Commercial Deposits of Omani Banks Surges 17.5%
Total value of private deposits at the commercial banks in Oman as of end January and February 2012 rose by 17.5…
Fitch: Indian Banks Likely Need $50 Bln Under Basel
Indian lenders may have to raise as much as $50 billion to add to their retained earnings to meet Basel III capital…
Iran Purchases 60.000 Tons Of Australian Wheat
European traders say Iran has bought around 60,000 tons of Australian wheat irrespective of Washington’s tough…
Iran To Increase Forouzan Oilfield Output By 10%
National Iranian Offshore Oil Company (NIOOC) plans to increase production at the Forouzan Oilfield by 10 percent…
S&P Affirms Saudi Re’s Rating At BBB+; Stable Outlook
Standard and Poor's has affirmed Saudi Re's financial strength rating at BBB+ with a stable outlook. S&P…
Fayza Aboulnaga: Saudi Arabia To Aid Egypt
Saudi Arabia “will start implementing” a financial aid package to Egypt this month with a $1 billion deposit in the…
Polar Bears Can Swim Vast Distances: Study
Scientists do not know whether such long-distance swimming is a new behavior, USGS officials said. Polar bears are…
U.S. & Japan Debt Levels Are Worrying More Than Euro Zone: IMF
U.S. and Japanese debt levels are as bad or worse than in the euro zone, IMF chief economist Olivier Blanchard…
Egypt’s Junta announce New Overnight Curfew
Egypt’s ruling military council said it will impose an overnight curfew on Saturday in the defense ministry…
BNP To Sell Assets For Boosting Firepower
BNP Paribas, France's No.1 listed bank, said on Friday it had almost wrapped up its plan to sell assets and cut…
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