Egypt equities in bottoming-out phase; low valuations attractive
Egyptian equities are entering a bottoming-out phase, although there is likely to be more economic pain this year and there…
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CFA Institute Names Managing Director, EMEA
CFA Institute, the global association of investment professionals, has named Dana Day as Managing Director, EMEA, effective 23rd May. …
UBS Investor Sentiment: Investors concerned about the war yet stay the course with their portfolios
High-net-worth investors remain deeply concerned about the impact of the war in Ukraine on the global economy and rising inflation,…
The new UAE Labour Law: what employers need to know
Private sector employers in the United Arab Emirates (UAE) should review their policies and procedures following the biggest change to…
CBK raises discount rate to 2.00 %
The Central Bank of Kuwait (CBK) announced Wednesday raising the discount rate from 1.75 percent to 2.00 percent effective May…
Forbes Middle East reveals annual ranking of women
The 30 Women Behind Middle Eastern Brands represent 18 different nationalities, with Egyptians dominating with 11 entries, followed by Lebanese…
Egypt's law drops lawsuits against unofficial businesses once licensed to encourage inclusion in official economy
As part of Egypt’s endeavors to encourage the integration of unofficial economy projects into the official economy, the law stipulates…
Turkey inflation jumps to almost 70 percent in April as Erdogan accused of 'trying to re-write economics'
Turkey's official inflation rate spiralled to nearly 70 percent in April, data showed on Thursday, posing a huge challenge to…
UAE interest rate hike: Property owners will do better locking in mortgage rates for '3-5 years'
Interest rates are higher by 0.50 per cent – and the one thing UAE’s property buyers seeking mortgages should do…
UAE Central Bank raises base rate by 50 basis points
The Central Bank of the UAE will raise the base rate applicable to the Overnight Deposit Facility by 50 basis…
ADIB to set up asset management-focused entity
Abu Dhabi Islamic Bank (ADIB) will set up an entity focused on asset management as part of its ambitions to…
Wealthy investors ‘deeply concerned’ about Ukraine war
Wealthy investors are “deeply concerned” about the impact of the war in Ukraine and are likely to make changes to…