Banks Egypt’s One Islamic Banking Woman CEO Chases Growth: Arab Credit Yomna Yasser Jul 17, 2014 0 Abu Dhabi Islamic Bank PJSC (ADIB)’s Egyptian unit sees demand for Shariah-compliant finance picking up, expecting…
USA Wall Street Opens Lower, Citigroup Falls Yomna Yasser Jan 16, 2014 0 Stocks opened slightly lower on Thursday, with the S&P 500 retreating from a record high as investors digested…
USA U.S. Stocks Cap Weekly Decline on Bets Fed Will Taper Yomna Yasser Dec 7, 2013 0 U.S. stocks ended their longest streak of weekly gains in a decade as data on economic growth and manufacturing…
Banks Citigroup to BofA Spurn Treasuries to Hoard Cash on Taper Risk Yomna Yasser Dec 2, 2013 0 Never before have America’s banks been so wary of risking their cash deposits on U.S. government debt. After…
Industry & Trade Apache’s Egypt Quandary Symbolizes Tough Business Call Yomna Yasser Aug 24, 2013 0 Apache Corp (APA.N) faces a difficult choice in Egypt: whether to sell its substantial oil and natural gas…
Banks SocGen Profit More Than Doubles on Investment Bank Yomna Yasser Aug 1, 2013 0 Societe Generale SA, France’s second-largest bank, said second-quarter profit more than doubled, beating…
Banks Barclays to Raise 5.8 Billion Pounds in Rights Offering Yomna Yasser Jul 30, 2013 0 Barclays Plc (BARC), the U.K.’s second-largest bank by assets, said it will raise 5.8 billion pounds ($8.9 billion)…
Banks Morgan Stanley Tops Analysts’ Estimates on Trading Revenue Yomna Yasser Jul 18, 2013 0 Morgan Stanley (MS), owner of the world’s largest brokerage, reported a 66 percent earnings increase that beat…
Banks Citigroup To Cut 11,000 Jobs, Take $1 Bln Charge Administrator Dec 6, 2012 0 Vikram Pandit hired thousands of employees and invested billions of dollars as he sought to boost Citigroup Inc.…
International News China’s CNOOC Scoped Nexen, Partnered, Then Pounced Amwal Al Ghad English Jul 25, 2012 0 When Canada's Nexen Inc fired its CEO in January, an oil giant on the other side of the world sprang into action.…