Media In / Amman 26 June 2018 The deficit in the Jordanian trade balance fell by 5 percent in the first quarter of this year, driven by a 4 percent increase in the value of national exports and a 2.5 percent decline in imports. The total value of exports during …
Read More »Central Bank of Bahrain confirms continued peg to the dollar
MEDIA IN, Manama, June 26, 2018 (WAM) The Central Bank of Bahrain (CBB) has confirmed its commitment to keep the dinar pegged to the dollar and there is no change in the value of the Bahraini dinar. The bank will continue to maintain the current monetary policy, which is based …
Read More »Jordan: 38% increase in the area of non-residential buildings in the first third of this year
Media In / Amman 26 June 2018 According to Jordan’s statistics department, the area of buildings licensed for residential purposes during the first third of 2018 accounted for 72% of the total area of licensed buildings, while the area of buildings licensed for non-residential purposes constituted 27% of the total …
Read More »Saudi-Jordan Business Council discusses strengthening of trade and economic fields
MEDIA IN – Amman 24 June 2018 SPA The Saudi-Jordanian Business Council reviewed the existing relations between the Kingdom of Saudi Arabia and Jordan and means of enhancing them in the fields of trade, economy and investment. During the meeting in Amman, the participants called for the necessity of pushing …
Read More »The Egyptian Stock Exchange closed at a high of 16,395.02 points
MEDIA IN – Cairo 24 June 2018 SPA Egyptian stock indexes ended higher today amid buying by Arab investment institutions and funds, while domestic and foreign investors tended to sell. The main index of the Egyptian Stock Exchange “EGX30” rose 0.3% at the level of 16,395 02 points, and the …
Read More »Discovery of a new gas field with reserves of 90 trillion cubic feet in Egypt
MEDIA IN – Cairo – Saleh Ali June 24, 2018 A new gas field has been discovered with a reserve of 90 trillion cubic feet on the Egyptian coast on the Mediterranean. The first well will be dug with a $ 105 million field called Noor. The field, which exceeds …
Read More »Sharp drop in foreign exchange reserves in Algeria
Media IN- Agencies 24-06-2018 Algerian Prime Minister Ahmed Ouyahia said on Saturday that his country’s foreign exchange reserves fell by $ 7.3 billion in the first five months of this year and are expected to fall by $ 5 billion from now until the end of the year. Ouyahia said …
Read More »President Sisi endorses the law on allowances and pensions
Media IN- CAIRO 24-06-2018 – Egyptian President Abdel Fattah al-Sisi announced on Saturday a law to grant an exceptional allowance to state employees and employees of 10 percent of the basic wage. The minimum amount of the periodic bonus payable is 65 pounds per month (about 3.6 dollars) The law …
Read More »Tunisia raises fuel prices by 75 million per liter
Media IN 23 06 2018 Tunisia has decided to raise the price of gasoline and diesel fuel by 75 million per liter starting today. The Ministry of Energy and Mines said in a statement that this increase, which came in light of the rise in oil prices in the world …
Read More »Egypt’s foreign trade volume in the first quarter of 2018
Media In – Saleh Ali June 23, Egypt’s foreign trade amounted to 25 billion dollars, of which 7.192 billion dollars with Arab countries during the first quarter of 2018. The UAE topped the list of Egyptian exports to Arab countries at $ 723.9 million. According to a bulletin issued by …
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