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Egypt, India Discuss Aspects of Joint Cooperation
Egypt >> 3/14/2023 - State Minister for Military Production Mohamed Salaheldin Moustafa asserted the depth of ties between Egypt and India and the profound cooperation between them in the different domains.

Thi...
PM Attends Signing Of Cooperation Protocol of NPDEF's Financial Incentive Program
Egypt >> 3/14/2023 - Prime Minister Moustafa Madbouli attended the signing of a cooperation protocol between the planning and economic development and finance ministries on the financial incentive program of the National ...
What Has Egypt Fulfilled Ahead of The IMF First Review ?
Egypt >> 3/14/2023 - The IMF will conduct semi-annual reviews in March and September of each year until the end of the program in September 2026 and will accordingly disburse equal tranches worth $347 million.

...
Misr Insurance Company Ownership Transferred to Egypt’s Sovereign Fund
Egypt >> 3/14/2023 - Egypt’s President Abdel-Fattah El-Sisi issued decree no. 103 for 2023, transferring complete ownership of the Misr Insurance Holding Company to the Sovereign Fund of Egypt (TSFE).

Before it...
Aldar Launches 'Reeman Living' in al Shamkha
United Arab Emirates >> 3/14/2023 -  Aldar Properties has announced the launch of Reeman Living, a new residential development that brings design-led urban living to Aldar’s Alreeman project in the Al Shamkha neighbourhood of Abu Dhabi....
UAE Supports Global Efforts to Promote Economic Integration
United Arab Emirates >> 3/14/2023 -  Abdullah bin Touq Al Marri, Minister of Economy, participated in the CII Partnership Summit 2023, which is being held in New Delhi, India, from 13th to 15th March under the theme "Partnerships for Re...
Youth-Led 'Road to COP28' Event to Kick Off Tomorrow in Expo City Dubai
United Arab Emirates >> 3/14/2023 - The first COP28 Presidency-hosted and youth-led event, “Road to COP28”, will be held at Expo City Dubai .

This event represents a significant moment for the country’s youth to come together...
Mashreq Bank Provides $15.5 Billion of Sustainable Finance And Adaptation-Related Investments
United Arab Emirates >> 3/14/2023 - Joel Van Dusen, Group Head of Corporate & Investment Banking at Mashreq, said that since January 2021, Mashreq has facilitated $15.5 billion of sustainable finance and adaptation-related investments.<...
Egypt's Economy Expected to Grow 4.2 Percent in FY 2022-23: Planning Min
Egypt >> 3/15/2023 - Egypt’s economy is expected to grow - according to initial estimates - by 4.2 percent during the first half of FY 2022-2023, said Planning and Economic Development Minister Hala el Said.

De...
PM:Gov't Keen on Promoting Competition Among Public Servants
Egypt >> 3/15/2023 - Prime Minister Mostafa Madbouli said Egypt’s Government Excellence Award reflects the Egyptian State's commitment to promote competition among employees at government institutions and encourage innova...
Abul Gheit: War in Ukraine Affect Int'l Financing Sustainable Projects
Egypt >> 3/15/2023 - Arab League Secretary General Ahmed Abul Gheit said the Russian-Ukrainian war will inevitably affect international efforts to address more pressing issues.

Addressing the 2023 Arab Forum fo...
Minister: Mokattam Corniche Project's Revenues to Pass EGP 60 Billion
Egypt >> 3/18/2023 - The giant project to develop Mokattam Corniche will generate revenues of more than ?EFP 60 billion, Minister of Public Business Sector Mahmoud Esmat said.

The minister was addressing a sign...
Egypt, UAE Sign Maritime Transport Cooperation Deals
Egypt >> 3/18/2023 - The Ministry of Transport signed Saturday 18/03/2023 a number of important cooperation agreements with the Abu Dhabi Ports Group.

Transport Minister Kamel El Wazir and UAE Ambassador in Cai...
CAPMAS: Egypt's Exports to Turkey Rose By 32.3% in 2022; Bilateral Trade 14% Up
Egypt >> 3/18/2023 - Egypt's exports to Turkey grew by 32.3 percent recording $4 billion in 2022 compared to $3 billion in 2021, the Central Agency for Public Mobilization and Statistics (CAPMAS) revealed .

How...
Planning Minister Discusses Steps to Establish Platform for Sectoral Skills Councils
Egypt >> 3/18/2023 - Planning and Economic Development Minister Hala el Said discussed with representatives of Workforce Egypt project the necessary steps to establish a platform for sectoral skills councils.

D...
Environment Minister: Pact to Be Signed Soon to Establish First Waste-to-Energy Plant
Egypt >> 3/18/2023 - An agreement will be signed soon to establish the first waste-to-energy plant at a total cost worth dlrs 150 million, announced Environment Minister Yasmine Fouad.

The factory, which will r...
Minister: Egypt Gained No Benefits from Grain Deal During Ukraine-Russia Crisis
Egypt >> 3/18/2023 - Supply and Internal Trade Minister Ali Moselhi said Egypt withdrew from the grain deal since Cairo has not got the desired benefits from the agreement during the Ukraine-Russia crisis.

Spea...
Gulf Exceptionalism Creates M&A Opportunities in The Middle East Region Despite Global Headwinds
United Arab Emirates >> 3/18/2023 - PwC Middle East released its 2023 TransAct Middle East report titled, “Gulf exceptionalism creates M&A opportunities despite global headwinds,'' which offers insights on the Merger & Acquisition (M&A)...
State of UAE Retail Economy Q4 Report Reveals Consumer Spending Growth of 19% in 2022
United Arab Emirates >> 3/18/2023 -  Majid Al Futtaim, a leading shopping mall, communities, retail and leisure pioneer across the Middle East, Africa and Asia, today released its ‘State of the UAE Retail Economy’ Q4 report, which revea...
World Bank Executes Its Largest Catastrophe Bond And Swap Transactions
United Arab Emirates >> 3/18/2023 - The International Bank for Reconstruction and Development (IBRD), today priced a joint catastrophe bond and swap transaction that provides a total of $630 million of earthquake insurance coverage to t...

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