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S&P Hires Top Banking Lobbyist To Run Global Policy Operations
Standard & Poor’s, the McGraw-Hill Cos. unit facing a $5 billion lawsuit from the U.S. Justice Department,…
Nabil Awad Named Board Member Of Export Development Bank
The Export Development Bank of Egypt’s board of directors, headed by Mohamed Ismail Sherif, have approved the…
Banque Misr Disbursed Yellow Remittances Worth EGP 320 Mln
Banque Misr disbursed EGP 320 million worth of 92,332 yellow remittances. Sources said the bank disbursed 86%…
Export Development Bank’s Deposits Rose 1.25% In H1, FY 2012/2013
The Export Development Bank of Egypt’s deposit portfolio rose 1.25% (EGP 132.8 million) to reach EGP 10.756 billion…
Commerce Faculty To Launch Small Enterprise Finance Unit In Collaboration With United Bank
Faculty of Commerce – Ain Shams University establishes a new unit for supporting, developing and financing small…
Subscription To Ahli United Bank’s Alpha Fund Ends On Feb. 24th, 2013
Ahli United Bank announced that the subscription period of its Alpha Fund will end on February 24th, 2013 after it…
Al Futtaim Asks HSBC, CIB To Arrange EGP 2 Bln Loan
Al Futtaim Group has asked HSBC Bank Egypt and Commercial International Bank (CIB) to take faster steps to arrange…
AAIB Disbursed Yellow Remittances Worth EGP 437 Mln
The Arab African International Bank (AAIB) disbursed EGP 437 million worth of 114,000 yellow remittances as of…
NBD Signs 1st Shari’a Compliant Syndicated Financing Deal At US$ 110 Mln
As part of its leading role in the Egyptian Islamic Banking Sector, the National Bank for Development (NBD)…
Barclays To Axe 3,700 Jobs In Strategic Overhaul
Barclays is to axe at least 3,700 jobs and prune its investment bank under a restructuring plan launched by its new…