UAE to invest US$3 billion in Egypt agriculture
Source: BI-ME with Bloomberg , Author: Posted by BI-ME staff
Posted: Mon May 14, 2012 6:46 pm

EGYPT. The United Arab Emirates will invest as much as US$3 billion in four agricultural projects in Egypt, state-run Al-Ahram reported, citing Agriculture Minister Mohamed Ismail.

Ismail said the joint Egyptian-Emirati projects include poultry and cattle farms, the Cairo-based daily said.

 

 

MIDDLE EAST BUSINESS COMMENT & ANALYSIS

date:Posted: April 16, 2014
INTERNATIONAL. The WGC pointed out that the Chinese bank savings amount to US$7.5 trillion but only about US$300 billionn is allocated to gold, signifying the potential for gold demand to grow as Chinese wealth climbs.
date:Posted: April 16, 2014
UAE. "A similar drop to 2013 is unlikely. Those who wanted to get out of gold did, and the rest of 2014 will probably be a year of sideways trading."
date:Posted: April 16, 2014
UAE. Apartments sector witnessed increase of 29% whilst villa rentals have grown by 15% year on year; Over the next four years roughly 65,000 new residential units penned for completion.
dhgate