Egypt Political Crisis Sends Cost of Debt Insurance Soaring – FT
Egyptian financial markets have been rattled by a deepening political crisis in the pivotal Arab state, sending the…
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Cyprus
Money in Swiss Banks: India Slips to 70th Position; UK on Top
India has slipped to 70th position in terms of foreign money lying with Swiss banks and accounts for a meagre 0.10…
Europe Unable to Break Impasse on Who Pays When Banks Fail
Europe failed to agree on how to share the cost of bank collapses on Saturday, as Germany resisted attempts by…
Iran Recalls Its Ambassador In Cyprus
Iran has withdrawn its ambassador in Cyprus to protest the country's decision to extradite an Iranian to the United…
Egypt Cut To Record Low At S&P On Increased Financing Pressure
Egypt’s long-term credit rating was cut to seven levels below investment grade at Standard & Poor’s, the…
Egyptian Banks Won’t Go Through Cyprus Banking Experience; CBE Governor Affirms
The Egyptian banking sector is one of the strongest sectors in the country as it successfully overcame the latest…
Egypt’s Morsi Plans Russia Trip, Wheat And Oil In Focus
Egyptian President Mohamed Morsi will visit Russia next week, a state-run newspaper reported on Friday, in a visit…
Bedouin Kidnap And Quickly Release Egypt Exxon Boss
Bedouin gunmen in Egypt's Sinai Peninsula seized and briefly held the country boss of U.S. oil major ExxonMobil and…
Zazou: Cutting Travel Tax From Britain Is Necessary
Egyptian Minister of Tourism, Hesham Zazou, has underscored the necessity of reducing the Air Passenger Duty (APD)…
Oil Futures Up On Macro Data
Crude-oil futures gained Tuesday, following better-than-expected home price data and as investors continued to…
