Browsing Category
Financial Institutions
Goldman Sachs to invest $184 million in Brazil storage company
Goldman Sachs Group Inc (GS.N) will invest 600 million reais ($184 million) in Brazilian storage company Metrofit…
GIG to insure credit cards owned by National Bank of Egypt customers
Egypt’s Arab Misr Insurance Group – GIG has won the credit card insurance policy bid launched by the National Bank…
S&P downgrades Turkey ratings
Standard & Poor's Global Ratings has downgraded Wednesday ratings on the Republic of Turkey, and said the…
GIZ’s Egypt cooperation, technical support portfolio hits €1.3 billion
The total amount of ongoing German Agency for International Cooperation (GIZ) cooperation and technical support for…
Pimco names Man Group’s Manny Roman as CEO
Pacific Investment Management Co., one of the world's largest bond funds, has picked up Man Group PLC Chief…
Egypt’s development aid portfolio grew to $33.07 billion
Egypt’s total development assistance portfolio from development partners has surged to $33.07 billion, from $2…
Moody’s places Turkey’s debt ratings on review for downgrade
Moody's Investors Service placed Turkey's Baa3 issuer and bond ratings on review for downgrade, citing the need…
Bank of America sets new cost target under pressure from low rates
Bank of America Corp (BAC.N) reported a 19 percent drop in second-quarter profit on Monday and set a new expense…
Housing & Development Bank, SFD-Egypt prep for new microfinance contract
Egypt’s Social Fund for Development (SFD) is to sign in the coming few days a new financing contract with the…
Delta Life Assurance wins Egypt regulator final approval for new products
Egypt’s Delta Life Insurance has received final approval from the market regulator Egyptian Financial Supervisory…