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EGP 1.3 Trillion Allocated for Insurance Funds within 7 Years
Egypt >> 9/3/2019 - Egypt's Minister of Social Solidarity Ghada Wali and Minister of Finance Mohamed Maait held a joint meeting to reach an agreement on settling disputes and paying back debts due to insurance funds in ...
Egypt's Non-Oil Business Activity Slips Back Into Contraction in Aug
Egypt >> 9/3/2019 - Activity in Egypt’s non-oil private-sector contracted in August after a marginal expansion the month before, a survey showed .

The IHS Markit Egypt Purchasing Managers’ Index (PMI) for the no...
Al-Wazeer Witnesses Signing of an Agreement on Two Ferries Cairo and Riyadh
Egypt >> 9/3/2019 - Minister of Transport Kamel Al-Wazeer witnessed the signing of a contract for the management, operation and maintenance of the two ferries Cairo and Riyadh between the Ministry of Transport and Cairo ...
Government Working on Plan to Promote Pharmaceutical Industry, Exports
Egypt >> 9/3/2019 - Prime Minister Mostafa Madbouli said his government is working on a national plan to support the pharmaceutical industry and exports.

All chances should be used to upgrade this vital sector, ...
CBE: Foreign Currency Reserves Up By $53m
CBE: Foreign Currency Reserves Up By $53m Egypt >> 9/4/2019 - The Central Bank of Egypt (CBE) announced an increase in the foreign currency reserves in August compared to July.

According to the CBE, the reserve increased in August by 53 million dolla...
Turkey's Exports Up 1.7 Last August
Kuwait >> 9/4/2019 - Turkey's exports were worth USD 13.2 billion in August, up 1.7 percent from a year earlier, Turkish trade minister said.

Ruhsar Pekcan, the minister said the country's imports inched down 0....
Arab Bloc Eyes Plan for Long-Term Economic Development
Kuwait >> 9/4/2019 - The Arab League on Wednesday proposed setting up a "roadmap to broad development" across the region that ensures stability on the economic front well into the foreseeable future.

The remarks...
UAE Banks' Saving Accounts Hit AED165.8 Bn by July 2019
United Arab Emirates >> 9/4/2019 - UAE banks' saving account balances hit a record of circa AED165.8 bn during the first seven months of the year, a 9 pc growth of AED13.8 bn against AED152 bn by the end of 2018, according to statistic...
Annual Global Bribes Reach $2 Trillion, Tax Evasion $3 Trillion
Egypt >> 9/4/2019 - "Bribes to the tune of $1.5–$2 trillion change hands every year. Tax evasion costs governments more than $3 trillion a year, and countless more is lost through other illicit activities.

This...
Cairo, Constra Globe Firm Probe Marketing Military Companies Products
Egypt >> 9/5/2019 - Minister of State for Military Production Mohamed el Assar discussed with chairman of Algeria’s Constra Globe construction company the possibility of bilateral cooperation on marketing products of Eg...
Trade Minister Praises Economic Ties with Belarus
Egypt >> 9/5/2019 - Trade and Industry Minister Amr Nassar has stressed the important role played by the Egyptian and Belarusian business forums in bolstering relations between the two countries.

This came in an...
Germany's BVMW President Hails Growing Egyptian Economy
Egypt >> 9/5/2019 -  President of the German Mittelstand Association of Small and Medium-Sized Enterprises (BVMW) Mario Ohoven commended the growing Egyptian economy.

He made the remarks on the fringe of a cerem...
Egypt’s Non-Oil Exports Hit $2.02 Bln in July
Egypt >> 9/6/2019 - Egypt's non-petroleum exports rose 2 percent in July to stand at $2.02 billion against $1.976 billion in the corresponding month last year, the General Organization for Import and Export Control (GOEI...
Egypt, Belarus Ink Coop. Deals At End of 6th Joint Committee Session
Egypt >> 9/6/2019 - Egypt and Belarus signed the final protocol of the 6th session of the Egyptian-Belarusian committee for trade, economic, scientific and technical cooperation in Belarus.

The protocol was si...
PM Directs Officials to Exchange Toktoks with Safe, Licensed Vehicles
Egypt >> 9/6/2019 - Prime Minister Mostafa Madbouli directed officials to exchange Toktoks (rickshaw vehicles) with safe and licensed vehicles like the 'minivan' that uses natural gas.

The Ministry of Finance an...
EGX Gains EGP 3.1 Bln Over Past Week
EGX Gains EGP 3.1 Bln Over Past Week Egypt >> 9/6/2019 - The Egyptian Exchange (EGX) indexes gained EGP 3.1 billion over the past week, with the market capital increasing 0.4 percent to EGP 773.3 billion, compared to EGP 770.2 billion the previous week.
...
Dollar Price Down at Egypt's Major Banks
Egypt >> 9/6/2019 - The US dollar exchange rate maintained its downward trend during transactions at major banks , dropping by more than EGP 140 piasters since January.

At the National Bank of Egypt and Banque...
Egypt, Geely Sign Mou for Producing Electric Cars
Egypt >> 9/7/2019 - Egypt’s Minister of State for Military Production Mohamed El-Assar witnessed Friday the signing ceremony of a MoU between the National Organization for Military Production and Chinese Geely Company fo...
UAE Participates in Eastern Economic Forum in Russia
United Arab Emirates >> 9/7/2019 -  Dr. Thani bin Ahmed Al Zeyoudi, Minister of Climate Change and Environment, , concluded the participation of the official UAE delegation in the fifth Eastern Economic Forum,EEF, which was held from S...
SEWA, Finland Discuss Cooperation in Sustainability and Training
United Arab Emirates >> 9/7/2019 - Rashid Al Leem, Chairman of Sharjah Electricity and Water Authority, SEWA, has received Marianne Nissila, Ambassador of Finland to the UAE, and a number of officials to brief them on SEWA’s innovative...

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