Ulster Banks Gives Unemployed Woman € 18 Mln By Mistake
An unemployed Irishwoman has described her shock at discovering that she had access to more 18 million euros (£14.6…
Palestinian President to announce Cabinet Reshuffle
Palestinian President Mahmoud Abbas is about to announce a reshuffle of Prime Minister Salam Fayyad's cabinet,…
South Korea Suspends Four Bank
South Korea’s Financial Services Commission said it ordered four mutual savings banks to halt operations for six…
ADX Closes Lower At 2,495.31Pts
The Abu Dhabi Securities Exchange (ADX) closed a quarter percentage point lower at 2,495.31 points. The sheikhdom's…
Egyptians not to elect Military’s Favorite Candidate
Egypt is getting closer to its first presidential election in the post-revolution era following the ouster of…
UK Regulator Urges Banks To Treat Customers Better
Britain's financial watchdog warned banks they must start treating customers better by the summer or face…
UAE’s National Bank of Fujairah Arranges AED265 Mln Syndication For Pacific Control…
United Arab Emirates' National Bank of Fujairah (NBF) announced that it has closed an AED265m syndicated loan for…
UAE’s Mashreq Bank Implement EMC Symmetrix VMAX System
Mashreq Bank has consolidated its IT infrastructure onto EMC Symmetrix VMAX, the world's most powerful, trusted and…
Dubai’s DFM General Index 1.38% Lower
The Dubai Financial Market (DFM) General Index declined 1.38% to 1,560.28 Sunday. A sharp drop in oil prices,…
NBE Offers EGP 100 Mln To Indebted SMEs
The National Bank of Egypt (NBE) studies offering credit facilities of EGP 100 million to help some indebted SMEs…