CBE: monthly inflation rate increases as a result of food materials prices increases
Central Bank of Egypt (CBE) said that the monthly increase in inflation rate in January 2012, estimated to be…
Delta Insurance co. insures Alex Bank’s personal loans customers by EGP 4 bn
Delta Insurance co. signed an insurance contract to insure 130 thousand customers of Alex Bank’s personal loans.
Emirates NBD sees 62% plunge in Q4 profits
Emirates NBD, Dubai's largest bank, posted a 62-percent decline in fourth-quarter net profit, it said in a…
EU to ban Iran banks from using Swift
The EU intends to ban Iranian banks from conducting global financial transactions, senior US and EU diplomats have…
Project of printing industries city in front of Ganzoury in a week
Printing Industries Chamber of the Egyptian Industries Federation is studying a new project of establishing a city…
Legal lifeline for bankrupt firms
Dubai: Bankruptcy proceedings have an inevitable air of finality about them. They dissect the circumstances that…
Ukraine Sees No Default without IMF Funds
Ukraine is continuing talks on a new tranche of the IMF’s $15.15 billion loan but sees no risk of default without…
S. Korea’s Eximbank forms consultative body with Chinese banks
South Korea's state-run Export- Import Bank of Korea (Eximbank) said Wednesday that it has signed an agreement to…
BNP Paribas Fourth-Quarter Profit Beats Estimates
BNP Paribas SA (BNP), France’s largest bank, reported fourth-quarter profit that beat analysts’ estimates and…
EPPK achieves L.E6m Profits in 2011
El Ahram Co. for Printing and Packing (EPPK) has achieved net profits of L.E5.999 million during the fiscal year…