Wethaq Renews Unionaire’s Marine Cargo Insurance Policy
Wethaq Takaful Insurance Company renewed the marine cargo insurance policy of Unionaire Group for 2012, giving a…
Sanofi, Hetero to Make Cheap Anti-HIV Drugs in South Africa
French pharmaceutical giant Sanofi has signed a partnership with India's Hetero to manufacture cheap anti-HIV drugs…
US to Impose Fresh Oil Sanctions on Iranian Oil Buyers
US President Barack Obama has approved the introduction of fresh sanctions on buyers of Iranian oil. In a…
Oman’s Private Bank Deposits Rise 12% In January 2012
Central Bank of Oman (CBO) announced that Total value of private deposits at the commercial banks in the Sultanate…
Security Breach Hits MasterCard & Visa Accounts
Payment network operators MasterCard Inc, Visa Inc, American Express Co and Discover Financial Services were hit by…
EGX 30 loses 127 Pts This Week
Throughout the week, EGX30 decreased by 2.47%; losing 126.77points, to close at 5,018.55 points, and the primary…
Oil Firms on Weakened Dollar and Improved US Consumer Sentiment
Brent crude futures rose on Friday following three straight lower settlements, heading for a 14 percent quarterly…
Gold Climbs as Dollar Index Reaches One-month low
Gold prices rose on Friday as the dollar fell to a one-month low against a basket of currencies, including the…
Man Died in Gaza amid Clashes between Palestinian Protesters and Israeli Forces
One man died and dozens more were injured Friday as Israeli forces and Palestinian demonstrators clashed in Gaza…
World Bank Revives “Curry” Bonds
News that the World Bank is set to issue as much as USD4.3bn in rupee bonds has revived talk of the viability of a…
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