Financial Institutions GIG Insurance to Launch EGP50 million Mutual Fund Next Month Yomna Yasser Jul 8, 2014 0 Egypt's Arab Misr Insurance Group (GIG) plans to launch by next month its second mutual fund, said head of…
Banks Arab Investment Bank Mulls Arranging EGP1 bln Syndicated Loan Yomna Yasser Apr 17, 2014 0 Arab Investment Bank of Egypt (AIB) is considering to arrange an EGP one billion syndicated loan in favour of…
Banks Arab Banks’ Assets Have Exceeded US$2.7 Tln; Says Barakat Yomna Yasser Nov 14, 2013 0 By virtue of a strong financial position, liquidity and profitability, the Arab banks attained average growth rates…
Banks Emirates NBD Completes Acquisition Of BNP Paribas Egypt Shares Yomna Yasser Jun 11, 2013 0 Emirates NBD, part of the renowned Emirates NBD Group, has completed the acquisition of BNP Paribas S.A.E shares in…
EGX Egypt’s Prime Group Eyes 3 New EGP300 Mln Funds Yomna Yasser May 12, 2013 0 Egypt-based Prime Holding for Financial Investment S.A.E. (PRMH.CA) – said the firm is currently in talks with a…
Indices news Citadel Capital’s ANCC Hosts New Minya Governor Yomna Yasser Nov 5, 2012 0 The new Governor of Minya, Dr. Moustafa Kamel Eissa visited ASEC Cement’s US$ 360 million, 2.0 MPTA greenfield…
Banks CBE Approves Nominating Arab Contractors Investment’s Representatives At SAIB Administrator Oct 30, 2012 0 The Central Bank of Egypt (CBE) approved to nominate Mohamed Sami Ebrahim and Mohamed Mahmoud El-Khateeb as…
Indices news Prime Holdings Mulls Islamic Funds Inception By Q4 Yomna Yasser Sep 4, 2012 0 Prime Holdings and Investments (PRMH.CA) is studying the establishment of investment funds compliant with the…
Banks French Banks Sell Units In Egypt On Eurozone Crisis Administrator Sep 1, 2012 0 As French financial institutions retrench from expansion abroad to face the eurozone crisis, two French banks have…