New Trade Case against China: Obama Administration
The Obama administration is bringing a new trade case against China that seeks to pressure the rising economic…
India’s Oil Companies not hurt by Iran Sanctions
India's state-run oil companies haven't been hurt by sanctions imposed on Iran by the U.S. and European Union,…
Imam dies in Mosque in Brussels
An imam has been killed in a fire at a Shia mosque in the Brussels suburb of Anderlecht, in what is believed to…
EGX indexes go in Red in Midday: Government Confidence Withdrawal Repercussions
On Tuesday’s midday session, the EGX incurred losses approximately reached L.E 4.6 billion as the capital market…
FGB launches reduced rate credit card for UAE nationals
First Gulf Bank (FGB), UAE lender, is offering new reduced- rate credit card options for Emiratis with decreased…
Palestinian and Israeli Authorities agree to Truce: Egyptian Mediators
After days of pounding violence, Palestinian and Israeli authorities have agreed to a truce and to stop all…
$100 pb is Reasonable Price for Oil: Bahraini Energy Minister
Bahraini Minister of Energy Abdul Hussein Mirza said Bahrain believed that the USD 100 per barrel is reasonable…
Munich Re with positive outlook for 2012 – profit guidance of €2.5bn
Munich Re has made a good start to 2012 and is aiming for a profit of around €2.5bn. CEO Nikolaus von Bomhard was…
Militants in Afghanistan attack Government Delegation
Two of Afghan President Hamid Karzai's brothers and several top security officials were in the delegation in…
Asian Markets gain as Banks & Commodity-linked Stocks jump
Asian stock markets rallied Tuesday as banks and commodity-linked stocks climbed on positive cues from U.S.…