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CBE: Egyptian Expat Remittances Increase to $4.4 Bln
Egypt >> 11/4/2019 - The Central Bank of Egypt (CBE) announced that remittances from Egyptians expatriates have increased by 5.5 percent ($227.1 million) in July and August 2019, recording $4.4 billion, up from $4.2 billi...
IMF Size of Informal Economy Declines Globally, Needs More Incentives to Be Contained
Egypt >> 11/4/2019 - The size of the informal economy, according to its share of the GDP, has fallen gradually across all regions globally from 1991 to 2017, according to a recent chart published by the International Mone...
1st Edition of Egytraffic-Africa Expo Kicks off in Cairo
Egypt >> 11/5/2019 - Egypt has made unprecedented progress in improving and upgrading its national road and railway networks, Minister of Trade and Industry Amr Nassar said .

The minister made his remarks durin...
Fifth Edition of Global Islamic Economy Summit to Be Held Under Expo 2020 Dubai Umbrella
United Arab Emirates >> 11/5/2019 - Under the directives and patronage of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, the fifth edition of the Global Islamic Economy Summit, GIE...
Vodafone Global Enterprise Buys Egypt's VIS at EGP 1 Bln Investments
United Arab Emirates >> 11/6/2019 - Vodafone Global Enterprise for telecommunications and information technology services has purchased Vodafone Egypt for International Services (VIS) in a deal worth EGP 1 billion.

The move f...
DFM Posts Net Profit of AED 95.5 Million in First Nine Months Of 2019
Egypt >> 11/6/2019 - The Dubai Financial Market, DFM, today announced its financial results for the first nine months of the year ending 30th September, 2019, registering a net profit of AED95.5 million, an eight percent ...
Ministry of Economy, Dubai Future Foundation Join Forces to Spread Knowledge of Scientific Content
United Arab Emirates >> 11/6/2019 -  The Ministry of Economy and the Dubai Future Foundation, today signed a Memorandum of Understanding, MoU, to promote the dissemination of knowledge and scientific content in Arabic, this to develop f...
CBE Governor: Banking Sector Set to Pump EGP 4 Trillion into Egypt’s Projects
Egypt >> 11/7/2019 - The Egyptian banking sector enjoys huge liquidity, exceeding EGP four trillion, and is ready to pump it into different projects, especially startups, Governor of the Central Bank of Egypt (CBE) Tarek ...
Investment for Africa Forum A Chance to Promote Joint Venture Opportunities
Investment for Africa Forum A Chance to Promote Joint Venture Opportunities Egypt >> 11/7/2019 - Egypt's Minister of Investment and International Cooperation Sahar Nasr said the Investment for Africa Forum, which is scheduled to be held in Cairo 22 November, is a window of opportunity for the Afr...
Kuwait Central Bank: Money Supply Rose 1.4 Percent in September
Kuwait >> 11/7/2019 - Money supply (M2) rose 1.4 percent in September on monthly basis recording KD 38 billion (USD 125.5 billion), the Central Bank of Kuwait (CBK) said .

The CBK economic research department rep...
Egypt, France Enjoy Distinguished Economic Ties
Egypt >> 11/7/2019 - Communications and Information Technology Minister Amr Talaat said that Egypt and France enjoy deeply-rooted and distinguished economic ties.

Talaat’s remarks came during a press confere...
Egypt, Kuwait’s MEASC Sign Mou on Smart City Technology Cooperation
Egypt >> 11/9/2019 - State Minister for Military Production Mohamed Saeed el Assar witnessed the signing ceremony of a memorandum of understanding (MoU) with Kuwait’s MEASC Safe Smart Cities.

The MoU aims to deve...
PM Follows Up Investment Opportunities on Govt Portal for Unified Industrial Map
Egypt >> 11/9/2019 - Prime Minister Mostafa Madbouli reviewed available opportunities on the government portal for the unified industrial investment map.

Getting briefed on a report from Director of the National ...
Trade Minister Opens Destination Africa 2019 Expo
Egypt >> 11/9/2019 - Trade Minister Amr Nassar inaugurated the 4th edition of Destination Africa 2019 textile and garment exhibition.

As many as 150 export companies alongside 230 international buyers from the U...
Egypt, Canada mull promotion of investment opportunities
Egypt >> 11/10/2019 - Industry Minister Amr Nassar and Immigration Minister Nabila Makram held an extensive meeting with a delegation of five Canadian companies to discuss investment opportunities in Egypt.

The me...
Egypt Urges Promoting African Businessmen's Investments
Egypt >> 11/10/2019 - Assistant Foreign Minister for African Affairs Abu Bakr Hefny stressed the importance of encouraging African investment to enhance the continental economic integration.

Hefny, on behalf of F...
High-Level Chinese Delegation Visits Egypt for Talks
Egypt >> 11/10/2019 - A high-level Chinese delegation under Chairperson of the National Committee of the Chinese People's Political Consultative Conference Wang Yang starts a three-day visit to Egypt.

The visit...
Egypt's Finance Ministry Releases FY 2020/21 Budget's Preliminary Statement
Egypt >> 11/11/2019 - Egypt's Minister of Finance Mohamed Maait has announced that the government is targeting positive results for the coming fiscal year regarding financial indices, with a growth rate of 6.4 percent and ...
Egyptian Media Corporation Organizes National Economic Summit Tuesday
Egypt >> 11/11/2019 - A national economic summit is going to kick off under the patronage of Prime Minister Mostafa Madbouly, and with the attendance of more than 40 state officials, as well as economic experts from the p...
Egypt Sells 695 Million Euros Worth of Euro-Denominated T-Bills: Central Bank
Egypt Sells 695 Million Euros Worth of Euro-Denominated T-Bills: Central Bank Egypt >> 11/12/2019 - Egypt sold 695 million euros in one-year euro-denominated treasury bills with an average yield of 1.434%, the central bank said .

In a slimier auction in August, the bank sold 610 million e...

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