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Money
Japan & China to Hold Talks On IMF Contributions
Japan and China will seek to coordinate on supporting the International Monetary Fund’s effort to contain Europe’s…
Misr Iran’s Non-Performing Loans Register 7% At The End Of Q1
Misr Iran Bank’s non-performing loans portfolio registered EGP 300 million during the first quarter of the current…
Intesa Sues Credit Agricole’s Calyon & Magnetar Over ‘Pyxis’ CDO
Credit Agricole SA (ACA), France’s third- biggest lender, and hedge fund Magnetar Capital LLC were sued by an…
Jordan’s Investbank Launches Visa Platinum Cards
Jordan Investbank announces the launch of its Visa Platinum Card, in an effort to provide an extensive array of…
IDBE Provides EGP 190 Mln For SMEs
Industrial Development & Workers Bank of Egypt has signed finance agreements with Social Fund for Development…
Banque Misr Honors Its Winners Of Banking Institute Competition
Mohamed Barakat, chairman of Banque Misr, honored seven of the Bank’s employees who won the highest ranks in the…
4 Chinese Banks Lend 300 Bln Yuan In March
China's big four state banks extended almost 300 billion yuan ($47.50 billion) in new local-currency loans last…
Arab Banking Corporation’s Ratings Affirmed At ‘BBB+’; Outlook Stable
Capital Intelligence (CI), the international credit rating agency, announced that it has affirmed Arab Banking…
Wethaq Insures Electric Cables Project In Sheikh Zayed
Wethaq Takaful Insurance Company Singed the insurance policy with value of EGP 58 million covering electric cables…
Ministry of Finance Offers EGP 5.5 Bln T-Bills
Ministry of Finance plans to sell 5.5 billion Egyptian pounds ($911 million) of bills today as an impasse between…