Latest in Tag: United Arab Emirates Highlight
Latest in Tag: United Arab Emirates

EBRD shareholders agree to UAE membership
Inclusion of UAE as member will open new opportunities across EBRD regions

UAE, Egypt’s strategic ally for 47 years
Egypt enjoys diversified sturdy relations with UAE, trade exchange with UAE hikes by 6.5%

UAE announces seizure of Iranian unmanned drone in Yemen
Houthi rebels intensify attacks on Saudi Arabia; humanitarian situation deteriorates

Al-Sisi, bin Zayed agree to boost bilateral relations, address regional issues
Shoukry, bin Zayed stress necessity for political solution in Syria

Al-Sisi heads to UAE for bilateral and political talks
President’s visit to the UAE comes within the framework of close brotherly relations between both countries, according to the presidency spokesperson

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

Cairo hotel revenues to drop: Colliers International
Although Cairo occupancy rates are forecast to be healthy, a pronounced drop in hotel revenues per available room (RevPAR) is expected as a result of the devaluation of the Egyptian currency in November, according to Colliers International’s “The MENA Hotel Forecasts” February report.

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

Palm Jumeirah, Aqaba marked as hot spots for Q1 in 2017: Colliers International
Colliers International, the Commercial Real Estate Leader, marked Palm Jumeirah in the United Arab Emirates and Aqaba, the Red Sea resort city in Jordan, as hot spots. Colliers’ report about the Middle East and North Africa (MENA) region’s hotel market forecast for the first quarter (Q1) of 2017, which was issued on Wednesday, explained that …

Egypt ranks 116th globally, 11th in MENA in Global Enabling Trade Report 2016
The United Arab Emirates was ranked first in MENA and 23rd internationally
Forbes Middle East unveils top 100 start-ups in UAE
The 100 entrepreneurs were categorised into most promising start-ups and start-ups to watch out for

Trade war targets Egyptian products
Poor policies, mismanagement, and opportunistic rivalries are all to blame for the international assault on Egyptian products

UAE deposit boosts CBE foreign exchange reserves by $1bn in August
The Central Bank of Egypt (CBE) revealed on Sunday evening that its foreign exchange reserves increased by $1.028bn at the end of August

Emirates plane catches fire upon landing at Dubai airport
An Emirates plane has been “involved in an accident upon landing” at Dubai’s main airport, officials reported. The Dubai media office has confirmed that all 300 passengers and crew have been safely evacuated

UAE’s Al-Nebras Group launches 2020 acre agricultural city in Beni Suef
The project aims to distribute land to investors, giving them 60%, while the remaining 40% will be distributed among the youth

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

Dozens face trial for planning ‘terrorist acts’ in United Arab Emirates
Authorities in the United Arab Emirates have ordered 41 people to stand trial on charges of setting up a terrorist group seeking to overthrow the government and establish an extremist state. The United Arab Emirates’ top prosecutor Salem Saeed Kubaish said in a statement Sunday that the suspects were part of a highly organized cell …

Egypt yet to receive Arab deposits: CBE governor
Hisham Ramez’s comments to Reuters come in wake of reports alleging receipt of Kuwait’s $2bn in deposits
Potable water sector agreement to promote Egyptian investments in Rwanda
The project will provide the Water and Sanitation Authority with 40,000 cubic metres of potable water with $55m investments

AlDahra to invest $300m in Egypt
The UAE agricultural company is aiming at 25,000 operational feddans by 2020

Saudi Arabia, UAE, Kuwait strong backers of Egypt’s economy
Overview of Gulf aid to Egypt in the new era
GAFI signs free trade zone agreement with Ajman Free Zone: Al-Hashemi
Ajman plans Egyptian free trade zone cooperation to support SMEs, economic growth

GCC retracts comments on Egyptian-Gulf relations
Qatar recalls ambassador from Cairo after Egypt accuses it of supporting terrorism

UAE embarks on global campaign to market its brand of autocracy
By James M. Dorsey The United Arab Emirates has embarked on an all-out effort to broaden its regional influence and achieve global acceptance of its autocratic definition of terrorism that encompasses all non-violent, legitimate expressions of political Islam. The effort competes head on with Qatar’s pro-Islamist approach to soft power. It involves participation in the …

‘We have to consider human rights’: Al-Sisi
President mourns Shaimaa Al-Sabbagh, vows to prosecute offender

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

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

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
‘Egypt’s economic stability is a must’: UAE Minister of State Sultan Al-Jaber