CBE Offers US$ 40 Mln At Thursday’s FX Auction
The Central Bank of Egypt (CBE) offers on Thursday US$ 40 million to local banks at its 40th FX auction and the…
Stocks End Mostly Lower; S&P Record Elusive
U.S. stocks finished with limited losses on Wednesday, with the S&P 500 index stalled just points from its…
Europe Stocks Rise After German Retail Sales
European stock markets climbed on Thursday, after data showed German retail sales unexpectedly rose in February,…
Asia Stocks Fall Sharply As Banks Weigh
Asia stocks came under strong selling pressure Thursday, with banks putting in a particularly weak performance…
Israel Army Arrests Five Hamas Members: NGO
Israel's army early Wednesday arrested five members of the Palestinian Islamist group Hamas, including a member of…
Syria Opposition Chief Surprised By US Refusal Of Missile Cover
Syria's opposition chief said on Wednesday he was "surprised" by a US decision to reject his demand for NATO to…
Hisham Ezz El-Arab Named FEB Chairman, Succeeding Tarek Amer
Hisham Ezz El-Arab, managing director of the Commercial International Bank (CIB), has been named the chairman of…
British Troops Arrive In Mali For Training Mission
British troops have arrived in Mali as part of an EU mission to train local forces fighting Islamist insurgents,…
Egypt’s Military Stop Attempt To Cut Internet Cable
Egypt's marines stopped a 'criminal operation' on Wednesday to sever a regional Mediterranean cable providing…
Al-Futtaim Will Sign Settlement Agreement With Egypt Govt In Days
The UAE-based international real estate firm, Al-Futtaim Group will be soon signing the final settlement…