Kuwait’s Ahli United Bank’s 2011 Net Profit Posts KD 31.5 million
Ahli United Bank, Kuwaiti lender, announced net profits amounting to KD 31.5 million for 2011, in addition to…
NBE’s Investments in Government Debt Instruments Reach 70 Bln EGP: Amer
Tarek Amer – Chairman of the National Bank of Egypt (NBE) - said that the NBE's investments in the government debt…
Chairman Of American Chamber Supports Amr Mousa
Gamal Moharam – Chairman of the American Chamber in Egypt- announced his support towards Mr. Amr Mousa in the…
“Egyptian Company for Insurance Brokerage” exits the Market
An insurance source in a major insurance brokerage company, expected the sector to witness bankruptcy of 20…
Egyptian Exports To Japan Doubled In 2011
The value of Egyptian exports to Japanese market has increased by 100%, in the period between January and October…
Zahil A New Company With $ 3.6 Mln Capital
A new company was founded on a capital of KD 1 million (around $ 3.6 million) under the name "Al-Zahil Company" as…
J.P. Morgan’s Asia-Pacific Head Quits
J.P. Morgan Chase & Co.’s chairman and chief executive officer for the Asia Pacific region, Gaby Abdelnour, is…
Experts Call for Stock Auction Transparency in KSE
Kuwaiti economists have called for greater transparency for auctioning held at Kuwait Stock Exchange (KSE) on…
Kuwait’s Crude Oil Exports to China Jump 49.8%
Kuwait's crude oil exports to China jumped 49.8 percent in February from a year earlier to 962,000 tons, equivalent…
U.S. Fed’s Bernanke Affirms Low Rates
The U.S. economy needs to grow more quickly to bring down the unemployment rate further, Federal Reserve Chairman…