Greece’s Finance Minister takes over Socialist Party
The finance minister of Greece, Evangelos Venizelos, assumed the leadership of the country’s embattled Socialist…
S&P 500 ends Best Week since December
The S&P 500 closed out its best week in three months with a slim gain on Friday as investors continued to…
Saudi Oil Sales to U.S. jump
Saudi Arabia is preparing to extend this year's unexpected jump in oil sales to the United States, adding to…
TASI to sustain Increased Activity Level: NCB Outlook
NCB Capital expects the TASI, Saudi’s main index, to sustain increased level of activity for 2012 supporting a 21%…
Oil Futures fall below $105 pb
Oil futures turned lower Thursday, after wavering between losses and gains, as traders mulled reports that the…
Capital One to sell $1.25 billion of shares
Capital One Financial Corp (COF.N) said it would sell $1.25 billion of its common stock to pay for a portion of its…
NBAD approves distribution of 30% cash dividends and 35% bonus shares
The National Bank of Abu Dhabi's (NBAD) annual general meeting (AGM), held today at the Emirates Palace in Abu…
“EBI role in boosting Egyptian economy” conference to be held tomorrow
Egyptian Banking Institute is organizing a conference tomorrow under the name of “Egyptian Banking Institute role…
Spain’s La Caixa in merger talks with Banca Civica
La Caixa, Spain's largest savings bank, is in a process of due diligence to merge with smaller rival Banca Civica,…
Aldar and Sorouh plan for merging
Abu Dhabi's two major property developers Aldar Properties and Sorouh Real Estate said they have started talks on a…
