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Cairo-based Flash completes $6m funding round
Cairo – Mubasher: Egypt’s new cashless payments app Flash has raised $6 million in a seed funding round led by Addition and Flourish Ventures,...
NBQ sees 54% higher net profits in H1-23
Abu Dhabi – Mubasher: National Bank of Umm Al Qaiwain (NBQ) recorded a 54% year-on-year (YoY) leap in net profit to AED 255.12 million...
Almarai commences USD-denominated certificates offering
Riyadh – Mubasher: Almarai Company has started the offering of its USD-denominated trust certificates at a par value of $200,000...
UAE banks’ total external assets jump 3.1%: report
Arab News: UAE banks’ external assets rose 3.1 percent in 2022 amid a significant increase in cross-border exposure, according to the country’s...
Regional Market News
ACWA Power signs land agreement for giant Egyptian wind farm project
Last Updated On 17-Jul-2023 22:36 (GMT)
Egypt’s privatization drive receives $533.7m funding push from EBRD
Last Updated On 13-Jul-2023 18:00 (GMT)
Egyptian govt to bear 11% of cost of new tourist rooms: minister
Last Updated On 12-Jul-2023 21:54 (GMT)
Egypt announces sale of $1.9bn worth of state assets
Last Updated On 12-Jul-2023 21:45 (GMT)
Egypt sees inflation rate hit record high of 36.8% in June
Last Updated On 10-Jul-2023 22:23 (GMT)
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