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E-Dirham Government Services Revenue Reaches AED22.11 Billion In 2019
United Arab Emirates >> 2/12/2020 - The e-dirham government services revenue exceeded AED22 billion, with AED13 billion coming from the e-dirham system and AED9 billion from service points, respectively, in 2019.

The total nu...
Sisi: Egypt Keen to Benefit from US Expertise in Several Fields
Sisi: Egypt Keen to Benefit from US Expertise in Several Fields Egypt >> 2/12/2020 - President Abdel Fattah El Sisi hailed the activities of the international Bechtel Corporation in Egypt and the ongoing cooperation between both sides, stressing Egypt's keenness to benefit from the US...
PM Affirms Importance of Boosting Coop. With EBRD
Egypt >> 2/13/2020 - Prime Minister Mostafa Madbouli affirmed the importance of promoting cooperation with the European Bank for Reconstruction and Development (EBRD) during the coming period in the seawater desalination...
PM Follows Up Project to Digitize Health Insurance System
Egypt >> 2/13/2020 - Prime Minister Mostafa Madbouli chaired a meeting to follow up work progress in a project for digitizing the comprehensive health insurance system.

During the meeting, Communications and I...
High-Level Conference on Learning in Middle East & Africa Kicks Off
Egypt >> 2/13/2020 - The High-Level Conference on Accelerating Learning in the Middle East and Africa opened under the auspices of President Abdel Fattah El Sisi.

The two-day event is organized by the Ministry ...
Assar: Egypt Welcomes Foreign Investments
Egypt >> 2/13/2020 - Minister of State for Military Production Mohamed Saeed el Assar said on Wednesday Egypt welcomes foreign investments to help achieve hoped-for overall development to boost stability and increase grow...
Kuwait Banks Can Withstand Domestic, External Challenges - CBK Gov.
Kuwait >> 2/13/2020 - Kuwait banking sector is solid and capable of withstanding domestic or external financial challenges that might have impacts on national economy, the Arab Gulf country's top banker has said.

...
IMF to Offer Lebanon Technical Know-How on Facing Economic Risks
Lebanon >> 2/13/2020 - The International Monetary Fund (IMF) said on Wednesday it plans to offer Lebanon advice and technical expertise on challenges affecting the country's economy.

The announcement comes after t...
Egypt Proceeds with Second Phase of Economic Reform Program
Egypt >> 2/14/2020 - Finance Minister Mohamed Maait has said that Egypt is proceeding with the second phase of the economic reform program.

This phase focuses on going ahead with structural reforms to strengthe...
29 Int’l Deals Inked in EGYPS 2020
Egypt >> 2/14/2020 - A total of 29 international agreements and memorandums of understanding (MoUs) were signed during the Egypt Petroleum Show (EGYPS 2020), which concluded.

The Ministry of Petroleum and Miner...
Egypt Achieves Highest Growth Rate in 11 Years, Tops ME Economies
Egypt >> 2/15/2020 - Egypt's cabinet said that Egypt has achieved the highest economic growth rate in 11 years.

An info-graphic published by the cabinet's media center indicated that the Egyptian growth rate hit...
Sultan Al Mansouri, Bulgarian Minister Discuss Strengthening Economic and Commercial Relations
United Arab Emirates >> 2/16/2020 -  Sultan bin Saeed Al Mansouri, Minister of Economy, and Mariyana Nikolova, Deputy Prime Minister for Economic Policy of Bulgaria, discussed strengthening relations between the UAE and Bulgaria, especi...
Egyptian Expat Remittances Up By 12.1% in First Five Months of FY2019/20: CBE
Egyptian Expat Remittances Up By 12.1% in First Five Months of FY2019/20: CBE Egypt >> 2/17/2020 - Remittances from Egyptian expats went up by 12.1 percent during first five months of FY2019/2020, from July to November 2019, recording $11.1 billion, up from $9.9 billion in the same months of 2018, ...
Egypt's Improved Economic Growth Expected to Further Increase in All Sectors: Finance Minister
Egypt >> 2/17/2020 - Egypt's Minister of Finance Mohamed Maait said that Egypt's improved economic growth is expected to further increase in the coming period on the back of increased private consumption and private inves...
Banque Du Caire Records Net Profit of Nearly EGP 4 Billion, Growth Rate of 59%
Egypt >> 2/18/2020 - Banque du Caire’s business results show significant growth in all business sectors in Egypt by the end of the fiscal year 2019 in excess of the targeted rates.

The bank’s profits before taxes...
Egypt Financial Regulatory Authority Allows EGX-Listed Companies to Acquire Non-Listed Ones
Egypt >> 2/18/2020 - The Egyptian Financial Regulatory Authority (FRA) has announced that it has made two amendments to its EGX listing rules regulating company listings and write-offs in the Egyptian stock market.
Foreign Currency Assets Held By UAE Banks Hit AED381 Bn
United Arab Emirates >> 2/18/2020 - The total foreign currency assets held by the Central Bank of the UAE increased to AED381 billion by the end of 2019, a YOY growth of 5 percent from AED363.27 billion, accounting for 29 percent of tot...
Egypt Posts GDP Growth Of 5.6% in 6 Months to Dec
Egypt >> 2/19/2020 - Egypt’s economy grew by 5.6% in the six months to December, a government statement said .

Egypt’s economy has been boosted in the last three years by an upswing in tourism, strong remittances...
Sisi, Lukashenko Witness Signing of 4 Agreements, Mous
Egypt >> 2/19/2020 - President Abdel Fattah El Sisi and Belarus President Alexander Lukashenko attended the signing of four agreements and memoranda of understanding to enhance cooperation between the two countries follow...
Rameda Made Egp 894 Mln in Revenues in Fy2018/2019
Egypt >> 2/19/2020 - The Tenth of Ramadan for Pharmaceutical Industries and Diagnostic Reagents' (Rameda) SAE revenues saw an increase by 11 percent Y-o-Y, reaching EGP 894 million in FY2018/2019, according to the company...

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