A total of 1.3m cars registered in the smartcards project: Minister of Finance
Four hundred fuel stations are functioning with the electronic system for petrol distribution
Kuwait-Airbus deal on track despite probe
Reuters - A parliamentary investigation into a Kuwait Airways plan to buy and lease aircraft from Airbus will not affect the deal, the state carrier’s chairwoman told a local newspaper…
Monte Paschi foundation in talks with Qatar on stake sale: report
The Qatar sovereign fund is in talks with the main shareholder of Banca Monte dei Paschi di Siena (BMPS.MI) to buy a 15-20% stake in the troubled Italian lender ahead…
Nigeria faces questions over ‘missing’ oil money
Nigeria produces about two million barrels of oil per day, and crude exports account for about 80 percent of government revenue.
Kuwait budget surplus drops as spending rises 18%
Kuwait’s fiscal year runs from 1 April to 31 March.
Deutsche Bank found in “non-compliance” with Dubai regulator
The material non-compliance was declared by the court which covers the Dubai International Financial Centre (DIFC), home to many large global banks and asset management who were attracted by the…
Banknotes issuance increased by EGP 56.7bn in 2012/2013 FY
Government expenditure policies exacerbated budget deficit and increased demand for cash needed in circulation, CBE says
EIB contributes €250m to electricity sector
Vice President of EIB also expressed, during his meeting with Ashraf El-Arabi, interest in helping to fund government’s projects.
European Commission launches Horizon 2020
The commission organised a regional conference to launch the largest collaborative research programme in the world
Suspects in Beni Suef attack on police caught
Ministry of Interior reveals names of 12 suspects involved in the deadly attack