Misr Life Insurance Achieves Premiums Of EGP 1.6 Bln In FY 2011/12
Misr Life Insurance Company achieved premiums of EGP 1.6 billion in FY 2011/2012, compared to EGP 1.4 billion in FY…
Al Baraka Contributes EGP 100 Mln To Islamic Segment Of MAF Loan
The National Bank of Egypt (NBE) and Banque Misr approved to assign an Islamic segment of the EGP 3 billion loan,…
PSAD Soars 4.98%, Marseille Tops NILEX Value Traded
On Tuesday, the Egyptian Exchange of Small and Medium Enterprises (SMEs) – NILEX has witnessed unsteady performance…
Islamic Banking Assets To Cross $1.8 Trillion
Global Islamic banking assets held by commercial banks are set to cross $1.8 trillion in 2013, up from the $1.3…
Bank Sohar Inks Pact With Mawarid
Bank Sohar arranged a deal of $50 million with Mawarid Mining LLC further adding value to Oman's economy and…
China Bank Lending Rises In November
Chinese banks boosted lending in November from October, official figures showed Tuesday, as Beijing seeks to…
Fitch Revises Credit Agricole Egypt Outlook To Stable From Negative
Fitch Ratings has affirmed Credit Agricole Egypt's (CAE) (CIEB) National Long-term Rating at 'AA+(egy)' and revised…
Broadband Data Key Driver For Maturing Saudi Telecom Sector
The outlook for the Saudi telecom sector remains bullish despite the saturating mobile penetration levels, with…
AMIG Renews Reinsurance Contracts Without Extra Conditions
Arab Misr Insurance Group (AMIG) succeeded in renewing reinsurance agreements for next year, said Ali Bashendy,…
OBIC Buys Majority Share In Renna Mobile
Oman Brunei Investment Company (OBIC) acquires a majority share of Renna Mobile, an Omani-based mobile virtual…