Bombay Stock Exchange Launches Broad-Based Islamic Index
The Bombay Stock Exchange (BSE) has launched an Islamic equity index based on the wide-measure…
Kuwait Shares Rise to Three-Year High as Citizens Loans Canceled
Kuwait’s benchmark index climbed on Wednesday to a three-year high on bets investors will boost stock…
HTC Chief Chou’s Last Chance At Turnaround Rides On One Handset
HTC Corp. (2498) President Peter Chou called his latest smartphone One. As sales slide and market share shrinks,…
Asian Shares Fall On Weak China PMI, ECB In Focus
Weak Chinese manufacturing data reinforced doubts over the health of global economies and pushed Asian shares lower…
EFG-Hermes Plans Asset Sales As QInvest Deal Fails
EFG-Hermes Holding SAE (HRHO.CA), Egypt’s largest investment bank, said it will sell assets and cut costs after an…
Facebook Revenue Exceeds Estimates On Mobile Advertising
Facebook Inc. (FB)’s first-quarter sales topped projections, a sign that Chief Executive Officer Mark Zuckerberg is…
Gold Prices In Egypt, Arab States – Early Thursday
The tables below show the gold prices per gram on early Thursday in Egypt and the Arab states:
Baring Frontier Manager Avoids Egypt Stocks as IMF Talks Stall
Baring Asset Management, the money manager once owned by the bank brought down by Nick Leeson, is…
Six Ministers To Change In Egypt Cabinet Reshuffle: State Paper
A limited cabinet reshuffle will see six ministers replaced in Egypt, state newspaper al-Ahram said on…
Hermes, QInvest Declare JV Agreement Expiration
EFG Hermes (HRHO.CA), the leading investment bank in the Arab world, and QInvest, Qatar’s leading investment bank,…