J.P. Morgan’s Asia-Pacific Head Quits
J.P. Morgan Chase & Co.’s chairman and chief executive officer for the Asia Pacific region, Gaby Abdelnour, is…
Experts Call for Stock Auction Transparency in KSE
Kuwaiti economists have called for greater transparency for auctioning held at Kuwait Stock Exchange (KSE) on…
Kuwait’s Crude Oil Exports to China Jump 49.8%
Kuwait's crude oil exports to China jumped 49.8 percent in February from a year earlier to 962,000 tons, equivalent…
U.S. Fed’s Bernanke Affirms Low Rates
The U.S. economy needs to grow more quickly to bring down the unemployment rate further, Federal Reserve Chairman…
Yen Weakens, USD Rebounds
Yen weakened against the dollar and most of its major counterparts ending its recent rise as Japanese importers…
Arrangements For NASDAQ’s Initial Listing Application: BIG
Board of Directors of BIG Trade and Investment (BIGP), one the NILEX’s listed companies, decided to apply for…
Abu El Enien to Amwal Al Ghad: Sokhna’s Factory Is Not For Sale
Mohamed Abu El Enien – Chairman of Ceramica Cleopatra Group- denied proposing his factory in Ein El Sokhna for sale…
Standard Chartered And Noor Islamic Bank Loan $175m To Stanford Marine
Standard Chartered Bank and Noor Islamic Bank announced on Monday that they have acted jointly as initial mandate…
Egypt, Hamas, Palestinian Authority Political Clash lead to Crisis in Gaza
A political fight between Egypt, Hamas and the Palestinian Authority is to blame for fuel shortages that have led…
Israeli Ambassador Yaakov Amitia returns to Cairo
Israeli ambassador Yaakov Amitia arrived today at Cairo, coming from Tel Aviv via the Jordanian capital Oman; after…
