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Egypt & Ghana mull boosting relations
Egypt >> 11/20/2019 - The African affairs committee of the House of Representatives, headed by Tarek Radwan, discussed with Ghanaian Ambassador to Egypt Winfred Nii ways of bolstering bilateral relations in several fields...
Logistics Essential for Successful Intra-Africa Trade
Egypt >> 11/24/2019 - Public Business Sector Minister Hesham Tawfiq said the provision of logistics is a key factor for a successful intra-Africa trade.

The minister participated in a session held under the activi...
Trade Exchange Between Egypt, Nile Basin Countries Increased By 25.4% in 2018
Egypt >> 11/24/2019 - The volume of trade exchange between Egypt and the Nile Basin countries reached dlrs 1.872 bn in 2018, compared to dlrs 1.493 bn in 2017, with an increase of 25.4%, according to the Central Agency for...
CAPMAS:Trade exchange bet. Egypt, CEN-SAD rose by 11.9% in 2018
Egypt >> 11/24/2019 - The volume of trade exchange between Egypt and the Community of Sahel-Saharan States (CEN-SAD) increased by 11.9% during 2018, recording $4.232 billion, compared to $3.783 billion in 2017, the Central...
Egypt Witnesses Remarkable Growth in Agriculture, Industry: Sisi
Egypt >> 11/24/2019 - Egypt is witnessing a remarkable growth at the agricultural and industrial levels, President Abdel Fattah El Sisi said.

This growth has been achieved in spite of the difficulty of luring inve...
CBE Launches Initiative for E-Collection of Mortgage Installments
CBE Launches Initiative for E-Collection of Mortgage Installments Egypt >> 11/25/2019 - The Central Bank of Egypt (CBE), in cooperation with the Social Housing Fund, launched an initiative to collect the installments of mortgage and home loans electronically with the partnership of mort...
First Saudi-UAE Banks Conference Discusses Challenges, Opportunities across Banking Sector
United Arab Emirates >> 11/25/2019 - The first joint conference between bank officials in Saudi Arabia and the United Arab Emirates, UAE, convened in Riyadh to deliberate key challenges and opportunities in areas of direct impact on the...
Banque Misr Signs €500 Mln Credit Facility Deal With EIB for Financing Smes
Egypt >> 11/25/2019 - Banque Misr and the European Investment Bank (EIB) signed a credit facility agreement worth 500 million euros to be used in financing the small and medium-sized enterprises (SMEs).

The deal ...
Central Banks Must Reinforce Their Independence to Ensure Their Sound Operation: IMF
Central Banks Must Reinforce Their Independence to Ensure Their Sound Operation: IMF Egypt >> 11/26/2019 - Independence is the key principle in ensuring the sound operation of central banks all over the world given their role in achieving price-stability, according to a research paper released by the Inte...
Fitch Keeps Egypt's Credit Rating at B+, With a Stable Forecast
Egypt >> 11/26/2019 - Fitch Ratings announced on Monday that it is maintaining Egypt's long-term foreign-currency (LTFC) Issuer Default Rating (IDR) at a ‘B+' with a stable outlook.

Fitch said that the rating is...
Economic Committees Announces Three-Day Work Stoppage to Press for Government Formation
Lebanon >> 11/26/2019 -  Head of the Beirut Merchants Association, Nicolas Chammas, announced Tuesday that the Economic Committees have decided to stop work for three days amid the hard currency crisis in the country.
President Sisi Opens July 3rd Tunnels in Southern Port Said
Egypt >> 11/26/2019 - President Abdel Fattah El Sisi opened July 3rd tunnels in southern Port Said.

The project is one of the major national projects in Egypt connecting Port Said with Sinai.

The pre...
Sisi: We Work on Establishing Msmes to Curb Imports
Sisi: We Work on Establishing Msmes to Curb Imports Egypt >> 11/26/2019 - President Abdel Fattah El Sisi said Tuesday that the state has been working on establishing micro, small and medium-sized enterprises (MSMEs) to display their products before businessmen and investors...
Sisi: 300,000 Operations Conducted In One Year at EGP 2 Billion
Sisi: 300,000 Operations Conducted In One Year at EGP 2 Billion Egypt >> 11/26/2019 - President Abdel Fattah El Sisi said the State is focusing in the current stage on the health and economic sectors.

While opening several development projects via video conference, Sisi interr...
Sisi: State Spending Huge Funds for Preparing Economic Zone Lands
Sisi: State Spending Huge Funds for Preparing Economic Zone Lands Egypt >> 11/26/2019 - President Abdel Fattah El Sisi said the state is spending huge funds on economic zone lands to encourage investments.

While opening infrastructure projects in Port Said via video conference, ...
Egyptian Non-Petroleum Imports Fall in September 21% Y
Egypt >> 11/26/2019 - The General Organization for Import and Export Control (GOEIC) on Tuesday said that Egyptian non-petroleum imports went down in September by 21 percent.

In a statement, the GOEIC said the val...
Ministry of Economy Launches New Development Plan to Support Young Innovative Companies
United Arab Emirates >> 11/27/2019 -  The Ministry of Economy has launched a new plan to develop the National Programmer to Support Young Innovative Companies to stimulate national entrepreneurship and increase the number of projects in ...
Ministry of Economy Launches New Development Plan to Support Young Innovative Companies
United Arab Emirates >> 11/27/2019 -  The Ministry of Economy has launched a new plan to develop the National Programmer to Support Young Innovative Companies to stimulate national entrepreneurship and increase the number of projects in ...
Dubai Economy to Unveil ‘Young Economist Challenge’ At the UAE Economic Forum 2019
United Arab Emirates >> 11/27/2019 - Dubai Economy has announced the launch of the "Young Economist Challenge", an innovative competition aimed at engaging students across universities in the UAE by providing them with the opportunity to...
Egypt Signs "Yaoundé Declaration" on Tax Transparency: FM
Egypt >> 11/27/2019 - Egypt has signed the "Yaoundé Declaration" during the 10th Anniversary Meeting of the Global Forum on Transparency and Exchange of Information for Tax Purposes in Paris, the Ministry of Finance announ...

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