Egypt Cenbank Happy With Level Of Pound
Egypt's central bank is comfortable with the current level of the Egyptian pound and does not target any particular…
Qinvest Said To Cut Jobs At Brokerage, Asset Management
QInvest LLC, the Qatar investment bank, is cutting jobs at its brokerage and asset management divisions, two people…
IMF Revises Upward Egypt Growth For 2012
Egypt's economy will grow a better than expected 2 per cent in 2012 as political tensions ease, the International…
Trade Bank Of Iraq Denies Payments To Syria For Fuel
Trade Bank of Iraq denied a report it had received cash or letters of credit from Syria for fuel supplies from…
Asia Stocks Mostly Lower As Japan Slides
Japanese stocks fell sharply to lead losses across most of Asia on Wednesday, with technology and steel firms…
Dollar Index Back Over 80 After A Month
The dollar advanced Wednesday to trade back over the 80 mark for the first time in a month, with investors once…
Oil Falls In Asia On Dollar Strength
Oil prices fell in electronic trading Wednesday, giving back some of the solid gains recorded the previous day, as…
Europe Stocks Mostly Lower On Growth Worries
European stock markets opened lower on Wednesday, as downbeat sentiment continued over global growth concerns and…
Imam extradited from Britain pleads not guilty to US charges
One-eyed radical Islamist cleric Abu Hamza al-Masri pleaded not guilty to 11 criminal counts in federal court on…
Kenya Top Tea Grade Price Dips At Latest Auction
The average price of top grade Kenyan tea fell for the first time in four weeks to $4.17 per kg at auction this…