EGX Loses EGP 8 Bln; On Monday Closing
On Monday’s closing session, the EGX incurred losses of EGP 7.9 billion as the capital market amounted to EGP…
Real Estate Loaning Decreases With 70% On Weak Projects
Abd El Megied Mohiey – Vice President of Egyptian Arab Land Bank- stated that the volume of loans and facilities…
Etisalat May Face $ 800m Pakistan Payout
Pakistan Telecommunication (PTCL) should soon receive assets due to it as part of its partial privatization, its…
Bombing kills 25 while Nigerian celebrates Easter Day
Dead bodies littered a road in northern Nigeria on Sunday after a massive explosion that an official said killed 25…
Four Seasons To Announce First Dubai Property
Four Seasons Hotels and Resorts, the luxury hotelier in which Saudi Arabia’s Prince Alwaleed Bin Talal’s Kingdom…
Ebied’s Government Accused of Wasting 30 billion EGP
Engineer Ebrahim Abu Ouf – President of housing committee in the Parliament- declared that former Atef Ebied’s…
Dubai Bank & Emirates Islamic Bank Approve Merger
Two Dubai-based banks have approved a plan to merge into one unit following negotiations over the past two years…
Al-Shater: Ex-spy Chief’s Running insults Egyptian Revolution
A bid for power by Hosni Mubarak's former intelligence chief is an insult to Egypt's revolution that, if…
Kuwait’s GDP Raises 4.5% in 2012
Kuwait’s real GDP grew by 5.7 per cent in 2011 and is projected to swell by nearly 4.5 per cent in 2012 due to…
Saudi Banks Benefit On Bourse Bounce
Middle Eastern stock markets rallied in the first quarter of 2012, recovering most of the losses of 2011. But the…