UAE bourses rebound, banks weigh on Saudi
Stock markets in the Gulf diverged on Monday, with the two main bourses in the United Arab Emirates recovering from…
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UAE
UAE Khalifa Fund to pump $200 mln in Egypt in 5 years
Abu Dhabi’s Khalifa Fund for Enterprise Development plans to pump $200 million into Egyptian market in the coming…
UAE’s Khalifa Fund directs 60% of Egypt investments to rural areas
Abu Dhabi’s Khalifa Fund for Enterprise Development says 60 percent of its investments in Egypt are dedicated for…
Al-Futtaim’s Cairo Festival City mall to increase rental rate by 6% in 2017
Cairo Festival City mall , developed and operated by UAE Al-Futtaim Group, is set to embrace a plan to increase the…
Egypt’s Moukhtar Ibrahim to open up UAE, Algeria branches by year-end
Egypt’s construction firm, Moukhtar Ibrahim plans to inaugurate two branches in UAE and Algeria by the end of…
Russian-Egyptian-UAE Fund initial capital to reach $500 mln: minister
Egyptian government has agreed with the Russian side on the value of planned investments in the joint…
Sharm El-Sheikh may host UAE Super Cup: report
Egypt's Red Sea Sharm El-Sheikh resort may host the United Arab Emirates Super Cup next month, Emirati newspaper…
Egypt FDI rises by 49.3%, reaching $6.9bn in 2015
Egypt received 17.3% of total foreign direct investment (FDI) in Arab countries in 2015, raking third after the…
Banque Misr obtains $105 mln murabaha facility from UAE banks
Banque Misr, Egypt's second-largest state lender, has obtained a $105 million murabaha financing facility from…
UAE says its war in Yemen ‘practically over’
The United Arab Emirates' involvement in more than a year of war in Yemen is "practically over", a top diplomat was…
