Disney Chief Rich Ross Quits After “John Carter” Flop
The head of Disney film-making studio, Rich Ross, has resigned as chairman a month after the film John Carter…
Saudi Arabian Regulator investigates Banks For Violations
The Saudi Arabian Monetary Agency (SAMA) is investigating local banks for tampering with the terms of Saudis’…
Constitutional Court turns down SCAF’s Request
Egypt’s constitutional court on Saturday rejected a request by the ruling military council to rule on whether top…
Saudi Bourse Boost On Telecom Shares; Saturday
Saudi shares ended higher on Saturday, led by gains in telecommunication stocks. The all-share index (TASI) gained…
HP Targets Middle East Expansion as Growth slows elsewhere
Computer manufacturer HP is targeting expansion in the Middle East as growth in Europe and the US slows. Salim…
Iran Establishes Condensate Refinery Using Own Resources for 1st Time
Iran for the first time will be building an oil refinery "Pars", using only its own resources, managing director of…
US to provide Israel $ 680 mln over Strengthening Iron Dome
The US plans to provide Israel with an extra USD 680 million to strengthen Tel Aviv's Iron Dome missile system,…
Intel and IBM Face the Slowest Sales Growth
Intel and IBM have posted the slowest sales growth in years, as the European slump weighed on orders last quarter.…
Kingdom Holding’s Net Profit Rises 11.3% in Q1
Saudi Arabia's Kingdom Holding, the investment firm of Prince Alwaleed bin Talal, said on Saturday its first…
US Banks To Comply With Volcker Rule By July 2014
U.S. banks will have two years to implement the so-called Volcker rule so long as they make a “good faith” effort…
