Qatar’s Masraf Al Rayan Net Profit Jumps 7.8% In Q1
Qatari lender Masraf Al Rayan posted a first quarter net profit of QR353mn, up 7.8% on the same period last year,…
Abou AL Fotouh Expects MB Votes To Dominate
A leading Islamist candidate said yesterday he was confident he would win enough votes in Egypt's first real…
Oman’s AhliBank Reports 47% Increase In Q1 Net Profit
Omani lender Ahlibank S.A.O.G. reported a 47 per cent increase to RO 5.92 million in net profit for the period…
Egyptian MPs disapprove Govt’s Economic Plan
Assembly speaker Saad al-Katatni said the "government must submit its resignation to the head of state". Egypt's…
UK Economy in Deep Recession
The UK economy has returned to recession, official figures have shown. The economy shrank by 0.2% in the first…
UAE’s Mashreq Bank Q1 Profit Rises 2%
United Arab Emirates’ Mashreq Bank reported a 2 per cent increase in its net profit in the first quarter of 2012 to…
African Union, UN call on Sudanese to follow Peace Plan
The African Union (AU) is calling on Sudan and South Sudan to abide by a plan that will see both parties pull…
European Shares Opened Wednesday Higher
European shares opened slightly higher Wednesday, as investors erred on the side of caution ahead of the U.S.…
Credit Suisse Profit Falls 96% On Debt Losses
Credit Suisse Group AG (CSGN), the second- largest Swiss bank, reported a 96 percent decline in first- quarter…
Mitt Romney vows to take the White House
Republican presidential hopeful Mitt Romney has vowed to take the White House from President Barack Obama and end…