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Egypt Stock Market Gains 2pct on Real Estate Rebound
Egypt >> 12/19/2012 - Egypt's stock exchange witnessed a healthy surge Wednesday driven by positive trading on the Commercial International Bank (CIB) as well as the real estate sector. The main EGX30 index grew 1.86 per c...
Emirates NBD and BNP Paribas Sign Agreement
United Arab Emirates >> 12/20/2012 - Emirates NBD PJSC (Emirates NBD) and BNP Paribas S.A. (BNP Paribas) announced the signing of a definitive agreement whereby latter will sell its entire 95.2% stake in BNP Paribas Egypt S.A.E. (BNP Par...
Egyptian Gov’t Approved Islamic Bonds
Egypt >> 12/20/2012 - The Cabinet at a meeting on 19/12/2012 under Prime Minister Hisham Qandil approved in principle a draft law on using Islamic bonds. The new financial instrument (Islamic Sokouk) will be referred to th...
Egypt to Offset Budget Deficit, Provide 20,000 Jobs
Egypt >> 12/20/2012 - Industry and Foreign Trade Minister Hatem Saleh said on 19/12/2012 new tax rises on some commodities and products aim to offset state budget deficit, adding he expects that deficit may reach to LE 200...
GCC Countries Can Achieve up to $200 Billion
United Arab Emirates >> 12/22/2012 - The International Renewable Energy Agency (IRENA) is adding momentum to the recent increase in investment in renewable energy with the roll out of the first allotment of its US$350 million funding cyc...
Egypt’s Budget Deficit May Reach EGP 200 Billion
Egypt >> 12/22/2012 - Finance Minister Momtaz el-Saeed said Egypt has been suffering imbalance in the state budget, saying that the total budget deficit in the country may be ranging between EGP 185 to EGP 200 billion if t...
OAPEC Meeting in Cairo Sends Message that Egypt is Stable
Egypt >> 12/22/2012 - Minister of Petroleum and Mineral Resources Osama Kamal said the convocation of the 89th round of the Organization of Arab Petroleum Exporting Countries (OAPEC) in Cairo drives home a strong message t...
Initiative to Attract European Investments into Egypt
Egypt >> 12/22/2012 - Egypt has decided to boost economic cooperation with Spain and the Czech Republic which includes increasing trade and investments, said Minister of Industry and Foreign Trade Hatem Saleh during talks ...
Abdulaziz bin Abdullah Receives Guinea's FM
Saudi Arabia >> 12/22/2012 - Prince Abdulaziz bin Abdullah bin Abdulaziz, Vice Minister of Foreign Affairs, received with Minister of Foreign Affairs of the Republic of Guinea Lonseny Fall and the accompanying delegation. During ...
Sultan bin Salman Receives Bakhtiar Tasimov
Saudi Arabia >> 12/22/2012 - Prince Sultan bin Salman bin Abdulaziz, President of the Saudi Commission for Tourism and Antiquities, received separately Ambassadors of Kazakhstan and Mexico to the Kingdom of Saudi Arabia, Bakhtiar...
120m Euros from EU to Cope with Water Challenges
Egypt >> 12/23/2012 - The European Union (EU) initiative for water in the Mediterranean extended a grant of 120 million euros to Egypt to help it cope up with challenges of a growing shortage of water resources and negativ...
Ajman Ruler receives Malaysian Ambassador
United Arab Emirates >> 12/23/2012 - H. H. Sheikh Humaid bin Rashid Al Nuaimi, Supreme Council Member and Ruler of Ajman received at his office in the Emiri Court, the Malaysian Ambassador to UAE, Ahmed Anwar Bin Adnan, who called on him...
Abdullah Mohammed Meets with Adrian Macelaru
United Arab Emirates >> 12/23/2012 - Undersecretary of the Ministry of Foreign Affairs Sheikh Abdullah Mohammed Bin Butti Al-Hamed has received separately, Romanian Ambassador to UAE Adrian Macelaru, and Turkish Ambassador to UAE, Sefik ...
UAQ CP Receives Consul Generals
United Arab Emirates >> 12/23/2012 - H.H. Sheikh Rashid bin Saud bin Rashid Al Mu'alla, Crown Prince of Umm al-Qaiwain received at his office in the Emiri Court, Moroccan Consul General Abdelali Jay and Consul General of Kyrgyzstan to th...
Humaid bin Rashid Receives Belgian Ambassador
United Arab Emirates >> 12/24/2012 - H. H. Sheikh Humaid bin Rashid Al Nuaimi, Supreme Council Member and Ruler of Ajman received at his office in the Emiri Court, the Belgian Ambassador to the UAE, Christian Tanghe who called on him on ...
Osama Saleh: Gov’t plans to achieve 4% growth rate
Egypt >> 12/24/2012 - Investment Minister Osama Saleh asserted that the government's plan to reactivate the economy includes encouraging domestic, Arab and foreign investment and re-boosting production in various sectors. ...
Egyptian Economy has Ability to Grow
Egypt >> 12/24/2012 - The Economic Group confirmed during a meeting presided over by Prime Minister Hisham Qandil at the Cabinet that the Egyptian economy has the ability to grow immediately after the return of stability. ...
Egypt’s Water Future Faces Risks
Egypt >> 12/24/2012 - Minister of Irrigation Mohammed Bahaddin said that Egypt's future of water is faced with many risks with the rising population and the ensuing growing need of water in industrial, agricultural and tra...
Egyptian Farm in Cameron to Dress Food Shortage
Egypt >> 12/24/2012 - Egypt and Cameron have signed a cooperation protocol in the areas of farming and animal wealth, which starts with setting up the first farm in Cameron at an area of 550 feddans. The Egyptian Embassy i...
Mohammed bin Rashid Receives Qatar's Crown Prince
United Arab Emirates >> 12/24/2012 - The Vice President and Prime Minister of the UAE and Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum, received here Qatar's Crown Prince Sheikh Tamim bin Hamad Al Thani, who is lead...

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