Latest in Tag: United Arab Emirates Highlight
Latest in Tag: United Arab Emirates
Dana Gas signs agreement with petroleum ministry to increase gas production
$270m in investments over seven years to increase production, company will be repaid all dues by 2018
Egypt-UAE agreement to fund micro-projects signed
Agreements reflect steps to decrease rural poverty and increase womenâs participation in the work force
UAEâs Aabar acquires 5.1% stake in Palm Hills Development
Deal reflects Egyptian real estate sectorâs ability to attract regional and international investment, says Palm Hills
UAE allocates EGP 1.8bn for Egyptian development projects
Egypt received 25% of the total figure to finalise the projects before the end of the year
Egypt participates in international ISIS strategy meeting
Obama stresses there is no âquick fixâ in military and ideological fight against ISIS
Kerry, Shoukry define Egyptâs role in fight against ISIS
Egyptâs religious institutions play important role in fight against ISIS, says Kerry
$500m repaid to Qatar: CBE governor
Egypt will refund $2.5bn at beginning of November says Hisham Ramez
Regional stability dependant on Egypt: UAE
Emirati foreign minister rejects questioning the legitimacy of Egyptian government
International call for Libya ceasefire
Egypt joins international chorus to end âviolence, terrorism and extremismâ in Libya
German business delegation to visit in September
Delegation will discuss possibility of new investments in Egypt
Libyaâs neighbours push for political process as crisis deepens
Islamist dominated GNC appoint rival PM as international community calls for calm
UAE to consider providing $3bn in guarantees for debt to foreign partners: Official
A delegation from the Abu Dhabi Investment Authority (ADIA) will arrive in Cairo in the next few days to discuss investing in government debt worth EGP 15bn, a figure that may double in the future, according to a senior Egyptian government official. The official added that the fund will be underwritten in bills and bonds, …
Egypt fails to make the cut in top 20 Arab Companies list: Forbes Middle East
Country was fourth largest contributor to Top 500 companies in the Arab Worldâs list, Forbes Middle East indicated
UAE sends military vehicles to help secure presidential elections
Gulf countryâs move shows continued support for Egyptian roadmap
First stimulus packageâs projects to be completed by end of 2014: El-Araby
Around 60% of the stimulus package projects are done, says planning minister
First stimulus packageâs projects to be completed by end of 2014: El-Araby
Around 60% of the stimulus package projects are done, says planning minister
Fahmy meets African Union Peace and Security Council commissioner, discusses Egypt-AU ties
Egyptian FM also visits Saudi Arabia, Emirates to discuss environmental issues, aid to Egypt
UAE regulator cuts minimum sukuk size, eases securities borrowing
Reuters – The United Arab Emiratesâ financial market regulator has set new rules for Islamic and corporate bonds to encourage trading in them, and amended rules on securities lending and borrowing to make it easier for foreign institutions to operate. The changes are part of plans to introduce at least two new rules covering the …
Qatar buys helicopters, missiles in $23bn arms deals
Reuters – Qatar announced contracts worth about $23bn on Thursday to buy attack helicopters, guided missiles, tankers and other weapons from Boeing Co, Airbus and other arms makers as the Gulf state accelerates its military build-up. The worldâs top liquefied natural gas (LNG) exporter announced deals with about 20 global companies, including firms from the …
Dubai’s Emaar plans $2.5bn listing of shopping mall unit
Reuters – Dubai’s Emaar Properties said it would sell up to 25 percent of its shopping mall and retailing unit in a public offer expected to raise AED 8 to 9bn ($2.18-$2.45bn), making it one of the region’s largest equity offers since 2008. The proceeds âwill be primarily distributed as dividendâ to Emaar shareholders, Dubai’s …
Saudi lists ‘terror’ groups, orders Islamist fighters home
The move represents a major escalation against the Brotherhood of deposed Egyptian president Mohamed Morsi and indicates rising concern in Riyadh over the potential risks to domestic security of Saudi extremists fighting in Syria.
Qatar dispute is with âmajority of Arab countriesâ: Egypt
Foreign ministry says removal of ambassadors from Qatar shows opposition to the country’s âattitudes and policiesâ
Egypt and UAE armed forces begin joint training exercises
Air and naval forces two-week joint exercise latest example of Egypt-UAE cooperation
Government announces EGP 33.9bn second stimulus package spending
Total of EGP 21.7bn will be spent on investments; EGP 12bn will finance social programmes, including minimum wages
UAE assistance, budget savings to finance second stimulus package
Egypt signed a $2.8bn agreement with UAE in October to implement development projects
Qatar signs aid deal worth $1.25bn for Morocco
Morocco is under heavy pressure from international lenders to reduce its budget deficit after spending heavily on food and energy subsidies and higher public sector salaries in 2011 and 2012 to help defuse social tensions.
Why one foreign investor left Egypt
By Farah Halime One of the key markers of a thriving economy is whether investors are committed. For Egypt, attracting investors has remained a point of contention in the last three years â are they or are they not putting money in Egypt? Marshall Stocker, an American venture capitalist, was among a band of businessmen drawn …
Dubaiâs Expo accelerates investment plan: EFG Hermes
Expo 2020 in Dubai will possibly add a 0.5% to 1% growth to UAEâs real GDP in the next few years
Beblawi heads delegation in UAE visit
High-level delegation will meet with UAE officials to discuss bilateral relations and aid package.
Kuwait extends Egyptâs time frame to repay $2bn deposit to five years
This decision will help Central Bank of Egypt to take long term decisions: Expert