Guides & Analytics
UAE’s National Bank Of Fujairah Q1 Profit Records Dhs64.5 Mln
National Bank of Fujairah PSC (NBF) recorded a net profit of Dhs64.5m for the three month period ended 31 March 2012, compared to Dhs50.6m in the corresponding…
Djezzy Appeal On $1.3 Bln Fine Postponed To May 6
An Algerian court on Sunday postponed an appeal hearing into a $1.25 billion fine imposed on Djezzy, the local mobile phone unit of Russian telecoms firm Vimpelcom,…
CIB Markets US$ 175 Mln Ethylene Loan By Mid May
Commercial International Bank plans to market its share in the loan offered to Egyptian Company for Ethylene which is equal to US$ 175 million by the second half of…
Japan, US to Boost Ties
Japanese Prime Minister Yoshihiko Noda is meeting United States President Barack Obama in Washington to boost the alliance between the two countries. His visit comes…
Orascom Construction Gets Consent For Shareholder Vote On Split
Orascom Construction Industries (OCI) (OCIC.CA) said on Monday Egyptian Financial Supervisory Authority (EFSA) had approved its request to call for a shareholders…
Saudi Arabia’s Banks Q1 Profit Reports SR9.6 Bln
Saudi Arabia’s 12 major banks reported a total profit of SR9.6 billion in Q1, 2012, reflecting a year-on-year growth of 24 percent. Al-Rajhi Bank and National…
Deadly Blasts Shakes The Syrian City of Idlib
A number of people have been killed in blasts in the north-western Syrian city of Idlib, activists and state TV say. TV reports said two suicide bombings had killed…
Egypt’s Al Wasat Party endorses Aboul-Fotouh for President
Egypt’s Al Wasat Party, a group founded by a former Muslim Brotherhood official, said it will back Islamist candidate Abdel Moneim Abou Al Fotouh for president. Abou…