1.6 mln Incoming Tourists during Jan and Feb
Ministry of Tourism indicators showed an increase in numbers of incoming tourism to Egypt during January and…
EGX Losses L.E 1.7 Bln amid Selling Pressures; Early Trading
EGX has incurred losses of L.E 1.7 during Thursday’s early trading, as the capital market reached L.E 372.209…
HSBC Canada Shuts Consumer Finance Business, Cutting 500 Jobs
The Canadian arm of HSBC Bank will wind down its consumer finance business and lay off about 500 employees after…
China Stocks Decline to One-Week Low on Manufacturing Report
China’s stocks fell to a one-week low as a report that showed manufacturing may contract this month overshadowed…
Public Transport Workers are on Strike for the Eighth Day
Public Transport workers in Cairo continue today, Thursday, their strike for the eighth day; although the cabinet’s…
Emirates NBD Launches 5-year US$1 bn Bond
Emirates NBD, Dubai's biggest bank, launched a $1 billion five-year bond on Wednesday, joining other Gulf borrowers…
Microsoft: Investing In Egypt Is Prominent
Ayman Abdellatif, General Manager - Microsoft Egypt , started his words affirming that failures, trials and…
Water, energy security crucial in sustaining Egypt’s resurgence as a major economic hub
Egypt continues to be one of the most attractive investment destinations in the field of construction and…
Nikkei Ends Up As Stocks Tied To Domestic Demand Rise
Tokyo stocks rebounded on Thursday, with the Nikkei Stock Average falling 40.59 points, or 0.4%, to end the day at…
Bank Muscat Allocates RO150m for Islamic Banking Services
Bank Muscat has assigned RO150mn capital for its proposed Meethaq Islamic banking window. The final allocation will…
