Browsing Category
Financial Institutions
Visa in Talks to buy Visa Europe for up to $20 billion: Bloomberg
Visa Inc (V.N) is in preliminary talks to buy former subsidiary Visa Europe Ltd, in a deal that could be valued at…
IMF calls on China to allow Greater Currency Flexibility
The International Monetary Fund (IMF) has said China should continue to provide "greater flexibility" in its…
IMF’s Technical Assistance Team to visit Cairo early June
The International Monetary Fund had “good discussions” with Egyptian officials in Washington last month and will…
Greece says has honoured 200 million euro interest repayment to IMF
Greece made a 200 million euro ($225 million) interest payment to the International Monetary Fund Wednesday, the…
JPMorgan in Advanced Talks to settle Forex Investigation
JPMorgan Chase & Co (JPM.N) said on Tuesday it is in "advanced stages" of settlement talks with the U.S.…
S&P downgrades McDonald’s rating to A-
Standard & Poor's downgraded on Monday McDonald's Corp. corporate credit rating to A-minus from A, and said…
SFD Egypt in Talks with World Bank over New Loan
Egypt’s Social Fund for Development (SFD) is holding talks with the World Bank Group, aiming to obtain a new…
Afro-Asian Insurers Federation names Adel Mounir as New Secretary General
Adel Mounir, Vice Chairman of Operations and Insurance at Egypt's Misr Insurance Holding and a former regulator,…
Suez Canal Insurance wins Petrojet’s $262.2 million Policy
Egypt’s leading composite insurer, Suez Canal Insurance, has been selected to insure the oil company, Petrojet’s…
Swiss Re net gains 17%, despite mixed performance
Swiss Re AG reported a 17% rise in first-quarter net profit Thursday, despite a mixed performance from its various…