Egypt Zones accountACCOUNT

Financials and Investment News

Abu Dhabi: FTA Calls on Businesses to Benefit from Registration Penalties Waiver
United Arab Emirates >> 3/5/2018 - The Federal Tax Authority, FTA, has urged businesses to benefit from the registration penalties waiver until 30th April, clarifying that the decision only covers late registration penalties and that t...
UAE Central Bank Announces M1 Increase to AED498 Billion
United Arab Emirates >> 3/6/2018 - The UAE Central Bank has announced that the Money Supply aggregate M1 increased by 1.1%, from AED492.4 billion at the end of December 2017 to AED498 billion at the end of January 2018.

In a s...
Gulf Navigation Increases its Capital Via Trading Rights Issue
United Arab Emirates >> 3/6/2018 - During its meeting held , the Board of Directors of the Gulf Navigation Holding (PJSC) approved the trading of the rights issued last February to the company’s existing shareholders, without publicly ...
Global Dubai Tea Forum to Discuss Industry Opportunities and Challenges
United Arab Emirates >> 3/6/2018 -  DMCC, the world’s leading Free Zone for commodities trade and enterprise, announced the 7th edition of its biennial two-day Global Dubai Tea Forum on 25-26 April 2018, under the theme of "Brewing th...
Dollar Rate Set at 17.5 Egyptian Pounds in Egypt Budget
Egypt >> 3/6/2018 - Egypt's 2018-19 government budget will assume an exchange rate of 17.5 Egyptian pounds per dollar, three government sources said .
The rate the sources cited would represent a slight strengt...
Agreement on Setting up Wind Farm in Gabal el Zayt Signed
Agreement on Setting up Wind Farm in Gabal el Zayt Signed Egypt >> 3/6/2018 - Prime Minister Sherif Ismail attended the signing ceremony of an agreement on setting up a wind farm in Gabal el Zayt area in the Gulf of Suez region.

The agreement is signed by the Egyptian ...
Tarek Qabil Probes with Saudi Minister Trade, Investment Relations
Tarek  Qabil Probes with Saudi Minister Trade, Investment Relations Egypt >> 3/6/2018 - Minister of Trade and Industry Tarek Qabil has asserted that Egypt and Saudi Arabia are bound by strategic ties based on deep-rooted economic, political and social relations.

In a meeting wi...
Sherif Ismail Finance Ministry Officials Meet to Discuss New Budget
Sherif Ismail Finance Ministry Officials Meet to Discuss New Budget Egypt >> 3/6/2018 - Prime Minister Sherif Ismail discussed economic indicators for the current fiscal year and the new budget for the 2018/2019 fiscal year with Finance Minister Amr al-Garhy, Deputy Finance Minister for ...
Egypt's Ministry of Finance Dismisses Reports of Exchange Rate EGP 17.5 To 1 USD
Egypt's Ministry of Finance Dismisses Reports of Exchange Rate EGP 17.5 To 1 USD Egypt >> 3/6/2018 - Sources at the Egyptian Ministry of Finance denied that the government has fixed the exchange rate for EGP to USD in the country’s fiscal year 2018/2019 budget.

Reuters previously quoted thre...
Egypt Parliament Discusses Crisis of National Cement Company
Egypt >> 3/6/2018 - Egypt's House of Representatives discussed ways to alleviate the crisis at the state-owned National Cement Company, as a worker sit-in entered its seventh day.

At least 2,000 workers in the c...
Tarek Kabil Opens SIA 2018 in Cairo
 Tarek Kabil Opens SIA 2018 in Cairo Egypt >> 3/6/2018 - Egypt has made much headway in pursuing sustainable development. Minister of Trade and Industry Tarek Kabil inaugurated the Sustainable Industrial Areas conference "SIA 2018," held for the first tim...
Egypt Hits Record High Abu Dhabi Down
Egypt >> 3/6/2018 - Gulf stocks were mixed , with the Saudi market up on steady oil prices and Abu Dhabi dragged down by First Abu Dhabi Bank’s stock going ex-dividend.

Outside of the Gulf, Egypt’s index continu...
Abu Dhabi Global Market Introduces Remote Membership to its Capital Market Regime
United Arab Emirates >> 3/6/2018 - The Financial Services Regulatory Authority (FSRA) of the Abu Dhabi Global Market (ADGM) has announced the implementation of enhancements to its Capital Market regime by introducing a Remote Membershi...
Senegal's National Assembly President receives H.H. Sheikh- Abdullah bin Zayedf
United Arab Emirates >> 3/6/2018 - Moustapha Niasse, President of Senegal's National Assembly, received on Monday, H.H. Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs and International Cooperation, and his accompanyin...
UAE and Senegalese Foreign Ministers discuss cooperation
United Arab Emirates >> 3/6/2018 - H.H. Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs and International Cooperation, met with Sidiki Kaba, Minister of Foreign Affairs of Senegal, at the Senegalese Foreign Ministry i...
EGX gains EGP 8.1 bn During Morning Trading
EGX gains EGP 8.1 bn During Morning Trading Egypt >> 3/6/2018 - The Egyptian Exchange (EGX) indexes posted collective gains at the beginning of trading, supported by Arab and foreign institutions and investment funds' purchases.

The market capital gained ...
Bahrain Bourse Daily Trading Performance
Bahrain >> 3/6/2018 -  Bahrain All Share Index has closed at 1,374.77 points marking an increase of 0.18 points above the previous closing . This increase was due to the rise in the Commercial Banks Sector and Ser...
The Dubai Chamber Hosted a Seminar at its Premises Which Aimed to Enhance Local Businesses
United Arab Emirates >> 3/6/2018 - The Dubai Chamber of Commerce and Industry recently hosted a seminar at its premises which aimed to enhance local businesses’ understanding of the key advantages and process associated with using lett...
Egypt Govt to Raise Dollar Price in New Budget
Egypt Govt to Raise Dollar Price in New Budget Egypt >> 3/7/2018 - Three government sources anonymously told that the Egyptian government will increase the US dollar exchange rate in the new state budget for the 2018/2019 fiscal year, with the price of the US dollar ...
Egypt Receives Last $1.15 Billion from World Bank Series of Loans to Support Economic Reform
Egypt Receives Last $1.15 Billion from World Bank Series of Loans to Support Economic Reform Egypt >> 3/7/2018 - Egypt received the third loan worth $1.15 billion from the World Bank, the last in the series of the "Fiscal Consolidation, Sustainable Energy, and Competitiveness Development Policy Financing loans”...

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.