Fitch Affirms Kuwait Finance House At ‘A+’, Downgrades Viability Rating To…
Fitch Ratings has affirmed Kuwait Finance House's (KFH) Long-term Issuer Default Rating (IDR) at 'A+' with a Stable…
Fitch Affirms Ahli United Bank ‘Kuwait’ At ‘A-‘; Outlook Stable
Fitch Ratings has affirmed Ahli United Bank's (AUBK) Long-term Issuer Default Rating (IDR) at 'A-' with a Stable…
EGX 30 Opens Above 5700 Pts, EFG-Hermes Shares 10.00% Up
During Wednesday opening session, the Egyptian Exchange (EGX) has posted early gains of EGP 2.22 billion as the…
Israeli Filmmaker In Hiding After Anti-Islam Movie Sparks Libya, Egypt Protests
An Israeli filmmaker went into hiding on Tuesday after his movie attacking Islam's Prophet Muhammad sparked angry…
British Gas To Inject US$5 Billion In Investments
Petroleum Minister Osama Kamal on Tuesday said British Gas is injecting US$3 billion to US$5 billion into…
William Hague Offers Lawyer To Egypt In Mubarak Assets Row
The foreign secretary has offered to send a lawyer to Egypt to help it recover assets held in the UK by supporters…
Egypt’s Utilities Minister Seeks USAID, AmCham Cooperation
Dr. Abdel-Kawi Khalifa, Minister of Utilities, sewage and waste, has held a meeting with a number of officials at…
Egyptians Have To Work Hard To Shrink Budget Gap
Egypt revised its budget deficit for the 2011/12 fiscal year sharply higher and its finance minister told Egyptians…
Dollar Edges Higher, Paring Losses
The dollar rose modestly during Asian hours Wednesday to pare the previous day’s losses, but with moves muted ahead…
Asia Stocks Jump On China, Global Optimism
Asian stocks rallied Wednesday as economically bullish comments from China’s premier spurred buying, and as…