UN Official Hails Role of Lebanon’s Armed Forces
The UN Special Coordinator for Lebanon Derek Plumbly praised on Sunday the role that the Lebanese Armed Forces had…
Demand On Sukuk Rises Despite Greek Exit Fears
While the Euro zone crisis has been weighing on investors' sentiment and on global economic prospects, the issuance…
France Telecom Acquires 94% Of Mobinil: EGX
France Telecom (FTE) acquired 94 percent of Egyptian Company for Mobile Services (Mobinil) - (EMOB.CA) for EGP 19…
Saudi National Guard Prince to Hire Female Soldiers
Head of the Saudi National Guard Prince Mitaab Bin Abdullah said he will create a department within the…
IMF’s Lagarde “Humiliated” Greeks: Socialist Party Leader
Greece's socialist party leader says International Monetary Fund Chief Christine Lagarde has "insulted" his…
NATO Air Strike in Afghanistan Kills Many
A NATO air strike killed a family of eight, including six children, in their home in Afghanistan’s eastern province…
CBE Lowers RRR To 10%, Second Time in Two Months
The Central Bank of Egypt (CBE) said on Sunday it was lowering the reserve requirement on local currency deposits…
UNICEF Furious At Killing 32 children in Syria
The UN Children's Fund (UNICEF) said yesterday that the UN agency is outraged at the latest killing of 32 Syrian…
IDBE To Launch Educational Loan By 2012, H2
Industrial Development and Workers Bank of Egypt plans to launch the “education loan” by the second half of the…
Spain’s Bankia Says It Will Be On Solid Ground After Bailout
The president of troubled Bankia tried yesterday to calm fears about the future of the bank, saying Spain's second…