The CBE report highlighted that the top 10 banks in Egypt accounted for approximately 79.73% of the sector’s total profits ...
The company is also expanding its footprint with new land acquisitions in West Cairo for a mixed-use residential, commercial, ...
The official added that with over half a dozen companies operating in the sector, fares have significantly decreased due to ...
The proceeds generated from these IPOs are expected to go towards debt prepayment, dividends, and also certain strategic ...
The Dow Jones Industrial Average was 0.47% higher in late morning trade, the S&P 500 rose 0.73% and the Nasdaq Composite rose ...
Spot gold rose 0.1% to $2,616.88 per ounce as of 12:47 p.m. ET (1747 GMT). U.S. gold futures settled 0.3% up at $2,635.50.
A significant partnership aimed at boosting Egypt’s renewable energy sector was solidified on Tuesday with the signing of a contract for the establishment of a solar panel manufacturing plant. The ...
The Fed last week projected a more measured path of rate cuts than the market had been anticipating, providing another boost to U.S. Treasury yields, with the benchmark 10-year note yield reaching a 7 ...
ISTANBUL - Turkey's net monthly minimum wage will be 22,104 Turkish lira ($630.36) in 2025, Turkish President Tayyip Erdogan said on Tuesday, marking a 30% increase from 2024. The minimum wage hike, ...
The S&P 500 climbed 65.97 points, or 1.10%, to 6,040.04 points, while the Nasdaq Composite advanced 266.24 points, or 1.35%, to 20,031.13. The Dow Jones Industrial Average rose 390.08 points, or 0.91% ...