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…
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…
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…
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…
Israeli union employees strike on behalf of subcontracted workers
Workers at Israeli airports, hospitals, banks and government ministries began a nationwide strike Wednesday after…
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…
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…
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…
European Central Bank bows to reality over Greek bonds
It seems the European Central Bank has bowed to the reality that it could not expect to make a profit on the Greek…
Egyptian MP to sue Parliament speaker
Hamdi al-Fakharani, an independent MP, plans to sue Parliament Speaker Mohamed Saad al-Katatny, after security…