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Money
Tanmeyah Micro Enterprise injects EGP 300m investments
Amr Abu Eish, CEO of Tanmeyah Micro Enterprise Services, said that the Company injected funds in value to EGP 200…
Misr Insurance: 1350 Car Compensations After January
Ahmed Abou El Enein, director of car insurance department at Misr Insurance and head of the general committee of…
El Sebaei: Obligatory Investment Rules To Boost Real Estate Market
Fathy El Sebaei, Chairman and MD of Housing and Development Bank (HDB), said that trials over illegal lands’…
NBD and ADIB achieve positive indicators in 2011
The National Bank for Development (NBD) in cooperation with Abu Dhabi Islamic Bank (ADIB) announced its 2011…
11 Banks Give EGP 491 Million Loan To West Damietta Plant
National Bank of Egypt will sign an EGP 491 million joint loan contract next week with East Delta Electricity…
AMIG and Delta insure Marsa Alam Airport with EGP 600m
Arab Misr Insurance Group “AMIG” and Delta Insurance Company signed an insurance contract to insure Marsa Alam…
Greece’s Alpha Bank calls off merger plans with Eurobank
Alpha Bank (ACBr.AT) has scrapped plans to tie up with rival Eurobank (EFGr.AT) in what would have been Greece's…
NBAD approves distribution of 30% cash dividends and 35% bonus shares
The National Bank of Abu Dhabi's (NBAD) annual general meeting (AGM), held today at the Emirates Palace in Abu…
A.T. Kearney affirms recovery of GCC banks’ profitability
After years of hyper-speed growth, GCC banks then had to pass the test of the economic crisis and now must prepare…
Al Baraka Bank Distributes 15% Dividends
Al Baraka Bank Egypt decided to distribute 15% of its paid-up capital as dividends to shareholders after increasing…