Media In – 4 June 2018 The UAE and Saudi Arabia topped the $ 1.7 billion foreign investment in Egypt’s iron, ceramic and paper sector. Arab investments accounted for 60% of the total foreign investment, compared with 40% for other foreign nationalities
Read More »$ 5.1 billion Suez Canal revenues for 10 months
Media In – Cairo 4 June 2018 Suez Canal revenues rose to 5.1 billion dollars for the last ten months of the current fiscal year ending on June 30. According to the Egyptian financial sources, the channel’s revenues will reach $ 5.6 billion by the end of fiscal year 2018-2017 …
Read More »Completion of the reservation of Madinah projects within the program “Residential” in Saudi Arabia
Media In / Agencies / Riyadh 4 June 2018 The Ministry of Housing has announced the completion of the reservations of its projects in Medina, the number of 1171 units of the type of “apartment” variety of spaces and specifications and prices. The ministry confirmed the continuation of bookings in …
Read More »Egypt’s foreign reserves rise to 44.13 billion dollars
Media In – Cairo 4 June 2018 The Central Bank of Egypt (CBE) disclosed on Monday that foreign exchange reserve reserves rose to $ 44.139 billion in April 2018 from $ 44.033 billion, an increase of about $ 106 million.
Read More »Jordan: 18% unemployment rate this year
Media In / AGENCIES / Amman, 4 June 2018 The unemployment rate according to the report of the Department of Statistics during the first quarter of this year was 18.4 percent, an increase of 0.2 percentage points over the same period last year. The unemployment rate for males in the …
Read More »100 million Saudi Egyptian investment to open 3 factories for household appliances
Media In – Cairo 4 June 2018 The Ministry of Trade and Industry is preparing to open 3 new factories in the 6th of October City, belonging to the Unionaire Group of companies, including washing machines, refrigerators and television screens. At the same time, Engineer Tarek Qabeel, Minister of Trade …
Read More »AED 55.5 billion surplus of non-resident deposits on their loans
MEDIA, Abu Dhabi, June 4, 2018 (WAM) The latest statistics from the UAE Central Bank showed that the value of deposits of non-residents within the country from banks’ customers exceeded 55.5 billion dirhams at the end of April. Interest rates have increased during the past year and have continued to …
Read More »Positive progress in China-US trade talks
Media In – Beijing, June 4, 2018 – WAM China and the United States have made “positive” and “concrete” progress in implementing the consensus they reached in Washington at the end of last month, the Chinese government said yesterday. For its part, China expressed its willingness to increase imports from …
Read More »1285 with the Khalifa Fund for Enterprise Development in 2017
Media in Abu Dhabi 3 June 2018 / WAM / Khalifa Fund for Enterprise Development increased to 1,285 in 2017, while in the first quarter of this year, the Fund raised more than 470 transactions. Mr. Abdullah Saeed Al Darmaki, CEO of Khalifa Fund for Enterprise Development, said: “The Khalifa …
Read More »AED 4.35 billion profits of real estate companies in 3 months
Media in Abu Dhabi 3 June 2018 / WAM / The combined earnings of 13 companies operating in the real estate sector and listed in the financial markets jumped to AED 4.35 billion in the first quarter of 2018 with a growth of 29.4% compared to AED 3.36 billion in …
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