The chairman of Britain's biggest grocery chain, Tesco, resigned after the company reported a bigger than expected hole in its finances and said accounting transgressions went back further than initially thought.
Yemen's government offered on Saturday to resign within a month and to review an unpopular decision to cut fuel subsidies in an attempt to end protests by the Shi'ite Houthi movement, a government source told Reuters.
Amr Al-Jallal, described as a key member of Banque Saudi Fransi's equity capital markets operation, has left the bank to join Saudi Arabian investment firm Jadwa, the head of Fransi's investment bank confirmed.
Egypt's government has resigned, the prime minister said on Monday, a step likely to pave the way for army chief Field Marshal Abdel Fattah al-Sisi to declare his candidacy for president.
"(The government) made every effo
Egyptian Prime Minister Hazem el-Beblawi said on Monday the government is to resign.
"Today the cabinet took a decision to offer its resignation to the president of the republic," Beblawi said in a televised statement. H
Kuwait's cabinet ministers submitted their resignations on Monday to the prime minister, a move that could pave the way for a cabinet reshuffle.
The resignation, which came a day before a possible no-confidence vote against Pl
Tunisia's Islamist-led government on Saturday agreed to resign after negotiations that could start next week with secular opponents to form a caretaker administration and prepare for new elections.
The talks aim to end weeks o
Egypt's justice minister denied an al-Arabiya television report that the government had resigned on Tuesday after the armed forces gave President Mohamed Mursi 48 hours to agree to share power in response to mass protests.
The governor of Egypt's Luxor province, controversially appointed despite belonging to a hardline Islamist group that massacred 58 tourists in Luxor in 1997, will step down on Sunday "for the sake of Egypt", the group said.
Rick Pudner, chief executive of Emirates NBD, Dubai's largest bank, is resigning, the bank said on Sunday without giving a reason.
Pudner is expected to stay in the job until the end of this year; "then he will hand over