Egypt’s UPA, GCM, Informa form alliance to expand Africa Health ExCon
Egypt’s Unified Procurement Authority (UPA) has entered into a strategic partnership with GCM Conferences and…
Egypt pound shows mixed moves against dollar in early Thursday trading
The Egyptian pound showed mixed movements against the US dollar in early Thursday trading, with rates diverging…
Oman c. bank cuts repo rate by 25 basis points
The Central Bank of Oman (CBO) on Thursday cut the Repurchase Agreement (repo) rate by 25 basis points to 4.25 per…
Kuwait c. bank cuts rates by 25 basis points
The Central Bank of Kuwait (CBK) on Wednesday cut the discount rate by 25 basis points to 3.50 per cent, effective…
Qatar c. bank cuts key interest rates by 25 basis points
The Central Bank of Qatar (QCB) on Wednesday lowered its main interest rates by 25 basis points on Wednesday,…
Saudi c. bank cuts repo, reverse repo rates by 25 basis points
Saudi Arabia’s central bank (SAMA) on Wednesday reduced the Repurchase Agreement (Repo) rate by 25 basis points to…
UAE c. bank cuts base rate by 25 basis points
The Central Bank of the UAE (CBUAE) on Wednesday lowered its Base Rate for the Overnight Deposit Facility by 25…
Gold prices eased on Thursday
Gold eased from a near one-week high on Thursday as a divided US Federal Reserve rate cut left investors uncertain…
Oil prices steady on Thursday
Oil prices held steady on Thursday, with Brent crude at $62.16 a barrel and US West Texas Intermediate (WTI) at…
Asian markets retreat on Thursday
Asian markets retreated on Thursday after a sharp sell-off in US tech shares, triggered by disappointing earnings…