India Reduces Rates 50 BPS to Boost Growth
India's central bank cut its main interest rates by 50 basis points on Tuesday - its first reduction in three years…
Oil Prices To Rise If Iran Halts Exports to OECD: IMF
The International Monetary Fund (IMF) warns crude prices could rise by 20 to 30 percent this year if Iran halts oil…
Kingdom Holding Seeks Financial support for World’s Tallest Tower
Kingdom Holding, Saudi Prince Alwaleed bin Talal’s investment company, is seeking a loan to help pay for the…
June 19, Criminal Court To Return Verdict On Garana
Giza Criminal Court headed by Judge Hosam Dabous adjourned today the case of Zohair Garana, the former minister of…
Lakah Tops OTC Value Traded
During Wednesday’s trading, the shares listed on the OTC trading have witnessed collective upwards except for…
E-Commerce Services are Used by 22.4% of Internet Users in Egypt
A new Arab Advisors Group survey of Egypt's Internet users revealed that around 22.4% of Internet users in the…
NBE To Offer EGP 70 Mln Credit Facilities
National bank of Egypt (NBE) studies offering credit facilities of EGP 60 million to a faltering customer working…
Mobily to Sell Surplus Capacity to Foreign MVNOs
Saudi Arabia Telecom Company “Mobily” is in talks to sell surplus network capacity to a number of foreign…
DFM Remains Sluggish
The Dubai Financial Market (DFM) General Index closed at 1,642 (off 0.39%) Wednesday, as losses at Tamweel…
ADX Edges Up 0.32% Backed by Real Estate Developers
The Abu Dhabi Securities Exchange (ADX) General Index consolidated above 2,500 points Wednesday, closing at…
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