Arab Finance: Egyptian banks’ net interest margins (NIMs) are expected to withstand the impact of major interest rate cuts likely to be introduced by the Central Bank of Egypt (CBE) this year, ...
Arab Finance: The Egyptian Exchange (EGX) showed a varied performance on Monday, with the EGX30 index down by 0.02% to 30,436.71 points. Both the EGX70 and EGX100 index also ended the session lower by ...
Arab Finance: Egypt is working on an agreement with Israel to boost its natural gas imports by about 58% from the current 950 million cubic feet per day, starting the second half (H2) of 2025, unnamed ...
Arab Finance: The Egyptian Exchange (EGX) closed Sunday’s trading session with a positive performance, with the EGX30 index up by 1.49% to 30,443.82 points. Likewise, the Sharia-compliant index, EGX33 ...
Arab Finance: PepsiCo Egypt has appointed Karim Khedr as its Senior Vice President (SVP) and Chief Executive Officer (CEO), according to an emailed press release. Khedr will lead the company’s next ...
Arab Finance: Boursa Kuwait's indices ended Monday's session with a negative performance. The Premier Market Index dropped 0.92 points, or 0.01%, to close at 8,566.95 points. The Main Market Index ...
Arab Finance: Minister of Petroleum and Mineral Resources Karim Badawi met with Mohamed Farouk, CEO of ADES Holding to discuss the firm's operations in drilling exploratory and production wells in the ...
Arab Finance: Egypt is nearing the conclusion of negotiations with the European Union (EU) and the European Bank for Reconstruction and Development (EBRD) to secure up to €200 million in financing for ...
Arab Finance: Minister of Investment and Foreign Trade Hassan El-Khatib met with a delegation from Saudi Arabia’s ACWA Power Group, led by Chairman Mohammad Abunayyan, to explore investment ...
Arab Finance: The Dubai Financial Market Index (DFMI) increased by 13.568%, or 643.09 points, to close Monday’s trading session at 5,382.85 points. Meanwhile, the FTSE ADX General Index (FADGI) of the ...
Arab Finance: Dana Gas, a UAE-based energy company, is set to resume its drilling activity in Egypt starting March, following the receipt of overdue payments from the Egyptian General Petroleum ...
Arab Finance: The Tadawul All Share Index (TASI) of the Saudi Exchange plunged by 0.85% on Monday, closing at 12,266.46 points, slightly down from 12,372.07 points in the previous session. The session ...
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