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Money
Banque Misr Disburses 68,000 Yellow Remittances
A senior official at Banque Misr said the Bank disbursed EGP 243, 102, 005 the value of 68,920 yellow remittances…
AlexBank Disburses 55% Of Yellow Remittances
Alex Bank Intesa Sanpaolo disbursed EGP 600 million, the value of 55% of the total yellow remittances scheduled to…
S&P Expects Kuwait Insurance Market To Grow
Despite its good growth prospects, a lack of pricing discipline among many Kuwaiti insurers could weaken the…
U.S. Banking Regulators Shut Down 5 Banks
U.S. Federal and state banking regulators shut down five banks, bringing the total number of bank failures this…
National Bank of Oman Q1 Profit Rises 24%
National Bank of Oman (NBO) achieved a net profit of RO 9.6 million for the three months ended March 31, 2012, a 24…
Barclays & Credit Suisse Chiefs Face Pay Package Criticism
More than a quarter of Barclays shareholders look set to vote against the British bank's controversial pay play for…
Deutsche Bank Profit Drops To US$1.85 Bln
Deutsche Bank’s net profit retreated to €1.4 billion ($1.85 billion) in the first quarter amid Europe's debt…
IFE To Amend Personal Accident Insurance Policy
Accident Committee at Insurance Federation of Egypt (IFE) studies amending personal accident insurance policy in…
Bank of China Q1 Growth Slows
Bank of China (601988.SS), the country's No.3 lender by market value, posted on Thursday a near 10 percent rise in…
HSBC Cuts 2,200 UK Jobs
HSBC has confirmed that it is to cut more than 2,200 jobs in the UK as part of its global cost-cutting plans.More…