finance

Middle East stocks: Most Gulf markets gain; Saudi bourse slips
Middle East

Middle East stocks: Most Gulf markets gain; Saudi bourse slips

(Reuters) – Most Middle Eastern markets ended higher on Wednesday, with Bahrain outperforming the region, while bank stocks weighed on…
Egypt honors ‘Top 50 Women of 2019’
Egypt

Egypt honors ‘Top 50 Women of 2019’

Egypt’s Ministry of Planning and Economic Development honored 50 women, many of them leaders in the finance and banking sectors,…
As nations bicker, a greener future evolves in finance
Environment

As nations bicker, a greener future evolves in finance

Away from the toxic atmosphere at climate summit talks, in boardrooms, banks and trading houses, a transformation in green finance…
Egypt signs ‘Yaoundé Declaration’ for financial transparency
Business

Egypt signs ‘Yaoundé Declaration’ for financial transparency

Egypt signed the “Yaoundé Declaration” during the 10th Anniversary Meeting of the Global Forum on Transparency and Exchange of Information…
House speaker backs Egypt public finance bill
Egypt

House speaker backs Egypt public finance bill

  Spokesperson for the House of Representatives Salah Hasaballah expressed his support for Finance Minister Mohamed Maeit’s call for a…
Egypt committed to economic reform and would increase taxes: MInister
Business

Egypt committed to economic reform and would increase taxes: MInister

Egypt’s Finance Minister Amr al-Garhy continued his activity in the US capital Washington, where he participated in some important meetings…
European markets plunge at opening bell as stock market dip deepens
Economy

European markets plunge at opening bell as stock market dip deepens

Global markets continue to wobble precariously. European markets took a big hit as Tuesday’s trading began, following major losses across…
Asian shares tumble after Dow has worst day since 2011
Economy

Asian shares tumble after Dow has worst day since 2011

Asian markets were rattled Tuesday by the miseries on Wall Street, with Japan’s Nikkei 225 index briefly dipping more than…
Fitch Ratings raises Egypt’s financial outlook to ‘positive’
Business

Fitch Ratings raises Egypt’s financial outlook to ‘positive’

Fitch Ratings Inc., one of the three biggest credit rating agencies in the world, raised Egypt’s long-term Foreign-Currency Issuer Default…
External debt is $79 bn, says Finance Minister after financial outlook improves
Business

External debt is $79 bn, says Finance Minister after financial outlook improves

Minister of Finance Amr al-Jarhi stated on Tuesday that Egypt’s external debt stood at $79 billion at the end of…
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