forex news Oil slips over worries Middle East rift will undermine output cuts Yomna Yasser Jun 6, 2017 0 Oil prices fell for a third day on Tuesday, hit by concerns that a political rift between Qatar and several…
World European markets seen marginally lower on geopolitical concerns Yomna Yasser Jun 6, 2017 0 European markets are set to open lower on Tuesday morning amid a political rift between Qatar and several other…
Industry & Trade Flydubai says will suspend all flights between Dubai and Doha Yomna Yasser Jun 5, 2017 0 Dubai-based budget carrier Flydubai announced Monday it would suspend flights to and from Doha from Tuesday after…
Banks QNB Alahli Life Insurance assets reach 1.8 bln pounds Mennatullah Hamzawy Jun 3, 2017 0 Total assets of QNB Alahli Life Insurance, one of the leading bancassurance players in the Egyptian market, rose…
Industry & Trade Garment marker Kabo’s nine-month net profit jumps to 25 mln Egyptian pounds nada nasser May 30, 2017 0 Egypt’s El Nasr Clothing and Textiles Company- Kabo reported Tuesday that net profit climbed to 25 million Egyptian…
Egypt News Egypt blocks financial newspaper website, expanding media blackout Yomna Yasser May 29, 2017 0 Egypt has blocked the website of one of its most prominent financial newspapers, the paper's owner announced…
Arab Gulf stocks mixed in early trade, low-priced shares boost Dubai Yomna Yasser May 29, 2017 0 Gulf stock markets were mixed in quiet, at Monday’s early trade with low-priced shares favoured by local retail…
Egypt News Egypt blocks 21 websites, including Al Jazeera for supporting terrorism Yomna Yasser May 25, 2017 0 Egypt has banned 21 websites, including the main website of Qatar-based al Jazeera television, for "supporting…
Industry & Trade Sumed, NBK sign deal to boost oil products in Egypt’s Ain Shokna Yomna Yasser May 21, 2017 0 Sumed company and the National Bank of Kuwait (NBK) signed an a agreement to provide $300 million to finance…
Arab MSCI shares pose main drag on Gulf bourses as global markets skid Yomna Yasser May 18, 2017 0 Stock markets in the Middle East most exposed to foreign fund flows followed global shares lower Thursday, while…