UAE economy to grow by 2.5 pct in 2010, says minister
SHARJAH, United Arab Emirates: The United Arab Emirates on Monday cut its…
AUB offers to buy rest of Egyptian unit
Bahrain's Ahli United Bank said on Monday it will offer LE 37…
Egypt bourse suspends Orascom Tel trade pending news
The Egyptian stock exchange has suspended trade on Orascom Telecom pending the…
Syria gives EFG-Hermes investment banking licenses
CAIRO: Syria has given investment banking licenses to a Syrian unit that…
Kuwait's Gulf Bank posts $1.8 mln Q1 loss
KUWAIT: Kuwait's Gulf Bank fell to a net loss of 524,000 dinars…
UAE banks likely to take Dubai World hit in Q2
DUBAI: United Arab Emirates banks are likely to face the brunt of…
Oil drops to $81 as risk aversion grows, flights cut
LONDON: Oil fell to around $81 a barrel on Monday and touched…
Egypt index falls as Mobinil dips third day
CAIRO: Egypt's benchmark index ended 0.4 percent lower on Monday, pulled down…
Egypt inches down ahead of long weekend
CAIRO: Egypt's main index inches down as investors switch to cash and…
Egypt's Palm Hills to up its stake in Maccor, says paper
Egyptian real estate developer Palm Hills Developments will raise its stake in…