News

Media In – Cairo – 9 June 2018 The Egyptian-American Entrepreneurship Foundation launched an initiative to launch a $ 10 billion fund raised by Egyptians abroad to invest in the Egyptian market. The Foundation held talks with several heads of Egyptian communities abroad to contribute to the fund, which aims …

Media In / Riyadh June 9, 2018 The Ministry of Housing has announced the completion of 40% of the project “Retaj Mecca” launched last month within the projects of “residential” and is located in the neighborhood of Nawariyah in the northern entrance to the holy capital, stressing that the third …

Media in – Dubai 9 June 2018 / WAM / Emirates Airline today opened its daily service between Dubai International Airport and London Stansted Airport with the arrival of its Boeing 777-300ER to Stansted at 2 pm This is the seventh stop in the UK to be served by regular …

Media in – Dubai 9 June 2018 / WAM / Events at the Dubai World Trade Center (DWTC) in 2017 set a new record, with the remainder of Dubai’s economy at AED 12.7 billion, equivalent to 3.3 per cent of the emirate’s 2017 GDP. An economic impact assessment report by …

Media in – Dubai 9 June 2018 / WAM / The Dubai Competitiveness Report 2018 issued by the International Institute for Administrative Development (IISC) revealed that as a result of the disciplined fiscal policy, which was guided by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime …

Media in – Beijing, June 9, 2018 (WAM) China plans to abolish rules restricting foreign investment in domestic banks and financial asset management companies in its latest efforts to push for financial openness. Restrictions on foreign holdings in these financial institutions will be removed, according to a statement issued by …

Media In – Abu Dhabi 9 June 2018 / WAM The UAE, represented by the National Accreditation System (ENAS), participates in the celebration of the International Day of Accreditation, which falls on 9 June each year. This year’s event comes as the UAE has achieved advanced positions in the quality …

Media In – June 8, 2018 The formation of the UAE-Saudi cooperation committees has contributed to closer relations between the two countries and increased the volume of trade exchange between them during the past months. Saudi Arabia has become the fourth most important trading partner in the UAE. Saudi Arabia …

 MediaIn / Agencies / Riyadh 7 June 2018 The Saudi Ministry of Finance, represented by the Debt Management Office in Jeddah today, signed an agreement to appoint five Saudi banks as primary dealers in local government securities, in the presence of His Excellency the Minister of Finance, Mr. Mohammed bin …

Media in Cairo, 7 June 2018 The Central Bank of Egypt paid 8.6 billion dollars of foreign debt during the period from July to December last year 2017. The central bank pointed out that $ 7.5 billion of the debt repayment value of $ 1.1 billion represents debt interest. According …