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Money
CBE Sells EGP 5.5 Bln T-Bills
The Central Bank of Egypt (CBE) said yields rose at an auction of treasury bills on Thursday, with the government…
High Return On T-Bills Improves Banks’ Profits in H1: Bankers
The financial statements of a number of banks showed a relevant increase in the first half of 2012, marking the…
Complaints Against Insurers, Private Funds Rose To 733 In 2011: EFSA
The annual report issued by the Egyptian Financial Supervisory Authority (EFSA) showed an increase in the number of…
Industrial Development Bank Promotes 500 Employees
The Industrial Development and Workers Bank of Egypt (IDBE) will promote 500 employees out of 1100, the total …
Ethylene Loan Arrangers Sign Loan Agreement Today
The five banks, which arranged the long-term US$ 1.250 billion loan for the Egyptian Company for Ethylene, will…
HSBC Oman Asks Customers To Update Personal Info
HSBC Bank Oman is encouraging customers to update their personal data records by visiting their closest branch by…
KFH Offers Award Program For Credit, Prepaid Cards Clients
Kuwait Finance House (KFH) announced that it collaborated with We Guide international company to design and…
Egypt Likely To Ask For US$4.8 Bln Loan From IMF
Egypt will discuss the possibility of a bigger-than-expected $4.8 billion loan from the International Monetary Fund…
Suez Canal Life Insurance To Split From Parent Company Next September
The procedures concerning the split of the Suez Canal Life Insurance Company from the Suez Canal Insurance Company…
Faisal Bank Reports EGP 283 Mln Net Profit In H1
Faisal Islamic Bank of Egypt reported net profit of EGP 283.6 million at the end of June 2012, up from EGP 152.9…