Guides & Analytics
First Gulf approves 100% cash dividend and 100% bonus shares
First Gulf Bank PJSC, headquartered in Abu Dhabi, concluded its Annual General Meeting on February 29, 2012 .The AGM approved a cash dividend of 100% of capital, as…
Hong Kong Airlines halts dolphin transportation
Hong Kong Airlines has agreed to stop transporting live dolphins after more than 6,500 people signed an online petition demanding a ban. "Since it is believed that…
Gulf Finance House registered USD 381 thousand in 2011 net profit
Gulf Finance House’s financial results showed that it returned to profitability despite a challenging year, thanks to strong shareholder support, investor loyalty…
Asia Stocks sink with Japan losing its Gains
Asian markets ended lower Thursday, with Japan losing early gains as the yen turned higher, while separate readings on China’s manufacturing sector pointed to a…
Investors stay while James Murdoch leaves News International
News that James Murdoch was stepping down as executive chairman of News International was met with a collective yawn on Wall Street. It is not that analysts don’t…
Ministry Of Petroleum Turns Down A $1bln loan
Eng. Abdullah Ghorab, minister of petroleum, said that the general authority of petroleum refused to resume the negotiations for getting a loan of a billion…
Steel companies fix the price in March at 4650 EGP per ton
Steel companies announced that they will fix the steel price in march 4500 EGP per ton for delivery in factory, and 4650 EGP per ton for the final consumer, while…
Amer: Islamic Banks Aren’t Activated Yet
Tarek Amer, Chairman of National Bank of Egypt, affirmed that the 40-year-old Islamic banks in Egypt have not achieved success, noting that the market share of these…