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Foreign Indebtedness Poses No Danger to National Economy
Algeria >> 10/7/2019 - Resorting to foreign indebtedness poses no danger to the national economy, provided that the previously announced conditions are met, notably the targeting of profitable economic projects, said Sunday...
1,523 Ships Transited Suez Canal in September
Egypt >> 10/7/2019 - Up to 1,523 ships, carrying about 98.9 million tons crossed the Suez Canal from both directions in September, compared to 1,501 ships during the same month in the past year, Chairman of the Suez Canal...
Swiss Investments in Egypt Reach 700 Million Swiss Francs in The Past 40 Years
Egypt >> 10/7/2019 - The Swiss Embassy in Cairo announced that the volume of Swiss investments in Egypt over the past 40 years has hit 700 million Swiss francs.

These investments are placed in more than 200 proje...
Bahrain Records 0.84% Economic Growth During Second Quarter of 2019
Bahrain >> 10/7/2019 - Bahrain's economy recorded a real growth of 0.84% in the second quarter of 2019 and 1.76% in current prices compared to the same period of the previous year, the Information & eGovernment Authority (i...
UAE First Globally For Air Trade Facilitation, Tops ME for Visa Openness
United Arab Emirates >> 10/8/2019 - UAE is ranked first globally for air trade facilitation and tops the Middle East region for visa openness, according to the International Air Transport Association.

This came as IATA presente...
Egypt's Budget Deficit Declined to EGP 39 Bln in July
Egypt >> 10/8/2019 - Egypt's budget deficit declined to EGP 39.172 billion in July 2019 compared to EGP 51.514 billion in the same month of 2018, the finance ministry said .

The budget deficit declined by 0.6 per...
65 Egyptian Investors Abroad to Attend 'Egypt Can' Conference Next Week
Egypt >> 10/8/2019 - The organising committee of the fifth “Egypt Can” conference, chaired by Migration Minister Nabila Makram and Planning Minister Hala Al-Saeed, have released the final agenda of the conference, titled ...
Egypt, France Ink Two Grant Agreements Worth €71 Mln
Egypt >> 10/8/2019 - Egypt’s ministers of investment and electricity inked two grant agreements with the French Development Agency (FDA) that aim to boost Egypt’s energy and natural gas sectors with a total of €71 millio...
Agreement to Export Saudi Dates to South Korea Signed
Saudi Arabia >> 10/8/2019 - A Saudi dates company signed an agreement with a Korean company to export dates to South Korea for a period of up to five years. The signing ceremony was held at the headquarters of the Council of Sa...
Egypt-Korea Business Council Holds First Meetings in Cairo
Egypt >> 10/8/2019 - After being restructured, the Egyptian-Korean Business Council has held its first session's meetings in Cairo, co-chaired by Minister of Trade and Industry Amr Nassar and Kim Young-sang.

"T...
Egypt-Portugal Investments Hit Over $450 Million – FEDCOC
Egypt >> 10/8/2019 - President of the Federation of the Egyptian Chambers of Commerce (FEDCOC) Ibrahim El Arabi said the volume of investments between Egypt and Portugal amounted to more than $450 million.

He m...
UAE Delegation to Visit Vietnam Next Week
United Arab Emirates >> 10/9/2019 - The Ministry of Economy is organising the official visit of a senior commercial delegation to Vietnam, led by Sultan bin Saeed Al Mansouri, Minister of Economy, to discuss ways of reinforcing the econ...
UAE Leads MENA Region, Ranks 25th Globally in Global Competitiveness Report 2019
Egypt >> 10/9/2019 - The UAE ranked first in the Arab World and 25th globally in the Global Competitiveness Report, 2019, released by the World Economic Forum, Davos,

According to the report, which assesses the ...
Dubai’s Foreign Trade in IT Doubles in 10 Years to AED231 Bn
United Arab Emirates >> 10/9/2019 -  Dubai almost doubled its foreign trade value in IT and telecom industry over the past decade, recording a growth of 97 percent from AED117 billion in 2009 to AED231 billion in 2018, according to stat...
Sharjah Chamber Holds UAE-Moroccan Forum to Discuss Economic Cooperation
United Arab Emirates >> 10/9/2019 - In cooperation with the Moroccan Embassy in Abu Dhabi, the Sharjah Chamber of Commerce and Industry, SCCI, today organised the UAE-Moroccan Business Forum to discuss economic relations and ways to boo...
Egypt, Belarus Mull Means For Encouraging Local Motor Industry
Egypt >> 10/9/2019 - Minister of State for Military Production Mohamed Saeed el Assar discussed with 'Minsk Motor Plant' of Belarus means of encouraging the local motor industry in cooperation with Helwan Diesel Engines C...
Egypt Improves One Spot to 39th Rank in 2019 Global Competitiveness Index
Egypt >> 10/9/2019 - Egypt ranked 39th in the Global Competitiveness Index, up from 40th in 2018, and ninth among Arab countries, according to the Global Competitiveness Report for 2019 issued by the World Economic Forum....
EGX's Trading Fees and Commissions Decrease Considered: FRA Deputy Chairman
EGX's Trading Fees and Commissions Decrease Considered: FRA Deputy Chairman Egypt >> 10/9/2019 - Deputy Chairman of the Financial Regulatory Authority (FRA) Khaled El-Nashar said on Tuesday that the Egyptian Exchange (EGX) is considering decreasing its trading’s fees and commissions in the sake o...
Kuwait's Economic Steps in Right Direction
Kuwait >> 10/10/2019 - The World Bank has lauded economic steps that have been taken by the Kuwaiti Government for boosting the private sector saying these moves "are on the right track.

" The Kuwaiti Government is...
Egypt's AOI Signed Mou with Two Russian Companies
Egypt >> 10/10/2019 - The Arab Organization For Industrialization (AIO) signed a memorandum of understanding with the Russian companies of Almaz and Azimut.

Trade and Industry Minister Amr Nassar, his Russian cou...

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