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Money
ADIB’s Islamic Telecom Card Launched
Abu Dhabi Islamic Bank, or ADIB, has launched the UAE's first Islamic telecom card in partnership with etisalat,…
Alizz Islamic IPO Gaining Momentum
The ongoing initial public offering (IPO) of alizz islamic bank SAOG (under formation) will close on Oct. 21, 2012.…
UAE Central Bank Seeks Solution For Loan Defaulted By Nationals
The Central Bank of the UAE has asked the banks and financial institutions to find a solution to the issue of…
Francesca McDonagh: HSBC Won’t Exit Egyptian Market
Francesca McDonagh, HSBC’s Regional Head of Retail Banking and Wealth Management for the Middle East and North…
Delta Insurance Issued Car Insurance Policies Worth EGP 1.5 Mln
Delta Insurance Company issued insurance policies worth EGP 1.5 million in the last period, said Ibrahim Labib,…
Chartis Egypt Insurance Eyes EGP 280 Mln Premiums In 2013
Chartis Egypt Insurance Company targets to achieve premiums of EGP 280 million in 2013, said Mohamed Zahran, head…
NSGB Seeks To Acquire NBE’s Equity In SOGELEASE
National Société Générale Bank (NSGB) is in talks with the National Bank of Egypt (NBE) to acquire the latter’s…
Talaat Moustafa Group In Talks With AAIB Over EGP 1.2 Bln Loan
The Talaat Moustafa Group (TMG) Holding is conducting negotiations with a number of banks to receive a long-term…
HSBC Vows To Strengthen Money-Laundering Controls
HSBC’s Retail Banking and Wealth Management Units work in compliance with the international supervisory and…
HSBC To Launch A Mobile Banking Service In Egypt
In a media roundtable held Wednesday morning and attended by Francesca McDonagh - HSBC’s Regional Head of Retail…