Fitch’s US credit rating remains on negative watch
The US AAA credit rating is still on negative watch, even after the debt limit agreement, Fitch Ratings announced…
Egypt, Qatar agree on launching initiative to support Sudanese people
Egypt’s President Abdel Fattah al-Sisi and Qatar’s Amir Sheikh Tamim bin Al Thani agreed on Friday to launch a…
Asian markets briefing 02/06/2023
The Asian markets closed high on Friday with the Chinese main index, SSEC, rising by 0.79 percent and gained 25.43…
European markets briefing 02/06/2023
The European market closed high on Friday with London's main index, FTSE, rising by 1.56 percent to 7,607.28,…
Samsung to set up mobile phone factory in Egypt
Samsung Electronics, the world's biggest mobile phone maker, has agreed to set up a new mobile phone factory in…
United States market briefing 02/06/2023
The United States market closed high on Friday with the Dow rising by 2.12 percent to 33,762.76, gaining 701.19…
Egypt’s Housing and Development Bank eyes 25% growth in 2023 – chairman
Egypt’s Housing Development Bank (HDB) has successfully implemented a very ambitious strategy throughout the past…
Egypt inks 3 deals with FAO funded by Netherlands, Japan
Egypt's Ministry of Irrigation and Water Resources inked on Thursday three agreements with the Food and Agriculture…
Gulf markets briefing 01/06/2023
The majority of the Gulf markets closed high on Thursday with the Saudi TASI rising by 0.46 percent to 11,064.59,…
Egypt’s El Sewedy Electric earnings double by 283% to EGP 3bln in Q1 2023
Egypt’s El Sewedy Electric announced on Tuesday that its profits doubled by more than 283 percent to 3.1 billion…
