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The Watch
Rupee Nears Its Lowest Within A Month
India's rupee fell to the lowest level in more than a month on speculation foreign funds will cut purchases of…
Court to rehear AJWA Subscription Suspension on March 8th
Cairo Economic Court, under the chairmanship of Counselor Ahmed Moussa, has decided today to adjourn the…
Euro declines for the fifth day versus Yen
The euro declined for a fifth day against the yen after a European report showed the region’s economy contracted…
Koreans develop Abu Dhabi oil fields
South Korea has signed a multi-billion dollar deal with Abu Dhabi National Oil Company (Adnoc) to develop three new…
Global harvest of wheat declines as the yields diminish to average
Australia’s government commodity forecaster said that the wheat crops worldwide will probably decline 2 % in the…
Du proposes 1st Dividend Payment to Shareholders
Dubai Telecom operator Du proposed its first dividend payment to shareholders on Tuesday despite seeing its…
GB Auto gains L.E5.5 Billion Revenues on Passenger Car Sales: FY 2011
GB Auto (AUTO) has achieved revenues of L.E5.5 billion during the FY 2011 gaining 7.2%, noting that it had posted…
Oil rises on NYMEX electronic trading
Prices of crude oil futures contracts rose in the U.S. electronic trading on the New York Mercantile Exchange…
141 Units SODIC’s Westown Residence Sold
Six of October Development & Investment Co. (SODIC) has launched the second and third phases of Westown…
Egyptian Companies to extend in Arab, International Oil Markets
Minister of Petroleum and Mineral Wealth Abdallah Ghorab stressed that the Egyptian companies will be extended in…
