Guides & Analytics
HSBC to focus more on Asia after achieving $22 billion profit in 2011
HSBC Holdings Plc (HSBA) posted a $21.9 billion profit for 2011, the best outturn by a western bank so far, Reuters reported. HSBC predicted growth in Asia and other…
Banks for Development and Agricultural Credit raise loan portfolio to EGP 7.7 billion
Eng. Mohamed Reda Ismail, Minister of agriculture and land reclamation, approved the loan portfolio increase for development and agricultural credit banks from…
Expo city project – Bahrain is on track
The new Expo City project at Sakhir, Bahrain is expected to be completed within three years, Industry and Commerce Minister of Bahrain Dr Hassan Fakhro said. The…
Experimental pumping of Egyptian gasoline into Israel, Jordan and Arish
“Gasco” company, natural gas grid, started today, Monday at 9AM, its experimental pumping process of gas pipelines into the local regions in South Sinai and the…
Stock Futures Signal Lower Wall Street Open
According to Reuters, Stock index futures pointed to a lower open for equities on Wall Street on Monday, with futures for the S&P 500, the Dow Jones and the…
Avaya eyes Egypt as a strategic market in the Middle East region
Avaya has identified Egypt as a key, strategic market within the Middle East and North Africa (MENA) region, as the country’s public and private sector undergo…
300-million-year-old forest found in China
A 300-million-year-old tropical forest has been discovered under volcanic ash in northern china. Researchers will study the fossilized forest examine an…
Deputy Prime Minister – Bahrain receives Japanese ambassador
Deputy Prime Minister Shaikh Mohammed bin Mubarak Al Khalifa received today the newly appointed Japanese ambassador to the Kingdom of Bahrain Shigeki Sumi, according…