The trade volume between Egypt and Kuwait reached $3 billion in 2023, down from $3.4 billion in 2022, as announced by the Central Agency for Public Mobilisation and Statistics (CAPMAS) on Tuesday, April 30, 2024.
Egypt's exports to Kuwait were $315 (...)
The World Gold Council has announced that Egyptian gold purchases fell by 17% in the first quarter (Q1) of 2024, reaching 13.2 tonnes. This is a decrease from the 15.8 tonnes purchased in Q1 2023 but an improvement over the 11.5 tonnes seen in Q4 (...)
US liquefied natural gas (LNG) exports experienced their fourth consecutive decline in April, dropping to 6.19 million metric tons from March's 7.61 million, according to preliminary data from financial firm LSEG reported by Reuters on Wednesday. (...)
In a significant meeting held in Cairo on Tuesday, Egypt's President Abdel Fattah Al-Sisi conferred the prestigious Order of the Nile upon Sheikh Meshaal Al-Ahmad Al-Jaber Al-Sabah, the Emir of Kuwait. The leaders engaged in comprehensive (...)
Rania Al-Mashat, Egypt's Minister of International Cooperation and Governor for the World Bank Group, participated in two key events during the spring meetings of the International Monetary Fund (IMF) and the World Bank.
The first event marked the (...)
The Arabian Kuwaiti Group is set to bolster its presence in the Egyptian market with a significant increase in investments, targeting the attraction of over 100,000 tourists annually to its flourishing tourism ventures.
Previously, the group (...)
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, (...)
أعلنت الخطوط الجوية الكويتية في بيان، السبت، أنها قررت تحويل مسار جميع الرحلات القادمة والمغادرة بعيدا عن مناطق التوتر، مشيرة إلى أنه سيتم جدولة الرحلات وفقا لخط سيرها الجديد.
وأضافت في تدوينه عبر منصة «إكس»، أن هذا القرار اتخذ بالنظر إلى «الحالة (...)
Saudi Arabia aims to increase foreign direct investment (FDI) to $100 billion annually by 2030, a significant jump from the current average of $17 billion between 2017-2022, according to Bloomberg on Thursday.
Achieving this goal remains a challenge (...)
إليكم تردد قناة العربي الكويتية الجديد على النايل سات، فهي إحدى القنوات التابعة للتلفزيون الكويتي التي تتخصص في عرض البرامج الوثائقية والمنوعة، وفي هذا المقال سنتناول تردد قناة العربي الكويتية الفضائية وسنتطرق للمحة عنها وعن برامجها، فإليكم (...)
In the realm of Arab financial markets, the year 2023 witnessed remarkable developments. The annual report issued by the Union of Arab Securities Authorities highlighted several key points:
Stock Price Improvements
Traded stock prices in regional (...)
يستعد منتخب قطر لمواجهة قوية ومرتقبة أمام نظيره الكويتي، على ملعب علي صباح السالم، وذلك في إطار الجولة الرابعة للدور الثاني من مواجهات تصفيات كأس آسيا المؤهلة لكأس العالم 2026.
حقق منتخب قطر الفوز بثلاثية مساء الخميس الماضي على حساب نظيره الكويتي في (...)
Valu, a leading force in MENA's financial technology sector, has completed its eighth securitized bond issuance, valued at EGP 888m. This issuance contributes to the company's extensive programme, which is authorized up to EGP 9bn.
The bond, (...)
The market capitalisation of Arab stock exchanges witnessed an increase to approximately $4.54trn in February, up from around $4.4trn in January, as reported by the Arab Monetary Fund (AMF).
The AMF's February data, published on Thursday, indicated (...)
Egypt's stock exchange (EGX) closed all green on Thursday, with the main index, EGX30 surging by 0.98 per cent to 31,316.43 points.
The small to mid-size enterprises' index, EGX70 inched up by 1.84 per cent, to 6,884.72 points.
The index, EGX100 (...)
The Middle East, abundant in oil wealth, is on the brink of becoming the sole region boasting three trillion-dollar wealth funds.
According to Bloomberg News, Saudi Arabia recently shifted a $164 billion stake in its state-owned petroleum and (...)
Gulf's stock markets reacted mixed to US Federal Reserve Chair Jerome Powell's remarks on monetary policy, Reuters reported on Thursday.
Egypt's stock market soared to a record high following the IMF deal.
Powell expressed uncertainty about (...)
The Ministry of Health in Gaza reported that the Israeli occupation committed 10 massacres against civilians in the Gaza Strip, resulting in 97 deaths and 123 injuries during the past 24 hours. On Tuesday, it announced that the death toll from the (...)
EFG Hermes, a subsidiary of EFG Holding and the premier investment bank in the MENA region, in partnership with the Dubai Financial Market (DFM), proudly launched the 18th Annual EFG Hermes One-on-One Conference on 4 March 2024. This landmark event, (...)
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اختتمت فعاليات (...)
The Egyptian market is optimistic about the prospects of mergers and acquisitions (M&A) in the coming year, following the announcement of Egypt's success in achieving a dollar yield that narrows the gap between the official and parallel exchange (...)
Kuwait Finance House (KFH) has submitted a non-binding offer to acquire United Bank of Egypt, the Federation of Egyptian Banks (FEB) reported on Thursday.
In a statement to the Kuwait Stock Exchange, KFH explained that they have obtained the (...)
إليكم تردد قناة القرين الجديد المتاح على النايل سات، حيث قناة القرين تعد قناة فضائية كويتية تابعة لوزارة الإعلام في الكويت، تتميز بتقديمها لمحتوى ترفيهي وثقافي متنوع ومميز لجمهورها في الكويت والخليج العربي، حيث تقدم مجموعة متنوعة من البرامج والأفلام (...)
KPMG's bi-annual report, "Pulse of Fintech H2'23", reveals a significant slowdown in global fintech investment. Investment fell from $196.6bn across 7,515 deals in 2022 to $113.7bn across 4,547 deals in 2023. This decline is attributed to a (...)
The National Bank of Kuwait – Egypt (NBK Egypt) has seen a net profit of 4.021 billion Egyptian pounds during 2023, up from 1.826 billion pounds in 2022, Federation of Egyptian Banks (FEB) reported on Tuesday.
NBK Group witnessed a remarkable 10.1 (...)