Browsing Category
Money
HC Securities reaches 5 bln Egyptian pounds in AUMs at 2016-end
Egyptian investment bank, HC Securities and Investment reached 5 billion Egyptian pounds ($276 million) in assets…
ADIB Egypt looks to secure bridge loan for Saudi Binladin Group’s affiliate
Abu Dhabi Islamic Bank (ADIB) – Egypt is teaming up with four banks to arrange 900 million Egyptian pounds ($49.6…
Egypt’s Banque Misr cancels limits on use of credit cards abroad
Egypt’s second largest state-owned bank, Banque Misr has cancelled all the limits on Egyptians’ use of credit cards…
Commerzbank Q1 net profit beats expectations on one-off effect
Commerzbank reported Tuesday a 28 percent rise in first-quarter net earnings, benefiting from a positive one-off…
Barclays CEO Staley will face his shareholders Wednesday over whistleblower scandal
Barclays chief executive Jes Staley will come under the spotlight at the company's annual general meeting this…
Munich Re affirms profit outlook after Q1 profit surge
German reinsurance giant Munich Re announced Tuesday that net profit surged to 557 million euros ($608 million) in…
IMF cites Asia’s top problems: aging population and productivity
Asia-Pacific's long-term growth outlook remains the strongest in the world, but the medium-term picture is weighed…
Who is Egypt’s top 11 corporate taxpayers?
Egyptian Ministry of Finance revealed Sunday 11 companies paying the most tax in the country during the tax season…
SMEs seize 18% of Misr Iran Bank’s credit portfolio
Small and medium-sized enterprises are representing 18 percent of Egypt-based Misr Iran Development Bank’s total…
Egypt’s central bank to launch microfinance initiative before May-end: official
Egypt’s central bank is preparing the ground to launch a new initiative dedicated for the microfinance sector…