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Money
HSBC Doubles Target For Revenue To US$2 Bln
HSBC Holdings Plc (HSBA), Europe’s largest bank, doubled its target for generating additional revenue from greater…
Visa Offers Egyptian Cardholders a Chance to Attend 2012 Olympic
Visa, a proud sponsor of the Olympic Games for 25 years, announced the launch of a nationwide marketing campaign…
Türkiye Finans Signs $350 Mln Murabaha Syndicated Loan Deal
Türkiye Finans, Turkey’s leading participation bank, has signed the largest murabaha syndicated deal of the…
EDBE’s Loans Portfolio Registers EGP 6.2 Bln In Q1
Loans credit facilities portfolio of Export Development Bank retreated 3%, or EGP 194.3 million, totaling to EGP…
Mohamed Gouda: IMF Procrastinates by Negotiating Over Loan
The Experts’ opinions varied around the inevitability of borrowing from abroad and also their views for the…
IDWE To Deal With SFD Over EGP 50 Mln Finance To Animal Resources Projects
Industrial Development and Workers Bank of Egypt (IDWE) plans to sign a contract with Social Fund for Development…
Sukuk To Replace Foreign Borrowing: Banking Experts
A number of Egyptian bankers affirmed on the importance of approving sukuk (Islamic bond) draft law in the current…
Morgan Stanley Reduces Stake In KPN To 4.93%
Morgan Stanley has lowered its stake in Dutch telecommunications company Royal KPN NV to 4.93% from 10.01%,…
Bank Of England Raises Inflation Outlook
The Bank of England on Wednesday raised its short-term outlook on consumer-price inflation, and also lowered its…
US Govt Bolsters 10,000 Egyptian Entrepreneurs
The events of Entrepreneur project, financed by US Agency for International Development USAID, for supporting SMEs…