Egypt signs three cooperation agreements with Kuwait
International Cooperation Minister Sahar Nasr signed three agreements of cooperation with Abdel Wahab Badr, general director of the Kuwait Fund...
Business & Economy
$10 million glass factory to open in Zahleh
Glasspack, a newly established company, will open in mid-2018 a factory for the manufacturing of glass bottles and jars in...
Port of Beirut transshipment operator CMA CGM to start operations at Tripoli Port
Port of Beirut transshipment operator CMA CGM has opened offices at the Port of Tripoli (PoT) where it will soon...
Egypt sharply increases customs duties as it seeks to curb imports
Egypt has sharply raised customs duties on more than 300 goods to encourage domestic production and curb a ballooning trade...
ICT is the fastest growing sector of the Lebanese economy by 10%
The information and communication technology (ICT) market is expected to grow at a compound annual growth rate (CAGR) of 9.7...
GE and banks partner to finance Iraqi projects
GE, Trade Bank of Iraq (TBI) and Standard Chartered Bank (SCB) have signed a financing MoU to accelerate the development...
Qatar emerges as Ukraine's key investment partner
Qatar is considered as a very important commercial and investment partner and a potential supplier of Liquefied Natural Gas (LNG)...
How will VAT affect the GCC’s construction sector?
The UAE is expected to introduce the 5% VAT from 1 January 2018, but will have until 1 January 2019...
$4.6 billion industrial port project planned on the Suez Canal
Russia's Trade Minister Denis Manturoc announced that Egyptian President Abdel Fattah al-Sisi had allocated Moscow an 80 hectare area in...
Egypt is charting a new economic course
Earlier this month, Egypt announced a program of sweeping economic reforms. Its features include fiscal consolidation, a widening of the...
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