Latest in Tag: UAE Highlight
Latest in Tag: UAE

Egypt-Qatar ties improving, though disagreements persist
âWe will wait and see, but there is no meeting decision with Sheikh Tamim bin Hamad,â says Al-Sisi

Access Infra to invest $400m in Egyptian solar, wind energy stations
Company negotiating with Egyptian entities to enter alliances, considering bank offers

Al-Sisi in Abu Dhabi for high-stakes energy summit
UAE allocated more than $10bn in development aid to Egypt in 2014 alone, says Emirati Embassy in Cairo

Al-Sisi to visit UAE, participate in World Future Energy Summit
Qatar is also expected to participate in the summit

Investment ministry receives EGP 500m offer from UAE company to develop Shepheard Hotel: Official
Ministry plans to develop its hotels through a tender for development with investors and making use of assets in the coming period

Dana Gas could delay Egyptâs payment of dues: CEO
Egypt still owes $165m to Dana, Patrick Allman-Ward says

Russian, Italian, Spanish offers to invest in Global Logistics Project
Since announcement of project, Egypt has received offers from several countries seeking to invest in project
UAEâs DANA Gas receives $60m in overdue payments from Egypt
Emirati company Dana Gas said in a Sunday statement that it received $60m in late dues from the Egyptian government. The sum makes up only a part of the full amount of $212m Egypt still owes to Dana Gas. Egyptian payments to oil and gas companies have been delayed due to the countryâs faltering economy …

Potential UK club acquisition could help Qatar polish its image
By James M. Dorsey Qatar has booked two recent successes in what has become an uphill struggle to improve its tarnished image: a papering over of its rift with Saudi Arabia and the UAE sparked by Qatari support for the Muslim Brotherhood, and reports that it may be interested in acquiring London Premier League club …

Al-Sisi receives Qatari, Saudi envoys
Diplomatic reconciliation between Qatar and Egypt resulted from Saudi and US pressure: analysts

Free theatre course offers opportunity to work with Kevin Spacey
The Middle East Theatre Academy and Kevin Spacey Foundation have partnered together to create Home Grown, the regionâs first theatre programme to discover future performers

Muslim Brotherhood faces pressure in Jordan
King Abdulla says group âhijacked the Arab Springâ, Brotherhood deputy leader to face military trial later this month

UAE to supply Cairo transport authority with 600 new buses
President of the authority indicates that the remainder of the authority’s needs for buses will be covered from the state budget

$10bn total UAE investments in Egypt: GAFI head
UAE ranks second on list of Arab countries with most investments in Egypt after Saudi Arabia

HSBC Group believes in long-term future of Egypt: Commercial banking head
Bank remains committed to business growth in Egypt, despite tough economic circumstances

Future of real estate in Egypt a prominent theme in Abu Dhabi investor conference
Egypt is the largest real estate market in the region and its demographics suggest huge potential for growth

Dana Gas, Egyptian government negotiate agreement, with UAE support
âEgyptâs economic stability is a mustâ: UAE Minister of State Sultan Al-Jaber
In Pictures: âInvest in Egypt 2014â conference kicks off in Abu Dhabi
Photos by Federico Manfredi

Government negotiates $200m from Khalifa Fund, to invest in Employment Holding Company: Planning minister
Minister of Planning Ashraf El-Araby expects approximately $2.5bn in FDI in Q2 FY 2014/2015

Arabtec Holding participates in 1m housing unit project
According to Hisham Zaazou, the Minister of Tourism, the North Coast Development Project will serve both tourism and industrial purposes in the northwest coast, increasing population density in the Nile Delta through large-scale projects

Al-Mazroui Group aims supply of investments in health, housing, and Suez Canal
Al-Mazroui stressed that the situation has now settled in Egypt, but that investment regulation laws are not yet in place
Egypt-UAE agreement to fund micro-projects signed
Agreements reflect steps to decrease rural poverty and increase womenâs participation in the work force
Egypt, UAE militaries in 3rd joint training this year
âRighteous Arrowsâ exercise aims to âsupport and strengthenâ cooperation

Gulf football diplomacy highlights regional divisions
By James M. Dorsey Wealthy Gulf states have invited Jordan and Morocco to compete in future Gulf Cups as part of a bid to strengthen their fragile six-nation Gulf Cooperation Council (GCC) at a time that they have at best papered over deep rifts within the group. The invitation follows an earlier stalled attempt to …

Gulf 22: When brothers compete
Kuwait beat Iraq with a goal in the 90th minute, while Saudi Arabia beat Bahrain with a clean score of 3-0 in the second round.

Emirati company offers to manage investments in Egyptâs logistics project
International consulting firm requests to participate in the project through establishing railway lines over 600km, supply minister says

Egypt welcomes UAE terror listing of Muslim Brotherhood
Foreign ministry spokesman calls for international cooperation to combat terrorism
Government decreases final settlement for Al-Futtaim to EGP 214m: Sarie-Eldin
Settlement includes five-year extension for project execution and unconditional letters of guarantee for required amounts

UAE lists Muslim Brotherhood, Ansar Beit Al-Maqdis as terrorist organisations
The new law makes specific reference to the Muslim Brotherhood, its international branches, and affiliated charities, like the Islamic Relief Organisation.

Shoukry discusses Libya developments with Emirati, Libyan counterparts
Egyptian and Libyan foreign ministers discuss cooperation