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IFC, Financial Regulatory Authority Begin Consultation on Green Bonds Guidelines in Egypt
Egypt >> 7/1/2018 - IFC, a member of the World Bank Group, and the Financial Regulatory Authority of Egypt launched a consultation process for guidelines to foster the development of the country’s green bond market and ...
Algeria: Sonatrach Investments Were $8 Billion in 2017
Algeria >> 7/1/2018 - The National Hydrocarbon Group Sonatrach said Sunday that the total investment volume made in Algeria was $8.2 billion in 2017. 87% of them covered the development of hydrocarbon exploration and produ...
Algeria: Government Studies Means to Boost Investment
Algeria >> 7/1/2018 - Minister of Industry and Mines, Youcef Yousfi announced in Ghardaia that “the Government studies the means to boost and attract economic investment in most remote areas.”
Abu Dhabi: SCA, Ministry off Economy to Launch Platform for Funding Smes
United Arab Emirates >> 7/1/2018 - The Securities and Commodities Authority, SCA, is working with the Ministry of Economy and the Organisation for Economic Co-operation and Development, OECD, to launch a new international initiative to...
UAE: Credit Facilities to Industrial, Business Sectors Up 3.4% in Five Months
United Arab Emirates >> 7/1/2018 - The balance of loans lent by banks operating in the UAE to the industrial and business sectors rose 3.4 percent at the end of May 2018 to AED774.5 billion, from AED748.9 billion in December 2017, acco...
Egypt Implements 2018/19 Budget with More Expenditure on Health, Education
Egypt >> 7/1/2018 - Egypt's finance ministry announced on Sunday the implementation of the new budget for the 2018/19 fiscal year with a total of EGP 1.42 trillion in expenditures, an increase of EGP 200 billion from las...
Investment Fund for Infrastructure between Egypt, Sudan, Ethiopia to Kick off This Week
Egypt >> 7/1/2018 - An investment fund between Egypt, Sudan and Ethiopia to facilitate infrastructure development in the three countries will kick off this week, Sudan’s Minister of State Osama Faisal said.

In a...
Egypt Says to Start Building First Nuclear Plant Dabaa in Next Two Years
Egypt >> 7/1/2018 - Egypt said that construction of its first nuclear power plant, to be built by Russia, will begin in the next two to two-and-a-half years.

The 4,800 megawatt (MW) capacity plant at Dabaa in t...
Ukraine's Nebulon to Invest $2 Billion in Egypt Grain Storage, Transport
Egypt >> 7/1/2018 - Ukrainian grain trading company Nebulon is to invest $2 billion to build new grain silos and transportation barges in Egypt's Nile Delta region, the Egyptian supply ministry said .

The silos ...
2nd Gulf Economic Forum to Kick Off in October in Riyadh
Saudi Arabia >> 7/1/2018 - The Federation of Chambers of the Gulf Cooperation Council (GCC), the Council of Saudi Chambers (CSC) and the General Secretariat of the Gulf Cooperation Council for the Arab States, in cooperation wi...
UBF’s Middle East Banking Forum 2018 To Explore Future Of Banking
United Arab Emirates >> 7/2/2018 - The UAE Banks Federation, UBF, announced that it will host the sixth edition of the Middle East Banking Forum, one of the leading banking conferences in the region, on 11th November, 2018, in Dubai.<...
Egypt PM: Establishment of African Free Trade Zone Creates Real Investment Opportunities
Egypt >> 7/2/2018 - Egypt Prime Minister Mostafa Madbouli asserted Egypt’s keenness on signing a deal that aims at establishing the African Free Trade Zone (AFTZ) in Kigali in March, 2018.

This came during his ...
UAE Is 5th Largest Investor in Uzbekistan
United Arab Emirates >> 7/2/2018 - The UAE is the fifth largest country investing in Uzbekistan during the first quarter of 2018, according to a statistical report released by the Central Bank of Uzbekistan.

The report said th...
Dubai Trade World Launches Trade Portal in Dominican Republic
United Arab Emirates >> 7/2/2018 - A new electronic trade portal enabling trade and business was launched in the Dominican Republic by the Dubai Trade World (DT World).

As a subsidiary of DP World, DT World will provide its ‘M...
Dubai Trade World to Create New Trade Portal in Dominican Republic
United Arab Emirates >> 7/2/2018 - A new electronic trade portal that will enable trade and make life easier for business has been launched in the Dominican Republic by Dubai Trade World (DT World).

As a subsidiary of DP World...
Egypt: 10 Companies on Promotional Visit to Netherlands
Egypt >> 7/2/2018 - The mission included field visits to five big factories in Rotterdam, Netherlands, working in the field of agricultural products.

Within the Green Trade Initiative, the Export Development Aut...
Bukhari Meets Abu Zaki over Arab Economic Forum Meeting in Beirut
Lebanon >> 7/3/2018 -  Saudi Minister Plenipotentiary Charges d'Affaires, Waleed Bukhari, received 'Al-Iktissad Wal-Aamal' Group CEO, Chairman of the Lebanese-Saudi Business Council, Raouf Abu Zaki, in the presence of Emb...
Dubai FDI Partners with VFS Global to Ease Foreign Investors Licensing
United Arab Emirates >> 7/3/2018 - Dubai FDI, the investment development agency of Dubai Department of Economic Development, DED, has signed a Memorandum of Understanding, MoU, with VFS Global, one of the leading specialists on visa pr...
Bahraini Delegation Visit CPF Company
Bahrain >> 7/3/2018 -  On the sidelines of the official visit by an economic delegation headed by the Minister of Industry, Commerce and Tourism Zayed Al Zayani to Thailand, Assistant Undersecretary for Foreign Trade Eman ...
Private Notary Services Launched Through Sijilat System
Bahrain >> 7/3/2018 - The Ministry of Industry, Commerce and Tourism has launched the "Private Notary" services for commercial companies and private establishments registered with the ministry.

The service was la...

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