Saudi Arabia: $2.5 bn allocated for 108 industrial projects last year
The Director General of the Saudi Industrial Development Fund (SIDF), Ibrahim Almojel, said that the fund’s appropriations during the 2018 ...
Tag: finance
Iran, Iraq “to meet $20bn trade target in 2 years”
Iran’s Minister of Industry, Mine and Trade Reza Rahmani said Tehran and Baghdad have agreed to reach the target of ...
QFCRA and Central Bank of Oman sign MoU to enhance ties
The Qatar Financial Centre Regulatory Authority (QFCRA) and the Central Bank of Oman (CBO) have entered into a Memorandum of ...
New strategy to lure FDI to Lebanon needed: UNCTAD
Lebanon is expected to enter a new promising and prosperous era once the $11 billion in soft loans earmarked for ...
Egypt, AfDB discuss boosting cooperation in different developmental domains
Prime Minister Moustafa Madbouli asserted Egypt's keenness on increasing the volume of cooperation with the African Development Bank (AfDB) during ...
Egypt’s foreign reserves hit $44.06bn by end of February
Egypt’s foreign reserves rose by $1.4 billion by the end of February 2019 to reach $44.06 billion, compared to $42.6 ...
Dubai Ruler allots $3bn for infrastructure projects
Sheikh Mohammed bin Rashid Al Maktoum, UAE Vice President and Prime Minister and Ruler of Dubai, reviewed road and infrastructure ...
Lebanon’s bank deposits forecast to grow by $8 billion
Lebanon’s domestic bank deposits are forecast to grow by a “conservative” $7 billion to $8 billion in 2019 compared with ...
NBE seeks to finance mega, infrastructure projects by LE 180bn
The National Bank of Egypt (NBE) aims to pump LE 180 billion to finance mega and infrastructure projects during three ...
Italian companies seek to invest in Egypt
A number of Italian companies expressed their desire to expand their investments in Egypt and to enter into new investment ...
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