Moody’s Cuts Credit Ratings Of 28 Spanish Banks
Banco Santander SA (SAN) and Banco Bilbao Vizcaya Argentaria SA (BBVA), Spain’s largest lenders, were downgraded by…
UAE’s Personal Loans Rose To Highest Level Since 2008 Financial Crisis
Personal loans sanctioned by banks in the UAE inched up 0.8 per cent in April, reaching the Dh255.9 billion mark,…
Egypt’s Morsi Never Made Interview to Iranian Agency
An Iranian news agency said Egypt's Islamist President-elect Mohamed Morsi had voiced interest in restoring…
Standard Chartered Private Bank Launches Islamic Financial Solutions In Dubai
Standard Chartered Private Bank (the Private Bank) announced at a press conference held in Dubai, the launch of a…
Barclays Bank Egypt Holds Exclusive Economic Forum For Its Customers
Barclays Bank Egypt hosts an insightful event featuring Alia Moubayed, Barclays Capital Senior Economist – Middle…
U.S. Shares Fall On European Concerns
U.S. shares declined Monday, with Wall Street pessimism growing on prospects of concrete results from a meeting of…
Greek Finance Minister To Resign
Greek Finance Minister Vassilios Rapanos will resign from that post, the Associated Press reported Monday. Though…
Greek Shares Fall 6.8% As Banks Drop
The Athens General Index (GR:GD) -6.84% led declines among European bourses on Monday and plunged 6.8% to…
Venus Williams Ousted In Wimbledon 1ST Round
Venus Williams was eliminated at Wimbledon in the first round Monday in a 6-1, 6-3 match against Russian Elena…
Shekel Drops Against Dollar Amid Bank of Israel Cuts Rates
The Israeli shekel stayed down against the U.S. dollar on Monday after the Bank of Israel lowered interest rates by…