Arrangers Of Al Nouran Sugar Loan To Sign Memorandum Of Conditions Next Week
A consortium led by National Bank for Development (NBD), Bank Audi and Banque Misr finalized the memorandum of…
Amer Group ESM Ratifies Capital Reduction
Amer Group’s Extraordinary Shareholder Meeting (ESM) has ratified Thursday morning the reduction of the company’s…
Egypt’s Court: Policemen Not Allowed To Grow Beards
An Egyptian court on Wednesday upheld an earlier ruling on police officers and army officers not being allowed to…
Univert Leads NILEX’s Upwards, Utopia Tops Traded Value; Thursday
On Thursday, the stock market of Small and Medium Enterprises (SMEs) – NILEX has witnessed an unsteady performance…
Fukushima….. A Man-made Disaster
The crisis at the Fukushima nuclear plant was “a profoundly man-made disaster,” a Japanese parliamentary panel said…
NBE: Islamic Deposits Reach EGP 1 Bln
The National Bank of Egypt (NBE) said the volume of Islamic deposits reached EGP one billion and loan-to-deposit…
Israeli PM Involved in Nuclear Smuggling
Israeli Prime Minister Benjamin Netanyahu was involved in smuggling nuclear triggers out of the United States…
Omani Bank Muscat To Raise US$ 251.5 Mln From Rights Issue
Bank Muscat, the flagship financial institution in Oman, is all set to raise RO 96.7 million (US$ 251.50 million)…
Fresh Hunger Crisis Hits Somalia
Poor rains and continuing conflict in Somalia are threatening the recovery from last year's famine, the charity…
Barclays’ Diamond Blames Regulators
Robert Diamond, who quit this week as chief executive officer of Barclays Plc (BARC), sought to blame other banks…