Egypt receives 1st $5b for Ras El Hekma deal
Egypt’s Prime Minister Moustafa Madbouly has confirmed on Thursday the receipt of a $5 billion payment as part of…
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Central Bank of the UAE
UAE, Qatar central banks keep rates unchanged in tandem with Fed move
The UAE and Qatar central banks have kept the interest rates unchanged, following the U.S. Federal Reserve’s move…
Currency swap deal raises chances of Egypt’s UAE export boost: BdC chair
Egypt’s currency swap agreement with the UAE will increase the chances of the North African country boosting its…
UAE’s Majid Al-Futtaim profits rise 18% in H1 2022 – statement
Dubai-based Majid Al-Futtaim Group announced that its earnings climbed to Dh1.9 billion ($517.71 million) and…
