Al Baraka Bank H1 net profit up to $28.7 mln in Egypt
Al Baraka Bank Egypt, part of Bahrain’s Al Baraka Banking Group, reported a first half net profit worth 255.390…
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assets
Private equity firms focused on Hewlett Packard asset sales
Buyout firms are focused on acquiring some software assets that Hewlett Packard Enterprise Co (HPE) has been…
Verizon sale leaves Yahoo investors betting on a stub
Yahoo Inc shareholders may be left betting on how quickly, if at all, the former web pioneer can cash in on its…
Egypt govt appeals decision canceling freeze on footballer Abou-Treika’s assets
An Egyptian legal body that acts on behalf of the government has appealed a court ruling that overturned a…
Saudi Telecom to choose between Sale or Merger of Tower Network
Saudi Telecom Co. has approached potential bidders for its phone towers as the kingdom’s biggest telecommunications…
Qatar Petroleum, Exxon seek giant Africa gas deal
Exxon Mobil Corp. and Qatar Petroleum have teamed up to look at energy assets in Mozambique, home to some of the…
Brexit may hurt Middle East investors in London real estate
Wealthy Middle East investors are watching Britain's EU referendum with a mixture of fear and greed. In the days of…
Oil jumps 4 percent as Brexit fears ease, still down on week
Oil prices jumped about 4 percent on Friday, as a weaker dollar and less anxiety about Britain's possible exit from…
Faisal Islamic Bank: turnovers rise to 57.8 bln Egyptian pounds at May-end
Faisal Islamic Bank of Egypt registered a year-on-year rise of 3.7 percent in its volume of businesses reaching…
Warren Buffett is backing a new bidder for Yahoo
Berkshire Hathaway Inc Chairman Warren Buffett is backing a consortium vying for Yahoo Inc's internet assets that…