Arab Gulf bourses close higher on oil prices Yomna Yasser Jul 12, 2016 0 Gulf bourses benefited from recovering oil prices to all end higher on Tuesday. Crude rose from the near-two-month…
Arab Gulf stock markets await start of earnings season Yomna Yasser Jul 12, 2016 0 The start of earnings season for the Gulf's largest companies should begin to provide cues for investors in Middle…
Financial Institutions Fitch: Brexit may impact Mideast, Africa Sovereigns via markets, trade, aid Yomna Yasser Jul 5, 2016 0 Brexit will have limited effect on the sovereign credit ratings of SA and other countries in the Middle East and…
Banks Egypt’s foreign reserves slightly rose to $17.546 bln in June Yomna Yasser Jul 4, 2016 0 Egypt's net foreign reserves have slightly rose to $17.546 billion at the end of June, the central bank announced…
World European stocks slip as Italian banks, Volkswagen weigh Yomna Yasser Jul 4, 2016 0 Stocks in Europe slipped Monday, with losses among Italian banks putting the pan-European on track for its first…
Egypt News Egypt due for another devaluation in 2016/17: economists aya salah Jul 4, 2016 0 As Egypt's foreign currency shortage intensifies and the gap between official and unofficial currency rates…
Banks Abu Dhabi’s NBAD, FGB approve to form $175 bln bank Yomna Yasser Jul 3, 2016 0 National Bank of Abu Dhabi PJSC is merging with rival First Gulf Bank PJSC in a deal that will create a regional…
Arab Banking shares surge in Abu Dhabi on FGB/NBAD merger details Yomna Yasser Jul 3, 2016 0 Abu Dhabi banking shares soared in early trade on Sunday after the boards of directors of First Gulf Bank and…
Industry & Trade Egypt’s furniture exports record $146mn in five months Noha Gad Jun 29, 2016 0 Egyptian furniture exports rose by 11 percent in January-May 2016 to 1.3 billion Egyptian pounds (US$146.3 million)…
Arab Gulf stocks firm in early trade; Saudi’s L’azurde climbs on listing Yomna Yasser Jun 29, 2016 0 Major stock markets in the Arab Gulf firmed in early trade on Wednesday, backed by recoveries in oil and global…