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Money
BM & NBE Lend TICO EGP 324 Mln To Build Garages In Tahrir
Banque Misr and National Bank of Egypt (NBE) to finalize agreement to lend El Tahrir For Garage Investment-TICO EGP…
Moody’s Lowers Jafza Outlook To Negative
Moody's Investors Service has changed the outlook for the Corporate Family (CFR) and Probability of Default Rating…
Abu Dhabi Investment Fund Mubadala Spends $5.5bn
The Abu Dhabi government's investment vehicle, Mubadala expects to spend about Dhs20.1bn ($5.47bn) this year, as it…
IMF: Lebanon Needs More Work To Reduce Debts
The International Monetary Fund (IMF) has said Lebanon has not made much-needed efforts to reduce the country's…
Faika El Refaie: 2.5% Gap Between The Needed Investments And The Actual Savings
Faika El Refaie, former sub-governor of Central Bank of Egypt, said there are a funding gap of 2.5% between the…
Lebanon’s Bank BEMO Profit Drops 53%
Lebanese Bank BEMO published its unaudited financial statements early this week, reporting a 53.57 percent…
S&P: GCC Insurers Depend On Health Insurance
Regulatory change has favored health insurance, making it one of the main engines of revenue growth for the…
CIB Q1 Net Income Rises 64%
Commercial International Bank (CIB), Egypt's biggest private bank by assets, said on Wednesday that first quarter…
Inflation Rate, External Debt Are Expected To Raise; Former CBE’s Governor
Dr. Mahmoud Abul Eyoun, Professor of Economics at University of Zagazig and Chief Economic & Financial Advisor…
Rania Al-Mashat: Comprehensive Economic Policy Is A Must To Restrain Inflation
Rania Al-Mashat, sub governor and chief of monetary policy division at Central Bank of Egypt, said economic growth…