Mohamed Nasr Abdeen: A Veteran Arab Banker
Mohamed Nasr Abdeen a prominent Arab banker with 45-year experience in commercial and Islamic banking. He is an…
“Avengers” smashes US box office record
The Avengers superhero movie has smashed the record for the biggest US opening weekend, taking $200m (£123m), early…
EGX Gains EGP 1.7 Bln On Arabs Purchases
On Monday’s closing session, the EGX posted gains of EGP 1.7 billion as the capital market amounted to EGP 354.895…
MENA Needs $250bn For Power Sector
Gulf oil producers and other countries in the Middle East and North Africa (MENA) need to pump nearly $250 billion…
STC To Reach 500,000 Homes In 2012
Saudi Telecom Co (STC) aims to connect 500,000 homes in the kingdom with optical fibre for highspeed broadband, but…
EFG-Hermes Deal: A Plot To Successful Way Out
EFG-Hermes Holding has chosen Dubai to hold its negotiations with Qatar’s QInvest about one of the largest…
MAF’s Mall Opens 20 New Stores
Mall operator Majid Al Futtaim today announced that it plans to open 20 additional outlets at its Mall of the…
Jebel Ali Free Zone Seeks Sukuk Redemption Approval
Jebel Ali Free Zone, a business park operator in Dubai, will seek approval from holders of its AED7.5bn (US$2bn)…
The Hublot King Power Alinghi 4000
When Hublot’s ebullient Jean-Claude Biver stepped onto the deck of one of Ernesto Bertarelli’s super-yachts to…
Christians Worried Over Having Islamist President
Although the Church has announced it does not favour a certain contender in Egypt's coming presidential election,…