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Money
Delta Insurance’s Premiums Raise 19%
Delta Insurance Company posted premiums of EGP 337 million in March 13th 2012, up from EGP 283 million for the same…
Barclays Targets 25% Revenue Rise in MEA Region
Barclays Plc, Britain’s second- biggest bank, is seeking to boost revenue from the Middle East and North Africa by…
Union National Bank – Egypt Q1 Profit Posts EGP 9 Mln
Union National Bank - Egypt reported financial results posting a net profit of EGP 9.14 million for the period from…
Egypt Signs $100 Mln Debt Swap Deal With Italy
Egypt signed an agreement with the Italian government to swap a third tranche of debts worth $100 million. Faiza…
Oman International Bank Approve Merger With HSBC MidEast
Board of Oman International Bank 'OIB' is pleased to announce that at the Extraordinary General Meeting 'EGM' held…
China Central Bank Cuts Banks’ Reserves
China's central bank cut the amount of cash that banks must hold as reserves on Saturday, pumping out more funds…
CBE To Offer EGP 4 Bln T-Bills Sunday
Central Bank of Egypt (CBE) will offer tomorrow (Sunday) EGP 4 billion of 91- and 273-day treasury bills. CBE will…
Banque Misr Disbursed 75,000 Yellow Remittances
Banque Misr disbursed the value of 75,975 yellow remittances, EGP 266.264 million, in the first month assigned for…
Allianz Is Confident About The Egyptian Market: Udo Krüger
Allianz Insurance Egypt targets to expand in the Egyptian insurance market through getting license to conduct…
Fitch Lowers JPMorgan Rating To AA- On $2 Bln Loss
JPMorgan Chase & Co. (JPM), the largest and most profitable U.S. bank, had its credit grade lowered one level…