Four Banks Likely To Issue US$ 1.5 Bln Sovereign Bond In Dubai
Dubai has mandated four banks for a sovereign bond issue of up to $1.5 billion which may be launched as early as…
UK Govt exceeds Its Annual Borrowing Target
The UK government borrowed more than expected in March, official figures have shown, but still met its borrowing…
Europe Shares Mostly Rebound as Banks Rise
Most European stock markets climbed back into positive territory on Tuesday after steep losses the prior day, with…
The Dutch Ambassador Opens A New Building Of The Beautiful Oasis In Fayoum
Funded by the Embassy of the Kingdom of the Netherlands in Cairo, H.E. Mrs. Susan Blankhart, Ambassador of the…
UAE’s First Gulf Bank Posts 7% Increase In Q1 Net Profit
First Gulf Bank, Abu Dhabi's second-largest bank by market capitalization, posted a 7-percent rise in first-quarter…
Political Backlash against Euro Zone Austerity
A political backlash against fiscal austerity left mainstream French and Dutch politicians struggling on Monday to…
NBE Settles Al Nasharty’s Debts After Acquiring Some Of Bankruptcy Assets
The National Bank of Egypt (NBE) approved in principle settling EGP 310 million debt of Amr Al Nasharty, chief of…
Nikkei Falls On European Politics, Euro Zone Crisis
Japan's Nikkei share average fell on Tuesday, weighed down by falling Asian indexes as political flux in Europe…
Egyptian Govt not to license US NGOs
The Egyptian government has refused to license eight US civil society groups, including the election-monitoring…
Swiss Re’s annual Group Watch report shows positive growth in the UK Employee…
In-force group risk premiums rose by 2.9% in 2011, reversing the negative trend of the past two years according to…