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Banks
Bankers: improving political and security status to stop lowering credit ratings
Some bankers assured the necessity of achieving a relative improvement in the political and security statuses in…
NBAD lead arranger of $455m club term loan facility for Commercial Bank of Qatar
The National Bank of Abu Dhabi PJSC (NBAD), successfully closed a $455m club loan facility for Commercial Bank of…
Standard and Poor’s downgrades Italy banks
The credit ratings agency Standard and Poor's has downgraded its assessment of almost all of Italy's major banks.…
Industrial Development Bank aims settling 25% of irregular debts this year
Industrial Development & Workers Bank of Egypt (IDWBE) offered his strategy to the Central Bank…
Tarek Amer: difficulties in local market increase banks investment opportunities
Tarek Amer, chairman of National Bank of Egypt, said that the increasing difficulties in the Egyptian market raises…
NBE delays medical project and contracts with Arab contractors
National Bank of Egypt (NBE) delayed the Health Ministry project of establishing an international medical project…
DP World seeks loan to repay part of debt
Dubai: DP World has started talks with banks for a loan to help pay half of a $3-billion (Dh11.01 billion)…
Greece bailout: Cabinet approves draft bill for fresh cuts
Greece's cabinet has approved fresh austerity measures demanded by the eurozone and IMF in return for a 130bn-euro…
S&P lowers long-term ratings on Egypt to ‘B’
Standard & Poor's Ratings Services today lowered its long-term foreign- and local-currency sovereign credit…
EIF refuses participating in the civil disobedience
Egyptian Insurance Federation, representing the insurance companies and their employees, announced its refusal of…
