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Money
Saudi Mortgage Law To Diversify Banking Sector
The introduction of a mortgage law in Saudi Arabia will improve the housing supply as well as provide…
Munich Re Tops Global Reinsurers List
Germany’s Munich Reinsurance Company topped A.M. Best’s Review List of world’s largest reinsurance groups in 2010…
Banque Misr To Approve Estimated Budget For FY 2012/13 Next Sunday
Banque Misr is set to hold its Ordinary General Assembly next Sunday to approve the estimated budget of FY…
HSBC To Apologize At Hearing On Money Laundering, Memo Shows
HSBC Holdings Plc (HSBA) will apologize at a July 17 U.S. Senate hearing for anti-money laundering controls that…
Credit Suisse Exempted From German Tax Prosecution
Credit Suisse said it believed it was exempt from prosecution for helping Germans evade taxes following a deal last…
Eight Lebanese Banks Among Top 1,000 In The World
In its 2012 survey of the world’s top 1,000 commercial banks, The Banker magazine included eight Lebanese banks on…
Sabb/Hsbc Emerging Markets Index Q2 2012
SABB/HSBC Emerging Markets Index eases to 53.0 in Q2 2012 on manufacturing weakness Two-speed growth picture…
EIBA, EFSA To Discuss Unified Contract Next Week
Adel Shaker, chairman of the Egyptian Insurance Brokers Association (EIBA), will hold a meeting next week with Dr.…
Barclays’ Diamond Accused Of Misleading Inquiry
British lawmakers on Tuesday accused Barclays former chief executive Bob Diamond of misleading a parliamentary…
Egyptians’ Remittances Stood At US$ 12.9 Bln In Nine Months
The remittances of Egyptians abroad witnessed an increase of US$ 3.819 billion, or 42%, totaling to US$ 12.9…