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Money
NCB Launches Alahli Mobile Service For Query And Executing Banking Transactions Via Smart…
The National Commercial Bank (NCB) announced today the launch of "Alahli Mobile" Service for account queries and…
Jpmorgan, Citi Units Sued By FDIC Over Colonial Sales
JPMorgan Chase & Co. (JPM) and Citigroup Inc. (C) were among the banks sued by the Federal Deposit Insurance…
NCB Pioneers Shariah-Compliant Airport Financing
The National Commercial Bank (NCB) is the Islamic structuring bank of Tibah Consortium for Madinah International…
Misr Insurance Insures Wadi El Nile’s Employees With EGP 1.7 Mln
Misr Insurance Company signed a one-year term insurance contract to insure the employees of Wadi El Nile for…
Suez Canal Insurance Launches Three New Branches In September
Suez Canal Insurance Company targets to launch from five to ten new branches this fiscal year, said Ahmed Shoukry,…
Barclays Appoints Ex-BOE Official David Walker as Chairman
Barclays Plc (BARC), the British bank fined a record for interest-rate manipulation named former Bank of England…
Misr Insurance Pays EGP8 Mln Compensations For Stolen Cars In July
Misr Insurance Company reported 119 stolen cars last July, although the security officials returned to the streets,…
Egyptian Takaful Life Insures Pharma Overseas’ Employees With EGP 134 Mln
The Egyptian Takaful Co. - Life signed an insurance contract to insure the employees of Pharma Overseas Company…
EGB’s Loan Portfolio Up To EGP 3.2 Bln In H1 2012
The Egyptian Gulf Bank’s (EGB) portfolio of loans, credit facilities and murabahas registered EGP 3.241 billion at…
Egyptian Banks Not Hurt By Frequent Power Outages
Most bankers said that the frequent power outages occurred since the hot summer months began did not affect the…