Economy & Trade
November 15, 2012
The Egyptian Ambassador to Kuwait, Abdulkarim Suleiman, has talked up his homeland, in an effort to increase trade between to the to nations.
November 14, 2012
The European Union has approved a five billion euro ($6.3 billion) 'support package' to Egypt over a two year period to be disbursed through the EU's finance institutions, the Egyptian presidency announced on Wednesday.
Jordan's Prime Minister, Abdullah Ensour, has announced a raft of controversial policies that will usher in an age of austerity for the Kingdom as it grapples with a deficit but also seeks to please the IMF in a move that has caused widespread protests.
The Islamic Development Bank has allocated €1.27 billion in loans to Iran for implementing a number of wastewater projects, Iranian National Water and Wastewater Company Deputy Director Hossein Bonakdari said on Tuesday
Egypt's government will focus on boosting flagging economic growth to 3.5 percent this financial year and 4.5 percent in 2013/14 said Prime Minister Hisham Kandil
Dubai Chamber of Commerce and Industry inaugurated its first overseas office in the Azerbaijani capital of Baku.
November 13, 2012
The Community Development Authority has launched two inspiring books by El Kayt members, Zainab Abdulhameed Al Teneiji and Mohammed Rashed Al Ghafli, in cooperation with Kuttab Publishing House.
As it looks to secure investment from Libya, France says it is ready to start releasing almost $2 billion in frozen assets belonging to Libya's sovereign wealth fund.
The International Monetary Fund has just finished a visit to Algeria to asses the economy and hold discussions on the short and medium term policies that are being put in place in the context of a weakened global economic recovery.
The Dubai Chamber Trade Mission to Azerbaijan left for Baku Tuesday with over 20 leading business delegates looking to explore investment opportunities in this fast emerging market of the world.
The International Monetary Fund has said that Iran's economy has suffered only a minor contraction because of the ban on oil exports from Western nations.
Arab and Hungarian officials and businessmen are mulling around $2 billion worth of investments during a forum in Budapest that kicked off Monday.
November 12, 2012
Former Egyptian Finance Minister Samir Radwan warned of a severe financial crisis to hit the country if serious steps are not taken to salvage the collapsing economy, as foreign investment drops sharply.
Kuwait celebrated the 50th anniversary of the country's constitution with a large fireworks display, but also rising high in to the sky was the bourse - the stock exchange - as Kuwait gears up for elections in early december.
Egypt has recovered around $1.8 billion in funds and lands corruptly appropriated by Mubarak-era figures, the state-run daily newspaper Al-Ahram has reported