Bold strategies may help global banks double their value in 5 yrs – BCG
Global banks could potentially double their current valuations, creating at least $7 trillion in value over the…
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Egypt’s NAC profits exceed EGP 20 bln in FY ’22-23 – PM
Egyptian Prime Minister Moustafa Madbouli announced on Sunday that the New Administrative Capital (NAC) made over…
Egypt exports 5,170 consignments during Jan 6-12
The National Food Safety Authority released its 49th weekly report covering the period from January 6 to 12 on…
QNB reports 8% profit rise
Qatar National Bank (QNB), the largest bank in the Gulf by assets, announced on Thursday an 8 per cent increase in…
BOROUGE, NAFFCO sign AED160 mln supply contract
Borouge Plc, a top global petrochemical firm, declared on Thursday the signing of an AED160 million deal with…
FAB launches 1st global Sukuk in ‘24
First Abu Dhabi Bank (FAB) issued on Thursday a five-year Sukuk worth $800 million at a rate of U.S. Treasury +85…
UAE’s ADNOC Drilling, Alpha Dhabi announce global alliance
ADNOC Drilling Company and Alpha Dhabi Holding declared on Tuesday the establishment of their strategic investment…
EDF Energy to prolong U.K. nuclear plants’ lifespan
Britain’s biggest generator of zero-carbon electricity, EDF Energy, announced on Tuesday that it plans to prolong…
$95bln insurance losses from natural disasters in ’23
Natural disasters, including earthquakes in Turkey and Syria and storms in the United States, resulted in an…
Egypt to build healthcare resort in Giza
The General Authority, Investment, and Free Zones (GAFI), Misr Investment and Development (MID) Company, and Maxim…