QNB AlAhli Leasing eyes 30-percent growth in 2016
QNB AlAhli Leasing Company aims to achieve a 30-percent growth rate during the current year, its chairman Abdel…
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growth
Egypt cuts economic growth forecast, ups deficit target
Egypt lowered its economic growth forecast to a range of 4 to 4.25 percent for the current fiscal year ending on…
CBE launches EGP 5 bln programme for medium size enterprises
The Central Bank of Egypt has allocated EGP 5 billion ($647 million) for the banks to loan to medium sized…
Growth worries, rate hike uncertainty pull Wall Street down
U.S. stocks dropped on Monday as concern over global growth hit banks and other economically sensitive shares,…
Asian shares slip as crude resumes drop
Asian shares fell on Tuesday as crude oil prices slid on oversupply fears and after downbeat manufacturing data…
Egypt’s ICT sector expects 13% growth in 2016; former minister says
Egyptian ICT sector is expected to achieve a growth rate of 13 percent in 2016, former communications minister…
Apple set for slowest ever iPhone sales growth
Apple Inc (AAPL.O) is expected to report iPhone sales increased slightly more than 1 percent in the holiday quarter…
China shares tumble to 14-month lows as oil slips back
Chinese shares plunged more than 6 percent to 14-month lows on Tuesday after oil prices dropped again, reviving…
Egypt’s electronic payment platform Fawry eyes 50% growth rate in 2016
Fawry Company for e-payment targets a growth rate between 35% and 50% in 2016. The company aims to launch a new…
FTSE 100 bounces up as China GDP data spur stimulus hopes on Tuesday
Stocks in the U.K. surged Tuesday, rising along with other global markets, as slowing growth in China raised hopes…