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Dubai FDI Builds on Growing Ties to Woo Investors from India
United Arab Emirates >> 5/5/2018 - Dubai Investment Development Agency (Dubai FDI), an agency of the Department of Economic Development (DED), recently went on a tour of three Indian cities as part of attracting investors and businesse...
2018 A Turning Point in Makkah Region: Minister Of Transport
Saudi Arabia >> 5/6/2018 - The sessions of the Makkah Region Economic Forum started . It is being held under the title “From Vision to Accomplishment...Invest in Makkah” under the patronage of Prince Khaled Al-Faisal, emir of M...
Saudi Banks’ Net Profit Grows 8.7% in 2017: KPMG
Saudi Arabia >> 5/6/2018 -  The Saudi banking sector maintained a year-on-year growth in 2017 with 8.7 percent increase in net profit and 0.4 percent rise in total assets, KPMG’s said in its recently released version of the GCC...
IMF:Saudi Arabia’s Economy Seen To Grow To 1.7% in 2018
Saudi Arabia >> 5/6/2018 -  Following the rise in crude oil prices, IMF has marginally raised Saudi Arabia’s 2018 economic growth forecast to 1.7% (previous: 1.6%).

This is expected to further accelerate to 1.9% in 20...
Abu Dhabi’s Delegation Holds Coordination Meetings With Japanese Investors.
United Arab Emirates >> 5/6/2018 - An Abu Dhabi delegation to Tokyo, headed by Abu Dhabi Investment Office of the Department of Economic Development (DED), held a coordination meeting in Tokyo.

The delegation conducted a ser...
Egypt's State Banks To Start Releasing High-Yield Deposit Certificates Issued In 2016
Egypt >> 5/6/2018 - Egypt's state banks said they will start releasing this month the funds of clients who invested in high-yield certificates of deposit (CDs) offered when the central bank floated the currency in late 2...
Egypt Minister of Trade and Industry Issues Decree Regulating Plastic, Rubber Scrap Imports
Egypt Minister of Trade and Industry Issues Decree Regulating Plastic, Rubber Scrap Imports Egypt >> 5/6/2018 - The move aims to regulate the import of these materials in order to meet the needs of the local market.

Minister of Trade and Industry Tarek Kabil issued a new decree introducing new regulati...
UAE, Lithuania Promoting Economic Cooperation
United Arab Emirates >> 5/6/2018 - - Prospects of promoting bilateral relations between the two countries were the underlying topic of discussion of the meeting Sultan bin Saeed Al Mansouri, Minister of Economy, had today with his Lith...
Bahrain Bourse Daily Trading Performance
Bahrain >> 5/6/2018 - Bahrain All Share Index has closed at 1,275.79 points marking an increase of 12.30 points above the previous closing .

This increase was due to the rise in the Commercial Banks Sector, Invest...
INJAZ, Canadian Embassy Launch Women Economic Support Project
Jordan >> 5/6/2018 - a youth-centered non-profit organization, in partnership with the Canadian Embassy in Amman, the Canadian Office of International Education and the Ryerson University, Canada, launched on Sunday a Can...
The project will include three production lines for manufacturing paper products
Saudi Arabia >> 5/6/2018 - Head of the Industrial Development Authority (IDA) Ahmed Abdel Razek said that a Saudi company has decided to establish a paper production factory worth EGP500 million in Alexandria. The proj...
IMF Hails Egypt's Success in Coping With Economic Challenges
Egypt >> 5/6/2018 - International Monetary Fund (IMF) First Deputy Managing Director David Lipton 5/5/2018 hailed Egypt's success in coping with the economic challenges facing the country.

"The country had face...
Prince Khalid Al-Faisal Patronizes Launch Of Makkah Region Economic Forum
Saudi Arabia >> 5/6/2018 - Prince Khalid Al Faisal Bin Abdulaziz, Advisor to the Custodian of the Two Holy Mosques and Governor of Makkah Region, patronized the activities of the Makkah Region Economic Forum on Sunday evening.<...
Bahrain: Assistant Undersecretary of Domestic Trade Meets a Number of Food Traders
Bahrain >> 5/6/2018 - Assistant undersecretary of Domestic Trade Mr. Hameed Rahma met food traders in order to review market’s readiness shops for the Holy month of Ramadan, and to ensure the availability of goods and in a...
Economic Policy Council Discuss Economic, Tax Reforms
Jordan >> 5/6/2018 - Prime Minister Hani Mulki, chaired a meeting of the Economic Policy Council to discuss economic and tax-related policies, especially economic and financial objectives of a draft income tax law.
Lithuanian President Hails Relations With UAE
United Arab Emirates >> 5/6/2018 -  President of Lithuania Dalia Grybauskait? has stated that the UAE and Lithuania share a forward-thinking vision towards the importance of innovation in creating a brighter future for their peoples, u...
Economy Steadily Grows; Inflation to Be Under Control
Economy Steadily Grows; Inflation to Be Under Control Egypt >> 5/6/2018 - The Egyptian economy is steadily maintaining its growth momentum, as the country targets achieving sustainable growth rates of 6-7 per cent, Minister of Finance Amr el Garhi said .

Addressing...
Egypt: Preparing For the Sovereign Wealth Fund
Egypt >> 5/7/2018 - Egypt’s government is making preparations for the establishment of the EGP 200 billion sovereign wealth fund which was announced in April, with the hope that the legislation governing and regulating t...
Sahar Nasr: Parliament Approval of Public Transport Bill Propels Competitiveness
Sahar Nasr: Parliament Approval of Public Transport Bill Propels Competitiveness Egypt >> 5/7/2018 -  Minister of Investment and International Cooperation Sahar Nasr asserted that the parliament approval of the bill regulating the use of smart buses in public transport will propel competitiveness amo...
Suez Canal Authority and Dubai Ports Sign Mou to Develop Egypt's First Dry Port
Egypt >> 5/7/2018 - The head of Egypt’s Suez Canal Authority (SCA) Mohab Mamish announced the signing of a memorandum of understanding in Dubai with Dubai Ports (DP) and the Holding Company for Maritime & Land Transport...

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