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Money
Barclays Starts U.K. Mobile Phones Service to Transfer Money
Barclays Plc, the U.K. bank led by Robert Diamond, today begins a service to enable its 11.9 million checking…
Bank of Sharjah strengthens structure of its balance sheet and enhance its liquidity…
Bank of Sharjah managed to strengthen the structure of its balance sheet and enhance its liquidity position. Total…
Bernanke says recovery slow but small banks climbing back
The weak economic recovery has made it harder for banks to make money from loans but the financial conditions of…
Moody’s may downgrade banks, including UBS, Morgan Stanley
Moody's warned on Thursday it may cut the credit ratings of 17 global and 114 European financial institutions in…
World Bank boss quits setting up fight for role
World Bank president Robert Zoellick announced that he would step down at the end of June, setting up a possible…
CBE launches first database for 36 thousand SMEs
Central Bank of Egypt (CBE) launches the first database for more than 36 thousand SMEs available at the Banking…
Misr Iran Development Bank to sign EGP 100 m contract with Social Fund next week
Misr Iran Development Bank will sign EGP 100 m contract with Social Fund for Development next week to finance and…
Supreme Administrative Court postponed appeal on cancelling Omar Effendi’s sale to April…
Egypt’s Supreme Administrative Court postponed the appeal on the cancellation of Omar Effendi’s deal, submitted by…
CBE: monthly inflation rate increases as a result of food materials prices increases
Central Bank of Egypt (CBE) said that the monthly increase in inflation rate in January 2012, estimated to be…
Delta Insurance co. insures Alex Bank’s personal loans customers by EGP 4 bn
Delta Insurance co. signed an insurance contract to insure 130 thousand customers of Alex Bank’s personal loans.
