European Central Bank to shut door on easy money at end of 2018
European Central Bank should shut the door on its monthly asset purchases next September, according to a majority…
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What to expect ahead of the Bank of England’s Sept. policy meeting
The Bank of England is expected to hold interest rates steady and make no changes to its asset purchasing program…
Four Egyptian banks on UAB list of top 1000 banks
The Union of Arab Banks (UAB) included four Egyptian banks to its annual Top 1000 World Banks ranking that released…
China lining up for 2,000 more McDonald’s restaurants in 5Yrs
Fast-food giant McDonald's plans to accelerate its expansion in China increasing the number of restaurants in the…
Egypt’s Marseilia establishes new firm for property assets management
Egypt's property developer Marseilia Group announced Wednesday that it has established a new firm for real estate…
Gold dips as Asian stocks gain, but Trump worries support
Gold prices edged lower on Monday as Asian stocks gained, although political worries surrounding U.S. President…
SDX Energy finishes drilling campaign at SD-1X well in Egypt
North Africa focused oil and gas company SDX Energy Inc said on Friday drilling on the SD-1X on the South Disouq…
Moody’s maintains negative outlook on Lebanon’s banking system
Moody's Investors Service has maintained its negative outlook on Lebanon's banking system, reflecting the rating…
China approves first asset appraisal law
China's legislators have approved the nation's first asset appraisal laws in an attempt to standardize an unruly…
Yahoo Mail could get boost if bought by mobile firm
Yahoo Inc's venerable email system could have a better shot at challenging category crusher Gmail if a…
Egyptian asset manager Beltone Financial to buy NYC brokerage firm
Beltone Financial, Egypt's largest asset manager, signed an agreement to acquire 51 percent of New York-based…
Dell eyes $10 billion asset sales ahead of EMC merger – Reuters
Dell Inc is preparing to sell around $10 billion in non-core assets, including software and services, to reduce the…
Tycoon Sawiris, SAM fund join Saint-Gobain/Sika Deal Battle
Southeastern Asset Management (SAM) investment fund working with Egyptian billionaire Nassef Sawiris said…
Caution reigns as Fed and Greek uncertainty rumble on
Investors in most asset classes traded cautiously on Wednesday as they waited for a signal from the U.S. Federal…
Vodafone in Talks with Liberty Global on Asset swap
Vodafone, the world's second biggest mobile company, said it is in early talks about exchanging selected assets…
Nokia in Talks to Sell its Luxury Subsidiary “Vertu”
Cell phone maker Nokia is in talks to sell its UK luxury subsidiary Vertu, which hand makes some of the world's…
Aldar’s Q1 Profit Reaches Dh478.2m
Aldar Properties said its fiscal first quarter net profit jumped to Dh478.2 million from Dh189.1 million during the…
Aramco and Tihama Sign Deal of Power Expansion
Capacity at three power plants will be expanded under an agreement signed on Monday between Saudi Aramco and…
KSA’s Net foreign Assets Reach $600bln
Saudi Arabia’s net foreign assets stood at around $494 billion at the end of 2010 and strong oil prices are…
Assets Sale Boosts Kingdom Holding Net Profit
The Saudi Arabian company behind plans to build the world's tallest tower reported a surge in net profits yesterday…
Google’s Page Describes Android as “Important but not Critical”
The Android Smartphone operating system is a very important asset for Google, but it is not critical, Google's…
Silicon Oasis’s Net Profit Increases by 134%
Dubai Silicon Oasis (DSO) said it has recorded 134 % jump in net profits reaching Dh131 million in…
Facebook Acquires Tagtile’s Team of Customer-Loyalty App
Facebook Inc. is acquiring the team of developers behind customer-loyalty application Tagtile, adding to its…
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…
UAE issues its first gold coin by end of this month
Dubai Multi-Commodities Authority (DMCC) said that the UAE’s first gold coin -which was unveiled last year- will…