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Money
Experts: banks are boosting National economy at Egypt
Mona El-Baradei, CEO of Egyptian Banking Institute, said that banking sector has many opportunities to develop…
Burgan Bank sponsors annual Proud 2 Be Kuwaiti Exhibition
Burgan Bank recently concluded its participation and sponsorship of the annual "Proud 2 Be Kuwaiti" (P2BK)…
Emirates NBD requests withdrawal of Dubai Bank’s Ratings
Emirates NBD announced today that the company has requested Fitch Ratings and Moody's Investors Service to withdraw…
Trade Union attacks RBS and Lloyds over “brutal” job cuts
Unite trade union has written to the government's UKFI banking body to express its anger at the latest round of job…
NBE Updates IT Structure With US$ 400m
Tarek Amer, chairman of National Bank of Egypt, said that the Bank implemented updates to its technological…
AMIG and Delta insure Kharafi’s Project in Hurghada
Arab Misr Insurance Group “AMIG” and Delta Insurance Company insured Kharafi’s tourism project in Hurghada with an…
NBE Settles Al Nasharty’s debts
National Bank of Egypt to settle the EGP 377 million debts of Amr Al Nasharty, chairman of Sainsbury‘s Group,…
Al Watany Bank’s deposits portfolio posts EGP 580m retreat in 2011
Al Watany Bank of Egypt’s deposits portfolio declined by 4.5% in value to EGP 580 million, registering EGP 12.33…
FGB launches reduced rate credit card for UAE nationals
First Gulf Bank (FGB), UAE lender, is offering new reduced- rate credit card options for Emiratis with decreased…
Munich Re with positive outlook for 2012 – profit guidance of €2.5bn
Munich Re has made a good start to 2012 and is aiming for a profit of around €2.5bn. CEO Nikolaus von Bomhard was…
