HSBC Doubles Target For Revenue To US$2 Bln
HSBC Holdings Plc (HSBA), Europe’s largest bank, doubled its target for generating additional revenue from greater…
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Visa Offers Egyptian Cardholders a Chance to Attend 2012 Olympic
Visa, a proud sponsor of the Olympic Games for 25 years, announced the launch of a nationwide marketing campaign…
Türkiye Finans Signs $350 Mln Murabaha Syndicated Loan Deal
Türkiye Finans, Turkey’s leading participation bank, has signed the largest murabaha syndicated deal of the…
EDBE’s Loans Portfolio Registers EGP 6.2 Bln In Q1
Loans credit facilities portfolio of Export Development Bank retreated 3%, or EGP 194.3 million, totaling to EGP…
Morgan Stanley Reduces Stake In KPN To 4.93%
Morgan Stanley has lowered its stake in Dutch telecommunications company Royal KPN NV to 4.93% from 10.01%,…
Bank Of England Raises Inflation Outlook
The Bank of England on Wednesday raised its short-term outlook on consumer-price inflation, and also lowered its…
NBE’s SMEs Loans Registers EGP 2.1 Bln In April
National Bank of Egypt’s (NBE) loans to SMEs registered an increase of EGP 500 million, totaling EGP 2.1 billion…
New Bankruptcy Law To Ensure Legal Sustainability
The head of Dubai Economic Council has said the country's new financial restructuring and bankruptcy law will…
Greeks Withdraw Funds From Banks
Greece's political leaders meet on Wednesday to form a caretaker government to take it to a second election in just…
EU Countries Seek Deal On Basel III Regulations
European Union finance ministers are making a renewed attempt to hammer out an accord on boosting the amount of…