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Money
CIS Elects Senior Board Members Today
Cooperative Insurance Society of Egypt (CIS) is going to hold a general assembly on Tuesday for electing two senior…
8 US Banks Are Fined For Foreclosure Violations
The Federal Reserve said Monday that it plans to fine eight additional U.S. bank holding companies for improperly…
UK Launches New Small Firm Loan Scheme
Chancellor George Osborne launches his much-vaunted 20 billion pound credit easing scheme to help small companies…
Bahrain’s Arcapita Files For Bankruptcy Protection in US
Arcapita Bank, a Bahraini investment firm heavily invested in the United States and Europe, said Monday it has…
Bankers Criticize Amer’s Resignation Announcements
Bankers criticized Tarek Amer, National bank of Egypt Chairman and head of Egyptian Banks Federation, after his…
RAK Properties appoints Colliers to enhance retail developments
RAK Properties (RAKPROP.AD) has appointed real estate consultancy Colliers International to help provide a boost to…
Citigroup Sells Shanghai Bank Stake for $349m
Citigroup Inc. says it has sold its 2.71 percent stake in Shanghai Pudong Development Bank for an after-tax gain of…
Mashreq Qatar Upgrades Online Banking Platform
Mashreq Qatar announced the launch of its upgraded award winning 'Mashreq Online' platform. This utility broadens…
SAIB Studies EGP 50m In Abu Hashima’s Loan
Societe Arab Internationale du Banque (SAIB) is currently studying the possibility of participating with EGP 50…
Chartis Egypt insures Savoy Sharm El-Sheikh
Chartis Egypt Insurance Co. has signed an agreement to insure 80 security officers of Savoy Hotel in Sharm…