Royal Insurance Eyes Capital Increase to EGP80 mln at FY15-end
The Egyptian joint stock company Royal Insurance is planning to increase its paid-up capital by EGP 20 million to…
AAIB Inks 2 Financing Contracts worth EGP1.2 bln for Contact Group
The Arab African International Bank (AAIB) has signed today a Memorandum of Information with Contact Securitization…
Bank Muscat Committed To World Class Banking Experience
Bank Muscat, the No. 1 bank in the Sultanate of Oman and ranked among the top 500 banks worldwide, enjoys an…
Al Hilal Bank Receives Payment Card Industry Data Security Standard (PCI-DSS)…
Al Hilal Bank , a progressive Islamic bank, has announced that it has been certified under the international…
Etisalat Stalls $800 Mln Pakistan Payment As Dispute Lags
Etisalat has told Pakistan it will not the pay the $800 million it owes the government from buying a stake in the…
NBE Names Tarek Amer Managing Director of Its Affiliate in UK
The Board of Directors of the National Bank of Egypt (NBE) has decided to appoint Tarek Amer as a…
OCI to Build a New Greenfield World Scale Methanol Plant in Texas
OCI N.V. announced on Thursday that Natgasoline LLC, a wholly owned subsidiary, plans to build a new greenfield…
Iran To Reap $7 Billion In Sanctions Relief Under Accord
Iran will get as much as $7 billion in relief from economic sanctions over six months under the first-step…
Egypt Shares Open Week Mixed As Morsi’s Supporters Set to Rally
Egyptian stocks opened this week in mixed notes posting gains of EGP 780 million backed by local net buyers on…
Infrastructure Of Canals In North Sinai To Be Finished Soon; Irrigation Minister
Minister of Water Resources and Irrigation, Dr. Mohamed Abdel-Mottaleb announced that the Ministry is about to…