CBE Reduces Reserve Requirement to 12% On Increasing Deficit
Egypt's central bank decided Tuesday to reduce the proportion of reserve requirement on domestic deposits with…
PA approves to compensate the Uprising Victims
Egypt’s new parliament voted yesterday to award cash handouts to people left severely handicapped in clashes with…
NBD And Audi Offer EGP 120m Islamic Finance To Deraya University
National Bank for Development (NBD) declared a preliminary approval to participate in the EGP 120 million…
EGX Goes Bullish, Earns L.E 3.2 Bln; Closing Tuesday
On Tuesday's closing session, the EGX posted gains of L.E 3.2 billion as the capital market amounted to L.E 371.397…
Muslim Juror in Britain refuses to remove her Veil
A British judge barred a Muslim woman from serving on a jury in London on Monday after she refused to remove her…
Spain Banks’ Bad Loans Rise To 7.9%
Spanish banks' bad loans rose to 7.9 percent of their outstanding portfolios in January, up from 7.61 percent, and…
Sarie Eldin Nominated To Join Constitution Committee
The Securities sector of the General Federation of Egyptian Chambers of Commerce has nominated Dr. Hani Sarie…
A Raft of Car Bombings shake Iraq
A spate of car bombings rocked Iraq on Tuesday on the ninth anniversary of the U.S. invasion. The violence left at…
Banque Misr’s Global Investments in Dollar Bonds Register US$ 650m
Banque Misr’s global investments in dollar bonds registered US$ 650 million and total Bank’s investments in…
Emaar suggests 10% dividend for 2011
Emaar Properties, the developer of the world's tallest tower Burj Khalifa, has proposed a 10 % cash dividend for…
