11 Banks Show Willingness To Finance Steel Company
About eleven banks have given initial approvals to contribute up to 150% to the Islamic syndicated loan amounting…
TRA To Formalise Act To Look Into Dominance By Telecom Companies
The Telecommunications Regulatory Authority (TRA) is in the process of formalising an act to look into market…
Etisalat To Cancel SIM If Subscribers Fail To Update Personal Information
Etisalat’s mobile subscribers who got SMSs from the telecom service provider should update their personal…
Property Management Vital To Both Owners And Tenants
Despite the impressive quality of many real estate projects in the UAE, there is "generally poor quality of the…
Gold Adds To Gains As Fed Easing Hope Lingers
Gold futures ticked higher in electronic trading during Asian hours Monday, as optimism for more U.S. bond buying…
Oil Futures Edge Lower As Dollar Inches Up
Benchmark U.S. oil futures edged lower in Asian trading hours on Monday, pressured by a mild recovery for the U.S.…
Chinese Stocks Gain, But Japan Slips
Asia shares traded mixed in a choppy session Monday as losses for blue-chip names weighed in Tokyo, while weak data…
Europe Stocks Wobble; Pharma Weighs, Miners Up
European stock markets struggled for direction in early trade on Monday, as drug makers declined, while heavyweight…
Egypt’s PM To Put Economic Focus On Growth, Deficit Cut
Egypt's new prime minister Hisham Kandil is finalising an economic reform plan that will rein in hefty consumer…
Egypt Urban Consumer Prices Up 6.5 Pct In August
Egypt's urban consumer inflation quickened to 6.5 percent in the 12 months to August 2012 from 6.4 percent in July,…