Food insecurity still a worry
Africa's Pulse reports that the Sahel region of West Africa is facing a severe food security situation.…
Africa Poised For Faster Growth: World Bank
Economic growth in Sub-Saharan Africa remains strong and is poised for lift-off after growing at 4.9 percent in…
MB Mohamed Morsi officially announces his Presidential Bid
The Egyptian Muslim Brotherhood’s Mohamed Morsi has made his first public statements since entering the country’s…
Nestlé Beats Negative Expectations but Expects A Tough Year
Nestlé CEO Paul Bulcke addressing the company’s general meeting in Lausanne, Switzerland, on Thursday. Emerging…
Kingdom Holding Net Profit Surges
The Saudi Arabian company behind plans to build the world's tallest tower reported a surge in net profits yesterday…
EGX Gains Tripled to EGP 4 Bln; Midday
On Sunday’s midday session, the EGX extended its gains to reach EGP 4.36 billion as the capital market amounted to…
Emirates Eyes Foreign Acquisition
Emirates airline is changing its flight path. After more than a decade of organic growth, the Dubai carrier…
Bentley Says Sales In China Exceed US
Beijing: Bentley Motors Ltd, the Volkswagen AG super-luxury brand, said China became its biggest market during the…
Bahrain Banking Outlook Negative – Moody’s
The outlook on Bahrain's retail banking system remains negative, reflecting the fragile operating environment,…
GCC Foreign Assets To Reach $1.9trn
Net foreign assets held by Gulf states are forecast to soar to $1.9 trillion in 2012 as a result of high oil…