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Money
News About Bashar Sawas Being MD Of Solidarity Family Takaful Is Groundless
Amwal Al Ghad was informed that the news circulated about Bashar Sawas, the General Manager of Allianz Insurance…
CBE: Local Liquidity Rose To EGP 1.09 Trillion In FY 2011/12
The Central Bank of Egypt (CBE) stated that the local liquidity rose by EGP 85 billion (8.4%), registering EGP…
Yield On Egyptian Dollar CDs Hit EGP 193 Mln In FY 2011/12
The yield on the Egyptian dollar certificates of deposit registered EGP 193 million at the end of last June,…
Egypt’s Local Debt Rose To EGP 1.2 Trillion In FY 2011/12
Egypt’s local public debt rose by 19.6%, registering EGP 1.249 trillion in FY 2011/2012, up from EGP 1.044 trillion…
Demands For Enacting Sukuk Issuance Law In Egypt
The Egyptian Islamic Finance Association plans to submit a suggestion to the next People’s Assembly (Lower…
Arab Bank CEO Plans To Regain Access In Libya
Arab Bank, Jordan's largest lender, is seeking to regain access to its Al Wahda bank unit in Libya after last…
Islamic Bank Kuveyt Turk Plans Launch In Germany
Turkish bank Kuveyt Turk plans to launch Germany's first full-fledged Islamic bank, aiming to tap into demand for…
CBE: $4 bln Foreign Sales Of T-Bills In FY 2011-12
Central Bank of Egypt (CBE), said the volume of the foreign investments that existed in the market during the…
Industrial Development Bank To Ask For Islamic Banking License
The Industrial Development and Workers Bank of Egypt considers asking the Central Bank of Egypt (CBE) for a license…
New Conditions For Insurance Brokers To Be Applied
Adel Shaker, chairman of the Egyptian Insurance Brokers Association (EIBA), said a committee will be formed of…