Abu Dhabi Investment Fund Mubadala Spends $5.5bn
The Abu Dhabi government's investment vehicle, Mubadala expects to spend about Dhs20.1bn ($5.47bn) this year, as it…
IMF: Lebanon Needs More Work To Reduce Debts
The International Monetary Fund (IMF) has said Lebanon has not made much-needed efforts to reduce the country's…
Europe Shares Mostly Choppy; Spain , Greece Shares Higher
European stock markets traded choppily on Thursday, with support from the financial sector vying with losses for…
Faika El Refaie: 2.5% Gap Between The Needed Investments And The Actual Savings
Faika El Refaie, former sub-governor of Central Bank of Egypt, said there are a funding gap of 2.5% between the…
First Presidential Debate on Air Today
Two candidates will square off Thursday in Egypt's first-ever televised presidential debate - just two weeks ahead…
Egypt’s New Budget to Boost Spending by 15%
Egypt's Finance Ministry has submitted a draft budget to the cabinet that would increase spending by 15 percent in…
Europe Shares Opened In Rebound Mode
European stock markets opened mostly higher on Thursday, attempting to rebound from sharp losses the prior day,…
Mohamed Morsi: Egypt’s Transitional Period Needs Mixed System
The presidential candidate Mohamed Morsi, the chairman of FJP, said the transitional period in Egypt needs a mixed…
Lebanon’s Bank BEMO Profit Drops 53%
Lebanese Bank BEMO published its unaudited financial statements early this week, reporting a 53.57 percent…
Emirates Group Announces 24th Consecutive Year of Profit
The Emirates Group has today announced its 24th consecutive year of profit and companywide growth amidst…