US banks get back $171 m on foreclosure-prevention incentive
The U.S. government is handing back it had withheld from Bank of America Corp. and J.P. Morgan Chase & Co.…
The Dubai’s World island project is not going ahead
A five star villa resort located on one of the man made islands on Nakheel’s The World development in Dubai is set…
27 People killed by tornadoes in Five U.S. Midwest States
Dozens of tornadoes cut a path across five states in the U.S. Midwest and South yesterday, smashing houses and…
ECB: overnight deposits register a record
The Frankfurt-based European Central Bank said overnight deposits rose to a record after its second allocation…
10% increase in Brazilian residential property prices in 2012
Property prices in Brazil are likely to increase modestly, around 5 to 10%, in 2012 and the real estate sector…
Barclays takes €8.2 billion from ECB
Barclays Plc tapped the European Central Bank (ECB) for €8.2 billion ($10.8 billion) of cheap funding this week,…
EGX30 up with 4.43% amid last of February’s sessions
Throughout the week; EGX30 increased by 4.43%; gaining 228.16 points to close at 5,369.97 points. Highest companies…
U.S.-Egypt Tensions Persist as Pro-Democracy Workers Allowed to Leave
U.S. pro-democracy workers facing trial in Egypt for illegally accepting foreign funds left the country yesterday,…
U.S. Stocks Little Changed After S&P 500 Rises
U.S. stocks were little changed as investors weighed whether a rally in the Standard & Poor’s 500 Index to an…
Switch-off your mobile phone on March 10
Activists on social networking websites have called Egyptian fellows to switch their mobile phones off on Saturday…