Europe Shares Choppy On Europe, China Concerns
European stock markets were volatile on Friday, with banks up on speculation of a short-selling ban, while miners…
Investors Brace For Facebook Debut On Wall Street
Investors are bracing for Facebook's Wall Street debut on Friday after the world's No.1 online social network…
EGX’s Main Index Falls 2.5% In Week Ahead of Presidential Elections
Egypt Exchange’s benchmark EGX 30 index declined by 2.48 % this week, representing a retreat of 124.61 points,…
World Bank’s Zoellick: Eurozone Needs Funding For Reforms
World Bank President Robert Zoellick said if Greece leaves the eurozone, it would have "ripple effects" comparable…
Iran Warns Of Litigation Against Google Over Nameless ‘Gulf’
Iran warns Internet giant Google of legal action, should the US-based corporation continue to use ‘alternative…
Saudi Ambassador Denies a Statement Claiming Mubarak’s Release
Saudi Arabia’s ambassador to Cairo Ahmed Qattan denied claims by the Muslim Brotherhood that the kingdom had sought…
Fitch Drops Blom Bank’s Support Rating At ‘5’
Fitch Ratings has affirmed and simultaneously withdrawn Blom Bank's Support Rating at '5'. The affirmation reflects…
Egypt’s Presidential Vote targets Israel
Israel has become a punchbag for politicians vying for votes in Egypt's presidential race, playing on popular…
Fitch Affirms Bank Audi Ratings At ‘B’; Outlook Stable
Fitch Ratings has affirmed Bank Audi S.A.L's (Audi)Long-term Issuer Default Rating (IDR) at 'B' with a Stable…
Turkey Bans Egyptian Potatoes, Onions
Dr. Sayed El-Bous, adviser to minister of foreign trade and industry, said Turkey rejects importing the Egyptian…
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