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…
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UAE
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…
UAE-based CGP puts out the construction of ‘Alburouj’ to tender
Capital Group Properties (CGP), a company owned by leading UAE developers Abu Dhabi Capital Group (ADCG) and Al Ain…
Healthcare provider Cleopatra to list on Egypt bourse by May-end: official
The Egyptian subsidiary of UAE-based Abraaj Group is scheduled for listing on Cairo bourse by the end of this May,…
Congress notified of possible $476 million missile sale to UAE: Pentagon
The U.S. State Department has approved the possible sale of $476 million worth of Hellfire III air-to-surface…
Egypt hopes to receive $2 bln deposit from UAE before May-end
Egypt is in talks with the United Arab Emirates to receive $2 billion in a Central Bank of Egypt (CBE) deposit…
Egypt, UAE conclude naval exercises in Arabian Gulf
Egypt and the United Arab Emirates concluded on Friday their two-week long joint military drill in the Gulf…
UAE property prices may decline further in 2016 amid weak market conditions: Report
For 2016, we see no sign of improvement for the UAE real estate sector, despite housing affordability…
Abu Dhabi, Dubai stocks pulled down by banks; Saudi cools
Share price declines among leading banks in the United Arab Emirates after disappointing quarterly earnings reports…