Gulf stock markets briefing 20-3-2023
Gulf stock markets slightly declined in their main indices this Monday, with the exception of the Saudi market.
Egyptian Exchange Briefing 20/03/2023
The Egyptian Exchange witnessed an incline in the majority of its indices on Monday, with the main index, EGX 30,…
UBS acquires Credit Suisse for $3.25 billion
The Swiss National Bank announced on Sunday in a statement that UBS is taking over Credit Suisse for $3.25 billion.
China’s lending benchmark remains the same
China has kept its lending rates benchmark unchanged for the seventh month in March, as the economy recovers…
China launches campaign to hire university graduates
The Chinese News Agency announced on Sunday that the country launched a campaign to hire university graduates in…
El-Erian: UBS acquisition of Credit Suisse most reasonable option
Egyptian-American economist Mohamed El-Erian, said that Union Bank of Switzerland’s (UBS) hasty deal to acquire its…
Bitcoin increases by 50% since the banks’ crisis
The bitcoin’s price increased on Monday by 50 percent at $28,378.35 since the bank crashes in the U.S. ten days…
Egypt withdraws from UN grain treaty due to lack of benefits
Egypt announced on Saturday its withdrawal from the United Nations Grains Trade Convention (GTC) since it had not…
Egypt to raise annual income tax exemption
Egypt is increasing the annual income tax exemption to 36,000 Egyptian pounds, which previously was 24,000 pounds,…
Greek V.group inks deal to recycle solid, liquid waste in Suez Canal
Egypt’s Suez Canal Authority and the Greek V" group of companies have signed on Monday to provide solid and liquid…
