BofA expects US economy to fall in Q2
Bank of America (BofA) has warned that the U.S. economy could shrank in the second quarter, after an economic data…
Saudi Arbia’s Savvy Games Group to acquire Scopely
Saudi Arabia’s Savvy Games Group entered a $4.9 billion deal to acquire Scopely, a maker of mobile games including…
Saudi Al Rajhi Bank biggest ME bank in value – Forbes
Saudi Arabian Al Rajhi Bank topped Forbes Middle East’s list of top 50 most valuable banks representing 10 markets…
Moroccan OCP group secures €100mln IFC fund
Moroccan OCP Group has been granted €100 million loan from the International Finance Corporation (IFC) to fund its…
Egypt’s CIB opens its first branch in Kenya
Egypt’s Commercial International Bank (CIB) opened its first Kenyan branch in Nairobi on Sunday, following its…
Gulf markets briefing 10/04/2023
The Gulf markets witnessed a drop in the Saudi main index, Tadawul All Share, by -0.49 percent to 10,912.02
US’s Republic Crypto expands its presence in MENA through UAE
Republic Crypto said on Wednesday that it is initiating its presence in the Middle East/North Africa (MENA region)…
Egyptian Exchange briefing 10/04/2023
The Egyptian Exchange closed high on Monday, with the main index, EGX 30, rising by 0.60 percent to 16,774.64.
World Bank, IMF to discuss global economic state
David Malpass, president of World Bank, and Kristalina Georgieva, managing director of the International Monetary…
Egypt’s Sakakini Palace: 19th century masterpiece under restoration
Egypt's El-Sakakini Palace, a 19th century French Rococo style palace, is currently undergoing renovation and is…
