Egypt Zones accountACCOUNT

Financials and Investment News

Egypt Budget Deficit Down To 4.2 Percent Of GDP In 1H 2017/18: Planning Ministry
Afghanistan >> 3/19/2018 - Egypt’s budget deficit decreased to 4.2 percent of GDP in the first half of fiscal year 2017/18, down from 5 percent in the first half of fiscal year 2016/17, the Ministry of Planning announced in a ...
Egypt govt approves 2018-19 state budget, aiming at 5.8% GDP growth
Egypt govt approves 2018-19 state budget, aiming at 5.8% GDP growth Egypt >> 3/19/2018 - The Egyptian government has approved the budget for fiscal year 2018-19, aiming at GDP growth of 5.8 percent, Prime Minister Sherif Ismail said according to a cabinet statement.

The new budg...
Egypt's Reign As Darling of Emerging Market Debt Could Be Ending
Egypt >> 3/19/2018 - Egypt is losing ground as a top haven for emerging market debt investors, and interest rate cuts could make its short-term treasuries less attractive to foreign buyers in coming months, a report by CI...
Egyptian Minister of Trade and Industry Gives Speech at 10th UFM Trade Ministerial Meeting
Egyptian Minister of Trade and Industry Gives Speech at 10th UFM Trade Ministerial Meeting Egypt >> 3/19/2018 -  Minister of Trade and Industry Tarek Kabil headed to Belgium to participate in the 10th UfM Trade Ministerial Meeting, held in Brussels on March 19, gathering the 43 trade ministers of the Union for ...
H.H. Sheikh Abdullah Bin Zayed Meets UAE Investors Delegation In Cairo.
United Arab Emirates >> 3/19/2018 - H.H. Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs and International Cooperation, has met with the UAE investors delegation participating in the UAE-Egypt Economic Committee’s meeti...
Egypt to Offer Shares in 4-6 State Firms, Raising Up to $850 Mln This Year
Egypt to Offer Shares in 4-6 State Firms, Raising Up to $850 Mln This Year Egypt >> 3/19/2018 - Egypt will float shares in four to six state companies this year, with the aim of raising EGP 12-15 billion ($680-$850 million), Minister of Finance Amr El-Garhy told Reuters .

Shares in stat...
Egypt's Prime Minister Breaks Ground On New Capital’s $3 Billion Business District
Egypt >> 3/19/2018 - Prime Minister Sherif Ismail broke ground Sunday on the new administrative capital’s central business district, set to be built with $3 billion investments, according to a statement from the cabinet.<...
Lebanon: Budget Approval Boosts Confidence, Cedar Conference to Improve Growth
Lebanon >> 3/20/2018 - The government's keenness to approve the budget for 2018 will contribute to boosting confidence, which is in line with the World Bank's recommendations to reduce the deficit," said governor of the Cen...
Algiers: Trade Deficit Down by 96% in January, February 2018
Algeria >> 3/20/2018 - Algeria’s trade deficit reached USD97million in the first two months of 2018 against USD2.33 billion in the same period in 2017, down by USD2.23 billion (96%), said the Algerian Customs.

Exp...
Egypt Trade Minister To Attend AU Summit To Launch African Continental Free Trade Area
Egypt Trade Minister To Attend AU Summit To Launch African Continental Free Trade Area Egypt >> 3/20/2018 - Egypt's Trade and Industry Minister Tarek Kabil will participate in an extraordinary African Union Summit in Rwanda’s capital Kigali to sign the African Continental Free Trade Area (CFTA) including 55...
Mashreq Bank Drives Innovation With Alipay Payment Partnership
United Arab Emirates >> 3/20/2018 - Mashreq Bank today announced its partnership with Alipay, an online and mobile payment platform operated by Ant Financial Services Group.

The first-of-its-kind association with Alipay, enabl...
Dubai Investments, Investors to Launch Arkan Bank
United Arab Emirates >> 3/20/2018 - Dubai Investments has announced plans to lead a consortium of investors to launch Arkan Bank, a wholesale Islamic financial institution with an initial paid-up capital of US$100 million. The authorise...
Egypt, Japan Discuss Ties, Cooperation
Egypt >> 3/20/2018 - Assistant Foreign Minister for African Affairs Hamdy Sanad Loza met with Japanese Parliamentary Vice-Minister for Foreign Minister Manabu Horii.

They discussed ways to promote cooperation at...
Bahrain Attends Innovate Finance Global Summit 2018
Bahrain >> 3/20/2018 - The Bahrain Economic Development Board (EDB) participated in the Innovate Finance Global Summit in London, UK.

A senior delegation is at the summit on March 19-20 to showcase investment oppor...
His Highness the Amir Attends, Patronizes Kuwait Investment Forum
Kuwait >> 3/20/2018 - His Highness the Amir Sheikh Sabah Al-Ahmad Al-Jaber Al-Sabah attended and patronized Tuesday the second Kuwait Investment Forum, which is held at Al-Tahrir Hall in Bayan Palace. His Highness the Amir...
Bahrain Bourse Daily Trading Performance
Bahrain >> 3/20/2018 - Bahrain All Share Index has closed at 1,336.43 points marking a decrease of 4.62 points below the previous closing .

This decrease was due to the fall in the Commercial Banks Sector and Inves...
Bahrain Attends Innovate Finance Global Summit 2018
Bahrain >> 3/20/2018 - The Bahrain Economic Development Board (EDB) participated in the Innovate Finance Global Summit in London, UK.

A senior delegation is at the summit on March 19-20 to showcase investment oppor...
Stronger Non-Oil Growth Drives UAE GDP To 1.5 Percent
United Arab Emirates >> 3/21/2018 - The UAE’s economy expanded by 1.5% in 2017, driven by a 2.9% growth in the non-oil sector, according to the UAE Central Bank annual report released .

The non-hydrocarbon sector’s resiliency w...
Etisalat Approves Full-Year 2017 Dividends Of 80 Fils Per Share
United Arab Emirates >> 3/21/2018 -  Etisalat’s annual general meeting has backed the board’s recommendation to pay full-year 2017 dividends of 80 fils per share and approved the board proposed Buy-back program of 5% of the company’s pa...
UAE Stocks Gain AED5 Billion
United Arab Emirates >> 3/21/2018 - Driven by the newly announced strategic partnership between Aldar and Emaar, the largest property companies on the local market, the UAE stocks posted AED5 billion gains following the session.

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.