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Muslim Brotherhood seeks more details on IMF loan
Egypt's Muslim Brotherhood, the country's largest political force, on Tuesday held off from backing a request for a…
Amer keeps 132 drivers
Tarek Amer, chairman of National Bank of Egypt, retreated today from his decision to sack 132 drivers out of 150,…
Exclusive: Insurance Companies Results for 2010-2011
The volume of written premiums received by insurance companies in Egypt rose to EGP 10.135 billion in FY 2010/2011,…
NBAD Sponsors UAE Global Investment Forum
The National Bank of Abu Dhabi (NBAD), the Number One Bank in the UAE, is lead sponsor of the UAE Global Investment…
Nigeria, EU Sign $46m Deal To Fight Corruption
Nigeria and the European Union have signed a $46m deal to finance the fight against corruption in Africa's most…
Fatma Lotfy: Ijara and Sukuks Boosts Islamic Banking
Fatma Lotfy, vice chairman and managing director of Bank Audi, said that Islamic banking is still facing many…
CBE Reduces Reserve Requirement to 12% On Increasing Deficit
Egypt's central bank decided Tuesday to reduce the proportion of reserve requirement on domestic deposits with…
NBD And Audi Offer EGP 120m Islamic Finance To Deraya University
National Bank for Development (NBD) declared a preliminary approval to participate in the EGP 120 million…
Spain Banks’ Bad Loans Rise To 7.9%
Spanish banks' bad loans rose to 7.9 percent of their outstanding portfolios in January, up from 7.61 percent, and…
Banque Misr’s Global Investments in Dollar Bonds Register US$ 650m
Banque Misr’s global investments in dollar bonds registered US$ 650 million and total Bank’s investments in…
