Latest in Tag: Kuwaiti Highlight
Latest in Tag: Kuwaiti

Al-Sisi stresses Egypt’s aspiration to develop cooperation with Kuwaiti business community
Ambassador Bassam Radi , the spokesperson of the Egyptian presidency, stated that the president welcomed the delegation, and said that he visit reflects the spirit of brotherly cooperation between Egypt and Kuwait.

Egyptian-Kuwaiti cooperation is mainstay for achieving regional stability: Al-Sisi
Al-Sisi thanked the emir for the warm reception and hospitality, stressing Egypt’s keenness on achieving the stability and security of Kuwait and all Gulf countries in the face of internal and regional challenges, stated Presidential Spokesperson Bassam Rady.

Parliament approves 4 agreements worth $3.5bn for international cooperation with Germany, Korea, Japan, Kuwaiti Fund for Development
Germany and Korea to finance construction of 5 water desalination plants in South Sinai and Borg El-Arab airport expansion

Kuwaiti rulers fight it out on the pitch
Disputes in Kuwait’s ruling Al-Sabah family, which sparked international sports sanctions against the Gulf state, came to the forefront this week with one branch of the family suing International Olympic Committee (IOC) and FIFA executive committee member Sheikh Ahmad Al-Fahad Al-Sabah, one of the most powerful men world sports, and his brother Talal, on charges …
Exits of foreign investments decrease by 12% in Q1 of 2015
European Union investments in Egypt in Q1 of 2015 reached $2.03bn, compared to $1.6bn in Q1 2014

Mehleb to meet Emirati, Saudi, Kuwaiti ministers in Cairo on GCC investments within 2 weeks
Capital gains tax to be hampered starting from 17 May 2015, outcomes paid by investors before May will not be returned

Egypt refuses Kuwaiti offer over Ayyat land dispute, new negotiations to start: Salman
Government is serious in resolving all investment disputes quickly and fairly, to guarantee rights of country and serious investors, minister says

State of the currency exchange market
On the black market, the lowest selling price for the US dollar was EGP 7.15 while the highest prices ranged between EGP 7.57 to EGP 7.59.

Former Brotherhood Supreme Guide acquitted
Mahdi Akef was charged with insulting the judiciary
Arabtec denies plans to acquire Kuwait’s Kharafi National
Reuters – Dubai builder Arabtec on Wednesday denied that it planned to acquire Kuwaiti construction firm Kharafi National. Sources familiar with the discussions told Reuters on Monday that Arabtec had been in talks with Kharafi National, part of the Kharafi Group, to fully acquire the company. On Monday, both Arabtec and Kharafi declined to comment. …