Nikkei Records Fifth-Day Dip On Weak US Jobs Report
Japan's Nikkei average fell 1.5 percent to post its fifth straight day of losses on Monday, with a weak U.S. jobs…
Citibank Bahrain Launches Mobile Banking Service
Citibank Bahrain launched Citi Mobile, a banking service that allows customers to access their bank accounts using…
Arab Gulf Banks Recover After A Year Of Stagnation
The banking industry in the Middle East witnessed a healthy revenue growth of seven per cent in 2011 after a year…
EFG-Hermes 2011Net Profits Lower 63%
Egyptian bank EFG-Hermes (HRHO.CA) reported a 63 percent drop in 2011 net profit on Sunday as the economic fallout…
MB’s Candidate Al-Shater: IMF Deal Unlikely
Egypt's Muslim Brotherhood has warned the government it will not support an IMF loan unless the terms are changed…
Gras Savoye’s Hamed Mabrouk: 20 Insurance Brokers To Go Bankrupt In 5 Years
Hamed Mabrouk, managing director of Gras Savoye Insurance Brokerage Company, expected that 20 out of 33 insurance…
MB’s Fears mounts over Omar Suleiman Bid to Become President
Egypt's Muslim Brotherhood has warned of renewed turmoil if ousted leader Hosni Mubarak's ex-spy chief succeeds in…
Saudi Ambassador’s Spouse Celebrates The Oprhans’ Day With Children In An Old…
The Spouse of the Saudi Ambassador in Cairo, Ms. Omaya Yousef Kaki, commemorated the Orphans' Day, by taking place…
Dubai Reduces Real Estate Legal Disputes by “Tanweer”
After launching two initiatives in the last two years to revive stalled projects in the emirate, the Dubai Land…
Apple Fights US Justice Dept. over Pricing
Apple and two publishers are preparing to fight the US Justice Department in court if necessary over pricing…