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Egypt, EIB Sign 5-Point Agreement Cooperation
Egypt >> 2/8/2020 - Egypt and the European Investment Bank (EIB) signed a joint agreement outlining five points of cooperation during the coming period, including backing the funding of public and private sectors and exp...
Egypt Extends Imported Wheat Moisture Limit Specs for another Year
Egypt >> 2/8/2020 - Egypt, the world’s largest wheat buyer, has extended its imported wheat moisture limit specifications of 13.5 percent until April 2021, the trade ministry said .

Ashraf Afifi, chairman of the...
Kuwait Bourse Ends Sunday's Trading in Red Zone
Kuwait >> 2/9/2020 - Boursa Kuwait ended trading Sunday in red zone as the Premier Market Index went down by 24.85 points to reach 6,958.86 points.

The Main Market Index also dropped by 19.13 points to reach 4,8...
International Cooperation Ministry, European Investment Bank Discuss Supporting Egypt's Agenda 2030
Egypt >> 2/9/2020 - A delegation from the European Investment Bank (EIB) finished a visit to Egypt that adressed boosting Egypt’s economic development in line with the country's strategy for 2030.

The visit wa...
Emirates NBD Remains UAE’s Top Banking Brand, Valued at US$4.13 Billion
United Arab Emirates >> 2/9/2020 - Emirates NBD continues to be the UAE’s most valuable banking brand, with a brand valuation of US$4.13 billion, as stated in the latest edition of The Banker's annual brand valuation league table.
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Emaar Malls Closes 2019 With 5% Growth in Revenue
United Arab Emirates >> 2/9/2020 - Emaar Malls, the shopping malls and retail business majority-owned by Emaar Properties, recorded a five percent increase in revenue to AED4.673 billion (US$1.272 billion), compared to AED4.446 billion...
Egyptian-Jordanian Delegation to Visit Iraq, Boosting Trilateral Cooperation
Egypt >> 2/9/2020 - Egypt's Minister of International Cooperation Rania El-Mashat announced that a delegation involving the Egyptian Ministry of International Cooperation and the Jordanian Ministry of Industry, Trade and...
Egypt's PM Urges Better GAFI Performance
Egypt >> 2/10/2020 - Egypt's Prime Minister Mostafa Madbouly stressed the necessity to improve the performance of the General Authority for Investment and Free Zones (GAFI) to find solutions to problems facing serious inv...
Dubai Global Capital for Shaping Future of New Economy, Hamdan Bin Mohammed Says
United Arab Emirates >> 2/10/2020 -  H.H. Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of Dubai Executive Council, and Chairman of the Board of Trustees of Dubai Future Foundation said that succes...
UAE Stocks Close in Green Monday
United Arab Emirates >> 2/10/2020 - The UAE's two main bourses rallied today driven by selective purchases targeting a number of blue chips at the property and banking sectors amidst positive sentiments created by the financial statemen...
AED22 Billion Surplus Liquidity Withdrawn by UAE Central Bank in 2019
United Arab Emirates >> 2/10/2020 - The value of the liquidity withdrawn by the Central Bank of the UAE, CBUAE, from the market in 2019 totalled AED22 billion, highlighting the surplus liquidity in the UAE’s banking system.

T...
PM Follows Up Implementation of 1.5 Mn Feddan Project
Egypt >> 2/10/2020 - Prime minister Mostafa Madbouli has reiterated the state keenness on supporting and encouraging agricultural and land reclamation projects to expand farmlands nation-wide.

Madbouli's statem...
El Mashat: Gov’t Targets Boosting Multilateral Partnerships to Achieve Egypt’s Vision 2030
Egypt >> 2/10/2020 - International Cooperation Minister Rania el Mashat said that her ministry was focusing on boosting the multilateral partnerships with other governments, international economic policy makers, developme...
CBE Waives EGP 48.5 Bln in Installed Enterprise and Factory Debts
Egypt >> 2/11/2020 - The Central Bank of Egypt (CBE) has waived EGP 48.5 billion worth of debts and interest payments for installed factories and enterprises in line with the CBE's initiative to alleviate debts for instal...
EIB Finances Expansion of Alexandria West WWTP
Egypt >> 2/11/2020 - The European Investment Bank (EIB) has signed a financing agreement of EUR 120 million with Egypt to support the expansion and upgrade of the Alexandria West Waste Water Treatment Plant (WWTP).
Tunisia's Foreign Currency Reserves Rise to High Level Since 2016
Tunisia >> 2/11/2020 - Tunisia’s foreign currency reserves rose to 19.8 billion dinars, the equivalent of 114 days of imports, official data showed , boosted by growth of the tourism sector and remittances from Tunisians ab...
CBE: Annual Inflation Rate Up To 2.7% in January
CBE: Annual Inflation Rate Up To 2.7% in January Egypt >> 2/11/2020 - The Central Bank of Egypt (CBE) announced that Egypt's Annual core inflation rate upped to 2.7 percent in January from 2.4 percent in December 2019.

On a monthly basis, the consumer price...
Egypt's Sisi Discusses Cooperation with Bechtel and BP
Egypt >> 2/11/2020 - President Abdel-Fattah El-Sisi met with the CEO of Bechtel Corporation, Brendan Bechtel, in Cairo , and discussed ways to boost cooperation with the US firm.

El-Sisi expressed his appreciatio...
International Finance Corporation Invested $4 Bln in Egypt over Past Decade: Country Manager
Egypt >> 2/12/2020 - The International Finance Corporation (IFC) invested $4 billion over the past decade in Egypt, said IFC Country Manager for Egypt, Libya and Yemen Walid Labadi. He stated that the corporation is commi...
Egypt Talking To IMF about Technical Assistance: Central Bank
Egypt Talking To IMF about Technical Assistance: Central Bank Egypt >> 2/12/2020 - Egypt is in talks with the International Monetary Fund (IMF) about technical assistance on non-financial structural reforms, the central bank governor said .

Egypt signed a three-year, $12 ...

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