Saudi Arabia set to announce 2016 budget amid oil plunge
Saudi Arabia, seeking to cope with the lowest oil prices in more than a decade, may announce cuts in capital…
Browsing Tag
capital
GIG Insurance boosts capital to $22mn, plans more branches
Egypt's Arab Misr Insurance Group (GIG) has injected 15 million Egyptian pounds into its capital to reach 175…
Strong 7.2 quake hits Tajikistan, felt in New Delhi
An earthquake measuring 7.2 magnitude struck Tajikistan on Monday, shaking buildings as far away as the Indian…
Banks to hold up to £10bn more capital; Bank of England plans
The Bank of England set out plans on Tuesday to require banks to hold as much as 10 billion pounds extra capital as…
Kuwait’s Ahli Bank plans capital top-up for Egyptian unit in 2016: CEO
Kuwait's Al Ahli Bank (ABK) plans to boost the capital of its Egyptian unit to around one billion Egyptian pounds…
VW cuts 2016 capital spending plan as cheating scandal widens
Volkswagen AG (VOWG_p.DE) cut 1 billion euros ($1.1 billion) from its 2016 investment plan on Friday, as its…
Egypt’s insurance holding eyes alluring foreign partners to form takaful arm
Misr Insurance Holding Company is in talks with strategic partners from UAE and Southeast Asia to participate in…
India may involve in Egypt’s new capital project
Minister of Housing, Moustafa Madbouli, met Tuesday with representatives of one of the Indian construction…
Suicide bomber targets foreign forces in Afghan capital, casualties unknown
A suicide car bomber targeted a convoy of foreign troops in the Afghan capital during rush hour-traffic on Sunday,…
At least 95 killed in twin bombings near train station in Turkey’s capital
Two powerful bombs exploded at a peace rally near the main train station in Ankara on Saturday morning, killing at…
