JPMorgan Executives Expected to Quit
Three top executives involved with a failed hedging strategy that cost JPMorgan Chase & Co at least $2 billion…
Greek Jitters Drive Sharp Losses For European Shares
European stock markets dropped sharply early Monday, with investors selling banks and resource stocks as the Greece…
ENBD Asset Management Funds Report Robust Performance In Q1
Emirates NBD Asset Management, the asset management arm of Emirates NBD, a leading bank in the region, announced…
CI Capital Upgrades Credit Agricole Egypt To “Hold”
Credit Agricole Egypt's quarterly profit got a boost from a rise in the bank's net interest income, and beat the…
Telecom Egypt Q1 Net Profits Up 1.7%
Landline monopoly Telecom Egypt Co. (ETEL:CA) reported on Monday a 1.7 percent rise in net profit for the first…
Qatar Exchange Hits Three-Day Lower
Qatar Exchange (QE) fell the third day straight Sunday, closing at 8,536.35. Shares lost across all sectors, as…
ADX General Index Falls 0.20%, Etisalat 0.46% Higher
The Abu Dhabi Securities Exchange (ADX) General Index slipped 0.20% to 2,473.51 points. The UAE's first telco…
DFM General Index Closed Lowest Level Since Feb
The Dubai Financial Market General Index (DFMGI) closed Sunday at the lowest level since February 21, off 1.77% at…
Qatar To Set Up An Islamic Bank
The Qatari government plans to set up Islamic bank with a paid-up capital of US$ 1 billion. The government…
Egyp Kuwait Fund for Arab Economic Development Signs MOU
Egypt signed a memorandum of understanding with the Kuwait Fund for Arab Economic Development to provide…
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