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Egyptian Takaful Life Covers Hajj Expenses Five Yrs After Contract
The Egyptian Takaful Co. – Life received the Egyptian Financial Supervisory Authority’s approval over launching new…
EALB Injects EGP 500 Mln To Individual Loans Portfolio In FY 2012/13
The Egyptian Arab Land Bank (EALB) targets to inject EGP 500 million to its individual loans portfolio, raising it…
Misr Life Insurance Considers Three Banking Offers For Collecting Premiums
Misr Life Insurance targets to implement new payment methods as the company has composed a committee of the…
Yield On Egypt’s Dollar CDs Rose To US$ 45 Mln:Tarek Amer
The yield on the Egyptian dollar certificates of deposit, in which the National Bank of Egypt (NBE) among seven…
Tunisia’s Parliament Votes To Sack Central Bank Governor
Tunisia's parliament voted on Wednesday in favour of a presidential proposal to sack central bank governor Mustafa…
National Bank Of Kuwait Reports Net Profits Of $431.M In The First Half Of 2012
National Bank of Kuwait (NBK), the largest Kuwaiti bank and the highest-rated in the Middle East, reported net…
Commercialbank Delivers Half-Year Net Profit Of QR1.017bn
Commercial Bank of Qatar announces its financial results for the half-year ended 30 June 2012. The Bank delivered a…
Deutsche Bank, HSBC Traders Investigated In Libor Probe
Traders at Deutsche Bank AG (DBK), HSBC Holdings Plc (HSBA), Societe Generale SA (GLE) and Credit Agricole SA (ACA)…
Lloyds To Sell 632 Bank Branches To Co-Operative Group
Lloyds Banking Group Plc (LLOY) agreed to sell 632 branches to Co-Operative Bank Plc for an initial 350 million…
Deutsche Bank To Cut 1,000 Jobs
Deutsche Bank is planning to cut 1,000 investment banking jobs in response to tough conditions in capital markets,…