‘Djamila Bouhired’ movie star Magda al-Sabahi dies at 89
Magda al-Sabahi, best remembered for her signature role depicting Algerian legendary guerrilla fighter Djamila…
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Egypt’s central bank announces rate meeting schedule for 2020
Egypt’s central bank on Wednesday announced the schedule of its meetings that determine the course of monetary…
EBRD becomes shareholder in Egyptian private firm Infinity Energy
The European Bank for Reconstruction and Development (EBRD) said on Wednesday it has become a shareholder in…
Singapore’s BIGO to launch AI scholarship for Egypt, Saudi, Jordan youth in 2020
Singaporean internet technology company, BIGO says it plans to launch a scholarship competition in artificial…
EBRD inaugurates its third office in Morocco
The European Bank for Reconstruction and Development (EBRD) is boosting its outreach in Morocco through the…
NYSE may allow companies to raise fresh capital in direct listings
The New York Stock Exchange (NYSE) is working on allowing companies to raise direct capitals in directing listing…
Fitch affirms Egypt rating at B+ with ‘stable’ outlook
Fitch Ratings has on Monday affirmed Egypt's Long-Term Foreign-Currency (LTFC) Issuer Default Rating (IDR) at 'B+'…
UAE’s Dana Gas says received $105 mln from Egypt operations in 9 months
United Arab Emirates’ Dana Gas has received payments of $105 million from its operations in Egypt during the first…
HSBC: Businesses in Egypt now more bullish about growth
Businesses in Egypt are more optimistic about their future than they were last year and their expectations for…
Al Baraka Bank 9-month net income hits $132 million
Al Baraka Banking Group BSC (ABG), a Bahrain-based leading Islamic banking group, achieved a net income of $132…