Al Baraka Bank Sudan elects Adnan Ahmed Yousif, announces a 14% surge in 2011 net income
Al Baraka Bank Sudan, one of the banking units of Al Baraka Banking Group BSC (ABG), elected Mr. Adnan Ahmed…
Al-Qaeda commander detained at Cairo airport’
Senior al-Qaeda commander Saif al-Adel has been arrested at Cairo airport, Egyptian security officials say. He was…
Lebanon needs massive investments to close its power gap
Lebanon will invest USD1.2bn over four years to add 700 MW of power generation capacity. But that is not going to…
NBE raises credit facilities for tourism sector to EGP 150 m
National bank of Egypt (NBE) said that its credit facilities supporting tourism capital will be increased to EGP…
Brent exceeds 122 Dollars as financial markets gain
Crude oil exceeded 122 $ on Wednesday after two days of losses following the gains in financial markets as a result…
AMICO leads NILEX’s Trading Fall, EGY-STON rises by 4.9%
During Wednesday’s trading, NILEX’s listed stocks have given fluid performance after being traded in 7 securities…
Clinton says U.S. moving on Iran sanctions
Secretary of State Hillary Rodham Clinton insists the Obama administration is moving swiftly to impose tough new…
DIFC’s ‘inflated’ registration fees shocks property investors
The Dubai International Financial Centre (DIFC) is charging buyers a much higher registration fees for real estate…
HSBC downsizing banking operations in MidEast
HSBC is scaling down its private banking operations in the Middle East, two sources told Reuters, and HSBC said its…
Assisting Syria backs Diplomacy: China said
China is urging world powers to provide humanitarian assistance to Syria, as Beijing tries to bolster diplomacy…