China Repo Rate Drops
China's seven-day repo rate edged lower on Monday following a signal from the central bank that it will maintain…
French Banks Drops on Tax Concern
French banks tumbled in Paris trading after the election victory of Francois Hollande raised concern that lenders…
Emirates NBD Islamic Unit To Issue $500 Mln Sukuk In 2012
Emirates NBD's Islamic unit plans to issue more than $500 million sukuk this year and expects to merge with Dubai…
Numbers of Tourists Coming to Egypt treble in 2012
The number of tourists to Egypt more than trebled in February compared with the same period last year at the height…
Swiss Re obtains USD 400 million in natural catastrophe protection through bonds issued by…
Swiss Re Ltd. secures USD 400 million in natural catastrophe coverage through a newly-formed issuer Mythen Ltd., a…
Francois Hollande achieves Victory in French Presidential Election
French socialist Francois Hollande has been celebrating victory in the country's presidential election. Hollande -…
NSGB Q1 Profit Drops 3.8% On Tax Increase
National Société Générale Bank (NSGB) has reported a dip in profits, missing analysts' estimates after a tax…
Haier Appoints IBS as Authorized Distributor in Egypt
Haier Group Corporation (www.haier.com), the world’s number one major home appliances brand, announced today the…
Anti-Putin Protests flares up
Protesters against Russian President-elect Vladimir Putin have clashed with police in the capital Moscow, ahead of…
KSE’s Week-Long Advance Halted
The Kuwait Stock Exchange (KSE) Market Index finished 0.12% lower Sunday, closing at 6,471.6. Gulf Franchising…