Gulf markets fall, Saudi index up
Gulf stock exchange has varied on Monday as the investors secured gains amid falling oil prices and the general…
Efforts to release detained Ukraine wheat shipment for Egypt underway – official
Officials in Ukraine are working to release a detained vessel carrying Ukrainian wheat bought by Egypt, Ukraine's…
Dollar jumps, Yuan falls
U.S. dollar jumped on Monday after a new batch of disappointing data from China bolstered global recession worries.
Elon Musk: Tesla makes over 3 million cars
Tesla has made over three million cars, according to a tweet of CEO Elon Musk on Sunday.
AlexBank says first-half net profit after tax hit EGP 1.234 billion
Egypt’s AlexBank, part of Italy’s Intesa Sanpaolo, announced on Monday that its net profit after tax had reached…
Al Ahli Bank of Kuwait–Egypt takes part in International Youth Day initiatives
Al Ahli Bank of Kuwait–Egypt (ABK-Egypt) said on Monday it is celebrating the International Youth Day in “Matrix…
Saudi Prince Alwaleed Bin Talal invests $500 billion in Russian firms during Ukraine war
Saudi investment firm Kingdom Holding, controlled by billionaire Prince Alwaleed Bin Talal, had poured $500 billion…
Japanese economy increases by 2.2% in Q2
Japanese economy has witnessed a revival growth by 2.2 percent on an annual basis in the second quarter of 2022,…
Egypt’s e-commerce Sharwa collects $2 million pre-Seed
Egypt's social commerce platform Sharwa has closed a $2 million pre-Seed funding round on Wednesday. This round is…
