Latest in Tag: United Arab Emirates Highlight
Latest in Tag: United Arab Emirates
Saudi and Emirati investments to recycle agricultural waste in Egypt
The investment costs for the first phase reach $600m of joint Saudi, Emrati and Egyptian investments.
Making the most of Gulf aid to Egypt
By Farah Halime, Rebel Economy We may not like it, but Egypt desperately needs Gulf money. So why not change the way the Gulf lends money to Egypt to make it count. It won’t be just about wasting away cash to address a symptom without resolving the underlying problem. Indeed, without Gulf aid, the government would have …
Egyptian diplomacy working on resuming regional role: FM
Foreign Ministry spokesman outlines Egypt’s plans concerning issues with neighbouring countries
Gulf funds push foreign reserves to highest levels since November 2011
Egypt’s net reserves reached $18.9bn in July, up $4bn from the month earlier, as Gulf aid pledged to the cash-strapped country started flowing in.
Sawiris: My family will pump billions of dollars worth of investments into Egypt following the 30 June uprising
Sawiris further said in a statement made to Reuters that Morsi sought to reign in and contain a number of Egypt’s leading businessmen and companies through the imposition of stringent new tax laws due to their position as members of the country’s opposition.
Mona Makram Ebeid: IMF representatives reinforce the need to build a new strong economy within Egypt
IMF officials reinforced the need to encourage the growth of a strong new Egyptian economy rooted in the private sector, and build on competition instead of favouritism.
Fitch Group’s new credit downgrade of Egypt does not take into account recent aid received from the Gulf
The analysts stated that the recent downgrade would not have a large affect on Egypt’s banking sector, adding that the value of stock for some banks may decrease as a result, but only for one or two trading sessions at the most.
Mobile operators strategise fee structures
Roaming charges for Egypt’s three main mobile service providers remain relatively equal
Friends of Syria reiterate support for political solution ahead of Geneva II
The group of 11 states condemned the presence of foreign fighters in Syria and the increasing radicalism in the conflict
Trial referrals for UAE detainees imminent
Egyptian ambassador to the UAE visits detained Brotherhood members and says investigations will conclude soon
103 Egyptians released from UAE prisons
The announcement marks an attempt to ease tensions between the two countries
Egypt hosts international meeting on Syria
Officials from 11 countries express support for SNC and Al-Khatib
Egyptian delegation heads to Libya
Egyptian political party sends delegation to Libya amid diplomatic tensions between the neighbouring countries
EFG Hermes: Egypt’s economy will grow 3.5% in 2013
The acceptance of Egypt’s pending IMF loan will have a positive effect on the economy and there will be an increase in tourism and FDI throughout the year, says EFG
The Arabian Dream: Abu Dhabi’s Mercenaries
The Colombians had entered the United Arab Emirates posing as construction workers. In fact, they were soldiers for a secret American-led mercenary army being built by Erik Prince
Brotherhood expresses concern for 11 detained in UAE
FJP spokesperson says the 11 are a special case, as no charges have been filed against them
Egyptian delegation in UAE
Egyptian delegation in UAE to discuss increased cooperation, rights of Egyptian detainees and the rights of migrant workers
ENBD to acquire BNP Paribas Egypt for $500 million
Gulf investors show interest in the Egyptian market despite political turmoil