Barclays chairman Quits Over Loan Rates Scandal
Barclays on Monday announced the resignation of its chairman, Marcus Agius, in the widening scandal surrounding…
Spain’s Economy Slashes to Deepen Recession In Q2, 2012
Spain's Economy Minister Luis de Guindos announces that the country's recession deepened in the second quarter of…
‘Technical Challenges’ Disrupt Blackberry Services In UAE
"I have not been able to download any emails since afternoon and my Internet services seem to be taking ages,"…
UAE May Have New Telecom Operators After 2015
The UAE could end the monopoly of Etisalat and du in the country's telecommunications sector and admit new…
NBG Negotiates With Credit Agricole Over Greek Unit
National Bank (NBGr.AT), Greece's biggest lender, said on Monday it was in talks with France's Credit Agricole…
Abu Dhabi Investment House Completes 65% Of Qatari Entertainment City
Abu Dhabi Investment House ( ADIH ) has completed of 65% of the Entertainment City project in Qatar, a senior…
EGX 30 Jumps 4.69%, OTH 9.87% Up; Early Monday As President Takes Office
As the newly elected President Mohamed Morsi assumed office during the weekend, the Egyptian Exchange (EGX) posted…
Egypt’s President Orders Review of Detained Protesters Cases
Egypt’s first democratically-elected President, Mohamed Morsi has ordered the formation of a commission to review…
Egypt Allocates USD850m For New Cities Infrastructure In 2013
The Egyptian finance ministry has decided to allocate EGP 5 billion (USD 850 million) for infrastructure projects…
Egypt’s Alcotexa: 1.016 Tons Cotton Sold In Past Week
Egypt's Alexandria Cotton Exporters' Association (Alcotexa) committed to sell 1,016 tons of cotton in the week that…
AfDB 2023