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Money
European Investment Bank Allocates €50 Mln For Egyptian Infrastructure Projects
The European Investment Bank aims at signing several contracts with Egypt to provide €50 million finance for small…
Credit Suisse Said To Cut Dubai Jobs After Deutsche, Nomura
Credit Suisse Group AG (CSGN), the second- biggest Swiss bank, cut two Dubai investment banking jobs and is moving…
Stanchart Appoints New CFO
Standard Chartered has appointed Adnan Haroon as Chief Financial Officer for its Oman's operations. Adnan brings…
Bank Muscat Wins Jpmorgan Award For Fund Transfers
Bank muscat, Oman's flagship financial institution, has won the JPMorgan Quality Recognition Award for outstanding…
CBE Allocates US$ 800 Mln Monthly For Petroleum Ministry, Supply Authority
Nidal Assar, deputy governor of the Central Bank of Egypt (CBE), denied what was said about allocating a large…
IMF To Cut Global Growth Forecast
The International Monetary Fund (IMF) is set to cut its forecast for global growth next month when it updates its…
Foreign Reserves Expected To Rise On Morsi’s Foreign Visits
Rania Al-Mashat, deputy governor of Central Bank of Egypt (CBE), expected Egypt’s foreign cash reserves to soar in…
Egyptian Central Bank Says Happy With Currency’s Value
The head of foreign reserves management at Egypt's central bank said on Monday he was happy with the Egyptian…
Gras Savoye Joins Insurance Brokerage Division
Gras Savoye Insurance Brokerage Company will join the Division of Insurance Brokerage Companies, subsidiary to the…
Industrial Development Bank Provides Waste Recycling Factory With EGP 55 Mln
The Industrial Development and Workers Bank of Egypt approved yesterday to provide a finance of about EGP 55…