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Dubai Chamber Members' Exports, Re-Exports Grow 6.1 Percent to AED 146.7 Billion in H1
United Arab Emirates >> 7/23/2017 - The Dubai Chamber members' exports and re-exports surged to AED146.7 billion during H1 2017, a growth of 6.1 percent from AED138.3 billion in the corresponding period last year, with the chamber's tot...
Gulf to Consolidate, Some Saudi Earnings Weak; Dubai Charts Positive
United Arab Emirates >> 7/24/2017 - Gulf stock markets look set to consolidate because of a lack of fresh, positive factors while a couple of weak earnings in Saudi Arabia may cap that market.

Dubai's index remains short-term ...
ABU DHABI: National Petroleum Construction Company Ranked 5th in MENA
United Arab Emirates >> 7/24/2017 -  NPCC, a member company of SENAAT – Abu Dhabi, one of the UAE’s largest industrial investment holding companies, is ranked 5th in the annual list of Top 30 Engineering, Procurement and Construction, E...
Egypt: Presidential Decree Establishing Golden Triangle Economic Zone
Egypt: Presidential Decree Establishing Golden Triangle Economic Zone Egypt >> 7/25/2017 - President Abdel Fattah El Sisi issued a presidential decree establishing the Golden Triangle Economic Zone.

Published in the official gazette under number 341/2017, the decree considered the ...
Kuwait Seeks Energy Venture with Traders from Glencore to Vitol
Kuwait >> 7/25/2017 - OPEC member Kuwait plans to start trading energy and not just producing it, joining other Middle Eastern producers eager to claw back some of the profit traders like Vitol Group and Glencore Plc earn ...
Egypt's Foreign Reserves Nearing $35 Bin: President El-Sisi
Egypt's Foreign Reserves Nearing $35 Bin: President El-Sisi Egypt >> 7/25/2017 - Egypt’s foreign reserves are now close to $35 billion, President Abdel Fattah El-Sisi announced during a question-and-answer forum at the Fourth National Youth conference in Alexandria

. “I a...
Egyptian Economy Predicted Among 30 Largest Economies by 2030, Minister of Trade
Egypt >> 7/25/2017 - National Youth Conference, that the strategy to consolidate industrial development and foreign trade had achieved unprecedented rates, within the current stage.

Egypt’s 2030 project, the Sust...
Abu Dhabi Trade in Pearl, Gemstones, Precious Metals Surges to AED4.9 Billion in 4 Months
United Arab Emirates >> 7/25/2017 - Abu Dhabi's trade in pearl, gemstones and precious metals surged to AED4.9 billion during the first four months of the year, posting an impressive growth of 25.6 percent over the corresponding period ...
DUBAI: UAE, Japan Discuss Stronger Economic and Trade Relations
United Arab Emirates >> 7/25/2017 - Abdullah Al Saleh, the Ministry of Economy’s Under-Secretary for Foreign Trade and Industry, discussed various means of developing economic and trade co-operation with Japan during a meeting with Yasu...
Egypt Eyes $30 Billion Investments in Sczone
Egypt Eyes $30 Billion Investments in Sczone Egypt >> 7/26/2017 - Minister of International Cooperation Sahar Nasr said that Egypt aims to attract investments of about $30 billion in the Suez Canal Economic Zone (SCZone) over the next five years.

During the...
Egypt: Social Solidarity Ministry to Provide Citizens with Disabilities Financial Support
Egypt >> 7/26/2017 - For the first time in Egypt, monetary support will be provided to people with disabilities, said Social Solidarity Minister Ghada Wali during the second day of the 4th Youth Conference, held in Alexan...
Libya: Al Baraka Banking Group Signs MOU with Libyan Foreign Bank
Libya >> 7/26/2017 - Co and libyan foreign bank sign a memorandum of understanding to enhance their banking relations in all fields.

Mou aims to establish a close cooperation framework through which two parties ...
Abu Dhabi: AED26.9 Billion of Foreign Investments In ADX In H1
United Arab Emirates >> 7/26/2017 - The total trading value of foreign investments in Abu Dhabi Securities Exchange hit AED26.9 billion during H1, 2017, accounting for 47.3 percent of ADX total trading during the same period, which amou...
Kuwait Bourse Ends Trading on Mix Board
Kuwait >> 7/26/2017 - Boursa Kuwait, formerly known as Kuwait Stock Exchange (KSE), ended trading with the benchmark going up by 13.23 points to 6,845.76 points.

The Weighted Index rose by 0.57 points to stand at...
UAE, Japan Discuss Stronger Economic and Trade Relations
United Arab Emirates >> 7/26/2017 - Abdullah Al Saleh, the Ministry of Economy’s Under-Secretary for Foreign Trade and Industry, discussed various means of developing economic and trade co-operation with Japan during a meeting with Yasu...
Egypt: Investment Minister Heads for Amman to Take Part in Joint Egyptian-Jordanian Committee
Egypt: Investment Minister Heads for Amman to Take Part in Joint Egyptian-Jordanian Committee Egypt >> 7/26/2017 - Minister of Investment and International Cooperation Sahar Nasr left here on for Amman to take part in the 27th session of the joint Egyptian-Jordanian Ministerial Committee that will kick off later i...
Abu Dhabi: Etisalat Q2 Net Profit Up 6 Pct, Subscriber Base Up 2 Pct
United Arab Emirates >> 7/26/2017 - United Arab Emirates-based telecoms operator Etisalat said it posted a 6 percent increase in second-quarter profit from a year earlier.

Etisalat, which recently pulled out of Nigeria, made a ...
Egypt, Jordan Discuss Boosting Investment Ties
Egypt, Jordan Discuss Boosting Investment Ties Egypt >> 7/27/2017 - Investment and International Cooperation Minister Sahar Nasr had a meeting with Jordanian Minister of State for Investment Affair Muhannad Shehadeh.

They agreed to form an Egyptian-Jordanian ...
Kuwait: Federal Reserve Keeps Key Interest Rate Unchanged
Kuwait >> 7/27/2017 - The U.S. Federal Reserve kept ts key interest rate unchanged, indicating that the labor market has continued to "strengthen" and that economic activity has been "rising moderately" this year so far.
UAE and Cambodia Sign Investment Agreement.
United Arab Emirates >> 7/27/2017 - The UAE and Cambodia signed an agreement to protect and encourage bilateral investment between the two countries.

The agreement was signed by Saif Abdullah Al Shamsi, the non-resident ambass...

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