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Money
Citigroup Pays ATD Executives Again In $590 Million Deal
Citigroup Inc. paid $680 million in cash and stock to David Whitcomb and other shareholders of Automated Trading…
Barclays Names Consumer Chief Jenkins Ceo After Diamond
Barclays Plc (BARC) named Antony Jenkins as its chief executive officer, promoting the head of its consumer banking…
Saudi Fund To Grant Yemen $1b
The Saudi Fund for Development will deposit $1 billion US dollar in the Central Bank of Yemen in a move which aims…
NBE Disbursed EGP 423 Mln Yellow Remittances
The National Bank of Egypt (NBE) disbursed EGP 423 million worth of 118,000 yellow remittances, said Mohamed Ihab,…
Bank for Agricultural Credit’s NPLs Register EGP 1.1 Bln
The Principal Bank for Development and Agricultural Credit’s non-performing loans of the investment and…
Banque Misr Launches Car Murabaha With Highest Finance Rate
Banque Misr has launched a new product available at its Islamic branches which is the car murabaha finance that was…
NBAD Opens 30th Branch in Egypt
The National Bank of Abu Dhabi (NBAD), the Number One Bank in the UAE, reached a milestone in Egypt this month with…
Al Baraka Bank Raises Capital By EGP 300 Mln In FY 2012/13
Al Baraka Bank Egypt targets to increase its issued and paid-up capital by EGP 300 million to register EGP one…
Egypt To Auction 10.5 Bln Eg Pounds In T-Bills
Egypt central bank plans to auction 13 billion Egyptian pounds ($2.14 billion) in domestic treasury bills and bonds…
Banque Du Caire Offers EGP 5 Bln Micro-Finances
Banque Du Caire has offered about EGP 5 billion worth of about one million loans to more than 360, 000 customers…