Latest in Tag: UAE Highlight
Latest in Tag: UAE
CBE expects UAE deposit before end of May
The CBE’s governor says Egypt has not received any deposits from abroad since he took the helm in November 2015
Egypt, UAE discuss cooperation in real estate projects
Sheikh Hamed Bin Zayed Al Nahyan assured the UAE’s interest in participating in the Sinai Development Project
UAE to support Egypt’s foreign exchange reserves with $2bn funding: Abu Dhabi crown prince
The CBE announced that the balance of the foreign exchange reserves increased to $16.561bn in March, and is expected to increase to about $18.5bn, after receiving funding from the UAE
Egypt and UAE navies start joint training
The exercise includes activities to unify combat concepts, exchanging training experiences between the two navies and training on managing join naval combat operations, according to a statement from the army
UAE real estate firms shift focus to Egypt
Abu Dhabi-based Capital Group Properties (CGP) has implemented several large-scale projects in many countries worldwide, including the UAE, the United Kingdom, the Seychelles, Montenegro, and Sri Lanka
ILO to Qatar: Put your money where your mouth is or else
The International Labour Organization has put Qatar on notice, by giving it 12 months to implement labour reforms, that it no longer can delay acting on promises made in the wake of its successful bid to host the 2022 World Cup. The ILO warning rings stark as the UAE, Qatar’s main competitor, steps up efforts …
Banque Misr inaugurates regional headquarters and new branch in Dubai, UAE
Chairman of Banque Misr Mohamed El Atriby inaugurated the Dubai branch and the new regional headquarters for Banque Misr’s branches in the United Arab Emirates (UAE)
Egyptian, US and UAE navies start joint exercise in Red Sea
The Eagle Salute 2016 exercise kicked off on Monday with the participation of the Egyptian, US and UAE navy forces within the Egyptian territorial waters of the Red Sea. The exercise includes performing drills for joint combat operations that involve naval scouting, defensive, offensive formations and reacting to hostile targets, according to a statement from the …
UAE fighter jet crashes in Yemen
The two pilots were killed in the plane crash, according to Saudi Arabia’s official news agency
Maridive obtains $43m contract for offshore construction in UAE
The company obtained a contract at a time when many companies are cutting their petrol production, says navigation sector analyst
Egyptian jockey Karim El-Zougby close to being qualified for Summer Olympics
Egyptian jockey Karim El-Zougby won the CSI Five Stars Equestrian Championship in the UAE. This championship, in which 200 jockeys from 30 different countries participated, is a qualifier for the Rio 2016 Summer Olympics. El-Zougby, who is a member of Egypt’s national equestrian team, received the championship cup and a financial gift. He acquired 150 …
UAE joins forces with Saudi Arabia, announces it is prepared to send troops to Syria
Any serious operation against IS should include ground forces, says Gargash
Travco will launch charter flights to Egyptian cities in March
Travco’s Dubai organised charter flights to Sharm El-Sheikh last week
Minister of Industry flies to Abu Dhabi for Egyptian-Russian-Emirates Fund discussions
Qabil to meet with officials from Russia and the UAE to outline works of the fund and agree on amount of capital
Wuzzuf to expand services in UAE, Saudi Arabia
We are planning to recruit 1 million people by 2020, says CEO
Top 93% of 100 executives in Middle East have regional headquarters in UAE: Forbes
The businesses they pioneer cover 25 sectors, with the majority in technology, banking, industrials, and automobiles, said Forbes
Egypt has high-level technological innovation, UAE leads field: UNB CEO
Middle East Banking Forum continues path towards achieving quality and excellence in Egypt’s UNB bank through regularly held conferences, says Abdeen
5 banks represent UAE in Egyptian market
Five UAE banks currently operate in the Egyptian market; Emirates NBD, the National Bank of Abu Dhabi, Abu Dhabi Islamic Bank, Union National Bank, and Mashreq.
UAE chairman of Manchester City pressures UK to crack down on Muslim Brotherhood
Khaldoon Al-Mubarak, chairman of Manchester City, one of Britain’s most popular football clubs and a close business associate of UAE Crown Prince Mohammed bin Zayed bin Sultan Al Nahyan, has warned the UK that his country would block multi-billion dollar arms deals, halt investment in Britain and suspend intelligence cooperation if Prime Minister David Cameron …
Al-Sisi on tour to UAE, India and Bahrain
President Abdel Fattah Al-Sisi met with UAE leaders
Dubai’s Mada’in Properties to invest in Matruh
Projects will be in real estate, agriculture and tourism sectors
UAE signs MoU for 10 projects in Matruh governorate
The first tourism project is to develop the Agiba plateau with investments worth $3bn, and the other is for the development of the Rommel area with investments of $4bn.
Egyptian NGO seeks to revoke Norwegian correspondent’s licence
NGO faces corruption charges, accuses critics of a Qatari plot
Government to reach agreement regarding Cairo Capital: Salman
Master plan to be prepared by consultancies
Egypt sends condolences over UAE, Bahrain soldiers killed in Yemen
An attack launched by Houthi rebels against Saudi-led coalition forces killed dozens of soldiers
Egypt condemns attack on UAE embassy in Yemen
The attack took place on Sunday as the UAE takes part in Saudi-led coalition against Houthis
Education is tomorrow’s oxygen
“Education is the most powerful weapon which you can use to change the world,” argued the late South African leader Nelson Mandela. Truer words have rarely been said, but I would qualify his statement by prefacing education with “quality”. By quality, I mean a system that allows children to problem solve, to think for themselves, …
Italy’s Mulmix offers investments in Damietta logistics project
Company also offered to invest and establish silos in several Egyptian governorates
Egypt extends condolences to UAE over killed soldiers in Yemen
Three Emirati soldiers were killed Saturday, announced the UAE armed forces
Emaar Misr net profit increases 283% in 1H of 2015
1H revenues records EGP 1.56bn