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EGX Loses LE 2.5bn over Civil Disobedience Calls
Egypt >> 2/25/2013 - The Egyptian Exchange (EGX) lost EGP 2.5 billion on 24/2/2013 in light of the troubled political situation in the country and calls for civil disobedience. The EGX 30 benchmark index declined 0.84 per...
Canceling Customs on Egyptian Exports to Turkey
Egypt >> 2/25/2013 - Turkey has announced the cancellation of customs fees imposed on all Egyptian exports, while Turkish businessmen voiced their desire to amend the free trade agreement between the two countries to acce...
World’s Biggest Cargo Ship Transits Suez Canal
Egypt >> 2/25/2013 - The world's biggest cargo ship Maxi Brazil transited the Suez Canal for the third time with a cargo of 246,000 tons. "Max Brazil has transited the canal from Ukraine and headed to South Africa with a ...
Bilateral Cooperation between UAE and Kazakhstan
United Arab Emirates >> 2/25/2013 - A delegation from Kazpost, the postal corporation of Kazakhstan, discussed ways of postal cooperation between Kazakhstan and UAE at a meeting hosted by Emirates Post in Dubai. The Kazpost delegation w...
Abdullah bin Zayed Hails UAE- Korean Ties
United Arab Emirates >> 2/25/2013 - H. H. Sheikh Abdullah bin Zayed Al Nahyan, Foreign Minister has lauded the relations between the UAE and the Republic of South Korea. On the occasion of his visit to the Republic of Korea, he said: "I...
Bilateral Cooperation between UAE and South Korea
United Arab Emirates >> 2/25/2013 - H.H. Sheikh Abdullah bin Zayed Al Nahyan, UAE Foreign Minister said that he confidently expect the bilateral relationship between UAE and South Korea will continue to develop rapidly, both in its volu...
Egypt Govt Announces Economic Reform Measures to Clinch IMF Loan
Egypt >> 2/25/2013 - The government has revealed 24 new measures as part of an economic reform programme aimed at kick-starting Egypt's struggling economy, which will be presented to the International Monetary Fund in ord...
Ahmad Al-Salem Meets with Bangladeshi Ambassador
Saudi Arabia >> 2/26/2013 - Dr. Ahmad bin Mohammed Al-Salem, Undersecretary of the ministry of interior, met in his office with Bangladeshi ambassador to the Kingdom Mohammed Shahid Al-Islam. During the meeting, they discussed i...
CBE: Monetary Reserve Retreat
Egypt >> 2/26/2013 - The net international reserves retreated to some $ 13.6 billion by the end of January 2013, enough to cover the commodity imports for three months. A Central bank of Egypt (CBE) report said the volume...
Economic Measures to Increase Foreign Reserves to $ 19 bn
Egypt >> 2/26/2013 - Prime Minister Hisham Qandil announced on 25/2/2013 new economic measures to improve the standard of living of the citizen, increase wages and expand public social spending. This came during Qandil's ...
Hisham Qandil Approves Strategy to Develop Minerals Sector
Egypt >> 2/26/2013 - Prime Minister Hisham Qandil approved a strategy to develop the mineral resources sector, outlined by the Mining Renaissance Association (MRA). Cabinet Secretary General Mohamed Safwat Abdel-Dayem sen...
Osama Saleh: Complementary Plan for Increasing Investments
Egypt >> 2/26/2013 - Minister of Investment Osama Saleh said the Egyptian government has finalized working out a complementary development and economic plan based on action and encouraging investments and doubling competi...
Hatem Saleh: Establishing Global Trading System "rucial"
Egypt >> 2/26/2013 - Industry and Foreign Trade Minister Hatem Saleh has underlined the importance of establishing a global trading system that preserves the interests of developing countries and helps them achieve compre...
Etihad Rail Secures US $1.28 Billion
United Arab Emirates >> 2/26/2013 - Etihad Rail - the developer and operator of the UAE's national railway network - announced that it has secured financing of USD 1.28 billion (AED 4.7 billion) for Stage One of its railway project, whi...
Eng. Hatem Saleh: Imposing Fees on Cement Exports
Egypt >> 3/1/2013 - Minister of Industry and Foreign Trade Eng. Hatem Saleh said that the ministry is considering imposing fees on cement exports as a result of the recorded unjustifiable increases in cement prices on th...
U.S. Welcomes Egyptian Strawberry exports
Egypt >> 3/1/2013 - U.S. Ambassador to Egypt Anne W. Patterson announced that the U.S. Department of Agriculture has granted market access for Egyptian fresh strawberry exports to the United States. "We are committed to ...
El-Arabi, Italian Ambassador Discuss Bilateral Cooperation
Egypt >> 3/2/2013 - Minister of Planning and International Cooperation Ashraf el-Arabi held a meeting on 1/3/2013 with Italian Ambassador to Egypt Maurizio Massari on ways of boosting bilateral cooperation in various fie...
UAE-Turkey Trade Exchange Stood at AED 33.3 bn
United Arab Emirates >> 3/2/2013 - Trade exchange between the UAE and Turkey reached AED 33.3 billion in the first eight months of 2012 driven primarily by record growth of UAE's non-oil exports to AED 8.5 bn, which was three-fold the ...
Qatar, Saint Lucia, Establish Diplomatic Relations
Qatar >> 3/2/2013 - The State of Qatar and the State of Saint Lucia have formalised diplomatic relations. Qatar's permanent delegate to the UN HE Ambassador Sheikh Meshaal Bin Hamad Al Thani, signed the diplomatic relati...
20% Increase in Egypt’s Exports to Poland
Egypt >> 3/3/2013 - The Egyptian-Polish Businessmen Association held an expanded meeting with Trade Minister Plenipotentiary Ehab Tahoon, to discuss means of augmenting Egyptian exports to Poland, whose value reached $13...

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