Omani Central Bank Issues RO 211 Mln CDs
Certificates of deposit (Issue No 773) tender was held at the Central Bank of Oman (CBO) last week. The total…
FJP’s Member; Egypt’s Junta Impedes Democracy
The Egyptian Muslim Brotherhood’s political wing, the Freedom and Justice Party (FJP) has accused the ruling…
Saudi SABB’s FSR Affirmed At ‘A’
Capital Intelligence (CI), the international credit rating agency, announced that it has affirmed the ratings of…
Barclays Egypt Q1 PAT 78% Up
Barclays Egypt announced its Q1 financial results where Profit after Tax grew to reach EGP 70.953 M, 78% ahead of…
Twitter Taken Offline By Cascading Bug, site confirms
Twitter has blamed a "cascading bug" for rendering the social networking site inaccessible on Thursday. Users from…
Moody’s Demotes 15 Major Banks
The credit ratings agency Moody's has downgraded 15 global banks and financial institutions. The UK banks…
Protesters Flood Into Tahrir Square, Awaiting Egypt’s Run-off Results
Thousands of protesters filled Cairo's Tahrir Square overnight as Egypt's rival presidential candidates, an…
Lebanese Central Bank’s Balance Sheet Rose By 6% Since Jan.1
The Central Bank of Lebanon’s bi-weekly balance sheet reached US$74.51 billion by mid of June 2012, up by 6% from…
EGX 30 Retreats 8.7% In Week On Runoff Uncertain Results
Egyptian exchange main index EGX30 index sunk by 8.76 % this week, representing a retreat of 387.44 points, ending…
Spain Borrowing Rate Hikes
Spain’s borrowing costs leapt in a major bond market test Thursday as Madrid prepared to unveil the price of a…