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DME Registers 21% Increase in Exchange Trading Volume
United Arab Emirates >> 11/12/2019 - Dubai Mercantile Exchange, DME, the international energy futures exchange in the Middle East, today announced a 21 percent increase year-on-year in exchange trading activities, along with 172 percent ...
Egypt Must Overcome Challenges for Economic Reforms to Succeed
Egypt >> 11/12/2019 - Former head of the Egyptian Financial Supervisory Authority (FSA) Hani Sarie El-Din has said that despite all the positive outcomes from Egypt’s economic reform programme, especially over the past two...
Rabie Receives Russian Deputy Minister of Industry and Trade
Egypt >> 11/12/2019 - Lt. Gen. Osama Rabie, Chairperson of Suez Canal Authority, received at the Guidance Building in Ismailia, Russian Deputy Minister of Industry and Trade Oleg Ryazantsev, accompanied by the leaders of ...
PM Welcomes Choosing Egypt as Premises of Arab Union of Arbitration for Economic Disputes
Egypt >> 11/13/2019 - Prime Minister Mostafa Madbouli welcomed choosing Egypt as premises of the Arab Union of Arbitration for Investment and Economic Disputes.

This came during Madbouli's meeting with the union'...
MP Abou El-Enin: Egypt Has Created Healthy Environment for Investment
Egypt >> 11/13/2019 - Egyptian MP Mohamed Abou El-Enin says that development is vital for the industry in Egypt, and that the country is currently witnessing economic prosperity as evidenced by the praise international cor...
Adnoc’s in-Country Value Program to Drive over Aed26 Bn into Uae Economy in 2019
United Arab Emirates >> 11/13/2019 - The Abu Dhabi National Oil Company,ADNOC, announced its In-Country Value, ICV, Program has driven more than AED 26 billion ($7 billion) back into the UAE economy in 2019, bringing its total ICV spend,...
Egypt, Germany Trade Exchange Records $3.662 Billion in 2019
Egypt >> 11/13/2019 - Egypt's Minister of Trade and Industry Amr Nassar said trade relations between Egypt and Germany witnessed tangible developments during the first nine months of 2019, as trade exchange between the two...
Egypt among the Most Attractive Countries for Investment
Egypt among the Most Attractive Countries for Investment Egypt >> 11/13/2019 - Director of Investment and Enterprise at the United Nations Conference on Trade and Development (UNCTAD) James Zhan said that Egypt is among the most investment-attractive countries in the world.
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Egypt Has Created Healthy Environment for Investment: MP Abou El-Enin
Egypt >> 11/13/2019 - Egyptian MP Mohamed Abou El-Enin says that development is vital for the industry in Egypt, and that the country is currently witnessing economic prosperity as evidenced by the praise international cor...
Egypt's Central Bank Set to Review Interest Rates on Thursday
Egypt >> 11/13/2019 - The Central Bank of Egypt's (CBE) Monetary Policy Committee (MPC) is scheduled to review its key lending and deposit interest rates during its much anticipated meeting .

The committee's upcom...
Egypt, Switzerland Sign Memorandum on Mine Clearance
Egypt, Switzerland Sign Memorandum on Mine Clearance Egypt >> 11/14/2019 - Egypt and Switzerland signed a Memorandum of Understanding (MoU) between the Executive Secretariat for Mine Clearance and the Development of the North West Coast of Egypt, affiliated to the Ministry o...
Egypt, UAE Establish $ 20 Bn Strategic Investment Platform
Egypt >> 11/15/2019 - Egypt and the UAE are due to establish a strategic investment platform that is worth 20 billion dollars for joint investment in various fields and assets through Abu Dhabi Developmental Holding Compan...
CBE Cuts Deposit, Lending Rates by 100 Basis Points
CBE Cuts Deposit, Lending Rates by 100 Basis Points Egypt >> 11/15/2019 - The Monetary Policy Committee of the Central Bank of Egypt (CBE) decided to cut overnight deposit rate, overnight lending rate, and the rate of the main operation by 100 basis points to 12.25 percent,...
16 Egyptian Firms Partake In Werpex Expo in Kenya
Egypt >> 11/15/2019 - As many as 16 Egyptian companies have taken part in the 4th International Exhibition for Water, Electricity, Renewable Energy and Power Technologies (WERPex), which was held on November 11-13 in the K...
Egypt Back to Int'l Bond Market by Issuing $ 2bn Bonds
Egypt >> 11/15/2019 - Finance Minister Mohamed Ma'eet said that Egypt has returned to the international bond market by issuing 2 billion dollar bonds in three tranches.

The issuance included 500 million dollars of...
UAE Eyes Growth Trends in Sub-Sahara Africa
United Arab Emirates >> 11/16/2019 - Growing momentum behind regional integration, economic reforms, technological advances and infrastructure development are among the key factors fuelling business growth in sub-Sahara Africa, according...
Tawazun Economic Council to Establish Four New Regional Centres in UAE
United Arab Emirates >> 11/16/2019 -  As part of their ongoing commitment to enable the UAE’s defense and security industry, Tawazun Economic Council, "Tawazun," announced plans to establish four new regional centers, bringing to nine th...
Saudi Aramco Sets the IPO Price Range between 30 and 32 Riyals per Share
Saudi Arabia >> 11/17/2019 - Saudi Aramco announced today the offer price range for the offering, as well as the commencement of the institutional book-building period and the retail offering period; as per the following offer de...
Jordan, Kuwait to Hold Business Forum in Amman
Jordan >> 11/17/2019 - Jordan's chambers of commerce and industry will hold a Jordanian-Kuwaiti business forum on Monday here, in cooperation with Kuwait Chamber of Commerce and Industry (KCCI), to discuss ways to develop t...
UAE Is Sri Lanka’s Largest Trading Partner in ME; 6th Largest Source of FDI: Foreign Secretary
United Arab Emirates >> 11/17/2019 - The United Arab Emirates is the sixth largest source of the Foreign Direct Investment, FDI, inflows to Sri Lanka, and its largest trading partner in the Middle East with bilateral trade representing m...

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