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Money
Foreign Investments Down To US$ 2.1 Bln In FY 2011/12: CBE
The net inflows of foreign direct investments to Egypt reached US$ 2.1 billion in FY 2011/2012, down from US$ 2.2…
Insurance Federation Discusses Personal Accident Insurance Policy Today
The Miscellaneous Accident Insurance Committee at the Insurance Federation of Egypt will discuss in its meeting…
The Promising Future Of Takaful Attracts Foreign Investors
Some of the insurance companies have exited the Egyptian market and some others began to establish and acquire…
Egypt Balance Of Payments Gap Widens To $11.3 Bln
Egypt's balance of payments deficit widened to $11.3 billion in the financial year to June from $9.8 billion in the…
ACE’s Alia Helmy Quits For MD Position At Delta Insurance
Alia Helmy, the general manager of ACE Insurance, has submitted its resignation last week, an official source said.…
Banque Misr Secures Approval To Offer Ijara, Musharaka Mutanaqisa Services
Banque Misr has secured an approval from the Central Bank of Egypt (CBE) to offer Ijara Muntaheya Bettamleek…
Qandil Says Egypt To Sell Sukuk After New Law Is Approved
Prime Minister Hisham Qandil said Egypt plans to sell sukuk, or Islamic bonds, after new legislation on the debt…
Kuwait International Bank Supports Islamic Economics Higher Studies Fund
Kuwait International Bank has recently announced that it has provided financial contribution to the Islamic…
Deutsche Bank Tackles Ackermann Legacy In Strategy Revamp
Deutsche Bank AG (DBK) co-Chief Executive Officers Anshu Jain and Juergen Fitschen, less than four months after…
UAE Central Bank Says To Launch Discount Window
The United Arab Emirates central bank aims to develop its monetary policy framework by launching a discount window…