kuwait >> 7/3/2017 - Trading at Kuwait Bourse ended in the red zone with the benchmark down by 47.3 points to settle at 6,565.22 points.

The weighted index went down by 3.1 points to stand at 395.81 points.
...
Egypt: Fuel Price Hike to Add 3-4.5 Percentage Points to Egypt's Inflation
Egypt >> 7/3/2017 - Egypt's inflation rate, which was around 30 percent in May, will rise by between 3 and 4.5 percentage points following last week's fuel price hike, Deputy Finance Minister Ahmed Kojak

Egypt ...
Egypt Minister Says Submitted Draft of Investment Law Regulations to Cabinet
Egypt Minister Says Submitted Draft of Investment Law Regulations to Cabinet Egypt >> 7/3/2017 -  Egypt's investment ministry has submitted the draft of investment law executive regulations to the cabinet, Investment Minister Sahar Nasr told

Nasr also said Egypt has received $6.5 billio...
Egypt: Central Bank of Egypt Considers Additional Hikes in Key Interest Rates
Egypt: Central Bank of Egypt Considers Additional Hikes in Key Interest Rates Egypt >> 7/3/2017 - The government is considering a new hike in key deposit and lending rates; the issue will be discussed by the Monetary Policy Committee of the Central Bank of Egypt (CBE)

The move would be t...
Egyptian Public Sector's ENPPI to Be Listed in Stock Exchange
Egyptian Public Sector's ENPPI to Be Listed in Stock Exchange Egypt >> 7/4/2017 - The Egyptian government will start to list state-owned and public sector companies in the stock exchange -- beginning with the Engineering for the Petroleum and Process Industries company (ENPPI) -- w...
Meetings of Egyptian-Hungarian Business Council Kick Off
Egypt >> 7/4/2017 - Egyptian and Hungarian businessmen are taking part in the meetings that mull investment opportunities available in Egypt, especially in light of the major national projects launched by the country.
Tarek Qabil: Sisi's Visit to Hungary Promotes Egyptian Economic Ties with Eastern European States
Tarek Qabil: Sisi's Visit to Hungary Promotes Egyptian Economic Ties with Eastern European States Egypt >> 7/4/2017 - Egyptian Trade Minister Tareq Qabil deemed President Abdel Fattah El Sisi's current visit to Hungary as a major stride in promoting Egypt's economic and trade ties with Eastern European countries.
...
Kuwait: ISDB Launches USD 500 Mln-Fund for Science, Technology, Innovation
Kuwait >> 7/4/2017 - The Islamic Development Bank (IsDB) has launched a USD 500 million fund for science, technology and innovation

The IsDB board members approved the establishment of the fund in their meeting ...

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