JP Morgan’s Subprime Horror
There are two jaw-dropping elements to the case brought Monday night against JP Morgan by the attorney general of…
European Bank Expects To Start Egypt Investment In November
European Bank for Reconstruction and Development says the summer's political uncertainty caused a slight delay in…
Hong Kong Boat Crash Off Lamma Island Kills 36
A collision between two passenger boats off Hong Kong has left at least 36 people dead, officials say. One of the…
First Gulf Bank Launches World Elite MasterCard
In a first move of its kind for the Middle East, Africa & Asia Pacific, leading financial partner of choice…
World Bank: 600 Mln New Jobs Needed Over 15 Years
The global economy will need to have created 600 million new jobs between 2005 and 2020 to absorb young people…
UAE, Morocco Banks Bid For BNP Egypt Unit – Sources
Dubai's Emirates National Bank of Dubai (NBD) and Morocco's Attijariwafabank have bid for BNP Paribas' Egyptian…
Sakhr To Participate Tamkeen Competition for the Disabled
Sakhr software will participate in the competition known as "Tamkeen" (empowerment) which will be held on the 9th…
AMIG Paid US$ 8 Mln Compensation For AMC
The Arab Misr Insurance Group (AMIG) has disbursed a compensation of US$ 8 million to the Aircraft Maintenance…
Egypt Talks On $4.8 Bln Deal With IMF Delayed
Egypt's negotiations for a $4.8 billion loan from the IMF have been delayed to give the government more time to…
Egypt’s Citadel Capital Eyes Uganda’s Oil Refinery Project
Egypt’s investment bank Citadel Capital (CCAP.CA) intends to inject $2.5 billion in a projected oil refinery in…