Hellenic Bank and Marfin Popular Bank announced record profits for the first half of the year, exceeding stock market expectations by nearly 170%. Hellenic Bank Group recorded profits of EUR 70,3 mln
Turkey’s Islamist Foreign Minister, Abdullah Gul, was sworn in as the country’s eleventh president Tuesday evening during a ceremony at the National Assembly in Ankara following an easy victory in the parliamentary
Capital Intelligence (CI), the international emerging markets rating agency, has raised the foreign currency rating for Qatar Islamic Bank (QIB) to A- from BBB+ (long-term) and A2 (short-term), while the financial strength
Moody’s Investors Service believes that the prospects for the markets in Sukuk, or Islamic bonds, and Islamic financing in general are very encouraging in Asia, and this outlook goes beyond predominantly Muslim
Motorola subsidiaries Symbol Technologies, Inc. and Wireless Valley Communications, Inc., have filed a patent infringement lawsuit against Aruba Networks, Inc. The lawsuit, filed on August 27 in the U.S. District Court for
Germany’s CompuGroup Holding AG announced that the company, acting through its wholly-owned subsidiary CompuGroup UK Limited, will not increase its cash offer, announced on July 20 of 66 pence per share for
Mellon Financial Products Support (MFP), member of the Athens-based Mellon Group of Companies specializing in business process outsourcing services, announced its cooperation with Visa Europe to provide briefing and training services to
— Olive production destroyed, damages seen at EUR 1,5 bln  Bank of Cyprus is contributing EUR 5 mln in financial aid and supplies to the relief effort from the ravaging Greek
— SFS dazzles with exceptional performance  Market attention is fixed on the flow of first half earnings announcements by CSE-listed companies with the last three days of August expected to see
COMMENT  In August 24, 1991 the Ukrainian Parliament, Verkhovna Rada, declared Ukraine’s independence and the decision was supported in a national referendum by more than 90% of the country’s citizens. Because
