Featured Egypt signs $135m financing deal for Damietta bioethanol project Aya Anwar Nov 2, 2025 0 Egypt has signed a long-term financing agreement worth $135 million to develop a bioethanol production project in…
Banks Egyptian Soda Ash secures $490m for New Alamein plant Aya Anwar Aug 11, 2025 0 Egypt signed a $490 million framework agreement to finance a soda ash production plant in New Alamein, a project…
Featured Fitch: Credit growth strengthens Qatari banks in 9M ’24 Aya Anwar Dec 18, 2024 0 Fitch Ratings expects in its latest report on Wednesday that the Qatari banking sector would maintain its…
MENA News Gulf stock markets rise on strong earnings Nada Ali Apr 29, 2024 0 Stock markets across the Gulf region opened higher on Monday, buoyed by positive corporate earnings reports.
Stocks Gulf stock markets surge in early trade on rate cut bets Nada Ali Apr 4, 2024 0 Gulf stock markets rose on Thursday on optimism about potential US interest rate cuts, despite uncertainty about…
Stocks Gulf stocks mostly fall amid US rate concerns Nada Ali Apr 3, 2024 0 Gulf stock markets went mostly down in early trade on Wednesday, as investors assessed the possibility of the US…
Stocks Gulf stocks gain on Tuesday Nada Ali Apr 2, 2024 0 Gulf stock markets rose in early trading on Tuesday, driven by expectations of increased oil demand in China and…
Stocks Gulf stock market mixed in early trade Nada Ali Apr 1, 2024 0 Gulf stock markets had a mixed performance in early trade on Monday as oil prices rose and investors awaited US…
Stocks Gulf markets up on higher oil prices Nada Ali Mar 28, 2024 0 Gulf stock markets rose on Thursday as oil prices increased after two days of decline.
Stocks Gulf stocks fall on Wednesday due to lower oil prices Nada Ali Mar 27, 2024 0 Gulf stock markets fell on Wednesday due to declining oil prices, influenced by a rise in US crude stockpiles and…
Stocks Gulf markets mixed on Tuesday before US data Nada Ali Mar 26, 2024 0 Gulf stock markets had a mixed start on Tuesday as investors awaited US Federal Reserve interest rate decisions and…
Stocks Most Gulf markets ease ahead of US inflation data Nada Ali Mar 25, 2024 0 Most Gulf stock markets were down in early trade on Monday, following Asian markets lower ahead of US inflation…
Featured Gulf markets dip as oil declines Aya El Sayed Mar 5, 2024 0 Gulf stock markets were muted in early Tuesday trading due to declining oil prices as China’s economic reforms…
Stocks Most Gulf markets rise amid a rise in oil prices Aya Anwar Nov 28, 2023 0 Most Gulf markets closed high on Tuesday on increasing oil prices, amid anticipations that the OPEC+ producer group…
Arab Gulf markets take advantage from high oil prices Aya Anwar Nov 20, 2023 0 Gulf's stock market closed high on Sunday which resulted from Friday's rise in oil prices, with the Saudi index…
Banks ABK-Egypt Bank joins Instant Payment Network ‘InstaPay’ Nada Ali Dec 11, 2022 0 Egypt’s Al Ahli Bank of Kuwait (ABK) has joined the InstaPay mobile application, which allow clients to process…
Banks QNB ALAHLI net profit grows 7% in H1 mohamed Hamdy Jul 12, 2021 0 QNB ALAHLI, the Egyptian unit of Qatar National Bank, reported on Monday a 7 percent year-on-year growth in…
Money QNB ALAHLI third-quarter net profit down 19.7% Mostafa Mahmoud Oct 11, 2020 0 QNB ALAHLI, the Egyptian unit of Qatar National Bank, reported a 19.7 percent fall in its third quarter net profit.
Money Altawfeek Leasing secures EGP200mln finances from QNB Alahli mohamed Hamdy Dec 18, 2019 0 Egypt’s Altawfeek Leasing Company signed a finance agreement worth 200 million Egyptian pounds with Qatar…
Banks QNB Alahli Bank H1 net profit rises 27% Ahmed Ali Jul 12, 2018 0 Qatar National Bank (QNB), the Middle East's largest lender by assets, reported on Thursday a 27 percent rise in…
Banks Qatar National Bank hires CI Capital for 2% stake sale in Egypt unit Yomna Yasser Feb 18, 2018 0 Qatar National Bank (QNB) said Sunday it has hired CI Capital to advise it on the sale of a small stake in its…
Banks QNB’s SME funding in Egypt hit 17.2 bln pounds Yomna Yasser Oct 23, 2017 0 Qatar National Bank’s financing for small and medium-sized businesses in Egypt is currently worth around 17.2…
Banks Qatar National Bank’s 2017 loan growth seen rise of 12-14% Yomna Yasser Oct 18, 2017 0 Qatar National Bank (QNB), the largest lender in the Middle East and Africa by assets, is expecting loan growth of…
Banks QNB nine-month net profit rises 6% Yomna Yasser Oct 11, 2017 0 Qatar National Bank (QNB, the Gulf's largest lender, has posted a net profit of QR10.3 billion ($2.75 billion) for…
Banks Qatar National Bank loses $3 billion in market value after Gulf rift Yomna Yasser Jun 5, 2017 0 Shares of Qatar National Bank (QNB), the Gulf's largest lender, were down as much as 5 percent on Tuesday midday…
Banks QNB named most valuable banking brand in Middle East and Africa – The Banker Yomna Yasser Feb 7, 2017 0 Qatar National Bank Group (QNB) has maintained its ranking of the most valuable banking brand in the Middle East…
Tech news Orange Egypt launches new solutions to bolster SMEs Yomna Yasser Nov 1, 2016 0 Orange Egypt has launched solution dubbed as Smart Business to provide offers for owners of small and medium-sized…
Arab Saudi stocks drop to four-month low, FTSE hopes support Qatar Yomna Yasser Aug 17, 2016 0 Most Middle Eastern stock markets dropped on Wednesday with Saudi Arabia hit by a broad sell-off, but support for…
Arab Gulf stock markets get direction from first earnings burst Yomna Yasser Jul 13, 2016 0 Investors in Gulf bourses will look to digest the first blast of second-quarter company earnings on Wednesday, as…
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…
Arab Qatar’s index breaches mark ahead of QNB earnings Yomna Yasser Jul 11, 2016 0 Qatar's index has breached Monday the 10,000-point mark for the first time since mid-May as it resumed trading…
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…
Tech news Qatar National Bank investigating alleged data leakage Ghada Ismail Apr 28, 2016 0 Qatar National Bank, the largest lender in the Middle East and Africa by assets, is conducting an investigation on…
Banks QNB to sign $6.4 million deal in support of Egypt SMEs this month Yomna Yasser Mar 10, 2016 0 Qatar National Bank AlAhli S.A.E. (QNB AlAhli) is to sign this month its first contract with Social Fund for…
Arab Gulf stocks rebound as global markets stabilise Yomna Yasser Jan 19, 2016 0 Gulf bourses rebounded early Tuesday after global oil and equity markets stabilised for the time being at least,…
Banks Banque Du Caire pumps $80 million in ElSewedy Electric’s Loan Yomna Yasser Feb 19, 2015 0 Banque Du Caire is pumping US$80 million in a loan arranged for Egypt’s ElSewedy Electric Company, a banking source…
Banks East Delta Electricity Company Studies 3 New Funding Bids Yomna Yasser Sep 30, 2014 0 East Delta Electricity Production Company (EDEPCO) is holding next month its annual meeting to discuss three offers…
Tech news Vodafone Egypt Seeks Inking Loan worth EGP4bn with 7 Banks Salma Ayman Sep 23, 2014 0 Vodafone Egypt is seeking to sign loan worth EGP4 billion with 7 banks in banking sector before the end of the…
Banks 3 Banks Join Banque Misr to Finance EGP725mn for East Delta Electricty Salma Ayman Jul 16, 2014 0 Banque Misr has allied with National Bank of Egypt (NBE), Commercial International Bank(CIB), Qatar National Bank…
Banks AAIB eyes Takeover of Nova Scotia Bank’s Credit Portfolio in Egypt Yomna Yasser Jun 15, 2014 0 Arab African International Bank (AAIB) plans to take over Canadian Bank of Nova Scotia's product portfolios,…