Guides & Analytics
Dubai’s debt decision a credit positive step
Dubai: The absence of Dubai government guarantees in support of the Dubai Group restructuring is credit positive for Dubai's sovereign credit worthiness, Bank of…
Yemen killed 270 in crackdown on Arab Spring protesters, watch group says
NEWY YORK – Yemen's president, who is in New York protected by diplomatic immunity while he receives medical treatment, ordered a crackdown on Arab Spring…
Syrian forces renew assault on Homs, activists say
Activists say Syrian forces have renewed their deadly, weeklong assault on Homs in the heaviest bombardment the city has seen since the country's uprising began in…
Dubai SMEs will receive funds from Abu Dhabi bank
Dubai: Abu Dhabi's biggest bank will offer financial facilities of up to $100 million (Dh367.3 million) to Dubai small and medium enterprises (SMEs), a move that is…
Israeli union employees strike on behalf of subcontracted workers
Workers at Israeli airports, hospitals, banks and government ministries began a nationwide strike Wednesday after union and government negotiators were unable to…
Greeks fail to strike deal to take to Brussels
Greek leaders failed early on Thursday to agree on reforms and austerity measures, the price of a bailout to avoid a messy default, forcing Finance Minister…
EGX goes up 0.51%, EGX 30 reaches 4733.12 Points
At the beginning of the trading process today, the EGX has gone up by 0.51% due to foreigners and international institutions ‘s bulk purchases of leading shares…
IMF loan to Egypt seen as bribe, not bailout
The IMF is giving Egypt a three-billion-dollar bailout, but there are fears it will only line the pockets of former President Mubarak's protégés who continue to run…