Libya’s Agoco Cuts Oil Output Over Protests
Libya's Arabian Gulf Oil Company (Agoco) has cut oil production by another 10,000 barrels per day (bpd)…
S Sudanese refugees to back Home
Thousands of South Sudanese stranded for months in a camp in Sudan are to be airlifted home, an aid group says. At…
Trading On EFG-Hermes’ Shares Suspended: EGX
The Egypt's Stock Exchange (EGX) suspended trading On EFG-Hermes (HRHO)’s shares at the start of Thursday's session…
Hurghada Airport receives 14 Thousands Tourists
Maj. Gen. Samy Abdel Monem, the director of Hurghada International Airport, asserted that 14 thousand tourists…
Egypt’s Tourism Companies to resume their Umrah Flights
Alaa Al Ghamry, Board’s member of Egyptian Travel Agents Association (ETAA), emphasized that the Egyptian tourism…
Commercial Deposits of Omani Banks Surges 17.5%
Total value of private deposits at the commercial banks in Oman as of end January and February 2012 rose by 17.5…
Fitch: Indian Banks Likely Need $50 Bln Under Basel
Indian lenders may have to raise as much as $50 billion to add to their retained earnings to meet Basel III capital…
Iran Purchases 60.000 Tons Of Australian Wheat
European traders say Iran has bought around 60,000 tons of Australian wheat irrespective of Washington’s tough…
Iran To Increase Forouzan Oilfield Output By 10%
National Iranian Offshore Oil Company (NIOOC) plans to increase production at the Forouzan Oilfield by 10 percent…
S&P Affirms Saudi Re’s Rating At BBB+; Stable Outlook
Standard and Poor's has affirmed Saudi Re's financial strength rating at BBB+ with a stable outlook. S&P…