Lebanon’s Bank BEMO Profit Drops 53%
Lebanese Bank BEMO published its unaudited financial statements early this week, reporting a 53.57 percent…
Emirates Group Announces 24th Consecutive Year of Profit
The Emirates Group has today announced its 24th consecutive year of profit and companywide growth amidst…
OTC Shares Mostly Down, Lakah Group Tops Traded Value
During Wednesday’s trading, the shares listed on the OTC trading have witnessed collective downwards except…
S&P: GCC Insurers Depend On Health Insurance
Regulatory change has favored health insurance, making it one of the main engines of revenue growth for the…
Google Pays Tribute To Famous Egyptian Sculptor Mahmoud Mokhtar
Google pays tribute today to the great Egyptian sculptor Mahmoud Mokhtar with a special doodle to commemorate his…
CIB Q1 Net Income Rises 64%
Commercial International Bank (CIB), Egypt's biggest private bank by assets, said on Wednesday that first quarter…
Egypt’s Junta to make Limited Cabinet Reshuffle
Egypt's military rulers will replace four ministers in a limited cabinet reshuffle that will be announced…
Inflation Rate, External Debt Are Expected To Raise; Former CBE’s Governor
Dr. Mahmoud Abul Eyoun, Professor of Economics at University of Zagazig and Chief Economic & Financial Advisor…
Rania Al-Mashat: Comprehensive Economic Policy Is A Must To Restrain Inflation
Rania Al-Mashat, sub governor and chief of monetary policy division at Central Bank of Egypt, said economic growth…
QInvest To Pay EGP 360 Mln For EFG-Hermes Asset Management
Qatar’s QInvest will pay EFG-Hermes Holding (HRHO.CA) EGP 360 million ($60 million) for 60% of its stakes in Asset…