4 Banks To Offer Alex Hospitals EGP 1.5 Bln Loan
Four Egyptian banks will participate in an EGP 1.5 billion syndicated loan to finance the construction of the EGP…
Facebook Allows Game Makers to Use Local Currencies
Facebook Inc. (FB), operator of the largest social network, will let game developers sell virtual goods based on…
Oracle Results Reduce Spending Worries
Oracle reported stronger-than-expected quarterly results on Monday as sales of new software licenses jumped. It…
U.S., Israel Developed Flame Computer Virus: Newspaper
The United States and Israel jointly developed the Flame computer virus that collected intelligence to help slow…
KADCO Aims at Cultivating 10,500 Feddans in Toshka in 2014
The Kingdom Agricultural Development Company (KADCO) announced that it targets to add 6,500 feddans to its…
A.M. Best Downgrades Issuer Credit Rating of Arab Misr Insurance Group S.A.E.; Revises…
A.M. Best Europe – Rating Services Limited has downgraded the issuer credit rating (ICR) to “bbb” from “bbb+” and…
Canada Shares Up Backed by Mining, Industrials
Canadian shares edged upward Tuesday, as Toronto's S&P/TSX Composite Index (CA:$ISPTX) +1.12%rose…
US Shares Soar Ahead of Fed Meeting
US Shares rose sharply Tuesday as the Federal Reserve began considering options that could lead to further moves to…
Euro Hits Highest In Month; $1.27
The euro extended gains against the dollar on Tuesday, touching $1.27 as U.S. shares gained and analysts expected…
Fitch Lowers 3 Egyptian Banks’ Rating To ‘B+’; Outlook Negative
Fitch Ratings has downgraded Egypt-based National Bank of Egypt (NBE), its wholly-owned subsidiary, National Bank…