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Money
Gulf Finance House Announces Half Year Results
Gulf Finance House (" GFH " or "the Bank") has reported net profits of US$ 5.7 million for the period ending 30…
Egypt Expects Qatar Deposit Within A Week: Minister
Qatar should deposit $500 million in Egypt's central bank within a week, the Egyptian finance minister said, as the…
Banque Misr Eyes 11% Increase In Loans In 2012/13
Banque Misr targets to increase the volume of loan portfolio by 10%-11%, to register EGP 57 billion by the end of…
Qatari Deposit Will Have Temporary Impact On Foreign Reserves: Bankers
Most banking experts said the US$ 2 billion Qatari deposit at the Central Bank of Egypt (CBE) will have a temporary…
Arab Orient Insurance Renews Policy Covering UNB With EGP 300 Mln
The Arab Orient Takaful Insurance Company (AOTIC) renewed the insurance policy covering the Union National Bank…
Ahli United Raises Mortgage Portfolio By EGP 600 Mln In 2012
Al Ahli United Mortgage Company targets to increase its loan portfolio to EGP 100 million by the end of 2012, up…
Insurers Compete for Al Sheikh Zayed Development Authority
Insurance companies are expected to go into a strong competition to insure Al Sheikh Zayed Development Authority.…
Al Baraka Banking Group Financial Result
The Bahrain based leading Islamic banking group, Al Baraka Banking Group B.S.C (ABG) announced that its net income…
East Mediterranean Gas Owes NBE US$ 156 Mln
The East Mediterranean Gas Company (EMG), which was exporting natural gas from Egypt to Israel, is paying off its…
Egypt Post To Insure 50 Cars Against Armed Robbery
Egypt Post said it will contract to new companies to insure 50 cars which transfer funds during the coming days.…