Private credit in Europe surpasses pre-rate hike levels
European private lending activity rebounded to levels last seen in mid-2022, indicating a growing trend among…
Egypt’s AMIC profits hit EGP 221.358m in ’23
Egypt-based Arab Moltaka Investments Company (AMIC) achieved a net profit of 221.358 million Egyptian pounds in…
Qalaa’s unit signs debt settlement deals
Egypt’s Qalaa Holdings said on Tuesday its subsidiary National Development and Trade (NTD) had signed an agreement…
Egypt, Nigeria to boost competition protection
The Egyptian Competition Authority’s (ECA) head Mahmoud Momtaz met with his Nigerian counterpart to discuss…
Russia halts gasoline exports for 6 months
Russia imposed a six-month gasoline export ban starting on March 1 to stabilise prices due to increased demand from…
US companies to issue bonds via Singapore to benefit from tax system
Tax advantage is motivating American companies like PepsiCo and International Business Machines Corp. to issue…
NBK Egypt posts EGP 4.021b in 2023
The National Bank of Kuwait – Egypt (NBK Egypt) has seen a net profit of 4.021 billion Egyptian pounds during 2023,…
Asian markets tentative as Japan inflation spikes
Asian shares experienced a dip on Tuesday as Japanese inflation, which went marginally higher than anticipated,…
Egypt’s CBE offers fixed-rate deposits of EGP 150b
The Central Bank of Egypt (CBE) offers on Tuesday a fixed-rate deposits of 21.75 per cent for seven days, worth 150…
Dubai to divest stake in parking business
Dubai’s government selling a 25 per cent ownership share in the city's public parking business through an initial…
