Aramco and Tihama Sign Deal of Power Expansion
Capacity at three power plants will be expanded under an agreement signed on Monday between Saudi Aramco and…
ON TV’s Hosts receive Threats from Jihadist Group
An Egyptian satellite channel claims to have received threats from a jihadist group warning them to “change its…
Al Naggar: Forming Parliamentary Delegation to Visit Detainees in Saudi Prisons
Dr Mustafa Al Naggar, Justice Party’s MP, said he will submit a proposal to Dr Saad Al Katatni, PA’s Chairman, to…
Atos Confirms Guidance as Q1 Sales 2.4% Higher
French computer service company Atos SA (ATO:FP)Wednesday said it confirms guidance for 2012 after reporting first…
UAE Controls 17% of Arab GDP in 2010
The UAE accounted for nearly 17 % of the combined Arab GDP in 2010 and controlled around a third of the total…
Allianz Establishes Holding Company
Allianz Insurance - Egypt plans to form a holding company encompassing Allianz Insurance (Life), Allianz Insurance…
Mobily’s Launches Application to Recharge Lines via Mobile Camera
Etihad Etisalat “Mobily” announced the launch of the first mobile application in the world that allows users to…
EFG-Hermes Rebounds; LSE Midday
Egypt's Global Depositary Receipts (GDRs) listed in the EGX witnessed on Wednesday an unsteady performance during…
KSA’s Net foreign Assets Reach $600bln
Saudi Arabia’s net foreign assets stood at around $494 billion at the end of 2010 and strong oil prices are…
IDBE Sells Real Estate Assets With EGP 5 Bln
Industrial Development and Workers Bank of Egypt (IDBE) said real estate assets portfolio that was transferred to…