Citigroup To Cut 11,000 Jobs, Take $1 Bln Charge
Vikram Pandit hired thousands of employees and invested billions of dollars as he sought to boost Citigroup Inc.…
Standard Bank Finalizes Sale Of Argentina Operations To ICBC
Standard Bank Group Ltd. (SBK), Africa’s largest lender, completed the sale of an 80 percent stake in its Argentine…
450 Injured, 5 Dead in Clashes at Egypt’s Presidential Palace
Clashes between supporters of President Mohamed Morsi and his opponents which started on Wednesday night have left…
Barclays To Boost Absa Stake In $2.1 Bln Transaction
Barclays Plc. (BARC), the second-largest U.K. bank, said it will increase its stake in Absa Group Ltd. (ASA) to…
Standard Chartered Sees $330 Mln Iranian Settlement
Standard Chartered Plc (STAN), Britain’s second-largest bank by market value, said it expects to pay about $330…
Emirates Islamic Bank Completes Integration With Dubai Bank
Emirates Islamic Bank announced that, as of November 30, 2012, it has successfully completed the integration of…
ElBaradei Rises to Lead Egypt Against Islamists
Former diplomat, politician and presidential candidate Mohamed ElBaradei has risen again, this time to lead Egypt's…
Tanks Outside Egypt Presidential Palace, Streets Calm
At least four tanks deployed outside the Egyptian presidential palace on Thursday in a street where supporters and…
Maher Asham: EGID Targets Kuwaiti Bourse’ Trading System Tests Completion
Maher Asham, CEO of Egypt for Information Dissemination (EGID), announced that the firm is targeting completing the…
El-Sharkawy: ETFs To Come Into Effect By 2013
Dr. Ashraf El-Sharkawy, Chairman of the Egyptian Financial Supervisory Authority (EFSA), announced that the…