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Banks
Banque Misr Disbursed 90,000 Yellow Remittances Worth EGP 312 Mln
Banque Misr disbursed EGP 312 million worth of 90, 000 yellow remittances till last week through its 120 branches.…
Fitch Affirms Ahli Bank QSC At ‘A-‘; Outlook Stable
Fitch Ratings has affirmed Ahli Bank QSC's (ABQ) Long-term Issuer Default Rating (IDR) at 'A-' with a Stable…
NBE, BM, CIB Ratings Affirmed At ‘B/B’
On Aug. 24, 2012, Standard & Poor's Ratings Services affirmed its 'B/B' long- and short-term counterparty…
HSBC Negotiates With U.S. Regulators Over Settling Money Laundering Case
HSBC Holdings Plc (HSBA), which is under investigation by U.S. regulators for laundering funds of sanctioned…
World’s 50 Safest Banks; German KfW 1st
Bank stability remains a pressing concern for the world’s corporations and investors. It is within this context…
Banks Take No Extra Security Measures For Anti-Brotherhood Protest
Foreign and state-owned banks affirmed that they will not implement extra procedures to secure their branches in…
NUCA Withdraws 42 Mln Meters from 10 Investment Companies
The New Urban Communities Authority is considering a decision to withdraw plots with space of 42 million meters…
NBAD Named Safest Bank In Middle East
The National Bank of Abu Dhabi (NBAD), has been ranked for the fourth consecutive year one of the 'World's 50…
CIB, Thomas Cook Launch Prepaid Travel Mastercard
The Commercial International Bank (CIB) and Thomas Cook Egypt launched CIB-Thomas Cook prepaid travel MasterCard…
Citigroup Urges SEC To Block Nasdaq Facebook Compensation
Citigroup Inc. (C), whose market-making unit suffered millions of dollars of losses trading Facebook Inc. (FB) in…