Egypt’s Govt Pumps EGP 55.6 bln New Investments
Finance minister, Momtaz Al Saeed, said the state’s general plan for the fiscal year 2012/2013 budget includes…
AAIB Disbursed 91,000 Yellow Remittances
Arab African International Bank (AAIB) disbursed 91 thousand yellow remittances, with value of EGP 355 million till…
Saudi Shares Hit Three-Month Low
Saudi Arabian shares fell to the lowest in almost three months, led by petrochemical companies and banks, as…
Worries Mount As Nokia Burns Through Cash
Nokia Oyj is tearing through its cash reserves at an unsustainable rate, raising what some analysts say are serious…
Europe Shall Bailout Spain’s Banks: Hollande
French President Francois Hollande said on Friday Spain's banks should be recapitalized by Europe's bailout funds…
U.S. Says Will Bar Some Motorola Mobility Phones
Some Motorola Mobility smartphones infringe on a Microsoft patent and will be barred from importation to the United…
EBRD Approves €1 Bln Fund For N.Africa
European Bank for Reconstruction and Development shareholders agreed a 1 billion euro ($1.27 billion) special fund…
Austria to give Afghanistan 18 mln Euros for Police Training
Austria will give 18 million euros ($23.6 million) for police training in Afghanistan after the withdrawal of…
UAE bans Traveling to Lebanon over Clashes
The United Arab Emirates on Saturday urged its citizens to avoid travel to Lebanon, where clashes linked to the…
NBE Awarded “Best Retail Bank In Africa”
The National Bank of Egypt (NBE) received the “Best Retail Bank Award” in Africa by the Asian Banker. The…
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