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Money
NBE’s employees protest at Bank’s headquarter
About 40 data updating employees at National bank of Egypt protested in front of the Bank’s headquarter in Kornish…
MP: $3.2bn IMF loan to Egypt shall be approved first by Parliament
Freedom and Justice Party approves foreign borrowing but only when necessary, Ashraf Badr El-Din, Party’s Member of…
$100m expected revenue from dollar certificates of deposit in Qatar
Mahmoud Fawzy, Egyptian ambassador in Doha, expected that dollar certificates of deposit, offered for Egyptians…
Lebanese non-life premiums increase to $870m in 2011
Total non-life premiums generated in the Lebanese insurance market reached $869.6 million in 2011, constituting an…
Dar al Sharia provides Islamic banking consultancy to Bank Sohar
Bank Sohar, Omani lender, has signed an agreement with Dar Al Sharia Legal and Financial Consultancy of Dubai, to…
Accident Committee approves political violence insurance policy
General Committee of accident insurance unit at Insurance Federation of Egypt (IFE) will approve the new political…
Minister of planning to sign agreement with Japan
Faiza Abul Naga, minister of planning and international cooperation, will sign next week the mutual agreements of…
NBAD launches Cautious Income Fund
The National Bank of Abu Dhabi (NBAD) has successfully launched its new Cautious Income Fund, targeting a yield of…
Experts recommend establishing micro-insurance company
Insurance experts welcomed the idea of establishing a micro-insurance company, noting that this will benefit…
BDAC’s loan portfolio records EGP 19 bn at end of November 2011
Bank for Development and Agricultural Credit’s loan portfolio recorded EGP 19.13 billion, of which agricultural…
