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Neno's Place Established in 2006 as a Community of Reality


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Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Established in 2006 as a Community of Reality

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Established in 2006 as a Community of Reality

Many Topics Including The Oldest Dinar Community. Copyright © 2006-2020


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    Rocky
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    Posts : 254029
    Join date : 2012-12-21
    • Post n°1

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    Post by Rocky Tue Sep 12, 2017 3:22 am

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    BEIJING 
    - 
    China said it is still one of the largest trading partners of Arab countries, with bilateral trade reaching 171.14 billion US dollars in 2016, while the value of projects signed by Chinese companies in Arab countries reached 40.37 billion dollars, up 40.8 percent. Percent on an annual basis, accounting for 16 percent of the total new contracts in the world. 
    These figures were reported in a report on "China-Arab Cooperation in Productive Capacity" at the 2017 China-Arab Countries Expo, which was recently organized in Yinchuan City of northwest China's Ningxia Hui Autonomous Region.
    China's cooperation with Arab countries has been steadily deepening in recent years thanks to the "Belt and Road" initiative, said the report, which was broadcast by Xinhua News Agency on Monday, noting that China's direct investment in Arab countries rose from $ 788 million In 2010 to $ 2.214 billion in 2015, and about 80 percent of Chinese investment flows into the UAE, Algeria, Saudi Arabia and Sudan. 
    He added that China is the largest trading partner of Saudi Arabia, Egypt, Iraq and other countries. The trade volume between China and Saudi Arabia, the UAE, Iraq, Oman and Egypt exceeded 10 billion dollars in 2016. He pointed out that China has built economic and trade cooperation zones in Arab countries, Industrial projects with characteristics in Egypt, Saudi Arabia, Oman and the UAE to enhance cooperation in productive capacity. 


    Cairo
    A new 
    package of measures and mechanisms to revive the market within six months The Chairman of the Egyptian Stock Exchange Mohamed Farid on Monday unveiled a new package of procedures and mechanisms to revive the market and increase trading volumes within six months as well as listing large companies in the stock exchange. 
    Farid said in an interview with Reuters that the new package includes activating the selling mechanism of borrowed securities before the end of the year, not short-term overdraft, as well as seeking to close the closed investment fund documents, amending the rules of the index funds and reducing the temporary suspension of 50 percent Fareed, who took over as president of the bourse last August, said the package includes activating future contracts and options contracts in the short term as well as conducting external promotional tours to attract new investments and hold a conference for initial proposals. 
    Most of the decisions of the Egyptian Stock Exchange require the approval of the Egyptian Financial Supervisory Authority prior to its implementation.
    "In the short term (within six months), we will deepen the market and increase trading volumes intensively by introducing new trading mechanisms and streamlining current trading procedures," Farid said. "We will reduce the trading time on stocks by 50 percent to 15 minutes , Starting from Tuesday's trading session. " 
    The Egyptian Stock Exchange announced in a press statement yesterday that the Egyptian Financial Supervisory Authority approved the decision of the Board of Directors of the Stock Exchange to reduce the temporary suspension period on shares and gave flexibility to the management of the stock exchange "regarding the increase or decrease of this period between a minimum of 15 minutes, maximum 30 minutes according to market conditions "He said. 
    Farid added that the exchange aims to activate the mechanism of selling borrowed securities before the end of 2017. "There has been legislation that has already been in place for that mechanism since 2004, and it has not done so yet," he said, "What we're going to do is sell borrowed securities, not overdrafts."



    European stocks 
    rose on Monday in early trading and insurance companies led the upward trend after Hurricane Erma weakened in the United States, boosting expectations that the cost to the sector could be lower than originally feared. 
    The insurance sector was the biggest gainer among European sectors, rising 1.6 percent after US insurance losses due to hurricane Erma fell to between $ 20 billion and $ 40 billion. 
    German reinsurance company Hannover Re rose 5 percent, Munich Re was up 3.5 percent, and the two companies gained gains, with the STOXX 600 rising 0.6 percent 
    and Germany's DAX up 0.63. Percent, and the index "Financial Times 100" British 0.
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