Money Bank of America’s profits decline 45% in Q1, braces for big loan losses Amwal Al Ghad English Apr 15, 2020 0 Bank of America sees 45% slump in profits during first quarter as the company set aside $3.6 billion for loan loss…
News European stocks fell 1 % as global economic impact of virus weighs aya salah Apr 15, 2020 0 European stocks traded lower on Wednesday, despite the region starting to lift restrictive measures in various…
Stocks Asia stocks slightly lower as IMF warns of severe global recession Amwal Al Ghad English Apr 15, 2020 0 Asia stocks were slightly lower seeing little changed on Wednesday as the economic impact of the coronavirus…
Banks US Fed cuts rates to zero, launches massive $700 billion quantitative easing program Amwal Al Ghad English Mar 16, 2020 0 The Federal Reserve, saying “the coronavirus outbreak has harmed communities and disrupted economic activity in…
Stocks European shares slide 8% as regional coronavirus shutdown widens Amwal Al Ghad English Mar 16, 2020 0 European markets plunged on Monday as much of the region went into shutdown mode to prevent the spread of the new…
Stocks US Stock futures drop, hit ‘limit down’, even as Fed slashes rates Amwal Al Ghad English Mar 16, 2020 0 US Stock futures plunged late Sunday even after the Federal Reserve embarked on a massive monetary stimulus…
Feature EGX loses EGP39.61bln of market cap. in early week tradings Amwal Al Ghad English Mar 15, 2020 0 The Egyptian Exchange (EGX) ended Sunday session with deep loss following the decline of the world stocks by the…
Money MAK Group’s unit to invest EGP 500m in a new hotel Amwal Al Ghad English Feb 18, 2020 0 MAK Investments Holding, a subsidiary of Mohammed Abdulmohsin Al Kharafi and Sons Company (MAK Group), signed a…
Citizen Journalism Little Women on its way to become a classic Amwal Al Ghad English Feb 18, 2020 0 Greta Gerwig’s smart, delightful film seems on its way to becoming a classic. It is a wonderous adaptation cuts…
Stocks Most major Gulf stocks dip; Dubai bears the blow on property Amwal Al Ghad English Feb 18, 2020 0 Most major Gulf stocks lower on Tuesday, weighed down by weak corporate earnings announcements, though property…