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National Security, Price Control, Economic Development Are Top Priorities for Egypt's New Cabinet
Egypt >> 6/21/2018 - Egypt's newly sworn-in Cabinet is adamant to continue reforms, development programmes, and national projects, Prime Minister Mostafa Madbouly said at the Cabinet’s first meeting according to a Cabinet...
Egypt Continues Economic Reforms with Cuts to Fuel Subsidies
Egypt >> 6/22/2018 - Despite social and other challenges, the government is pressing ahead with its economic reform programme Whoever said that the fasting month of Ramadan and the Eid are quiet was quite mistaken. This ...
Gold Prices Go Down In Trading
Egypt >> 6/22/2018 - Gold prices went down at the end of trading to register EGP 642 for one gram of 21 carat gold, EGP 550 for each gram of 18 carat gold and EGP 733 for each gram of 24 carat gold.

Decline in t...
Egypt to Export Citrus, Grapes to Uruguay
Egypt >> 6/22/2018 - Egypt has opened two markets for the country’s agricultural exports of citrus and grapes in Uruguay, Minister of Agriculture and Land Reclamation Ezz el Din Abu Steit announced.

The process ...
Egyptian Ambassador, Japan's Toyota Officials Discuss Beefing Up Production in Egyptian Market
Egypt >> 6/22/2018 - Egyptian Ambassador to Japan Ayman Kamel paid a visit to Japan's Toyota Motor Corporation factory and headquarters, where he had talks with the company's senior officials on increasing Toyota cars man...
Central Bank of Egypt, MCIT to Develop Financial Inclusion Plan
Central Bank of Egypt, MCIT to Develop Financial Inclusion Plan Egypt >> 6/23/2018 - Governor of the Central Bank of Egypt (CBE) Tarek Amer said an agreement has been reached with the Ministry of Communications and Information Technology (MCIT) to develop an integrated plan aimed at a...
Egypt Agriculture Minister. Inspects Livestock Production Projects in Qalyubia
Egypt >> 6/23/2018 - Agriculture and Land Reclamation Minister Ezz el Din Abu Steit will inspect a number of plant, livestock and fish production projects in Qalyubia governorate, said Qalyubia Governor Mahmoud Ashmawy i...
Dubai Properties Projects Draw Interest From High Net-Worth Chinese Investors
United Arab Emirates >> 6/23/2018 - Dubai Properties, a member of Dubai Holding, is drawing high interest for its upscale projects from investors and potential buyers in China as part of its participation at Luxury Property Showcase (LP...
UAE, US Discuss Stronger Economic Cooperation
United Arab Emirates >> 6/23/2018 - Sultan bin Saeed Al Mansouri, Minister of Economy, and U.S Commerce Secretary, Wilbur Ross, have discussed ways to enhance cooperation in the economic and trade fields between the two countries.
Algeria’s Forex Reserves fell by $7.3 Billion in Jan-May
Algeria >> 6/23/2018 - Algeria’s foreign exchange reserves fell by $7.3 billion in the first five months of this year and are expected to decline by $5 billion from now until the end of the year, Prime Minister Ahmed Ouyahi...
Pakistani FM Meets UAE Ambassador.
United Arab Emirates >> 6/24/2018 - Abdullah Hussain Haroon, Pakistani Minister of Foreign Affairs in the caretaker cabinet, has met with the UAE Ambassador to Pakistan, Hamad Obaid Ibrahim Salem Al-Zaabi, in Islamabad.

The Pak...
Oxford Business Group Issues Report On Sharjah’s Economic Diversification
Saudi Arabia >> 6/24/2018 -  The 2018 Oxford Business Group, OBG, report for Sharjah shows that the emirate’s policy of diversification and its success in attracting foreign direct investment is driving the economy towards new h...
Bahrain Bourse Daily Trading Performance
Bahrain >> 6/24/2018 - Bahrain All Share Index has closed at 1,306.75points marking a decrease of 2.74 points below the previous closing.

This decrease was due to the fall in the Commercial Banks Sector and Service...
Remittances From Egypt Expats Up 24.1% Year-On-Year In First 8 Months Of FY 2017/18
Egypt >> 6/24/2018 - Egypt's Ministry of Finance announced that remittances from Egyptian expatriates sent in the first eight months of the fiscal year 2017/2018 had increased by $3.4 billion, or 24.1 percent, year-on-yea...
BDB Launches Fund Of Funds
Bahrain >> 6/24/2018 - Bahrain Development Bank (BDB) announces that the Al Waha Fund of Funds has successfully closed its $100m fundraising round, making it the first active venture capital fund of funds in the region.
Dubai Financial Market Distributes AED15.8 Billion Of Cash Dividends In 2017
United Arab Emirates >> 6/25/2018 -  As part of its leading investor and issuer services, Dubai Financial Market (DFM) has successfully accomplished the cash dividend distribution for the financial year 2017. As much as AED15.8 billion ...
Egypt's Total Public Debt Reached EGP 3.4 Trillion By End Of 2017: Central Bank
Egypt >> 6/25/2018 - Egypt’s total public debt reached EGP 3.4 trillion (approximately $190 billion), representing 83.8% of GDP by the end of December 2017, the Central Bank of Egypt announced .

The rise in the c...
Egypt Repaid $30 Bln in Due Bonds, Foreign Debt During 2017: Ministry Of Finance
Egypt >> 6/25/2018 - Egypt repaid a total of US$ 30 billion during the 2017 , distributed across due bonds and foreign debt to international banks, the country’s finance ministry announced .

Egypt met and repaid ...
First Egyptian-Made Tablet to be Released on Wednesday
Egypt >> 6/26/2018 - An Egyptian electronics manufacturer is set to launch the country’s first locally manufactured tablet , the chairman of Egyptian Silicons Industries Company (SICO) Mohamed Salem said .

Saleh ...
French Investments in Egypt Exceed 4 Billion Euros: Investment Minister
French Investments in Egypt Exceed 4 Billion Euros: Investment Minister Egypt >> 6/26/2018 - France is one of the biggest foreign investors in Egypt, with investments worth over 4 billion euros, Al-Ahram Arabic website reported Egypt’s investment minister as saying .

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