Thursday 25 December 2014
 
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Tesco chief to quit over finance blow

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. Tesco, Britai

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Yemeni govt offers to resign to end Houthi protests

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. Tens

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Key equity banker resigns from Saudi Fransi

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. Jallal, who

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Egypt govt quits; Sisi set to run for presidency

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

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BREAKING NEWS: Egyptian government resigning

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

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Kuwait ministers submit resignations to PM

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

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Tunisia's ruling Islamists to step down

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

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Egypt cabinet has not resigned, says minister

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. &nb

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Mursi's controversial Luxor governor to quit

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.

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ENBD chief executive resigns

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

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