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Latest News Headlines for Egypt

  • Majid Al Futtaim profits up 14 per cent; attention turns to MENA expansion
    Majid Al Futtaim
    Egypt and Lebanon to become key investment and tourist hubs
  • Bank earnings spree means little joy for Dubai market
    ENBD
    The Dubai equity market index DFMGI fell by 0.34 per cent to hit 4,651.75 points on Thursday, July 24. The financial sector was in the focus on one of the last trading days during Ramadan. Emirates NBD surged by 4.21 per cent to hit AED9.90. Earlier in the day, ENBD said its net income in […]
  • Qatari developers in mixed trading on half-year results
    The-Pearl-Qatar
    The Qatar Exchange 20 Index lost 1.80 per cent to close at 12,952.82 points on Thursday, July 24. United Development Company (UDC) added 0.18 per cent to reach 27.95. UDC, the builder of the man-made island, The Pearl Qatar, revealed a net profit of QAR 498.86 million ($135.92 million) in comparison to QAR 325.41 million ($88.74 million) […]
  • Stagnant half-year sends RAK Properties shares down
    RAK-PROPERTIES
    The Abu Dhabi market index ADXGI lost 0.23 per cent, closing at 4,952.96 points on Thursday, July 24. Since July 15, the gauge has been running against the resistance level at 5,000 points. Ras al-Khaima (RAK) Properties slipped 1.96 per cent to AED1.00. The developer of the same-named emirate achieved in the first six months […]
  • Bahrain banks advance amid lackluster trading
    Bahrain_manama
    The Bahrain All-Share Index was sent 0.04 per cent higher to 1,471.64 points on Thursday, July 24. Islamic bank Al Salam Bahrain posted the biggest leap, closing 1.85 per cent higher at BD0.22. Its local rival Al Baraka Banking Group edged up by 1.23 per cent to reach $0.82. Bahrain National Holding Company dropped the […]
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