EGX30 Retreats by 1.9% Amid Fluctuated Performance Week
Egypt’s stock exchange benchmark EGX 30 index retreated by 1.9 % this week, representing a decline of 91.87 points,…
RIM Plans for Dubai Store to Surge in Retail
Research In Motion Ltd. (RIM), seeking to offset plunging U.S. sales, is preparing to open stores across the Middle…
IMF Lends Bangladesh $987Mln To Boost Reserve
The International Monetary Fund has approved a $987m (£620m) loan for Bangladesh to help boost its foreign exchange…
It Is Time to Quite, EGX Is Independent Entity: Omran
On the sidelines of the press conference held on opening the EGX’s new headquarters in Smart Village, Dr. Mohamed…
Hungarian Ambassador denies ruling out Egypt from his Country’s Tourism Program
The Hungarian ambassador to Egypt Peter Kveck denied what has published in the Egyptian newspapers about ruling out…
Samsung Seizes Nokia’s Crown
Korea's Samsung Electronics Co Ltd ended Nokia Oyj's 14-year leadership of the global cell phone market in the…
Oman’s Bank Dhofar Registers 0.2% Growth In Q1 Profit
Bank Dhofar, Oman's second-largest bank by market capitalization, saw its first-quarter net profit rise marginally…
Saudi Aramco To Double Gasoline Imports
Saudi Arabian Oil, the biggest exporter of crude, will more than double its gasoline imports this month and next to…
Sony Expects Changes amid Job Cuts
Sony Corp said it is to cut around 10,000 jobs — 6 % of its global work force — as new CEO Kazuo Hirai moves to…
Fitch Affirms Bank of Sharjah’s IDR Rating at ‘BBB+’; Outlook Stable
Fitch Ratings has affirmed Bank of Sharjah's (BOS) Long-term Issuer Default Rating (IDR) at 'BBB+' and Viability…