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Money
Loan Arrangers Affirm Signing Of Term Sheet..Contradicting Mobinil’s Denial
The National Bank of Egypt (NBE), Banque Misr, Commercial International Bank (CIB), National Societe General Bank…
Abu Dhabi’s Aabar To Invest In Oman’s Al Izz Islamic Bank
Aabar Investments PJSC, an Abu Dhabi government-controlled company with stakes in UniCredit SpA (UCG) and Daimler…
Standard Chartered Posts 11% Rise In First-Half Profit
Standard Chartered Plc (STAN), the U.K. bank that gets most of its revenue from Asia, posted an 11 percent gain in…
3 Jordanian Banks Report Higher Profits
Jordan Kuwaiti Bank announced this week that its net profit stood at JD25.6 million in the first half of this year…
IMF Mission To Visit Ukraine For 2013 Budget Talks In September
An International Monetary Fund mission will visit Ukraine next month to discuss government budget policy for next…
AMIG Insures South Cairo Electricity Co. With Value Of EGP 1 Mln
Arab Misr Insurance Group (AMIG) signed an insurance contract with South Cairo Electricity Generation Company with…
Egypt’s Top Banker Turns Down Vice-PM Post
Tareq Amer, one of Egypt's top bankers reveals that after a disagreement, he reversed his decision to accept the…
Swiss Re obtains USD 275 million of extreme mortality protection
Swiss Re today announced the successful transfer of USD 275 million of extreme mortality risk to the capital…
Egyptian Takaful To Insure South Cairo & Giza Flour Mills Co.
The Egyptian Takaful Company (Non-Life) won the tender offer launched by the South Cairo and Giza Flour Mills &…
Eight Banks Approved Contributing EGP1.2 Bln To Abu Hashima Loan
Eight banks approved initially to contribute with up to EGP 1.2 billion to the syndicated loan worth EGP 1.07…