French Police arrests the Suspect in Toulouse Shootings
About 300 French police officers surrounded a house in Toulouse early Wednesday morning, trying to coax the suspect…
Nikkei closes below 10.100 on China Concerns
Tokyo stocks fell for the first time in six trading days on Wednesday, with the Nikkei Stock Average sliding 55.50…
CIB saves EGP 300m For Hyde Park’s Loan
Commercial International Bank (CIB) is currently studying saving from US$ 200 million to US$ 300 million of the…
Inditex Profit Surged on Asian Expansion
Inditex SA (ITX.MC), the owner of fast-fashion pioneer Zara, Wednesday reported a rise in 2011 net profit as sales…
UAE To Test Bank Execs’ Risk Management Ability
The United Arab Emirates central bank is preparing a test to determine whether senior executives in the country's…
Emirates NBD to launch next-generation mobile payment solution – MoneyMobile
Emirates National Bank of Dubai announced today the launch of the "MoneyMobile," a contactless payment solution…
Muslim Brotherhood seeks more details on IMF loan
Egypt's Muslim Brotherhood, the country's largest political force, on Tuesday held off from backing a request for a…
Egypt to cut Budget Deficit
Egypt will launch a scheme on Saturday to reduce its budget deficit by selling plots of land near Cairo to…
Tax Changing Promotes Arab businesses
Regional developments and economic pressures have impacted the taxation policies of almost all countries in the…
Etisalat UAE Seeks Approval to Expand Mobile Financial Services
UAE telecoms operator Etisalat, which saw $1.8bn moved over its network last year via money transfers, has sought…