Indices news EFG-Hermes Turns into Loss in Q2 Due to Asset Disposal Yomna Yasser Sep 1, 2013 0 EFG Hermes (HRHO.CA), the leading investment bank in the Arab world, maintained a sharp focus throughout the first…
Indices news OCI N.V. H1/2013 Net Income Dips to $56.0 mln Yomna Yasser Aug 29, 2013 0 OCI N.V. reported financial results for the first half of 2013 which reflected 75.7% ownership in Orascom…
Indices news Oil Jumps To Two-Year High On Syria Strike Fears Amwal Al Ghad English Aug 28, 2013 0 Syria was the central focus for oil markets on Wednesday, with futures rising to the highest level in more than two…
MENA News Syria Diplomacy: Why Jordan Wants Military Meeting to Be Hush-Hush Salma Ayman Aug 27, 2013 0 Even as the world's military chiefs gathered in Jordan to debate their next move on Syria, the host nation is keen…
Banks Egypt C. Bank Offers $ 40 Mln to Local Banks on FX Auction Salma Ayman Aug 26, 2013 0 The Central Bank of Egypt (CBE) has offered its final foreign exchange auction for this week totaled US$ 40 million…
Egypt News Egypt’s Military Does No Wrong in Eyes of Weary Citizens Salma Ayman Aug 26, 2013 0 In the last two weeks, Egypt’s military-backed government has killed almost a thousand Egyptians, placed Cairo…
Arab Dubai Shares Climb to Five-Year High Led by Deyaar Yomna Yasser Aug 25, 2013 0 Dubai stocks rose to the highest since November 2008 as Deyaar Development PJSC (DEYAAR) and Union…
Banks Socgen Plans $300 mln Sukuk Program in Malaysia – Sources Yomna Yasser Aug 24, 2013 0 Societe Generale (SOGN.PA: Quote) will launch a 1 billion ringgit ($300 million) Islamic bond program in…
Financial Institutions EU to Suspend Export of Military Equipment to Egypt Yomna Yasser Aug 22, 2013 0 EU member states have announced they will suspend the export of military equipment to Egypt following a violent…
MENA News Opposition Says as Many as 1,300 Killed in Gas Attack Near Damascus Yomna Yasser Aug 21, 2013 0 Syria's opposition accused President Bashar al-Assad's forces of gassing many hundreds of people - by one report as…