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Egyptian Economy Gets out of Bottleneck- Maait
Egypt >> 3/25/2019 - “The Egyptian economy has got rid of its bottleneck,” Minister of Finance Mohamed Maait said , expecting to achieve a budget surplus in the 2019/2020 fiscal year.

Egypt is expected to hit bud...
Kuwait Bourse Ends Trading In Green Zone
Kuwait >> 3/25/2019 - Boursa Kuwait ended trading in green zone as the Premier Market Index went up by 23.28 points to reach 5,943.45 points. The Main Market Index also went up by 14.59 points to reach 4,845.12 points, sa...
US Investments in Egypt Valued at $21.8 Billion in 2018:
US Investments in Egypt Valued at $21.8 Billion in 2018: Egypt >> 3/25/2019 - Egypt's Minister of Investment Sahar Nasr says that the current level of economic cooperation between Egypt and the United States reflects "the unique partnership binding both countries", highlighting...
Egypt Ready To Provide Economic Reform Experience To Africa
Egypt >> 3/26/2019 - Egypt’s Finance Minister Mohamed Maait announced that his country is ready to provide its pioneer experience in economic financial policy reform and expand the mechanization of the public finances to ...
UAE, Uzbekistan Boosting Power Generation, Renewables, Oil and Gas Ties
United Arab Emirates >> 3/26/2019 -  Mubadala Investment Company, Abu Dhabi’s strategic investment and development fund, has exchanged a set of strategic agreements with the Republic of Uzbekistan, in which future partnerships can be ex...
Ministry of Economy, WIPO Hold Joint Workshop on Intellectual Property
United Arab Emirates >> 3/26/2019 -  The Ministry of Economy, represented by the Intellectual Property and Entrepreneurship Division, organised a workshop, titled, "Small and Medium-Sized Enterprises, SME: Effective Intellectual Propert...
Bahrain Duty Free Shareholders Approve BD 7 Million Dividend
Bahrain >> 3/26/2019 - The shareholders of Bahrain Duty Free Shop Complex (DUTYF) on Tuesday during the annual general meeting (AGM) have approved the payment of the cash dividend of BD7.11 million for the financial year of...
Hosting WRC-19 Reflects Egypt's Importance in International Arena
Egypt >> 3/26/2019 - Minister of Communications and Information Technology Amr Talaat stressed that Egypt's hosting the World Radiocommunication Conference 2019 (WRC-19) reflects the country's importance in international ...
Egypt's Finance Ministry Auctions EGP 1.2 Bn T-Bonds
Egypt >> 3/26/2019 - The Finance Ministry auctioned treasury bonds at a total value of EGP 1.250 billion.

In an online statement, the ministry said it sold EGP 750 million of 5-year T-bonds with an average intere...
Invest Bank to Consider Entry of Strategic Investor on April 10
United Arab Emirates >> 3/26/2019 - The Board of Directors of Invest Bank said it will consider the entry of the Government of Sharjah or any of its subsidiaries as a strategic investor after getting the approval of the Central Bank and...
Saudi Ambassador to Vietnam Meets President of Vietnamese Chamber of Commerce and Industry
Saudi Arabia >> 3/27/2019 - Ambassador of the Kingdom of Saudi Arabia to Vietnam Saud bin Fahd Al-Swailem met here the President of Vietnamese Chamber of Commerce and Industry Vu Tien Loc. During the meeting, they discussed the...
Bahraini-Thai Investment Cooperation Discussed
Bahrain >> 3/27/2019 -  The Financial Secretary of the Bahrain Chamber of Commerce and Industry (BCCI), Aref Ahmed Hijris, received a Thai delegation from the Prince of Songkhla Univeristy. Members of BCCI Health and Educat...
Abu Dhabi's Exports Up 36.6 Percent to AED17.2 Bn in Q4
United Arab Emirates >> 3/27/2019 - The value of exports through Abu Dhabi ports increased by 36.6% from AED 12.6 billion in Q4 2017 to AED17.2 billion in the same period of 2018, according to the figures released by Statistics Centre -...
Dubai Chamber to Lead Trade Delegation to Panama in April
United Arab Emirates >> 3/27/2019 - Dubai Chamber of Commerce and Industry announced today that it will lead a high-level delegation of UAE government officials and prominent businessmen to Panama in April, to explore new growth opportu...
Minister of Finance Leads Saudi Delegation Participating in Meeting of Economic
Saudi Arabia >> 3/28/2019 -  Minister of Finance Mohammed bin Abdullah Al-Jadaan will preside over the delegation of the Kingdom of Saudi Arabia which will participate in the meeting of the Economic and Social Council of the Cou...
Cairo, Transmashholding Probe Contract to Supply Railways with 1,300 Cars
Egypt >> 3/29/2019 - Minister of Transport Kamel el Wazir met with a delegation from Russian-Hungarian consortium Transmashholding-Hungary Kft. in the presence of Russian Ambassador in Cairo Sergei Kravchenko.

...
CBE Keeps Interest Rates on Deposits, Loans Unchanged
CBE Keeps Interest Rates on Deposits, Loans Unchanged Egypt >> 3/29/2019 - The Central Bank of Egypt (CBE) decided to keep the overnight deposit rate, overnight lending rate unchanged at 15.75 percent and 16.75 percent respectively.

The decision was made by the CB...
EGX Gains EGP 6 Bln Ahead of Anticipated CBE Meeting to Review Interest Rates
EGX Gains EGP 6 Bln Ahead of Anticipated CBE Meeting to Review Interest Rates Egypt >> 3/29/2019 - The Egyptian Exchange (EGX) indexes went up collectively at the close of trading, pushed by purchases of local and Arab investors, ahead of an anticipated meeting of the Central Bank of Egypt (CBE) l...
Finance Ministry Denies Media Reports on Dollar Price in 2018-19 National Budget
Egypt >> 3/29/2019 - The Finance Ministry denied media reports about the average price of the exchange rate of the US dollar included in its initial estimates of Egypt's 2018-19 budget.

In a statement, the mini...
Investment Min. Amends Accounting Standards
Investment Min. Amends Accounting Standards Egypt >> 3/29/2019 - Investment and International Cooperation Minister Sahar Nasr decided on to amend some of the Egyptian Accounting Standards and the Egyptian Auditing Standards and Limited Reviews.

The deci...

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