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All EGX Indexes Up, Benchmark Rises 1.65 Pct
Egypt >> 8/8/2019 - The Egyptian Exchange (EGX) indexes went up collectively at the close of trading, pushed by purchases of Arab and foreign institutions and investment funds.

The market capital gained about E...
TAQA Records 5% Revenue Growth in H1 2019 To Reach AED9 Billion
United Arab Emirates >> 8/8/2019 -  Abu Dhabi National Energy Company announced its financial results and operational highlights for the six-month period ending June 30, 2019.

TAQA recorded AED 9 billion of revenue in the firs...
The Upcoming Investment Forum: Doing Business in Africa
Egypt >> 8/13/2019 - Egypt has successfully carried out its economic reform programme, and the African countries can benefit from this expertise, said Malinne Blomberg, country manager at the African Development Bank (AFD...
Smes: Catalysts for Economic Growth in Mideast and Central Asia
Egypt >> 8/13/2019 - An International Monetary Fund (IMD) report issued this year has underscored the role played by small and medium-sized enterprises (SMEs) as catalysts for economic growth and employment in the Middle ...
CBE Expected To Cut Interest Rates To 14.75%: Capital Economics
Egypt >> 8/14/2019 - In the wake of a notable decrease of Egypt's inflation rate, with the Central Agency for Public Mobilisation and Statistics (CAPMAS) announcing last week a drop to 8.7 percent, all hopes were pinned o...
AED2.3 Billion To Abu Dhabi Economy in H1 2019: ADNEC
United Arab Emirates >> 8/14/2019 - The first half of 2019 saw an input of AED2.3 billion into the Abu Dhabi economy, revealed the Abu Dhabi National Exhibitions Company.

In a statement, the company said that its Abu Dhabi Nati...
All EGX Indexes Up, Benchmark Rises 2.5 Pct
Egypt >> 8/15/2019 - The Egyptian Exchange (EGX) indexes posted collective gains at the close trading, backed by Egyptian institutions and investment funds.

The market capital gained about EGP 14 billion, registe...
Egypt's Non-Petroleum Exports Hit $13 Bln in 1st Half of 2019
Egypt >> 8/16/2019 - Egypt’s non-petroleum exports registered $13.037 billion in the first half of 2019, the General Organization for Export and Import Control (GOEIC) said in a report .

The Agricultural Expor...
EGX Gains EGP 6.3 Bln in 2 Sessions
EGX Gains EGP 6.3 Bln in 2 Sessions Egypt >> 8/16/2019 - The Egyptian Exchange (EGX) indexes posted gains amounting to EGP 6.3 billion during this two-session week.

The market capital increased 0.9 percent, hitting EGP 752.5 billion, compared to EG...
Finance Ministry Auctions EGP 19 Bn Treasury Bills
Egypt >> 8/16/2019 - The Finance Ministry auctioned Treasury bills at a total value of EGP 19 billion.

In a statement, the ministry said it auctioned 182-day T-bills for EGP 9.25 billion with an average yield o...
Egypt's Industrial Investment Map to be Available Online as of September 1
Egypt >> 8/16/2019 - Head of the Industrial Development Authority Magdi Ghazi stressed that the industrial investment map will be available online to all investors as of September 1.

Ghazi said the map is the fi...
Sisi Orders Launching Portal of Industrial Investment Map in September
Sisi Orders Launching Portal of Industrial Investment Map in September Egypt >> 8/16/2019 - President Abdel Fattah El Sisi directed directed officials to launch a government portal for the unified industrial investment map in September.

Sisi gave the directives during a meeting with...
Egypt Aims to Cut Debt-to-GDP Ratio to 77.5% By 2022: Finance Ministry
Egypt >> 8/17/2019 - Egypt’s finance ministry is targeting a debt-to-GDP ratio of 77.5 percent by 2020, which would be a lower rate than in 2011.

The debt-to-GDP ratio was reduced from 108 percent by the end of...
1 Billion People Worldwide Lack Basic ID Credentials: World Bank
Egypt >> 8/17/2019 - A recent report released by the World Bank reveals that an estimated one billion people worldwide do not have any basic ID documents, including as many as one in four children and youth whose births h...
Bourse Gains EGP 5.3 Bn
Egypt >> 8/18/2019 - The Egyptian Exchange (EGX) indexes posted collective gains 18/8/2019, backed by purchases of local investors, against sales operations by domestic, Arab and foreign institutions.

The market ...
Saudi Stocks Pressured By Banks, Industries Qatar Lifts Doha
Saudi Arabia >> 8/18/2019 - Saudi shares ended lower, hit by weakness in banking stocks, while the Qatari index snapped a three-day losing streak as Industries Qatar's rebounded after steep declines on its first-half results.
Algeria's Trade Balance: Foreseeable Deterioration Linked To Economic Structure
Algeria >> 8/18/2019 - he deterioration of Algeria’s trade balance in the first half of 2019 was foreseeable due to the nature of the economic structure, marked by the absence of other drivers of export growth, explained Al...
Egypt's Non-Petroleum Exports Hit $13 Bln in 1st Half of 2019
Egypt >> 8/18/2019 - Egypt’s non-petroleum exports registered $13.037 billion in the first half of 2019, the General Organization for Export and Import Control (GOEIC) said in a report

The Agricultural Export Co...
EGX Gains EGP 6.3 Bln in 2 Sessions
Egypt >> 8/18/2019 - The Egyptian Exchange (EGX) indexes posted gains amounting to EGP 6.3 billion during this two-session week.

The market capital increased 0.9 percent, hitting EGP 752.5 billion, compared to EG...
Finance Ministry Auctions EGP 19 Bn Treasury Bills
Egypt >> 8/18/2019 - The Finance Ministry auctioned Treasury bills at a total value of EGP 19 billion.

In a statement, the ministry said it auctioned 182-day T-bills for EGP 9.25 billion with an average yield of ...

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