Majid Al Futtaim 2015 audited results confirm 29% increase in net profit
As for earnings before interest, taxes, depreciation and amortisation (EBITDA), they went up 7%, recording AED 3.8bn in 2015
Al-Abdooli appointed CEO of Etisalat Group
Al-Abdooli’s experience has spanned over 25 years in the telecommunications sector, with his most prominent steps being the establishment of Etisalat Egypt, which changed the parameters of the Egyptian telecom…
Government to establish infrastructure investment fund with Arab investments
NIB completed establishment of government entity to provide consulting for giant projects, says El Araby
CAO Head Geneina accused over misleading corruption report
Geneina to be summoned, CAO not concerned with corruption investigation, according to reported National Security Prosecution statement
CBE closes 5 exchange companies for committing violations: deputy governor
Negm said the closure of money exchange companies and revoking their licenses is one of the sanctions provided for in banking law
Banks must adhere to risk management system: CBE
Banking is most supported sector following 2011 revolution, owing to banking reform process, says Negm
Saudi-led coalition in Yemen carries out a swap deal with Houthis
Nine Saudis exchanged for 109 Yemenis, just days before the peace talks held in Kuwait
Saudi employer to compensate family of deceased worker: foreign ministry
Egyptian builder accidentally died at work
Environmentalists to bring new, less hazardous energy mix solutions by 2030
CO2 emissions coming from coal use is upwards of 50m tonnes, says ECESR
Amer calls for bank leaders to hold expanded meeting next Sunday
Meeting is first of its kind since Amer took office in November 2015, first confrontation between him and excluded bank leaders