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  • Citigroup office in London

    Dinesh Sharma appointed at Citigroup Inc

    Citigroup Inc has appointed Dinesh Sharma as its consumer banking head for the Middle East and North Africa, the U.S. bank said in a statement…

    November 25, 2012 3:55
  • http://www.dreamstime.com/-image6401601

    Bank Of Khartoum’s Gulf owners bet on Sudan growth

    Gulf Arab investors have become more upbeat since Sudan agreed in September to end hostilities with South Sudan, which became independent last year. Sudan will resume within the next few months handling oil exports from its neighbour.

    November 21, 2012 10:06
  • Turkish Bank dealings with Iran

    Halkbank not crossing any lines with Iran

    Turkish state-run lender Halkbank’s trade financing with Iran is in line with regulations, the Turkish banking watchdog head said on Monday….

    November 19, 2012 2:27
 
  • International Monetary Fund

    IMF team extending Egypt trip

    International Monetary Fund negotiators will extend their stay in Egypt to continue their loan talks with the government, the Egyptian central bank and an IMF…

    November 16, 2012 11:59
  • Sharjah’s Crescent Petroleum fill the gaps

    Sharjah’s Crescent Petroleum fill the gaps

    United Arab Emirates-based Crescent Petroleum is gearing up for expansion in the Iraqi oil and gas sector and a debut into Libya and Lebanon, its…

    November 13, 2012 8:33
  • Egypt getting ready for IMF deal this week

    Egypt getting ready for IMF deal this week

    The Egyptian government expects to sign a memorandum of understanding with the International Monetary Fund for a $4.8 billion loan before an IMF negotiating team leaves Cairo on Wednesday, Finance Minister Mumtaz al-Said said.

    November 12, 2012 6:33
 
  • Orascom Telecom says to upgrade Pakistan mobile network

    Orascom Telecom says to upgrade Pakistan mobile network

    It signed a five-year agreement with China's Huawei Technologies Co Ltd and France's Alcatel-Lucent to design, purchase, deploy and maintain the next-generation mobile network equipment and supporting services.

    November 11, 2012 2:07
  • Arab Spring economies recover slowly in 2013

    Arab Spring economies recover slowly in 2013

    The IMF forecast gross domestic product in the six countries combined would expand by 3.6 percent next year, accelerating from an estimated 2.0 percent this year and 1.2 percent in 2011.

    November 11, 2012 9:58
  • Former Iraqi central bank chief denies corruption

    Former Iraqi central bank chief denies corruption

    Local authorities have issued arrest warrants for Shibibi, who has left the country, and other bank officials, a decision that has heightened investor concerns Prime Minister Nuri al-Maliki's government is interfering with the bank's autonomy.

    November 11, 2012 8:42
 
  • Egyptian trains collide and kill three

    Egyptian trains collide and kill three

    Egyptians have long complained that successive governments have failed to enforce basic safety standards on the country's railways, leading to a string of deadly accidents.

    November 11, 2012 8:39
 
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