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…

Riyadh: The Ministry of Commerce registered 2,457 new commercial files for container handling services during the second quarter of 2024, an increase of 48% compared to 1,658 files in the same period last year, according to the ministry’s quarterly bu…

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…

Kuwait’s Minister of Finance and Minister of State for Economic and Investment Affairs Dr. Anwar Al-Mudhaf said the projected revenues in the state budget of FY 2024-2025 amount to KD 18.9 billion (nearly USD 61.6 billion), down by 2.8 percent from th…

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…

Tokyo stocks climbed Thursday, with their broader index ending at a 34-year, following overnight gains on Wall Street.

The Tokyo Stock Price Index, which includes all shares of the First Section on the Tokyo Stock Exchange, advanced 26.29 points, or …

South Korean companies Hyundai Motor Group and LG Energy Solution launched on Wednesday their first electric vehicle (EV) battery cell production plant in Indonesia with an annual capacity of 10 Gigawatt hours (GWh) of battery cells.

“This is the fir…