Credit Agricole Exits Greece Taking Profit Hit On Unit
Credit Agricole SA, France’s third- largest bank, is exiting Greece by agreeing to sell Emporiki Bank to Alpha Bank…
Egypt Shop Curfew To Cost $4.1 Billion
Egypt’s decision to order shops and cafes to close at 10 p.m. and midnight, respectively, will lead to losses of 25…
Top Credit Suisse Mideast Banker Yammine Resigns
Credit Suisse's Middle East managing director and co-chief executive officer, Bassam Yammine, has resigned from the…
Egyptian Police Torture 88, Kill 34 Under President Morsi: Rights Report
In a recent report published by the Cairo-based Nadim Centre for the Rehabilitation of Torture Victims, 34 cases of…
Egypt’s Ezz Steel Says Q2 Net Profit Falls 16%
Egypt's largest steel producer, Ezz Steel (ESRS.CA), reported a 16 percent drop in net profit for the second…
EGX 30 Climbs 1.56%, Opens Above 5800 Pts
During Wednesday opening session, the Egyptian Exchange (EGX) has posted early remarkable gains of EGP 4 billion as…
Egypt Post-Mubarak Legal Challenges Testing Foreign Investors
Vishnu Swaroop Baldwa is one investor who won’t be returning to Egypt any time soon. “We see better opportunities…
Visitors Throng Eoman Pavilion At GITEX Technology Week
The eOman pavilion continues to attract a steady stream of visitors at GITEX Technology Week, which is currently…
Chinese Telecoms Firm ZTE Eyeing Middle East Markets
A Chinese telecom giant the US government has recommended be kept out of the States over cyber-security fears…
UAE’s Number One English Language Website For Women Launches New Site Dedicated To…
The new website enables users to search over 4,000 restaurant listings across Dubai, Abu Dhabi, Qatar, Kuwait and…