The net foreign assets deficit in Egypt's banking sector decreased to $4.2bn in March 2024, down from $21.9bn in February, marking a significant reduction of approximately $17.7bn. This change is attributed to the varying dollar selling prices: EGP (...)
The Egyptian Pound (EGP) underwent variations against the US Dollar (USD) on Wednesday, May 1, 2024, prompting a wave of rate adjustments across various banks.
The National Bank of Egypt and Banque Misr maintained their rates at EGP 47.87 and EGP (...)
The Egyptian Pound (EGP) experienced a downturn against the US Dollar (USD) in early trading on Tuesday, April 30, 2024, leading to a series of rate modifications across several banks.
The National Bank of Egypt and Banque Misr held their rates (...)
A rare joint economic commission between the United Arab Emirates and Iran will convene in Abu Dhabi from Tuesday to Wednesday, according to Reuters citing The Iranian Labour News Agency. This marks the first meeting in a decade for the bilateral (...)
Saudi Arabia, the leading oil exporter, is contemplating raising prices for most of its crude grades sold to Asia in June. This potential increase would mark the highest levels in five months, following the strengthening of Middle East benchmarks (...)
Siemens Mobility, in collaboration with its consortium partner Hassan Allam Construction, proudly announces the award of the Abu Dhabi–Sohar Design and Build Railway Systems and Integration contract by Oman–Etihad Rail. This joint venture, co-owned (...)
Stock markets across the Gulf region opened higher on Monday, buoyed by positive corporate earnings reports, as reported by Reuters.
However, investor optimism remained cautious as they awaited the upcoming US Federal Reserve policy meeting later (...)
The Egyptian Pound (EGP) saw a decline against the US Dollar (USD) in early trading on Monday, April 29, 2024, prompting a wave of rate changes across various banks.
The National Bank of Egypt, Banque Misr, Banque du Caire, and the Commercial (...)
The IMF said that the first and second reviews were delayed due to policy slippages and a return to a fixed exchange rate in February 2023, which undermined the credibility of Egypt's announced shift to a flexible regime. This reversal led to (...)
The Egyptian Pound (EGP) experienced a dip against the US Dollar (USD) in early market activity on Wednesday, April 24, 2024, leading to a series of rate adjustments by various banks.
The National Bank of Egypt, Banque Misr, Faisal Islamic Bank, and (...)
The Egyptian Pound (EGP) fluctuated against the US Dollar (USD) in early trading on Tuesday, April 23, 2024, prompting several banks to adjust their buying and selling rates.
The National Bank of Egypt, Banque Misr, Faisal Islamic Bank, and the (...)
Shell, TotalEnergies, and Mitsui & Co. are in discussions to invest in Abu Dhabi National Oil Co.'s (ADNOC) upcoming LNG export project in the UAE. A final investment decision on the project could happen as soon as next month.
According to sources (...)
Abu Dhabi is entering the eurobond market for the first time in roughly three years, a move prompted by diminishing hopes of imminent interest rate cuts in the US, Bloomberg reported on Tuesday.
The affluent emirate, a key member of the United Arab (...)
Stock markets across the Gulf region staged a partial recovery in Monday's early trading, clawing back some of the losses incurred last week as worries over a wider Middle East conflict subsided, Reuters reported.
Saudi Arabia's benchmark index, the (...)
Organized by the CFA Society Emirates in Abu Dhabi, and held Friday in Abu Dhabi, UAE, the 2024 MENA Research Challenge saw participation from ten universities across the region, including teams from Oman, UAE, Saudi Arabia, Bahrain, Lebanon, (...)
Beltone Holding, a rapidly expanding financial institution, has announced that its subsidiary, Beltone Venture Capital (BVC), has entered into a partnership with CI Venture Capital, part of Citadel International Holdings. Based in Abu Dhabi, this (...)
Gulf stock markets experienced a notable rebound on Thursday after recent losses, Reuters reported. Investors breathed a sigh of relief as key indices surged, signaling a potential recovery from the downturn.
Saudi Arabia's main index, the TASI, (...)
The Egyptian Pound (EGP) experienced a slight uptick against the US Dollar (USD) in early trading on Wednesday, April 17, 2024.
The National Bank of Egypt, the Commercial International Bank (CIB), the Arab African International Bank, Banque Misr, (...)
The Egyptian Pound (EGP) saw a minor increase against the US Dollar (USD) in early market activity on Tuesday, April 16, 2024.
The National Bank of Egypt, the Commercial International Bank (CIB), and the Faisal Islamic Bank updated their buying and (...)
Stock markets across the Gulf opened cautiously on Tuesday, mirroring a broader Asian sell-off, according to Reuters. The primary driver of the subdued sentiment was stronger-than-expected US retail sales data for March.
Saudi Arabia's benchmark (...)
The Egyptian Pound (EGP) experienced a slight uptick against the US Dollar (USD) in early trading on Monday, April 15, 2024.
The National Bank of Egypt, the Commercial International Bank (CIB), and the Faisal Islamic Bank set their purchase and sale (...)
يلتقي الفريق الأول لكرة القدم بنادي اي سي ميلان مع نظيره فريق ساسولو اليوم الأحد الموافق 14 أبريل الحالي بستاد مابي في لقاء هام بينهم ضمن منافسات الجولة 32 من الدوري الإيطالي.
موعد مباراة ميلان وساسولو
وتنطلق صافرة بداية مباراة ميلان وساسولو عصر (...)
يجتمع الفريق الأول لكرة القدم بنادي اي سي روما مع نظيره فريق أودينيزي اليوم الأحد الموافق 14 أبريل الحالي بستاد فريولي في لقاء منتظر بينهم ضمن منافسات الجولة 32 من الدوري الإيطالي.
موعد مباراة روما وأودينيزي
وتنطلق صافرة بداية مباراة روما وأودينيزي (...)
استقر ستيفانو بيولي مدرب الفريق الأول لكرة القدم بنادي اي سي ميلان على تشكيل فريقه الذي يخوض به مباراة نظيره فريق ساسولو اليوم الأحد الموافق 14 أبريل الحالي بستاد مابي في لقاء ناري بينهم ضمن منافسات الجولة 32 من الدوري الإيطالي.
موعد مباراة ميلان (...)
Al-Hilal & Al-Ittihad.. شاهد ب البث المباشر مباراة الهلال والاتحاد في نهائي كأس السوبر السعودي 2024.. في لحظة تاريخية مليئة بالتوتر والحماس، يجتمع عشاق كرة القدم من جميع أنحاء العالم لمتابعة أحداث المباراة النهائية لكأس السوبر السعودي 2024، حيث (...)