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Egypt's Finance Ministry To Auction T-Bonds Worth EGP 498.7 Bln
Egypt >> 9/30/2018 - Egypt's finance ministry intends to auction treasury bonds at a total value of EGP 498.750 billion during the second quarter (October-December) of the fiscal year 2018-2019.

In an online stat...
The Fiscal Strategy will Contribute to Reduce the Budget Deficit and Support Fiscal Sustainability
Saudi Arabia >> 9/30/2018 - The Fiscal Strategy will Contribute to Reduce the Budget Deficit and Support Fiscal Sustainability and Economic Growth over the Medium Term 3 Riyadh.

these programs and other initiatives, whi...
UAE Ministry of Finance Discusses 2019 Federal Budget
United Arab Emirates >> 10/1/2018 - The Ministry of Finance, MoF, raised the 2019 federal budget draft to the UAE Cabinet as part of the Five-Year Federal Budget Plan (2017-2021). At AED60.3 billion, it represents a 17.3 percent increas...
Egypt's Financial Supervisory Authority Named Most Innovative Regulator in Africa
Egypt >> 10/1/2018 - Egypt's Financial Supervisory Authority (FSA) was named the Most Innovative Capital Market Regulator in Africa .

The authority's chairman Mohamed Omran welcomed the award granted by Africa I...
Egypt's M2 Money Supply Up 17.02 Pct in August: C.Bank
Egypt's M2 Money Supply Up 17.02 Pct in August: C.Bank Egypt >> 10/1/2018 - Egypt’s M2 money supply grew by 17.02 percent year-on-year in August, data from the central bank showed .

M2 grew by 17.84 percent in July. The money supply stood at 3.51 trillion Egyptian p...
Kuwaiti Minister of Commerce Discusses Cooperation with Saudi Counterpart
Kuwait >> 10/1/2018 - Kuwait Minister of Commerce and Industry Khaled Al-Roudhan discussed with Saudi Minister of Commerce and Investment Majed Al-Qasabi cooperation between the two countries.

The two sides discu...
Joint Economic Committee Holds Meeting
Bahrain >> 10/1/2018 - Industry, Commerce & Tourism Minister Zayed R. Al Zayani chaired the 29th Joint Economic Committee between the Ministry of Industry, Commerce and Tourism and Bahrain Chamber of Commerce and Industry (...
Egypt’s Domestic Liquidity Rises to EGP 3.466 Trillion by End of July
Egypt >> 10/1/2018 - The Central Bank of Egypt (CBE) said in a report that Egypt's domestic liquidity increased by EGP 9.1 billion to register EGP 3.466 trillion, at a rate of 0.3%, at the end of July.

The repor...
FTA Discusses Cooperation with Singapore
United Arab Emirates >> 10/1/2018 - Ahmed Mohammed Sharif Al Khouri, Director-General of the Federal Transport Authority - Land and Maritime, FTA, today, received Samuel Tan, Ambassador of Singapore to the UAE, and discussed the means o...
UAE to Participate in Finland's 'Slush 2018'
United Arab Emirates >> 10/1/2018 - The Ministry of Economy organised an introductory workshop on the UAE’s participation in 'Slush 2018', which will be held in the Finnish capital, Helsinki, in December, on the sidelines of the visit o...
Egypt Sells EGP 904 Mln of T-Bonds After Cancelled Auctions
Egypt >> 10/1/2018 - Egypt sold EGP 904 million ($50.6 million) worth of three- and seven-year treasury bonds after cancelling sales for four successive weeks, the central bank said.

The three-year bonds carried ...
Abu Dhabi Chamber Discusses Trade Relations with a Delegation from the Czech Republic
United Arab Emirates >> 10/1/2018 - The volume of non-oil trade exchange between the UAE and the Czech Republic reached 4 billion Dirhams in 2017, whereas, the volume of non-oil trade exchange between the two countries was at just 405.2...
Egypt's Current Account Deficit Narrows Sharply To $6 Billion in 2017-18
Egypt >> 10/2/2018 - Egypt's current account deficit for the 2017-18 financial year that ended in June narrowed by 58.6 percent to $6 billion, the central bank said .

The central bank attributed the drop in the d...
Egypt's Bourse Indices Show Mixed Performance
Egypt >> 10/2/2018 - The Egyptian Exchange (EGX) indexes showed mixed performance at the close of trading amid purchasing operations by Arab and local institutions and investment funds and selling operations by foreign i...
Egypt Will Continue to Cut Energy Subsidies to Reduce Govt Expenditure
Egypt >> 10/2/2018 - Egypt's Minister of Petroleum and Mineral Resources Tarek El-Molla said on Tuesday at the Arab Energy Forum in Marrakech that Egypt would continue to cut energy subsidies to reduce government expendit...
CIBAFI, World Bank Launch Second Joint Conference
Bahrain >> 10/2/2018 - The General Council for Islamic Banks and Financial Institutions (CIBAFI), the global umbrella of Islamic financial institutions and the World Bank have successfully launched the 2nd CIBAFI – World Ba...
Saudi Arabia Deposits $200 Million Grant in Yemen Central Bank
Saudi Arabia >> 10/3/2018 - The Minister of Finance, Mr. Mohammed Al-Jadaan, stated that $ 200 million grant was deposited today, in the Central Bank of Yemen in implementation of the Custodian of the Two Holy Mosques, King Salm...
Minister of Trade and Industry launches local industry deepening program
Egypt >> 10/3/2018 - Minister of Trade and Industry Amr Nassar inaugurated the launching conference of the “National Industrial Localization Program (NILP),” jointly organized by the Industrial Modernization Center (IMC)...
Greek Economic Delegation Led By Katrougalos Visits Beirut Chamber of Commerce
Lebanon >> 10/3/2018 - A Greek economic delegation, headed by Alternate Foreign Minister for European Affairs, George Katrougkalos, visited the Beirut and Mount Lebanon Chamber of Commerce, where they held talks with the C...
Economy Minister Meets Greek Alternate Foreign Minister for European Affairs, Spanish Ambassador
Lebanon >> 10/3/2018 - Caretaker Minister of Economy and Trade, Raed Khoury, met at his office in the ministry with Greek Alternate Foreign Minister for European Affairs, George Katrougkalos, with whom he discussed the curr...

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