Egypt’s SODIC Swings to 2011 Net Loss of EGP 193.2 Mln
Six of October Development & Investment Company - SODIC - (OCDI.CA) posted net losses of EGP 193.152 million…
UAE Banks Use New Fund Transfer System
UAE banks have fully adopted the UAE Fund Transfer System (UAEFTS) that enables them to conduct all interbank local…
Israel releases Palestinian Prisoner on Hunger Strike
Israeli authorities on Wednesday freed Palestinian detainee Hader Adnan who launched a 66-day hunger strike against…
Dubai’s Tamweel Q1 Net Profit Drops 33%
Dubai-based sharia-compliant mortgage lender Tamweel posted a 33% fall in first quarter net profit, hit by…
EU works on New Sanctions against Syria
The European Union is working on a new set of sanctions against Syria, EU foreign policy chief Catherine Ashton…
HPEC rejects Presidential Candidates’ Appeals
Ten candidates who had applied to run in the Egyptian presidential election have lost their appeals against…
Fitch Affirms National Bank of Bahrain At ‘BBB’; Outlook Stable
Fitch Ratings has affirmed National Bank of Bahrain's (NBB) Long-term Issuer Default Rating (LT IDR) at 'BBB' and…
Salim: Announcing Virtual License’s Features Next May
Dr. Mohamed Salim -Minister of Communications and Information Technology- said that the ministry will finish the…
Ericsson Launches Managed Services for IT Solutions
Ericsson today confirmed the availability of managed services for IT solutions, explaining that as…
Sony’s Xperia Receives Android 4.0 ICS Update
Android Ice Cream Sandwich is now already become the most desired OS updates. Not only because it has completely…