Browsing Category
Money
Bankmuscat’s Indian Associate Firm Merges With Group Unit
Mangal Keshav Holdings Limited, an associate company of BankMuscat based in India, has merged with one of its group…
Brussels Pushes For ECB Supervision Of Eurozone Banks
All banks in the eurozone would be supervised directly by the European Central Bank in Frankfurt under new EU…
KFH Forecasts 9.5 Pct-Loan Growth In Gulf States In ’12
Gulf Cooperation Council banking sectors' loans will grow by nine to 9.5 percent in the current year, with a…
Banks To See Cost Benefit
Conventional banks that fail to offer Islamic Banking services risk an exodus of customers in favour of market…
IDB Allocates €200m To Wastewater Projects In Iran
The Islamic Development Bank has approved a 200-million-euro loan for Iran to establish wastewater treatment…
Al-Kharafi’s Sons Nominated Ibrahim El-Alfy To Delta’s MD Position
The Delta Insurance Company refused the appointment of neither Alia Helmy, the general manager of ACE Insurance,…
Barclays Egypt’s Loans Rose By EGP 740 Mln In H1
Barclays Bank Egypt’s portfolio of loans and credit facilities surged by EGP 739.8 million, registering EGP 6.366…
Socgen Says In Talks To Sell Egyptian Unit
French bank Societe Generale said on Wednesday it was in talks to sell its controlling stake in Egyptian unit…
Egypt Money Supply Rises 8 Pct In Yr To July
Egypt's M2 money supply rose 8 percent in the year to the end of July, the central bank said on Thursday. Money…
SFD In Talks With European Investment Bank Over €15 Mln Grant
The Social Fund for Development (SFD) is negotiating with the European Investment Bank to receive a grant of €15…