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Madbouli Opens Investor Service Center in Port Said
Egypt >> 9/20/2019 - Prime Minister Moustafa Madbouli opened the Investor Service Center in Port Said governorate in the presence of Investment Minister Sahar Nasr and Port Said Governor Adel el Ghadban along with a numb...
Dubai Investment Week to Boost Investor Confidence: Hamdan Bin Mohammed
United Arab Emirates >> 9/21/2019 - H.H. Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of Dubai Executive Council, emphasised that Foreign Direct Investment flows into Dubai in 2019 continued to gr...
Egypt, EU Discuss Funding Agricultural Projects
Egypt >> 9/21/2019 - Minister of Agriculture and Land Reclamation Ezz Eddin Abu Steit has discussed with EU Ambassador in Cairo Ivan Surkos the bloc-funded agricultural projects, as part of the 2020 Egyptian-European part...
Kuwait Bourse Indices Post Substantial Gains
Kuwait >> 9/22/2019 - Boursa Kuwait kicked off the new week trades with the All Share Market Index gaining 124 points and settling at the level of 5,676.5 points, climbing by 2.2 percent.

Volume o traded shares u...
OTC Trades Rise to 31.5 Mln Shares Last Week
Kuwait >> 9/22/2019 - Trades on over the counter platform (OTC) developed by Boursa Kuwait saw a rise with 31.5 million shares traded last week, with a value of KD 215,6 thousand through 37 deals last week.

Accor...
AED2983.4 Billion Total Gross Bank Assets in August: Central Bank
United Arab Emirates >> 9/22/2019 - The UAE Central Bank has announced that gross bank assets, including bankers’ acceptances, rose by 0.3 percent, increasing from AED 2975.8 billion at the end of July 2019, to AED2983.4 billion at the ...
Egypt’s Planning Ministry Aims to Increase Country’s Workforce to 31.7 Mln in FY 2019/2020
Egypt >> 9/22/2019 - Egypt’s Ministry of Planning, Monitoring, and Administrative Reform has announced the sustainable development plan’s second year objectives for Egypt’s labour force and unemployment rates in fiscal ye...
Egypt to Host Meetings of Emerging Markets, WFE for First Time
Egypt >> 9/22/2019 - Chairman of the Financial Regulatory Authority (FRA) Mohamed Omran said that Egypt will host meetings of emerging markets in the Greater Middle East (GEM) region and the World Federation of Exchange...
Egypt-US Trade Exchange Up 8 Percent in 1st Half of 2019
Egypt >> 9/22/2019 - The volume of trade exchange between Egypt and the US hit $ 3.7 billion in the first half of 2019 against $ 3.4 billion in the corresponding period in 2018, according to the Central Agency for Public ...
Egypt's Non-Petroleum Exports Hit $1.9 Bln in August
Egypt >> 9/23/2019 - Egypt's non-petroleum exports have increased by 75 million dollars in August to reach 1.964 billion dollars against 1.619 billion dollars in the corresponding month last year, said the General Organiz...
Economic Ministerial Committee Reviews Structural Reform Program
Egypt >> 9/23/2019 - Prime Minister Mostafa Madbouli on Sunday chaired a meeting of the Economic Ministerial Committee to review a structural reform program aiming to push the national economy forwards in line with Egypt ...
Volume of Trade Exchange Between Egypt, China Hits $7.69 Billion in Seven Months
Egypt >> 9/23/2019 - China's General Administration of Customs said the volume of trade exchange between Egypt and China hit $7.69 billion from January to July; a 2.1% rise on annual basis.

In a statement on Mond...
Thomas Cook Operator in Egypt Says 25,000 Bookings Cancelled Following Bankruptcy
Egypt >> 9/23/2019 - Thomas Cook operator Blue Sky Group said that 25,000 reservations in Egypt booked up to April 2020 had been cancelled after the British tour group announced bankruptcy.

In a statement sent to...
Morocco Central Bank Holds Benchmark Interest Rate At 2.25%
Morocco >> 9/24/2019 -  Morocco’s central bank kept its benchmark interest rate unchanged at 2.25 , saying current borrowing costs were in line with the medium-term prospects of inflation, growth and public finances.
Economic Committees: Private Sector Falling Like Dominoes
Lebanon >> 9/24/2019 -  The Economic Committees warned of the deterioration of the economic sectors in Lebanon, on top of which the private sector which "is falling like dominoes."

"This is a deep and dangerous cri...
EGX Gains EGP 13 Billion
Egypt >> 9/25/2019 - The Egyptian Exchange (EGX) indexes went up after what analysts termed as "unjustified drop."

The market capital recorded gains estimated at EGP 13 billion to reach EGP 678.4 billion.

...
Monetary Policy Committee to Review Central Bank of Egypt Interest Rates Thursday
Egypt >> 9/25/2019 - The Central Bank of Egypt's (CBE) Monetary Policy Committee (MPC) is to convene its monthly meeting to announce its decision on whether interest rates will be cut or fixed for deposits and lending.
UAE Ministry, Organizations Work Together to Boost Exports
United Arab Emirates >> 9/25/2019 - The UAE Ministry of Economy, MOE, and the UAE Federal Export Credit company, Etihad Credit Insurance, ECI, announced their joint commitment towards supporting UAE exporters and investors.

Thi...
Mof Organises Workshop to Introduce Its Smart Screens System
United Arab Emirates >> 9/25/2019 - As part of its ongoing efforts to bolster joint coordination with other federal entities to drive digital transformation in the UAE, the Ministry of Finance, MoF, has held a workshop to introduce smar...
5 And 10-Year T-Bonds Succeeded Due To Egypt’s Economic Strength: Cabinet
Egypt >> 9/25/2019 - The Egyptian cabinet’s media centre said on Wednesday that investors are eager to purchase the five- and 10-year treasury bonds (T-bonds), which reflects Egypt’s economic strength and the success of t...

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