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Egyptian Exchange Gains EGP 13.7bn
Egypt >> 12/21/2012 - The Egyptian Exchange (EGX) closed the week's trading with gains up to EGP 13.7 billion with optimism in the air over the second round of referendum on the country's new constitution. The capital mark...
Egyptian Bourse Gains EGP 13.2bn
Egypt >> 12/22/2012 - The Egyptian Exchange (EGX) closed the week's trading with gains up to EGP 13.2 billion thanks to the purchases of leading stocks on the market. The EGX 30 benchmark index closed at 5,443 points, reco...
Central Bank: Money Supply Increases to AED 57.2 Billion
United Arab Emirates >> 12/24/2012 - Central Bank announced that money supply M0 (currency in circulation + currency at banks) increased by 4.4% from AED 54.8 billion at the end of September 2012 to AED 57.2 billion at the end of October...
DED Sees 15% Increase in Licenses during November 2012
United Arab Emirates >> 12/24/2012 - The Department of Economic Development (DED) witnessed a 15 per cent increase in licenses issued in November 2012 compared to the same month of 2011 as economic activity continued to pick up steam in ...
Omani-Malaysian Trade up 16.1% in 2011 to $740.5 Million
United Arab Emirates >> 1/2/2013 - Trade between Oman and Malaysia rose to $740.5 million in 2011 from $265.3 million in 2010, an increase of %16.1. Omani ambassador in Malaysia Aflah Mohammed Al Ta'ai stated that Malaysian exports to ...
ESE Gains LE 8.7 bn
Egypt >> 1/3/2013 - The Egyptian Stock Exchange (ESE) ended the first session of 2013 on a positive note, gaining on 2/1/2013 LE 8.7 billion to hit LE 384.3 billion against LE 375 billion at the end of 2012 trading. The ...
Egypt Inflation Grows to 4.7 pct in December
Egypt >> 1/10/2013 - Egypt's annual inflation in December accelerated to 4.7 per cent, a slight growth over the preceding months, data from the official statistics agency showed. Inflation had recorded 4.3 per cent in Nov...
ESE Loses 2.2bn
Egypt >> 1/14/2013 - The Egyptian Exchange (EGX) incurred losses at the close of trading on 13/1/2012 amid sales by Arab and foreign investment institutions. The bourse's market capital lost EGP 2.2 bn to stand at EGP 9.5...
ESE Gains LE 1.1 bn
Egypt >> 1/17/2013 - The Egyptian Stock Exchange (ESE) gained LE1.1 billion on 16/1/2013 trading with the main index going up by 0.59 per cent on the backdrop of massive purchase operations by Arab and foreign investors. ...
State Revenues Rise to LE108.5 bn
Egypt >> 1/17/2013 - State budget indexes showed that the state revenues rose to LE108.5 billion with a 40.3 per cent growth rise at the period between July and November 2012 against the same period of 2011. The State exp...
DCCI's Exports to GCC Countries Grew by 51 Percent in 2012
United Arab Emirates >> 1/20/2013 - Value of exports of 11,110 of Dubai Chamber members to 210 destinations in 2012, based on a data of the Certificates of Origin (COs) issued during the year, reached a record high of AED 268 billion wi...
ADFD Signs MoU on UAE's $1.25bn Grant to Jordan
United Arab Emirates >> 1/22/2013 - Under the directives of the President His Highness Sheikh Khalifa bin Zayed Al Nahyan, Abu Dhabi Fund for Development (ADFD) signed a memorandum of understanding (MoU) on a grant committed by the UAE ...
NBAD Reports AED 4.3 Billion Net Profits in 2012
United Arab Emirates >> 1/29/2013 - The National Bank of Abu Dhabi (NBAD) earned AED 4,332 million for the year ended 31 December 2012, up 16.8% from AED 3,708 million for the year ended 31 December 2011. This represents diluted EPS of ...
ESE Gains EGP 5.7bn
Egypt >> 2/4/2013 - The Egyptian Stock Exchange (ESE) gained EGP 5.7 billion on Sunday's trading 3/2/2013 due to strong purchases of Arab and Egyptian investors. The EGX 30 main benchmark index was up 1.56 per cent to lo...
Internet Users in Egypt Reach 31 Million
Egypt >> 2/4/2013 - The number of internet users in Egypt reached 31.2 million in June 2012, a 21 per cent growth on June 2011, the latest data from Egypt's official statistical agency, CAPMAS, indicated on Monday. This ...
ESE Gains LE 2.3 Billion
Egypt >> 2/5/2013 - The Egyptian Stock Exchange (ESE) gained LE 2.3 billion on Monday's trading due to foreign investors' purchases and Egyptian institutions. The EGX 30 main benchmark index was up 0.97 percent of close ...
Dubai Islamic Bank 2012 Net Profit Rises to AED 1.19 Billion
United Arab Emirates >> 2/6/2013 - Dubai Islamic Bank (DIB) group has reported a net profit of AED 1.19 billion in 2012, compared to AED 1.05 billion in 2011, an increase of 13 per cent. DIB's Board of Directors also recommended the di...
Egyptian Stock Market Gains EGP 6.4bn
Egypt >> 2/9/2013 - The Egyptian Stock Exchange (ESE) closed this week with gains amounting to EGP 6, 4bn pushed by positive news about closing major acquisition deals in the market, especially in the banking and financi...
EGP 1 Billion Increase in Water, Drainage Projects Allocations
Egypt >> 2/11/2013 - Minister of Planning and International Cooperation Ashraf el-Arabi has approved one billion pounds as an increase in allocations to projects of drinking water and sanitary drainage. Some EGP 7.4 billi...
RAK Properties' Net Profit Rose 35.6 Per cent in 2012
United Arab Emirates >> 2/13/2013 - Net profit of RAK Properties in fiscal year that ended on 31st December 2012 rose 35.6 percent to reach Dh147 million, compared to Dh108.4 million in 2011. Mohammad Sultan Al Qadi, Managing Director a...

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