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Egypt 5-Yr CDS Rise To Highest Since August 2017: Markit
Egypt >> 12/15/2018 - The cost of insuring Egyptian government bonds using Credit Default Swaps hit its highest in 16 months , partly due to turbulence in global emerging markets and concerns around the Egyptian pound.
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47 Ships Transit Suez Canal
Egypt >> 12/16/2018 - Fifty-seven ships transited the Suez Canal with a total cargo of 3.5 million tons. The south-bound convoy included 27 vessels carrying 1.8 million tons, while the north-bound convoy included 20 ship...
Egypt, China Discuss Coop. in Manufacturing of Express Trains, Monorails
Egypt >> 12/16/2018 - Chairman of the Arab Organization for Industrialization (AOI) Abdel Moneim al Taras discussed in a meeting with Chairman of China Railway 20 Bureau Group Corporation (CR20G) Deng Yong means of boosti...
Dubai FDI Showcases Emirate’s Investment Advantages in Spain
United Arab Emirates >> 12/16/2018 - The Dubai Investment Development Agency (Dubai FDI), the investment development agency of Dubai Economy (DED), recently held a meeting with major industries and key investors at the Circulo Ecuestre i...
Emirates NBD Introduces 'Traveller HD' Service For Visually Impaired
United Arab Emirates >> 12/16/2018 - Emirates NBD today announced the introduction of 'Traveller HD', an assistive technology designed to improve the branch-experience for visually impaired customers.

Emirates NBD branches in Du...
UAE President Issues Federal Decree Restructuring UAE Central Bank
United Arab Emirates >> 12/16/2018 - President His Highness Sheikh Khalifa bin Zayed Al Nahyan has issued a Federal Decree restructuring the Board of Directors of the Central Bank of the UAE.

Pursuant to the Decree, the Board of...
Sharjah Chamber Organises UAE-Uganda Trade Forum in Kampala
United Arab Emirates >> 12/16/2018 - The Sharjah Chamber of Commerce and Industry, SCCI, which was represented by the Sharjah Exports Development Centre has organised the UAE-Uganda Trade and Investment Forum in Kampala.

The fo...
UAE Gains Strides in Transition to Digital Economy
United Arab Emirates >> 12/16/2018 - The UAE has accomplished significant achievements during its transition to a digital economy over the past five years.

These accomplishments have helped to reinforce the competitiveness of th...
Chamber of Commerce in Eastern Region to Organize a Business Meeting in Qatif
Saudi Arabia >> 12/16/2018 - The Chamber of Commerce of the Eastern Region represented by the Business Council in Qatif Governorate will organize tomorrow a meeting for the business sector at the branch of the chamber in Qatif go...
Trade Minister, Afreximbank Head Prepare For First Intra-African Trade Fair
Egypt >> 12/17/2018 - The chairman of the African Export-Import Bank (Afreximbank) Benedict Oramah said that agreements worth $30 billion signed during the Intra-African Trade Fair, which took place in Egypt from 11 to 17 ...
No Change of Tax Policy For Attracting Investments
Egypt >> 12/17/2018 - Finance Minister Mohamed Maait said that the ministry will not change its tax policy, but it will work on developing its tax administration, warning that taking such a move could badly affect the coun...
UAE, China Sign 'Economic Development Work Plan'
United Arab Emirates >> 12/17/2018 - The UAE and China signed an 'Economic Development Work Plan', with the aim of promoting commercial and customs cooperation. The work plan involves five stages of detailed procedures, which will see fu...
Investments Worth EGP 960bn Pumped Into Market Over 4 Years
Egypt >> 12/17/2018 - The Egyptian government has been working over the past four years to pump public investments that exceeded 960 billion pounds, Planning Minister Hala el Saeid said .

This is part of Cairo's e...
IMF Approves $3 Billion Precautionary and Liquidity Line for Morocco
Morocco >> 12/18/2018 - The IMF has approved financing of about $2.97 billion in the form of a Precautionary and Liquidity Line (PLL) to help Morocco ward off external economic shocks.

“The new PLL arrangement will ...
Jordan, Kfw Sign 97-Million-Euro Loan Agreement to Finance Water Projects
Jordan >> 12/18/2018 - Jordan signed two concessional loan agreements with the German Development Bank (KfW), valuing 97 million euros, to finance two vital projects in the water sector.

Minister of Planning and In...
Dubai's Investment Corporation Achieves 10.0 Billion Net Profit in H1 2018
United Arab Emirates >> 12/18/2018 - Investment Corporation of Dubai, ICD, has announced its consolidated financial results for the six month period ended 30th June, 2018, having achieved revenues of AED115.1 billion and net profit of AE...
Sisi Urges Austrian Firms to Make Use of Egypt's Modern Infrastructure
Sisi Urges Austrian Firms to Make Use of Egypt's Modern Infrastructure Egypt >> 12/18/2018 - Egyptian President Abdel Fattah El Sisi called on Austrian firms to make use of the modern infrastructure currently available in Egypt.

During a meeting with Austrian President Alexander Van...
Bourse Gains EGP 7.2 Bln
Bourse Gains EGP 7.2 Bln Egypt >> 12/18/2018 - The Egyptian Exchange achieved strong gains at the close of trading amid purchases by Egyptian and foreign institutions and investment funds.

The market capital gained at the close of today's...
UAE Investment Environment Promoted In Canada
United Arab Emirates >> 12/21/2018 - Fahad Saeed Mohammed Al Raqbani, UAE Ambassador to Canada, underlined the advanced technological readiness boasted by the UAE and its ability to attract and host international companies from key secto...
Russia Misses Out In Egyptian Wheat Tender As Prices Keep Rising
Egypt >> 12/21/2018 - Egypt on Thursday bought no Russian wheat in an import tender for the first time in six months, in a sign of rising prices in Russia after a blistering start to its export season.

Egypt’s the...

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