Fatma Lotfy: Ijara and Sukuks Boosts Islamic Banking
Fatma Lotfy, vice chairman and managing director of Bank Audi, said that Islamic banking is still facing many…
Non-Banking Instruments Regulations Enhance Competition: Sharkawi
Dr. Ashraf El Sharkawy, chairman of the Egyptian Financial Supervisory Authority (EFSA), has stressed the…
Walt Disney loses $200m
Walt Disney has said it expects to lose $200m (£126m) on its movie John Carter, making it one of the biggest flops…
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…
