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Money
Spanish Government Cuts Firing Costs, Changes Labor Rules
Spain’s government cut firing costs, changed wage-bargaining laws and decided that jobless people on benefits will…
Barclays Bank profits fall 3% to £5.9bn
Barclays has reported a 3% fall in profits to £5.9bn for last year, hit by a slowdown at its investment bank arm.…
Marine cargo Insurance Committee offers conditions to the IFE
The General Marine- Cargo Insurance Committee, a member of Insurance Federation of Egypt (IFE), offered the…
Bankers: improving political and security status to stop lowering credit ratings
Some bankers assured the necessity of achieving a relative improvement in the political and security statuses in…
NBAD lead arranger of $455m club term loan facility for Commercial Bank of Qatar
The National Bank of Abu Dhabi PJSC (NBAD), successfully closed a $455m club loan facility for Commercial Bank of…
Standard and Poor’s downgrades Italy banks
The credit ratings agency Standard and Poor's has downgraded its assessment of almost all of Italy's major banks.…
Industrial Development Bank aims settling 25% of irregular debts this year
Industrial Development & Workers Bank of Egypt (IDWBE) offered his strategy to the Central Bank…
Tarek Amer: difficulties in local market increase banks investment opportunities
Tarek Amer, chairman of National Bank of Egypt, said that the increasing difficulties in the Egyptian market raises…
NBE delays medical project and contracts with Arab contractors
National Bank of Egypt (NBE) delayed the Health Ministry project of establishing an international medical project…
DP World seeks loan to repay part of debt
Dubai: DP World has started talks with banks for a loan to help pay half of a $3-billion (Dh11.01 billion)…
