51% of Egypt’s external debt owed to seven countries: CBE
37.3 percent of Egypt’s external debt comes from the Arab countries, mainly Saudi Arabia, Kuwait, and the UAE, a…
Browsing Tag
UAE
Redcon’s affiliate braces for major medical project in UAE CGP’s Egypt debut
Redcon Medical, an affiliate to Egyptian developer Redcon Construction, is preparing mid 2017 for a comprehensive…
Uber, Careem suspend services in UAE capital
Ride-hailing companies Uber and Careem have suspended services in Abu Dhabi, the capital of the United Arab…
Ousta raises $1.25m from Egypt, UAE investors
Founder and chairperson of Ousta Nader El-Batrawi said his company was able to secure a $1.25m bridge investment…
Egypt FinMin, CBE governor in Washington for new round of IMF talks
Egypt’s central bank governor Tarek Amer and Minister of Finance Amr el-Garhy are conducting a new round of loan…
UAE development arm deposits $1 billion to spur Egypt economy
The Abu Dhabi Fund for Development (ADFD), the UAE’s international development arm, has deposited $1billion at…
UAE’s Egypt deposit ‘timely’, contributes to pound stability: official
The latest Emirati deposit of one billion dollars to Egypt is "timely" and contributes to the stability of the…
UAE to provide Egypt central bank with six-year $1 bln deposit: agency
The United Arab Emirates has agreed to provide Egypt's central bank with a $1 billion deposit for a duration of six…
UAE National Bonds’ website now offers up-to-date financial planning advice
UAE’s leading sharia-compliant savings and investment company National Bonds, now provides financial planning tips…
Trade minister: Egypt’s exports to UAE soar by 112% in 6 months
Egyptian exports to the Emirati market witnessed a leap during the first half of 2016, marking a 112 percent hike.…