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Money
AAIB Disbursed 91,000 Yellow Remittances
Arab African International Bank (AAIB) disbursed 91 thousand yellow remittances, with value of EGP 355 million till…
Europe Shall Bailout Spain’s Banks: Hollande
French President Francois Hollande said on Friday Spain's banks should be recapitalized by Europe's bailout funds…
EBRD Approves €1 Bln Fund For N.Africa
European Bank for Reconstruction and Development shareholders agreed a 1 billion euro ($1.27 billion) special fund…
NBE Awarded “Best Retail Bank In Africa”
The National Bank of Egypt (NBE) received the “Best Retail Bank Award” in Africa by the Asian Banker. The…
EAL Bank Sells 25 Chalets For EGP 10 Mln in Ain Sokhna
The Egyptian Arab land Bank (EALB) has sold 25 of 39 chalets in Ain Sokhna for EGP 10 million. The 39 chalets were…
HDB finishes Opera City Compound
Fathy Al Sabai, Chairman of Housing & Development Bank, said his bank has finished the last phase of Opera City…
NBD & Bank Audi Arrange EGP 688 Mln Loan To Egyptian Company For Phosphate
A consortium of National Bank for Development (NBD) and Bank Audi has finalized signing the second Islamic…
Noor Islamic Bank Arranged $2.2 Bln Syndicated Loan In Turkey
Noor Islamic Bank has completed Islamic market mandates valued at over $2.2bn (Dhs8bn) in the past two years in…
Experts Recommend Forming Medical Insurance Companies
Experts affirmed on the importance of forming a medical insurance company to boost medical insurance sector. Abdel…
Foreign Direct Investments Registered A Negative Value of US$ 858 Mln
Central Bank of Egypt (CBE) said net foreign direct investments registered a negative value of US$ 858.2 million by…
