GCC Exports to Japan Increases by 40% in 2011
A sharp increase in oil prices boosted exports of goods by the UAE and five other Gulf hydrocarbon producers to…
R&M Launches New Partnership Program in Egypt
Reichle & De-Massari (R&M), the Swiss structured cabling specialist, today announced the introduction of a…
NBE Reduces Non-Performing Loans To EGP 60 Bln This Year
National Bank of Egypt (NBE) targets reducing non-performing loans to EGP 6 billion in this fiscal year, down from…
BDAC To Launch Savings Certificates With 11% Accumulated Return
Bank for Development and Agricultural Credit (BDAC) studies offering savings certificates with a fixed accumulated…
French Investments in Saudi Arabia Reach $15bln
French Ambassador to Riyadh (Bertrand Besancenot) has said that investment environment in the Kingdom is stimulus…
4 Killed Amid Oil Storage Tank Blast in Egypt’s Suez
Four people have been killed and 22 others injured by an explosion at an oil storage tank in the eastern Egyptian…
Egypt To Sue UK Treasury On Mubarak’s Assets Repatriation Failure
The Egyptian Ministry of Justice has decided to sue the UK Treasury for failing to reveal information necessary for…
GIB Sponsors Bahrain’s Reception At IMF/ World Bank Meetings
Gulf International Bank (GIB) has confirmed its sponsorship of the Banks in Bahrain Reception taking place within…
HSBC MENA Affirms Importance of Relations With China
Trade Corridors between China and the MENA region carry huge economic growth potential for businesses, offering…
Presidential Election Commission Disqualifies Top Islamists, Mubarak VP
Egyptian authorities disqualified front-runners from presidential elections including Hosni Mubarak's spy chief,…
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