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Money
CIS Chairman: Elections Are Not Forged
Abdel Monem Bakheet, chairman of Cooperative Insurance Society-Egypt, criticized some employees at CIS who claimed…
Global Investment Banks Must Choose To Invest Or Quit Key Areas: Report
Investment banks need to make bold decisions to choose to invest in areas where they have a comparative advantage…
Barclays Eyes Super Rich In Middle East
Barclays is targeting millionaires in emerging markets and squeezing more revenue from super-rich clients with at…
NSGB Raises Capital To EGP 4.4 Bln
Ordinary General Assembly of National Société Générale Bank approved the suggestion of the Board of directors…
Al Hashel To Head Kuwait’s Central Bank
Kuwait's Deputy Prime Minister and Minister of Finance Mustapha Al-Shimali said on Sunday that the cabinet has…
EFSA Initially Approves New Company By “Gras Savoye”
Gras Savoye Company, insurance broker, got an initial approval from Egyptian Financial Supervisory Authority, as…
Deficit Posts $ 8 bln During The last 6 Months: CBE
Balance of Payments posted a total deficit of US$ 8 billion in from the period from July to December in FY…
Debts And Provisions… Main Challenges To Apply Basel II in Egypt
A number of experts in the banking sector affirmed that specialized banks will face several challenges to apply the…
Employees Says CIS Elections Are Forged
Some employees at Cooperative Insurance Society-Egypt submitted a complaint to Ghada Wali, general secretary of…
Egyptian Refining Negotiates With 7 Banks Over US$ 300 mln
Egyptian Refining Company (ERC), a subsidiary of Citadel Capital, is negotiating with Egyptian banks over opening…