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Money
Ehab Talaat to settle his EGP 73 m debts with Ahram & Egyptian Television
Sources said that the legal consultant of London-resident Ehab Talaat, owner of Egyptian Media Company, filed a…
National Real Estate Bank to establish an Egyptian-Saudi Company in Dammam
National Real Estate Bank for Development’s board approved establishing an Egyptian-Saudi Company, with initial…
Piraeus Egypt approves EGP 200 m capital lift
Piraeus Bank Egypt has approved increasing its capital by EGP 200 million, through transferring a USD 33 million…
Australia’s ANZ receives currency license in China
Australia and New Zealand Banking Group, the country's fourth-largest bank, said on Monday it had received a…
Barclays’ Diamond to earn £4m bonus
The Chief Executive of Barclays Bank could receive a £4 million payout, which could reignite anger over bankers'…
Bank of Israel expands risk on forex reserves
A senior official said on Sunday that the Bank of Israel is investing about 8 billion shekels ($2.1 billion) of its…
German banks tapped more than half of ECB Tender
More than half of the 800 lenders that borrowed the European Central Bank’s Feb. 29 tender of three- year…
AfDB invests USD 50m in Carlyle’s fund
The Board of the African Development Bank (AfDB) approved an equity investment of USD 50 million into the Carlyle…
SNB’s findings to be announced Wednesday
The Swiss National Bank (SNB) said it will publish findings from a review of its enlarged governing board on…
U.K. cuts HSBC value by 17%
HSBC Chief Executive Officer Stuart Gulliver said that the bank is undervalued by $28 billion because of…
