?
A meeting held by the Minister of Trade and Industry, Dr. Samiha Fawzy, and the Federation of Egyptian Industries (FEI), which represents all the industrial sectors in Egypt, agreed to a number of guarantees for Egyptian workers in the industrial sector.
Standard & Poors Ratings Services lowered its long- and short-term sovereign credit ratings on the Kingdom of Bahrain (Bahrain or the Kingdom) to A-/A-2 from A/A-1 and placed them on CreditWatch with negative implications.
Raysut Cement Company announced that it saw a 27.7 per cent fall in net profit at US$53.8mn for last year, due in part to a big fall in sales.
A new study has shown that a lack of skills is the biggest challenge CIOs in the GCC face, both internally as well as within their partner ecosystem, when it comes to increasing investment in IT security and storage.
The minister of finance announced that Jordans budget deficit fell by US$704mn which amounted to 5.3 per cent of gross domestic product (GDP).
