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Financials and Investment News

NEXT50 Launches Platform to Cater for Most Pressing Challenges And Requirements for Businesses
United Arab Emirates >> 11/27/2022 - NEXT50 today launched PLATFORM50, a one-stop-shop solution for organisations to maximise business value and address tomorrow’s challenges.

The announcement was made at NEXT50’s inaugural Ex...
Egypt, France Discuss Economic, Investment Cooperation
Egypt >> 11/28/2022 - Minister of Public Business Sector Mahmoud Esmat has shed light on the strength of relations and cooperation binding Egypt and France.

During a meeting Monday with French Ambassador in Cair...
Supply Ministry: Russian Wheat Traded at EMX At EGP 9,750 Per ton
Egypt >> 11/28/2022 - The Ministry of Supply said that the General Authority of Supply Commodities started trading wheat via the Egyptian Mercantile Exchange (EMX) and 18 purchase operations were accomplished.

T...
Egypt, China Enjoy Strong Ties in Various Fields- Minister
Egypt >> 11/28/2022 - Finance Minister Mohamed Maait praised the Egyptian-Chinese ties as strong in various fields, especially in the economic domains, which have witnessed a remarkable development recently.

Spe...
SCZONE Probes Luring Vietnamese Investments to Localise Auto Industry
Egypt >> 11/29/2022 - Chairman of the Suez Canal Economic Zone (SCZone) Waleed Gamal El Din stressed the need for enhancing bilateral co-operation with the Vietnamese side in the various spheres, including luring investmen...
Military Production Ministry: State Keen on Applying New Industrial Technologies
Egypt >> 11/29/2022 - The Ministry of Military Production said recent years witnessed a huge development in the domains of digital and information technology.

This came in a speech by board chairman of the Scien...
Maait: 30,000 Egyptian Expats Registered to Import Cars Without Customs in Two Weeks
Egypt >> 11/29/2022 - Minister of Finance Mohammed Maait 30,000 Egyptian expatriates registered over the past two weeks on the Egyptians Expats Cars app, which will allow them to apply to import cars for personal use witho...
IDSC: Sovereign funds innovative financing tool
Egypt >> 11/29/2022 - The cabinet's Information and Decision Support Center (IDSC) said sovereign funds represent an innovative financing tool that surfaced to help achieve sustainable development.

This came in ...
OIC Countries To Address US$ 63 Billion Halal Products Trade Deficit: Report
United Arab Emirates >> 11/29/2022 - The 2022 Annual OIC Halal Economy Report identified that the OIC member states recorded a trade deficit of US$63 billion for halal economy products in 2021, covering food, fashion, pharmaceuticals and...
ADGM’s Financial Services Regulatory Authority Launches aI Initiative on Open Regulation
United Arab Emirates >> 11/29/2022 - The Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM) has launched an initiative to foster the development of intelligent regulatory technology (RegTech) tools and help ...
Taaleem Rings Market Opening Bell to Celebrate Listing, Trading on Dubai Financial Market
United Arab Emirates >> 11/29/2022 - The Dubai Financial Market (DFM) today welcomed the listing of shares of Taaleem Holdings Group PJSC (Taaleem), one of the largest education service providers in the UAE with a portfolio of 26 schools...
Abu Dhabi, Miral Announce Construction for 17,000m2 Teamlab Phenomena is 25% Complete
United Arab Emirates >> 11/29/2022 - The Department of Culture and Tourism – Abu Dhabi (DCT Abu Dhabi) and Miral, Abu Dhabi’s leading creator of immersive destinations and experiences, announced construction is 25 per cent complete for t...
Theyab Bin Mohamed Witnesses Signing of Strategic Partnership Between Etihad Rail and Borouge
United Arab Emirates >> 11/29/2022 -  H.H. Sheikh Theyab bin Mohamed bin Zayed Al Nahyan, Chairman of Etihad Rail, witnessed the signing of the terms sheet for a strategic partnership for sustainable transportation between Etihad Rail, t...
Dubai Records Over AED989 Mln in Realty Transactions Tuesday
Egypt >> 11/29/2022 - Dubai real estate market recorded 277 sales transactions worth AED686.28 million, in addition 90 mortgage deals of AED274.88 million, and 6 gift deals amounting to AED28.06 million, data released by t...
Cabinet Gives Final Approval to State Ownership Policy
Egypt >> 11/30/2022 - The Cabinet approved during its weekly meeting under Prime Minister Mostafa Madbouli the final formula of the state ownership policy document in the run-up to referring it to President Abdel Fattah El...
Social Housing Fund" Receives “SHARKROOM” Award
Egypt >> 11/30/2022 - "Green Architecture" initiative launched by the Social Housing and Real Estate Finance Support Fund received the "SHARKROOM" award for the best innovations and initiatives in the field of housing on t...
PM Witnesses Signing of Renewable Energy Agreements
Egypt >> 11/30/2022 - Prime Minister Mostafa Madbouli witnessed, signing ceremony of financial closure agreements between the Emirati company "AMEA Power" and a number of international financing institutions, at a value of...
Health Min. Discuss Bilateral Cooperation With Eni Foundation
Egypt >> 11/30/2022 - Health and Population Minister Khaled Abdel Ghaffar received Secretary General at Eni Foundation Filippo Uberti along with a host of the foundation's representatives.

At the beginning of th...
AMEA Power Signs Agreements for Renewable Energy Stations Worth Billions
Egypt >> 11/30/2022 - Prime Minister Mostafa Madbouly attended the signing ceremony of the financial closure agreements between the Emirati AMEA Power company.

There are also a number of international financing ...
Saudi Arabia Extends Term of US$ 5 Billion Deposit for CBE
Egypt >> 11/30/2022 - Saudi Arabia extended the term of a US$ 5 billion deposit with the Central Bank of Egypt, the Saudi Press Agency (SPA) reported .

It added that the move came in extension to the deep-rooted...

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