Guides & Analytics
Abou AL Fotouh Expects MB Votes To Dominate
A leading Islamist candidate said yesterday he was confident he would win enough votes in Egypt's first real presidential election to seal victory in the first…
Oman’s AhliBank Reports 47% Increase In Q1 Net Profit
Omani lender Ahlibank S.A.O.G. reported a 47 per cent increase to RO 5.92 million in net profit for the period ending March 31, 2012, from RO 4.03 million during the…
Egyptian MPs disapprove Govt’s Economic Plan
Assembly speaker Saad al-Katatni said the "government must submit its resignation to the head of state". Egypt's parliament overwhelmingly rejected the…
UK Economy in Deep Recession
The UK economy has returned to recession, official figures have shown. The economy shrank by 0.2% in the first three months of 2012, the Office for National…
UAE’s Mashreq Bank Q1 Profit Rises 2%
United Arab Emirates’ Mashreq Bank reported a 2 per cent increase in its net profit in the first quarter of 2012 to Dh271 million compared to Dh265.3 million for the…
African Union, UN call on Sudanese to follow Peace Plan
The African Union (AU) is calling on Sudan and South Sudan to abide by a plan that will see both parties pull forces out of a disputed border area. A senior AU…
European Shares Opened Wednesday Higher
European shares opened slightly higher Wednesday, as investors erred on the side of caution ahead of the U.S. Federal Reserve rate decision and key U.K. growth…
Credit Suisse Profit Falls 96% On Debt Losses
Credit Suisse Group AG (CSGN), the second- largest Swiss bank, reported a 96 percent decline in first- quarter profit after booking accounting charges related to its…