Deutsche Bank’s Henry Azzam Steps Down
Henry Azzam, Chairman of Middle East and North Africa (MENA) region at Deutsche Bank, has stepped down, the German…
EFG-Hermes’ Net Income Tumbles 63%: EGX
Egyptian investment bank EFG-Hermes saw its net income slide 63 percent in 2011, the stock exchange said on Sunday.…
NBE Settles EGP 100 Mln Debts In Exchange For Assets In Ain Sukhna
National Bank of Egypt (NBE) approved settling EGP 100 million debt of a customer in exchange for a hotel and some…
AMICO Medical Leads NILEX’s Downwards
During Sunday’s trading, NILEX’s listed shares have witnessed unsteady performance after trading in 8 securities in…
Islamic Group Puts Forward Safwat Hegazy For Egypt Vote
An ultraconservative Islamist group has put forward a fundamentalist cleric as its candidate in Egypt's upcoming…
Qatar National Bank’s Assets Rise 28.2% in Q1
Qatar National Bank Group has announced its financial results for the three months ended 31 March 2012. The group…
Banque Misr Looks To Launch Islamic Durable Goods Fund
Banque Misr studies launching Murabaha (Islamic finance) fund for durable goods as well as Musharaka (Islamic joint…
Revamping Plan Leads RIM’s Executives to Quit
Research In Motion “RIM” said two executives, including Senior Vice-President Alan Brenner, are departing as the…
HTC Profit Reaches the Bottom
HTC -Asia's second-largest Smartphone maker- posted its biggest drop in profit since listing a decade ago after…
Seagate Hires new Channel Sales Manager for Egypt and UAE
Seagate Technology, a world leader in hard disk drives and storage solutions, has appointed Aysha Mir for the UAE…
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