Sunday, 05 September 2010




Aug. 18--JEDDAH/DUBAI -- National Bank of Kuwait surged 4.8 percent on Tuesday as investors bought shares to participate in the lender's 10 percent capital increase. And Egypt's EFG-Hermes rose after the lender said it would to buy a majority stake in privately-owned Lebanese rival, Credit Libanais, helping the Cairo index end a four-session losing streak. EFG added 2 percent as Egypt's benchmark climbed 1.5 percent. Other Middle East indexes moved less than 1 percent in lackluster trade. NBK...
Full Story: Insurance Newsnet



 

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