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First Saudi Arabia G20 Finance and Central Banks’ Deputies Meeting, Held in Riyadh
Saudi Arabia >> 12/7/2019 - The first G20 Finance and Central Bank Deputies (FCBD) meeting of the 2020, under the Saudi G20 Presidency, was held in Riyadh, Saudi Arabia, 6-7 December, 2019.

The Saudi Minister of Finance...
New Investor Service Centers, Free Zones in Prospect Nationwide: Investment Minister
Egypt >> 12/8/2019 - The Ministry of Investment and International Cooperation is moving forward at a fast pace to establish new investor service centers and free zones at all state governorates, Investment and Internation...
Immigration Minister Hails Expats' Role in Supporting Egyptian Economy
Egypt >> 12/8/2019 - State Minister for Immigration and Expatriates Affairs Nabila Makram has praised a role played by Egyptian expats in supporting the Egyptian economy.

Speaking to reporters , Makram said Egy...
Finance Min.: Digitization Important For Sustainable Development
Egypt >> 12/8/2019 - Finance Minister Mohamed Maait said the political leadership strongly supports the gradual digitization, which is one of the most significant tools to achieve sustainable development.

Speak...
Inflows of Dollar to Egypt Reach $200 Bln in 4 Years: CBE Governor
Inflows of Dollar to Egypt Reach $200 Bln in 4 Years: CBE Governor Egypt >> 12/9/2019 - Inflows of US dollar to Egypt have amounted to some 200 billion over the past four years, said Tarek Amer, governor of The Central Bank of Egypt (CBE).

Amer's statements came during a spee...
USAID Praises Egypt’s Economic, Social Reforms
Egypt >> 12/9/2019 - Deputy Assistant Administrator for the Middle East region at the United States Agency for International Development (USAID) Andrew Plitt has praised Egypt’s economic and social reforms and the procedu...
Egypt, Germany Sign EGP 36 Mln Grant Agreement in Agricultural Production Monday
Egypt, Germany Sign EGP 36 Mln Grant Agreement in Agricultural Production Monday Egypt >> 12/9/2019 - Egypt and Germany have signed an EGP 36 million grant agreement on quality assurance in agricultural production.

The agreement was signed by Egypt’s Minister of Investment Sahar Nasr and the...
Egypt, Belarus Sign Three Cooperation Agreements
Egypt >> 12/10/2019 - Minister of State for Military Production Mohamed Saeed Assar and Minister of Industry of Belarus Pavel Utupin witnessed the signing of three memorandums of understanding between the Ministry of Milit...
Riseup Announces Startup Competition Winners, Yanzo Walks Away With $60,000
Egypt >> 12/10/2019 - RiseUp has announced the winners of its first multi-stage, regional startup pitch competition, Pitch by the Pyramids, at the Great Pyramids of Giza late, in alignment with RiseUp Summit 2019.

...
Heavy Industry a Vital Component in UAE’s Economic Diversification Agenda
United Arab Emirates >> 12/10/2019 - Dr. Matar Al Neyadi, Under-Secretary of the UAE Ministry of Energy and Industry, has inaugurated the Middle East Iron and Steel Conference 2019 in Dubai.

The conference, which will take pl...
Automotive Companies Turn To Social Media for Marketing
Egypt >> 12/10/2019 - Dealers in the automotive sector believe that social media has become a marketing platform for cars in a way that now rivals annual exhibitions where brands participate to display their products, the ...
Egypt's Annual Urban Consumer Inflation Rises to 3.6% in November
Egypt >> 12/10/2019 - Egypt’s annual urban consumer price inflation rose to 3.6% in November from 3.1% in October, the official statistics agency CAPMAS said .

Egypt, whose annual inflation rate increased to 33%...
Egypt's New Sovereign Fund Cherry-Picks Assets to Lure Investors
Egypt >> 12/11/2019 - Egypt’s newly formed sovereign wealth fund plans to take control of some of the government’s most promising assets in industries such as power and real estate, to bring in private investors to develop...
Int'l Foundations Praise Egypt's Experiment in Applying Performance-Based Budgeting
Egypt >> 12/15/2019 - Head of the Budget Sector at the Ministry of Finance Mohamed el Sobky said international foundations, including the International Monetary Fund (IMF) and the World Bank, have praised the Egyptian expe...
Hermes: Egypt's Economy to Become More Strong in 2020
Egypt >> 12/15/2019 - Hermes Financial Group, one of the leading investment banks in the Middle East and Africa, expected that the Egyptian economy will become more strong and will be based on solid grounds in 2020 thanks ...
CAPMAS :Trade Balance Deficit Down By 28.7% in September
Egypt >> 12/15/2019 - Egypt's trade balance deficit dropped by 28.7 percent in September 2019, recording USD 3.49 billion, compared to USD 4.90 billion in the same month of 2018, said the Central Agency for Public Mobiliza...
Al-Futtaim to Invest EGP 2 Bln in Extension to Cairo Festival City Mall
Egypt >> 12/15/2019 - Dubai-based developer Al-Futtaim is investing EGP 2 billion in an extension for Cairo Festival City Mall which will house 120 new shops, the company said at a press conference.

“The 22,143-...
Egypt's Economy to Become More Strong in 2020 – Hermes
Egypt >> 12/15/2019 - Hermes Financial Group, one of the leading investment banks in the Middle East and Africa, expected that the Egyptian economy will become more strong and will be based on solid grounds in 2020 thanks ...
Int'l Foundations Praise Egypt's Experiment in Applying Performance-Based Budgeting
Egypt >> 12/15/2019 - Head of the Budget Sector at the Ministry of Finance Mohamed el Sobky said international foundations, including the International Monetary Fund (IMF) and the World Bank, have praised the Egyptian expe...
UAE and Egypt to Strengthen Trade Relations, Boost Bilateral Exports
United Arab Emirates >> 12/16/2019 - The UAE and Egypt have agreed to strengthen trade relations and boost bilateral exports between the two countries through a Memorandum of Understanding signed between Etihad Credit Insurance, ECI, the...

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