MENA News GCC bank provisions soar 59% in Q4 Amwal Al Ghad English Mar 29, 2012 0 Banks in Gulf oil producers are pushing ahead with a drive to build up loan loss provisions in the wake of the 2008…
Tech news MENA’s Jobs Need Technology to Achieve Sustainable Future Administrator Mar 28, 2012 0 SAP MENA has called for a comprehensive public-private partnership centering on policy overhauls, a national…
Real Estate Property Investments in Jeddah Reach 200billion Riyal Administrator Mar 28, 2012 0 Property investments in Jeddah are currently estimated at SR200 billion. Ongoing plans to construct a number of…
Banks Net Operating Income of Al Baraka Bank Egypt Rises by 54% in 2011 Amwal Al Ghad English Mar 28, 2012 0 Al Baraka Bank Egypt, a subsidiary banking unit of Al Baraka Banking Group B.S.C. (ABG), announced that it had…
Indices news OCI Gains Most in 3 Weeks on Gavilon Deal Yomna Yasser Mar 27, 2012 0 Orascom Construction Industries (OCIC) rose the most in three weeks after posting the highest amount in building…
Banks AlBaraka announced the dividends distribution Amwal Al Ghad English Mar 27, 2012 0 AlBaraka Banking Group B.S.C. (ABG) has announced the distribution to shareholders (as of AGM date 21 March 2012)…
Arab SSE Rallies to New Three-and-Half Year High Yomna Yasser Mar 27, 2012 0 Banks helped the Saudi Stock Exchange (SSE) rise for a fourth straight session Monday, with stock benchmark Tadawul…
forex news Kuwait’s Crude Oil Exports to China Jump 49.8% Yomna Yasser Mar 26, 2012 0 Kuwait's crude oil exports to China jumped 49.8 percent in February from a year earlier to 962,000 tons, equivalent…
Banks HSBC: 167% Growth For The Egyptian Market By 2026 Administrator Mar 26, 2012 0 Trade in the Middle East and North Africa (MENA) region is expected to grow by 131% to 2026, faster than world…
EGX EFG Hermes And Qatar’s Qinvest Mull Units Merger Amwal Al Ghad English Mar 26, 2012 0 Egypt's EFG Hermes and Qatari Islamic investment bank QInvest said on Monday they were discussing a possible merger…