Browsing Category
Money
Banque Misr: EGP 12 Mln For Grand Egyptian Museum
Banque Misr has allocated EGP 12 million to establish a school for children to be named after the bank. The…
EDBE Eyes EGP 170 Mln Net Profit In FY 2012/13
Export Development Bank of Egypt (EDBE) will approve its budget plan for the next fiscal year 2012/2013 in which…
Absorbing Capacity Of Fire Insurance Raised By EGP 30 Mln This Year: Arfin
Ahmed Arfin, managing director of the Egyptian Takaful Insurance Company (Property), said the last reinsurance…
CIB Contributes With US$ 60 Mln in ERC’s Letters of Guarantee
Commercial International Bank (CIB) approved to contribute in financing the issuing of letters of credit and…
Misr Life Insurance Eyes Premiums Of EGP 2 Bln In 2014/15
Misr Life Insurance Co. targets achieving premiums of more than EGP 2 billion at the end of FY 2014/2015, in…
Barclays’ Absa Profit Drops Most In Four Years On Bad Debts
Absa Group Ltd. (ASA), the South African bank controlled by Barclays Plc (BARC), dropped the most in almost four…
Angel Merkel Still Resists Euro-Area Debt Sharing
Chancellor Angela Merkel hardened her resistance to euro-area debt sharing to resolve the region’s financial…
Moody’s Cuts Credit Ratings Of 28 Spanish Banks
Banco Santander SA (SAN) and Banco Bilbao Vizcaya Argentaria SA (BBVA), Spain’s largest lenders, were downgraded by…
UAE’s Personal Loans Rose To Highest Level Since 2008 Financial Crisis
Personal loans sanctioned by banks in the UAE inched up 0.8 per cent in April, reaching the Dh255.9 billion mark,…
Standard Chartered Private Bank Launches Islamic Financial Solutions In Dubai
Standard Chartered Private Bank (the Private Bank) announced at a press conference held in Dubai, the launch of a…