Bank for Agricultural Credit Allocates EGP 1.140 Bln To Buy Wheat Crops
Branches of Bank for Development and Agricultural Credit started on Sunday morning receiving wheat crops from…
HSBC’s Douglas Flint Warns Of A Possible Harm To UK Lending
Douglas Flint, chairman of HSBC, said that the new committee - chaired by Bank Governor Mervyn King - is likely to…
Qatar Increases Its Stake in Total to 3%, Undecided on Further Buys
Qatar Holding, a unit of the Gulf nation's sovereign wealth fund, has increased its stake in French oil group Total…
Disney Chief Rich Ross Quits After “John Carter” Flop
The head of Disney film-making studio, Rich Ross, has resigned as chairman a month after the film John Carter…
Saudi Arabian Regulator investigates Banks For Violations
The Saudi Arabian Monetary Agency (SAMA) is investigating local banks for tampering with the terms of Saudis’…
Constitutional Court turns down SCAF’s Request
Egypt’s constitutional court on Saturday rejected a request by the ruling military council to rule on whether top…
Saudi Bourse Boost On Telecom Shares; Saturday
Saudi shares ended higher on Saturday, led by gains in telecommunication stocks. The all-share index (TASI) gained…
HP Targets Middle East Expansion as Growth slows elsewhere
Computer manufacturer HP is targeting expansion in the Middle East as growth in Europe and the US slows. Salim…
Iran Establishes Condensate Refinery Using Own Resources for 1st Time
Iran for the first time will be building an oil refinery "Pars", using only its own resources, managing director of…
US to provide Israel $ 680 mln over Strengthening Iron Dome
The US plans to provide Israel with an extra USD 680 million to strengthen Tel Aviv's Iron Dome missile system,…