NBD finds niche in Sharia-compliant car financing
CAIRO: The National Bank for Development (NBD), which specializes in Sharia-compliant products…
Egypt’s stocks, pound plunge after mass protests
CAIRO: Mass protest on Egypt’s streets have walloped the country’s stock market,…
Ivory Coast leader orders seizure of regional bank
ABIDJAN: Incumbent leader Laurent Gbagbo's government has ordered the seizure of the…
US sees Egypt’s gov’t as stable despite protests
WASHINGTON: The United States expressed confidence in Egypt's government on Tuesday and…
Current oil price would eliminate Iraq deficit
BAGHDAD: Iraq's budget deficit for 2011, now expected to reach $13.6 billion,…
Saudi Arabia boosts term crude sales to China as oil use surges
BEIJING/SINGAPORE: Saudi Arabia will boost contract crude sales by 10 percent to…
Egypt’s main index drops 6 pct, pound reaches 6-year low
CAIRO: Egypt’s benchmark EGX 30 index dropped more than 6 percent Wednesday,…
More PPP models in Mideast healthcare sector, says report
CAIRO: Public-private partnerships are increasingly emerging as a model for financing and…
Compass Capital acquires pharmaceutical company for $40 mln
CAIRO: Investment firm Compass Capital has acquired 10th of Ramadan for Pharmaceutical…
Egypt expects to up energy subsidies, maintain food subsidies
CAIRO: Atef Malash, head of the finance ministry's state budget sector, announced…