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Bahrain All Share Index closes higher
Bahrain >> 12/14/2020 - Bahrain All Share Index has closed at 1,494.53 points marking an increase of 1.43 points above the previous closing.

This increase was due to the rise in the Commercial Banks Sector, Inves...
Investcorp Acquires Sanos Group
Bahrain >> 12/14/2020 - Investcorp, a provider and manager of alternative investment products, today announced that it has acquired Sanos Group (“Sanos”), a provider of specialized clinical trial services to the global pharm...
PM Hails CBY's Policy Stabilizing Exchange Rates in Sana'a
Yemen >> 12/14/2020 - SANA'A, Dec. 14 (Saba) - Prime Minister Abdulaziz bin Habtoor has hailed the monetary policy carried out by the Central Bank of Yemen (CBY) in the capital Sana'a.

The Prime Minister said th...
Global Business Forum Roadshows Shed Light On Emerging Market Opportunities
United Arab Emirates >> 12/14/2020 - Public and private sector stakeholders from Africa, Latin America and ASEAN region joining 16 focus groups that will be held over the next 6 months.

Insights from high-level focus groups to...
Stocks Inch Higher in Daily Trading Session
Jordan >> 12/15/2020 - The Amman Stock Exchange (ASE) closed trading session up by 0.39 percent at 1,615 points.

A total of 6.2 million shares were traded through 1,879 transactions at a trading value of JD6 mill...
Jordan Committed to Structural Reforms for Economic Recovery, Says Minister
Jordan >> 12/15/2020 - The International Monetary Fund's (IMF) completion of the first review of Jordan’s performance under the program supported by the Extended Fund Facility (EFF) underlines the Kingdom's commitment to in...
Apple Plans 30% Increase in Iphone Production for First Half of 2021
Bahrain >> 12/15/2020 - Apple Inc plans to manufacture up to 96 million iPhones in the first half of 2021, a nearly 30% year-on-year increase, Nikkei reported y.

It has asked suppliers to produce around 95 million...
Lg Claims Affiliate Spin-Off Will Improve Shareholder Value
Bahrain >> 12/15/2020 - LG Group, South Korea's fourth-largest conglomerate, refuted claims that its planned spin-off of affiliates could undermine shareholder value, saying the move will actually benefit its stockholders.<...
Industry Leaders Offer Glimpse Into Future of Uae Logistics Sector
United Arab Emirates >> 12/15/2020 - Virtual session attended by 100 participants and joined by speakers from DT World, Virgin Hyperloop and Unilever.

Dubai, UAE: Businesses in the UAE are adapting quickly to new trends and te...
Egypt Puts People at Heart of Green Economy Transition, Says Minister
Egypt >> 12/15/2020 - Minister of International Cooperation Rania el Mashat said she has put all her support behind the push for cooperation around a green and circular economy.

"The years 2020-2021 must be the ...
Minister: IMF Praises Have Positive Impacts on Investment Climates in Egypt
Egypt >> 12/19/2020 - Finance Minister Mohamed Maait said that the International Monetary Fund’s (IMF) praises would have positive impacts on the investment climate in Egypt.
Maait said in a statement that such...
Minister: Egypt Registers Primary Surplus of EGP 105.5 Bln Despite Coronavirus Crisis
Egypt >> 12/19/2020 - Finance Minister Mohamed Maait said that Egypt registered a primary budget surplus of EGP 105.5 billion despite the outbreak of coronavirus pandemic.

Maait’s comments came in a speech he de...
Egypt Approves Exporting 95,000 Hatching Eggs to Jordan
Egypt >> 12/19/2020 - The Ministry of Agriculture and Land Reclamation announced that it has approved the export of 95,000 hatching eggs to Jordan in accordance with all necessary quarantine procedures.

The move...
Egypt Signs Agreements With USTDA to Upgrade Major Refineries
Egypt >> 12/19/2020 - Egypt’s Ministry of Petroleum and Mineral Resources signed two grant agreements with the US Trade and Development Agency worth US$1.4 million enabling the Amreya Petroleum Refining Company (APRC) and...
Gold Prices Decline in Egyptian Market With 21-Karat at LE 817
Egypt >> 12/27/2020 - Gold prices declined in Egypt on Sunday with the price of 21-karat (the market’s highest selling gold) falling by three LE per gram to LE817, comparing to Saturday’s price of LE820.

The val...
Egypt, Sudan Agree on Logistic Measures for Utilizing Egypt’s Ports
Egypt >> 12/27/2020 - The head of the Egyptian Customs Authority Kamal Negm announced Sunday that an agreement has been reached with Sudan on all logistics measures necessary to use Egyptian ports, especially in Ain Sokhna...
Sharjah Ruler Approves AED 33.6 Billion Budget for 2021
United Arab Emirates >> 12/27/2020 - H.H. Dr. Sheikh Sultan bin Muhammad Al Qasimi, Supreme Council Member and Ruler of Sharjah, has approved the general budget for the Emirate of Sharjah of AED 33.6 billion for the fiscal year 2021.
...
Form The Board of Directors for The Supreme Council for Financial And Economic Affairs
United Arab Emirates >> 12/27/2020 -  In his capacity as Ruler of Abu Dhabi, President His Highness Sheikh Khalifa bin Zayed Al Nahyan, has issued an Emiri decree to form the Board of Directors of the Supreme Council for Financial and Ec...
Egypt Reaches $540 Mln Settlement Agreement With Canada’s Nutrien Company
Egypt >> 12/28/2020 - Egypt’s ministries of finance, petroleum and mineral resources have reached a final settlement agreement with the Canadian Nutrien Ltd Company (formerly Agrium), Egypt’s Ministry of Finance announced ...
DP World Selected to Operate Multipurpose Terminal at Luanda Port
United Arab Emirates >> 12/28/2020 - DP World, a leading global provider of smart logistics solutions, has been selected as the preferred bidder to enter into discussions with the government of Angola for a 20-year concession and operati...

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