Guides & Analytics
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 construction of the world’s tallest tower. The company…
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 tourism, and the escaped Emirate businessman…
Lakah Tops OTC Value Traded
During Wednesday’s trading, the shares listed on the OTC trading have witnessed collective upwards except for the shares owned by the Arab Gulf Investment…
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 country use e-commerce services to buy products or…
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 in tourism and EGP 10 million to another working in…
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 operators, the firm's chief executive said on Tuesday. The…
DFM Remains Sluggish
The Dubai Financial Market (DFM) General Index closed at 1,642 (off 0.39%) Wednesday, as losses at Tamweel (down 9.50%) and Arabtec (3.34% lower) weighed on the…
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 2,513. Real estate firms Eshraq (up over six…