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Money
National Bank signs a LE 400m contract with Social Fund next April
National bank of Egypt will sign a contract with Social fund for Development in value to EGP 400 million in the…
Cairo Court approves Banque Misr’s selling of “Misr Canada” assets to repay LE 148m debt
Cairo Economic Court “Complaint Department” upheld Banque Misr’s verdict of selling the assets of Misr Canada for…
Swiss Re Corporate Solutions expands Marine insurance footprint in Europe
Swiss Re Corporate Solutions today announced the expansion of its Marine insurance footprint in Continental Europe…
HSBC Sells Insurance Units for $914m
HSBC Holdings Plc (HSBA), Europe’s largest bank by market value, agreed to sell some of its general insurance units…
Qatar National Bank to be dividend distribution agent for Industries Qatar
Qatar National Bank (QNB) has been appointed as the official Dividend Distribution Agent for Industries Qatar, a…
EGB Approves Its 2011 Financial Results on March 29
Egyptian Gulf Bank will hold an ordinary general assembly on March 29th to approve its financial results for the…
Egypt eyes loans from 3 financial institutions to finance budget deficit, Faiza Abul Naga
Dr. Faiza Abul Naga, minister of international cooperation, said that Egyptian government has requested loans in…
AUB Wealth Fund records 220% of its capital
Ahli United Bank’s Wealth Fund, the Bank’s first investment fund, registered a coverage rate of 220%. The Fund’s…
Delta Insurance renews Jolie Ville’s insurance policy
Delta Life Insurance Company renewed the policy insuring Alexandrian Jolie Ville Hotel’s employees for a year.…
Takaful Emarat launches capital-protected fund
Takaful Emarat, the UAE-headquartered Shariah-compliant life and health insurance company, is joining forces with…