“Private Funds” To Be Transferred To A Unified Account
Momtaz El-Saeed, minister of finance, said that prime minister’s decision to freeze private funds and accounts with…
HSBC Bank To Merge Omani Operations With Oman International Bank
HSBC Bank Middle East Ltd (‘HSBC’), an indirect wholly-owned subsidiary of HSBC Holdings plc, has entered into an…
Criminal Court adjourns Lawsuit against “American Ambassador” till May 27
South Cairo court adjourned a lawsuit no. 2729/2011 against the American ambassador to Cairo which filed by 3…
EGX Pares Its Gains, Ended at EGP 4 Bln
On Monday’s closing session, the EGX pared its gains to reach EGP 4.23 billion as the capital market amounted to…
Israel’s Fears mounts Over Egyptian gas Termination
Israel has expressed "deep concern" over Egypt’s termination of its gas export deal with the Tel Aviv regime. On…
ADX Ends Slightly Up
Abu Dhabi Securities Exchange (ADX) General Index ended up 0.14% at 2,499.35 amid dull trading. National Corp for…
British Govt : New Measures to limit Public Spending
Britain is to unveil new rules to further limit public spending as part of the government's efforts to meet its…
Sidi Kerir To Distribute Cash Dividends For Today’s Shareholders
Sidi Kerir Petrochemicals Co. - SIDPEC (SKPC.CA) declared cash dividends no. (10) of EGP 1.55 per share payable on…
HSBC Islamic Business Grows By 200% In 2011
HSBC Holdings Plc’s (HSBA) Islamic risk management business posted double-digit growth last year on rising demand…
Nestle To Buy Pfizer Infant-Food Unit For $ 11.9 Bln
Nestle SA (NESN), the world’s biggest food company, agreed to buy Pfizer Inc. (PFE)’s infant-nutrition unit for…