Italy’s MPS To Sell Biverbanca Stake For €200 Mln
Italy's third-biggest lender, Banca Monte dei Paschi di Siena, has reached a deal to sell its 60 percent stake in a…
Syrian President Forms New Govt
Syrian President Bashar al-Assad formed a new government, but kept on the heads of its interior, defense and…
Russia Turns Down Deadlines for Iran Nuclear Issue
Russia’s Foreign Minister Sergei Lavrov has dismissed the effectiveness of setting deadlines for the settlement of…
Saudi Islamic Finance Assets Valued At US$ 94 Bln: Deloitte Report
Saudi Arabia is one of the main contributors to the Islamic Finance industry, with an estimated $94 billion in…
Mashreq Bank Launches New Majestic Loan Packages
UAE- based Mashreq Bank has announced another edition of its Majestic Loan packages. Customers can now apply for…
Bundesbank Opposes ECB’s Bailout Plan
The Bundesbank (German central bank) opposition to the European Central Bank’s plan to help ailing financial…
Egypt’s HPEC To Herald Run-off Election’s Results On Sunday
The result of Egypt's presidential election will be announced on Sunday, a member of the committee overseeing the…
Urban Community: Real Estate Co. Should Participate in Amending Regulation
New Urban Community Authority, subordinated to the ministry of housing, called on the real estate companies to send…
Suez Cement Delays Project of EGP 1.5 Bln On Political Instability
Suez Cement (SUCE.CA) has decided to postpone carrying out its project regarding adding new production lines to its…
Banque Misr: Deposits Portfolio Posts EGP 161 Bln In May
Banque Misr’s deposits portfolio rose by EGP 6 billion, or 3.9%, registering EGP 161 billion at the end of last…