After seven years of being in the red, the Central Bank of Egypt (CBE) has announced a significant turnaround in its financial performance during the previous fiscal year (FY2023/2024), reporting its first profit since FY2016/2017.
Marking a remarka…
The Khalda Petroleum Company, a subsidiary of Apache, has made a significant oil discovery in the West veops-1 region within the Khalabsha Development Area of the Western Desert, according to a statement released by the Ministry of Petroleum and Mine…
The Kuwait Finance House (KFH) announced on Tuesday the completion of converting Ahli United Bank-UK conventional banking services to be compliant with Shariah principles.
KFH Group Chairman, Hamad Al-Marzouq said that this achievement builds on the…
Minister of Finance Taif Sami chaired today a coordination meeting with the international auditing and oversight firm Ernst and Young, to follow up on the ongoing technical plans to merge and organize the work of Rafidain and Rashid Banks and insura…
Ramallah – Ma’an – The International Finance Corporation (IFC) and the European Bank for Reconstruction and Development (EBRD) announced a strategic alliance between them to invest 8.92% of the shares of Bank of Palestine. This investment is a strateg…