Business

Bank of Israel keeps key interest rate at 4.5%

Tel Aviv – Ma’an – The Bank of Israel kept interest rates unchanged on Monday for the fourth consecutive meeting, maintaining its cautious policy due to the nine-month war that Israel has been waging on the Gaza Strip, as well as stable inflation.

Th…

Petroleum Min. received Apache Egypt President

Minister of Petroleum and Mineral Resources Karim Badawi, stressed that Egypt has a sincere desire to create an attractive investment climate in all fields and to benefit from expertise in achieving sustainable development goals, and in cooperation wi…

Egyptian abroad remittances record $2.7B in May 2024: CBE

During May 2024, remittances sent by Egyptians working overseas experienced a substantial annual increase of 73.8 percent, totaling approximately $2.7 billion.

In comparison, the remittances in May 2023 amounted to around $1.6 billion, as reported by…

Palestine Islamic Bank holds a workshop on governance

Ramallah – Ma’an – The Palestine Islamic Bank held a workshop on governance, its concepts and legal regulation in Palestine, with the participation of members of the bank’s board of directors, the head of the Sharia Supervisory Board, the general mana…

Mercosur Agreement between Palestine and Brazil Enters into Force

Ramallah – Ma’an – Minister of National Economy Mohammad Al-Amour welcomed, on Sunday, the deposit by the government of the Federative Republic of Brazil of the document ratifying the Mercosur Free Trade Agreement and its entry into force between the …