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Egypt's Stock Exchange Loses EGP 7 Bln, All Indexes Fall Back
Egypt >> 8/14/2018 - The Egyptian Exchange indexes posted collective losses at the close of trading, prompted by selling operations by foreign institutions and investment funds besides Egyptian investors, in the wake of ...
IFC Pledges Over $2 Bln Financing For Egypt's Private Sector, Small Businesses By 2019
Egypt >> 8/14/2018 - The World Bank's International Finance Corporation said it is keen to provide more than the pledged amount of $2 billion in financing to the Egyptian private sector by 2019, targeted primarily at ent...
Muscat Securities Market Declines 8 Points
Saudi Arabia >> 8/14/2018 - Muscat Securities Market (MSM) general index (30) lost (8.84) points, comprising a decline by (0.20%) to close at (4373.08) points, compared to the last session, which stood at (4381.92) points.
Amman Stock Exchange Rises
Saudi Arabia >> 8/14/2018 - Amman Stock Exchange (ASE) opened trading with a rise to 1977 points compared to 1971 points of last session closure, according to market sources.

The market index fluctuated between 1970 po...
CBK Issues Three-Month Bonds, Tawarruq worth KD 160 Mln
Kuwait >> 8/14/2018 - The Central Bank of Kuwait (CBK) said it issued KD 160 million (USD 528 million) worth of bonds and Tawarruq, an Islamic financial product which allows clients to raise money without breaking Muslim ...
Through Recycling, Industrial Sector Seeks Sustainability to Achieve Kuwait 2035 Vision
Kuwait >> 8/14/2018 - Within the "New Kuwait 2035 Vision", government institutions are working hard to create an appropriate business development framework for industrial entrepreneurs in various sectors. Despite a common ...
Sisi Opens Two Cement & Granite Production Lines in El Arish Via Video Conference
Sisi Opens Two Cement & Granite Production Lines in El Arish Via Video Conference Egypt >> 8/15/2018 - President Abdel Fattah El Sisi inaugurated via video conference two production lines for cement and granite production in El Arish city in North Sinai.

North Sinai Governor Abdel Fattah Harh...
Govt Attaches Importance to Renovating Sour Magra El Oyoun
Egypt >> 8/15/2018 - Prime Minister Moustafa Madbouli said that the government attaches great importance to renovating Sour Magra el Oyoun area.

The government aims at finishing the area's renovation project as s...
Sisi Inaugurates National Projects in Beni Suef
Sisi Inaugurates National Projects in Beni Suef Egypt >> 8/15/2018 - President Abdel Fattah El Sisi attended the inauguration ceremony of a number of national projects in the Upper Egyptian governorate of Beni Suef.

These projects include an industrial complex...
UAE Most Competitive Economy in MENA Region, Says IFC
United Arab Emirates >> 8/15/2018 - The United Arab Emirates is the most competitive economy in the MENA region, the International Finance Corporation said in a released study about competitiveness in the Middle East and North Africa, f...
Egypt's Central Bank Expected To Keep Interest Rates Steady Despite Turkish Lira Crisis
-------- >> 8/15/2018 - The Central Bank of Egypt's monetary policy committee is expected to keep interest rates unchanged when it meets despite concerns about inflation and the plunge in the lira of Turkey, analysts say.
1.6-Billion-Dollar Basic Commodities Imported From March till July
Egypt >> 8/17/2018 - A report by the Customs Authority showed that basic commodities worth dlrs 1.6 billion were imported for local consumption from March till July of 2018.

The report, handed to Finance Minister...
The Central Bank of Egypt Keeps Interest Rates Unchanged
The Central Bank of Egypt Keeps Interest Rates Unchanged Egypt >> 8/17/2018 - The Monetary Policy Committee (MPC) of the Central Bank of Egypt (CBE) kept interest rates unchanged for the third time this year, setting the overnight deposit rate and the overnight lending rate at...
Egypt, Sudan Probe Cementing Industrial Cooperation
Egypt >> 8/17/2018 - Sudanese Minister of Industry Musa Karama discussed with Egyptian Ambassador in Khartoum Osama Shaltout means of boosting industrial cooperation between the two countries in addition to accelerating ...
3 New Investment Projects to Be Established in Ismailia's Investment Free Zone
Egypt >> 8/17/2018 - The board of directors of the General Authority for Investment (GAFI) in Ismailia governorate approved the establishment of three new investment projects in the general investment free zone at a cost...
Bahrain, Egypt Business Opportunities Explored
Bahrain >> 8/18/2018 - Chairman of the Bahrain Chamber of Commerce and Industry (BCCI) Sameer Nass and Deputy Treasurer Waleed Kanoo have received the Egyptian Ambassador to Bahrain Suha El Far.

The meeting discus...
Egypt, Malaysia Sign Cooperation Protocol on Fish Production Increase
Egypt >> 8/24/2018 - Chairman of the National Research Center Ashraf Shaalan signed a cooperation protocol with Director General for Malaysia's WorldFish Center Gareth Johnstone to increase the production of Tilapia.
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Legal, Economic Experts to Develop Statute of Egypt's Sovereign Fund
Egypt >> 8/24/2018 - Planning Minister Hala el Saeid said that a committee had been formed to work on developing the statute of Egypt's sovereign fund as well as determining the rules by which the fund staff would be sele...
Navigation Movement at Suez Canal Hits Record High
Egypt >> 8/25/2018 - Navigation movement at the Suez Canal hit a record high , with 49 ships transiting the international waterway carrying 4.2 million tonnes, Head of the Suez Canal Authority (SCA) Mohab Mamish said in a...
Egypt Upgrading 156 Railway Stations at EGP 1 Bln
Egypt >> 8/25/2018 - Egypt's Railway Authority is currently upgrading and maintaining 156 train stations at a total cost of about EGP 1 billion "to improve the services provided to train passengers," the Ministry of Trans...

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