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Money
AUB achieves EGP 195 million profit
Ahli United Bank Egypt said that profit rose by 19% to EGP 31 million, as it reached EGP 195 million in 2011,…
US may nominate Gates for World Bank
President Barack Obama and his advisers, casting a wide net for potential candidates to lead the World Bank,…
Citibank’s Malinda Dee convicted in fraud case
An Indonesian court convicted on Wednesday a former relationship manager with Citibank of money laundering in a…
Emirates NBD issues offshore Renminbi ‘CNY’ 750m Fixed Rate Notes
Emirates NBD has successfully completed the inaugural issuance of offshore Renminbi 'CNY' 750 million Fixed Rate…
EFSA: Insurance Companies Register EGP 4.4bn Capital
The capital volume of insurance companies’, working in Egypt, reached EGP 4.4 billion in the last fiscal year…
EFSA Approves EDB’s “Golden Fund”
Egyptian Financial Supervisory Authority approved Export Development Bank’s “Golden Fund”, whose capital is EGP 50…
Investors Settle LE 66 m Debts with NBE
General Union of Investors Associations set an agreement with Tarek Amer, president of National Bank of Egypt, to…
Bank for Development & Agricultural Credit settles investors’ debts
Bank for Development & Agricultural Credit aims at restructuring the credit policies by settling and decreasing…
NBE ignores Cabinet’s requset to return fired employees
National Bank of Egypt’s president, Tarek Amer, ignored the Cabinet’s three communications requesting to return…
Al Baraka Bank Algeria Achieves 18% Growth in 2011 Net Income
Al Baraka Bank Algeria, a subsidiary banking unit of Al Baraka Banking Group B.S.C. (ABG), announced that it…