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Latest News Headlines for Egypt

  • DP World remains stuck below $20
    DP-World
    The FTSE NASDAQ Dubai UAE 20 Index closed 2.74 per cent lower at 4,198.24 points on Thursday, October 30. Dubai Ports (DP) World lost 1.74 per cent to $19.16. The shares of the world's third biggest port operator have been trading in a narrow range of approximately $19 for the past three weeks. Emirates REIT, […]
  • Qatar market plummets two per cent
    Doha Downtown At Night, Qatar
    The Doha-based Qatar Exchange (QE) 20 Index closed Thursday, October 30, at 13,498.86 points. During the last trading week of the month, the gauge gained insignificantly. Developer Barwa gained against the trend, closing 2.63 per cent higher at QAR42.95. Earlier in the day, Barwa unveiled its latest project Alaateda. Barwa said in an e-mail statement […]
  • UAE markets end rollercoaster week on weak note
    AME ADX market2
    The Dubai Financial Market General Index (DFMGI) and the Abu Dhabi general index, on Thursday, October 30, lost 1.66 per cent and 1.80 per cent, respectively, closing at 4,545.39 points and 4.861.45 points. On Wednesday, the US Federal Reserve announced that it would halt Quantitative Easing (QE), the policy of liquidity injection it started in […]
  • Tamkeen's Internal Audit Committee meets to review financials
    At the meeting.
    As part of Tamkeen's efforts to ensure transparency and the integrity of its financial statements, Tamkeen's Audit Committee has met to discuss the draft financial statements for the 6 months ended 30 June 2014 and to follow up on the findings from the external auditor and ensure their implementation and execution. The Committee, which consists […]
  • Ahli Bank (Oman)'s ratings affirmed
    capital-intelligence-logo
    Capital Intelligence (CI), the international credit rating agency, announced that it has affirmed Oman-based Ahli Bank's (AB) Financial Strength Rating (FSR) at 'BBB', underpinned by the Bank's very sound and peer group best loan asset quality, the recent capital increase and good profitability at all levels. Constraining the FSR are the Bank's customer deposit funding […]
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