Latest in Tag: UAE Highlight
Latest in Tag: UAE

Egyptian vegetables banned from UAE
UAE says an unsafe level of pesticide residues were detected in the produce

Joint military exercise with Bahrain and UAE concludes
The drills included use of tactics for raiding beaches as well as defending them from attacks

Egypt continues “Zayed 2” joint military exercise with UAE
The joint military exercise included ground, aerial, and naval trainings, says army spokesperson

Egyptian exports to UAE and Turkey increased by 19% in 2016 while imports declined
$1.5bn surplus in trade balance between Egypt and the UAE was achieved in 2016

Amazon to acquire UAE-based e-commerce platform souq.com
Souq currently controls around 78% of all e-commerce in the MENA region

Egypt plays big role in Art Dubai and local shows
Cairo’s Art Talks gallery participated in the exhibition for the first time

Etisalat Egypt reaps revenues of AED 4.03bn in 2016
Company’s unit in Egypt accounts for 19% of the group’s business

Shoukry agrees with UAE foreign affairs minister on political consultation mechanism between both countries
Egyptian foreign affairs minister pointed out that Egypt’s relation with UAE is a model for Arab world relations

Shoukry heads to UAE to meet with Arab foreign ministers
Foreign Minister will also hold bilateral talks with the UAE

Egypt condemns Kandahar terrorist attack, offers condolences to Emirati people
The attack left five Emirati diplomats killed, and the UAE’s ambassador to Afghanistan injured

DP World considers establishing dry port near Cairo, expanding investments in Egypt
Egypt’s exports to UAE increased by 224% in 2016

Al-Sisi praises progress of UAE in recent years
The UAE acts as an example of comprehensive development in the Arab world, according to the presidency statement

Al-Sisi starts two-day UAE visit
The president’s visit aims to confirm bilateral relations between both countries

Interest remerging in MENA banks, especially Egypt, UAE, Saudi Arabia: HSBC Global Research report
Meetings with US fund managers and investors involved wide discussions on the Egyptian market and the Egyptian pound

Al-Sisi receives deputy supreme commander of UAE armed forces
Sheikh Mohammed bin Zayed Al Nahyan discussed crises in Arab countries

OUSTA wins best technical project in the Arab world award for 2016
OUSTA, a company specialised in the transportation of individuals in passenger cars through a mobile application, has won the Salem Al-Ali Al-Sabah Informatics Award in its 16th edition, as the best technical project in the Arab world. Ten Arab entities won other awards. The parties represented the governmental and private sector from seven Arab countries, …

Emirates NBD launches specialised unit for financing SMEs in Egypt
Emirates NBD announced the establishment of a specialised unit for financing small- and medium-sized enterprises (SMEs) in the framework of its commitment to implement the instructions of the Central Bank of Egypt (CBE), besides the bank’s quest to expand in financing these projects. SMEs are one of the most important sectors that contribute to advancing …

Cairo airport thwarts attempt of 19 young Egyptians to travel to Libya via UAE
Legal action will be taken against the young men, says head of airport security

Emirati foreign minister discusses bilateral relations with Al-Sisi in Cairo
Abdullah bin Zayed said the UAE is keen to bolster relations with Egypt

Ousta raises $1.25m from Egypt, UAE investors
Founder and chairperson of Ousta Nader El-Batrawi said his company was able to secure a $1.25m bridge investment round on Sunday for capital increase.

Nesma Airlines plans to increase its fleet, launch 5 new airlines
We plan to expand into Kuwait and the UAE before the end of 2016, says chairperson

112% increase in Egyptian exports to UAE: Minister of Trade and Industry
43% decline in Egypt’s imports from the UAE in first half of this year, says minister

Remittances from UAE to Egypt expected to remain robust
Xpress Money’s mobile transactions are only available in the UK and will be available in other countries in first half of 2017, says COO

In Video: What we know so far about the Emirati aeroplane

Egypt receives 16.65% of Brazilian exports, ranks third in Arab world
Brazilian exports to the Arab world amounted to $5.24bn in the first half of 2016

Brotherhood relied on Qatar and Turkey for support, post-30 June on Saudi and UAE
External support is needed in times of crisis, provided it is economically managed, or else it becomes a burden, says Farid

Flat6Labs funds 46 projects worth $10m in Egypt, UAE, and Saudi Arabia over five years: managing director
Flat6Labs is a regional programme established in 2011 by Sawari Ventures and the American University in Cairo (AUC) School of Business Administration to turn technology ideas into real projects.

Majid Al Futtaim achieves $1bn in revenues in 2015, of which Egypt represents 6%
Mall of Egypt will be inaugurated in September 2016 and Almaza City Centre during 2019, says Chief Human Capital Officer

Falcon prepares for international conference on security, investment in cooperation with business associations in UAE, Kuwait, Jordan
The conference will be held in Sharm El-Sheikh from 22-24 September and attended by more than 600 investors

HRW calls on UAE to release two foreigners arrested for criticising Egypt
Emirati scholar and Jordanian journalist jailed in UAE for series of online posts including personal criticism of Egypt