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Money
Fitch Affirms Qatar Islamic Bank At ‘A’; Outlook Stable
Fitch Ratings has affirmed Qatar Islamic Bank 's ( QIB ) Long-term Issuer Default Rating (IDR) at 'A' with a Stable…
UAE Banks Profit From Europeans’ Retreat
Banks in the UAE are filling the gap left by European institutions pulling back from the country's loan market - a…
India May Introduce Islamic Banking
The government is considering introducing Islamic banking in the country. The Ministry of Finance recently asked…
Jpmorgan Picks Panel For “Whale” Inquiry
JPMorgan Chase & Co (JPM.N) has picked Lee Raymond, ex-chief executive of oil major Exxon Mobil Corp (XOM.N),…
Al Baraka Bank & SFD to Finance Small Enterprises
In a bid to enhance small enterprises, the Social Fund for Development (SFD) and Al Baraka Bank Egypt have signed a…
Increasing Egypt’s IMF loan is Positive: Analyst
Commenting on reports that Egypt may seek to increase IMF loan to $ 4.8 billion, Hany Genena, CFA, Head of…
ABG Egypt and World Bank to Offer Micro-Finance in Egypt
In line with the Bahrain-based Al Baraka Banking Group’s strategy to enhance the role of its subsidiaries in the…
Car Insurance Premiums Hit EGP 2.050 Bln In 2011
Car insurance sector in Egypt had premiums of EGP 2.052 billion in 2011. The volume of direct premiums reached EGP…
SFD Finances Infrastructure Projects In Minia
Ghada Wali, secretary general of the Social Fund for Development (SFD), and Serag Al Ruby, the governor Minia,…
AMIG Launches Burglary Insurance Policy Covering South Cairo Electricity Co.
Arab Misr Insurance Group (AMIG) has launched the burglary insurance policy covering the South Cairo Electricity…