Dubai’s Union Properties Posts Q3 Profit
Union Properties posted a quarterly profit on Wednesday despite a decline in revenue, as the real estate developer…
Hesham Zazou: No Financial Allocation Rise For “Formula One”
Egyptian Minister of Tourism Hesham Zazou refused increasing the financial allocations for the sports tourism and…
EGX 30 Opens 0.22% Lower, Hit 5755 Pts
During Wednesday opening session, the Egyptian Exchange (EGX) has posted early losses of EGP 335 million as the…
Wall Street Restart: Where Will Investors Begin?
Investors could be trying to get back to some sense of normalcy Wednesday, but strategists say it’s going to be…
EALB Contributes EGP 150 Mn To Finance For Egyptian Steel Group
The Egyptian Arab Land Bank (EALB) approved contributing to the first Islamic syndicated loan arranged by Banque…
Dollar Weakens Before U.S. Markets Reopen
The dollar slipped further during Asian trading hours Wednesday, although major currency pairs moved in narrow…
Oil Firms Boost Europe Stocks In Upbeat Trade
European stock markets moved higher in early action on Wednesday, with oil firms in the lead after a well-received…
Asia Stocks Rise, With Earnings, Sandy In Focus
Most Asian markets ended higher Wednesday, with strong earnings from some major regional corporations pulling in…
UAE’s Dana Gas Won’t Pay Bond On Maturity
Dana Gas DANA.AD is set to become the first United Arab Emirates (UAE) company to fail payment of an Islamic bond…
Insurance Federation Of Egypt Sets Date Of Candidature Today
The board of directors of the Insurance Federation of Egypt (IFE) will hold a meeting today to set the starting…