UAE’s SIB Approves 6% Cash Dividends
Sharjah Islamic Bank (SIB), UAE lender, announced that its General Assembly has approved the Board of Directors'…
Housing Committee supports mortgage updates
Parliamentary committee of housing has supported the suggested updates of the mortgage law, that were presented by…
El Atrebi : Two-Year Plan To End Nonperforming Files & Provisions Gap
Director of the Egyptian Arab Land Bank, Mohamed El Atrebi, revealed the three main axes of the Bank’s strategy for…
HSBC Issues Almarai First Sukuk for SR1bn
HSBC announced that it has helped arrange the first ever Sukuk program in Saudi Arabia. The program was set up for…
EGX Indexes go Dark Red On Pope Shenouda’s Death
On Sunday’s closing session, the EGX has managed to slightly shrink its midday losses reaching L.E 5.12 billion as…
EGAEF Negotiates With China Over $ 250m loan
Egyptian General Authority for Exhibitions and Fairs is going to continue negotiations in April with China, over…
MOF To Facilitate Foreign Investments
Momtaz El Saeed - Minister of Finance- assured that the government is very keen on providing all of the…
Visa offers Egyptian cardholders an additional 10% on world’s leading brands
Visa, global payments technology company, recently announced its partnership with Chic Outlet Shopping, Europe’s…
Blom Bank Eyes A 13% Increase In Loans Portfolio
Blom Bank Egypt’s estimated budget shows that it plans to raise deposit and loans portfolio for this year, sources…
EGX remain Bearish amid Selling Pressure: Midday
The Egyptian Stock Exchange (EGX) continued posting losses reaching L.E 5.2 billion on Sunday’s midday trading. The…
