Business

Basra crude suffers slight weekly losses

Basra Heavy crude oil recorded slight losses, while medium crude oil recorded slight gains during the past week, with global oil recording gains for the fourth week in a row.

Basra Heavy crude closed in its last session yesterday, Friday, with a decl…

CBE: Bank finance portfolios for MSMEs grew by 362% in 6 years

The Central Bank of Egypt (CBE) announced that banks’ finance portfolios for micro, small, and medium-sized enterprises (MSMEs) grew by 362% in six years (December 2015 to December 2023).

In a report obtained by MENA on the main indicators of financi…

Irrigation Minister lauds fruitful cooperation with UNDP

Irrigation and Water Resources Minister Hani Sewilam has praised current good cooperation between the ministry and the United Nations Development Program (UNDP).

The minister’s remarks came during his meeting with Abdallah Al Dardari, Assistant Secre…

KBA: July 7 official holiday for banks on Hijri new year

All local banks will close on Sunday, July 7, as an official holiday on the occasion of the new 1446 Hijri year, Kuwait Banking Association (KBA) announced Thursday.

KBA said in a press release that all banks will resume their work the day after (Mon…