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Money
Banque Misr Offers EgyptAir US$58 Mln To Buy Two Boeing 737-800
Banque Misr approved to provide a finance of US$ 58 million (EGP 360 million) needed by EgyptAir Company to buy two…
NBD: Three Banks To Contribute To East Delta Electricity Production Loan
Three banks have initially approved to cover from 70% to 75% of the Islamic finance amounting to US$ 120 million…
Banque Du Caire Likely To Approve Contribution To Mobinil Loan Today
Banque Du Caire’s executive board will hold a meeting to decide whether to act as a secondary underwriter of the…
Shadow Government’s PM Rejects IMF Loan, Calls For Rationing Plan
Dr. Ali Abdel Aziz, the Prime Minister of the Shadow Government, said that the International Monetary Fund’s (IMF)…
Swiss Re To Book Q3 Gain Of $600 Mln On Admin Re Sale
Swiss Re, the world's second-biggest reinsurer, said it would book a third-quarter gain of around $600 million from…
World Bank Chief Pledges Support For Ivory Coast, Urges True Peace
World Bank President Jim Yong Kim on Tuesday expressed support for Ivory Coast in his first visit to the West…
Deutsche Bank Said To Cut 85 Equities Jobs In Tokyo, Hong Kong
Deutsche Bank AG (DBK), Germany’s biggest lender, is eliminating about 85 jobs at its Japan and Hong Kong equities…
UK Banks Face Rules To Curb Mis-Selling Incentives
Britain's banks face new rules to stamp out sales incentives that have encouraged mis-selling of financial products…
Egyptian Islamic Finance Association Discusses SME Finance Next Sunday
The Egyptian Islamic Finance Association will hold its first conference on the development prospects of Islamic…
CBE Expected To Keep Interest Rates Unchanged Next Thursday
A number of banking experts expected the Monetary Policy Committee to leave overnight deposit and lending rates…