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Algeria Sees Energy Revenue at $31 Bln by Year-End
Algeria >> 10/11/2017 - Algeria’s earnings from energy exports are expected to reach $31 billion in 2017 against $27.5 billion in 2016 but down from $60.3 billion three years ago, Finance Minister Abderrahmane Raouia said, a...
Qatar National Bank Third-Quarter Profit Rises 5.6 Pct
Qatar >> 10/11/2017 - Qatar National Bank (QNB), the Gulf’s largest lender reported a 5.6 percent increase in third-quarter net profit, topping two analysts’ forecasts, as the bank weathered the impact of a regional diplom...
Dubai Chamber Hosts Luxembourg Crown Prince in Effort to Boost Trade Ties
United Arab Emirates >> 10/11/2017 - The Dubai Chamber of Commerce and Industry hosted a high-level delegation from Luxembourg headed by HRH Crown Prince Guillaume of Luxembourg at its premises today as part of its efforts to strengthen ...
Egypt: Economic Reform Results 'Exceed Expectations'
Egypt: Economic Reform Results 'Exceed Expectations' Egypt >> 10/12/2017 - Central Bank of Egypt Governor Tareq Amer said the economic reform results in Egypt are "strong" and "exceed expectations".

In statements to MENA on Thursday on the sidelines of his participa...
WB Forcasts Egypt’s Budget Deficit to Decline to 8.8% By End of 2017
Egypt >> 10/12/2017 - The World Bank's report titled "MENA Economic Monitor, October 2017" predicted that Egypt's budget deficit to reach 8.8 percent of the GDP in FY 2017/2018, compared to 10.8 percent in FY 2016/2017.
Value of Property Shares on UAE Stock Markets Surges to AED43.8 Billion in 9 Months
United Arab Emirates >> 10/12/2017 - The value of real estate shares traded on UAE stock markets during the first 9 months of 2017 amounted to AED43.8 billion, accounting for 34.6 percent of the total transactions conducted on the countr...
Egypt: Nasr, WB Officials Discuss Support Offered to Sewage, Education, Transport Projects
Egypt: Nasr, WB Officials Discuss Support Offered to Sewage, Education, Transport Projects Egypt >> 10/14/2017 - Investment and International Cooperation Minister Sahar Nasr discussed with World Bank officials support offered by the bank for the second phase of the sewage system project, which is co-funded by t...
Egypt Takes Over Chairmanship of African Group 2018
Egypt >> 10/14/2017 - Egypt's Investment and International Cooperation Minister Sahar Nasr took over the chairmanship of the World Bank's African Group for 2018.

Egypt is to host the meetings of the group next yea...
Egypt's CBE Governor Picked Best Governor in Region
Egypt's CBE Governor Picked Best Governor in Region Egypt >> 10/15/2017 - Central Bank of Egypt (CBE) Governor Tarek Amer has been granted the award of best governor in the Middle East and North Africa from Global Markets, a paper of record of the annual meetings of the Wor...
Egypt: Nasr Discusses Education, Transportation and Sanitation Support with WB Officials
Egypt: Nasr Discusses Education, Transportation and Sanitation Support with WB Officials Egypt >> 10/15/2017 - Minister of Investment and International Cooperation, Sahar Nasr, met with the World Bank Vice-President for the Middle East, Hafez Ghanem and the WB Vice-President for Equitable Growth, Jan Walliser....
BADEA, BSIC Sign Cooperation Agreement to Finance Foreign Trade
United Arab Emirates >> 10/15/2017 - The Arab Bank for Economic Development in Africa, BADEA, and the Sahel-Sahara Bank for Investment and Commerce, BSIC, have signed an agreement on a Line of Credit of US$15 million, as part of BADEA’s ...
Egypt: IDB Plans Three-Bn-Dollar Strategy for Egypt
Egypt >> 10/15/2017 - The Islamic Development Bank (IDB) plans a new strategy for cooperation with Egypt worth $3 billion to cover the period from 2018 to 2020, the group's President Dr. Bandar Hajjar was quoted by the Inv...
Egypt: Dollar Exchange Rate Stable at Major Banks in Egypt
Egypt >> 10/15/2017 - The US dollar exchange rate was relatively stable during morning transactions at major banks .

The dollar exchange rate recorded EGP 17.60 for buying and EGP 17.70 for selling at the National...
Saudi: Justice Minister Inaugurates Commercial Courts to Boost Investment Environment in Kingdom
Saudi Arabia >> 10/16/2017 - Sheikh Dr. Walid bin Muhammad Al-Sama’ani, Minister of Justice and Chairman of the Supreme Judicial Council, officially launched commercial courts Sunday, after they had started operating Muharram 1 o...
Egypt: Italian Amb. Supply Min. Discuss Fostering Mutual Ties
Egypt >> 10/16/2017 - Italian Ambassador to Egypt Giampaolo Cantini said that he met Supply and Internal Trade Minister Ali al Moselhi to discuss means of fostering trade and investment relations.

During a meeti...
Egypt, France Discuss Bilateral Cooperation in Railway Field
Egypt >> 10/16/2017 - Transport Minister Hisham Arafat discussed with French Ambassador in Cairo Stephane Roumtier and President of the French Railways (SNCF) Guillaume Pepy promoting bilateral cooperation in the transport...
Egypt, WB Discuss 3rd Batch of 3-Bn-Dollar Loan
Egypt, WB Discuss 3rd Batch of 3-Bn-Dollar Loan Egypt >> 10/17/2017 - Minister of Investment and International Cooperation Sahar Nasr discussed with World Bank Chief Executive Officer Kristalina Georgieva accelerating measures to sign the third batch of a WB loan to Eg...
Egypt: Busy IPO Season Beckons For Cairo As Reforms Yield Results
Egypt >> 10/17/2017 - Egypt's stock market is shaping up to be the Middle East's hot spot for initial public offerings next year .

Share trading has almost doubled, averaging 1.1 billion pounds a day in the 12 mon...
UAE: Promotional Tour to Promote Economic Cooperation between the UAE and Japan.
United Arab Emirates >> 10/17/2017 - Ministry of Economy and UAE Embassy in Tokyo hold promotional tour to promote economic cooperation between the UAE and Japan.

Round one of a tour promoting investment in the UAE has kicked of...
UAE Ambassador and Sudanese Deputy Prime Minister Meet to Discuss Investment Relations.
United Arab Emirates >> 10/17/2017 - The UAE Ambassador to Sudan, Hamad Al Junaibi, and Sudanese Deputy Prime Minister and Minister of Investment, Mubarak Al Mahdi, have met to discuss a number of common issues between the two countries ...

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