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Egypt’s CIB records Q1 net profit of $146.4 mln
Egypt's biggest private bank, Commercial International Bank has posted first-quarter net profit of 1.3 billion…
Egypt welcomes lifting Sinai from no-fly zones
Egypt's Civil Aviation Minister Sherif Fathy welcomed on Tuesday the decision issued by International Civil…
Ratings agencies downgrade UK credit rating after Brexit
The UK has lost its top AAA credit rating from ratings agency S&P following the country's Brexit vote. S&P…
Morgan Stanley denies it began moving 2,000 staff out of London after Brexit vote
Morgan Stanley denied it had begun moving 2,000 investment banking staff out of London, rejecting earlier media…
Brexit market shock may push world into recession, an economist says
Friday's hefty global equity losses may push the world economy into a contraction, the chief economist of an…
Economists vary on interest rate decision amid Egypt’s record core inflation
Five economists had different predictions on whether Egypt's central bank would raise or hold interest rates at its…
Turkish security forces kill 7,600 militants since July says Erdogan
Turkish security forces have killed 7,600 Kurdish militants since July 20, 2015, President Tayyip Erdogan said on…
Wall Street sees no rate hike in June; weak U.S. payrolls, ‘Brexit’ weigh
Wall Street's top banks unanimously expect the Federal Reserve to leave interest rates unchanged this month,…
AstraZeneca boosted by good results for biotech asthma drug
AstraZeneca's (AZN.L) drive to rebuild its portfolio of new medicines received a boost on Tuesday with positive…
Egypt to participate in Japan-Arab Economic Forum held in Morocco in May
Egypt will participate in the 4th Japan-Arab Economic Forum to be held in Morocco on 4-5 May 2016, the forum aims…
