French Finance Minister Christine Lagarde won the support of Egypt, Bahrain and the United Arab Emirates for her bid to become the next managing director of the International Monetary Fund.
BusinessWeek.com — Finance
Egypt shares rose the most in a week on speculation the recent drop was overdone as the exchange said a government plan to impose capital gains tax applies only to dividend distributions and not to profit from stocks trading.
BusinessWeek.com — Finance
Egypt’s shares rose to the highest in almost two months after the Group of Eight leaders pledged to provide at least $ 40 billion in aid to North African countries.
BusinessWeek.com — Finance
Egypt’s shares gained the most in almost two months after the U.S. and Saudi Arabia pledged $ 6 billion for the North African country as it recovers from a popular uprising that ousted its president.
BusinessWeek.com — Finance
Egypt’s shares rose to the highest level in more than a month as the U.S. and Saudi Arabia pledged $ 6 billion for the North African country recovering from the aftermath of a popular uprising that ousted its president.
BusinessWeek.com — Finance
Dubai’s shares dropped to the lowest level in almost a month as Middle East markets retreated after oil had its biggest weekly slump since 2008 following the death of al-Qaeda leader Osama bin Laden.
BusinessWeek.com — Finance
Societe Generale SA, France’s second- largest bank by market value, said first-quarter profit fell 14 percent, hurt by a charge tied to its own debt and provisions resulting from political turmoil in Egypt.
BusinessWeek.com — Finance
Egypt stocks climbed to the highest level in almost a week, led by Six of October Development & Investment Co., on investor speculation declines in real-estate shares last month were overdone given growth prospects.
BusinessWeek.com — Finance