Deadly Attack at Toronto’s Eaton Shopping Centre
One person has been killed and seven others injured in a shooting at Toronto's main central shopping center,…
Lebanese BankMed Q1 Net Profit Up $29 Mln
Lebanese BankMed’s consolidated net profit increased to $29.1 million in the first quarter of 2012, up by 13.9%…
Sawiris Backs Planet IB’s Bid For EFG-Hermes
Egyptian billionaire Naguib Sawiris is helping finance a takeover bid for Egypt's biggest investment bank EFG…
UAE’s Banks Not To Be Affected By Global Financial Crisis: Central Bank
The UAE's banks won’t be adversely impacted by the turmoil roiling international markets, the country’s central…
German Merkel Rejects Joint Debt Sharing
German Chancellor Angela Merkel hardened her opposition to joint debt sharing in the euro region as President…
Egyptians Fire Shafiq Campaign Office in Fayoum
Dozens of young Egyptians ransacked the campaign office of presidential candidate Ahmed Shafiq in Fayoum city south…
Lebanese Banks To Meet Basel III Regulations
Lebanese Central Bank Governor Riad Salameh said Wednesday that Lebanese banks will fully comply with Basel III…
Planet IB: Hermes Must Stop Any Alternative Transactions If Interested
Planet IB, that is seeking control of EFG hermes, the leading investment bank in the arab world, issued a…
El Mallawany: Planet Offer Not Rejected, But Must Get EFSA Approval If Serious
Yasser El Mallawany, CEO of EFG-Hermes Holding, has denied selling all his investments in the Egyptian market.…
Spain Calls For A New Fiscal Authority
Spain on Saturday proposed the set up of a new fiscal authority in the euro zone which would control and harmonize…