World European shares rise early; Barclays drops after results Yomna Yasser May 6, 2014 0 European shares rose early on Tuesday, mirroring Wall Street's gains following forecast-beating U.S. macro data,…
Tech news Vodafone Egypt Oks Banking Consortium’s Offer for EGP4 bln Loan Salma Ayman Jan 8, 2014 0 Vodafone Egypt approved on consortium agreement for seven banks operating in the Egyptian market in order to…
Tech news Zuckerberg to Sell Facebook Shares Worth about $2.3 Billion Yomna Yasser Dec 19, 2013 0 Facebook Inc founder and CEO Mark Zuckerberg will sell 41.4 million shares worth about $2.3 billion to pay a tax…
Tech news Vodafone Egypt Calls 7 Banks to Arrange Loan with EGP4 bln Salma Ayman Dec 18, 2013 0 Vodafone Egypt called seven banks operating in the domestic market in order to obtain EGP4 billion loan. An…
Banks Barclays Egypt Q3-2013 Pat 49% Up Amwal Al Ghad English Dec 5, 2013 0 Barclays Bank Egypt announced its Q3-2013 financial results where Profit after stood at EGP 325 M, 49% ahead of…
Banks HSBC Said to Reject Euribor Probe Deal as EU Readies Fine Yomna Yasser Nov 6, 2013 0 HSBC Holdings Plc (HSBA) dropped out of talks to settle a European Union antitrust probe into rigging of Euribor…
Banks Barclays Too Shut Wealth Management Services In 130 Countries Amwal Al Ghad English Sep 26, 2013 0 Barclays Plc will stop offering wealth management services in about 130 countries by 2016 and cut jobs in the unit…
EGX OCI Partners LP Launches Initial Public Offering Yomna Yasser Sep 25, 2013 0 OCI N.V. announced on Tuesday that its subsidiary, OCI Partners LP (the “Partnership”), has commenced an initial…
Banks Barclays Decides to Sell UAE Retail Bank After Review Yomna Yasser Sep 3, 2013 0 Barclays Plc has decided to sell its retail banking operations in the United Arab Emirates after conducting a…
Banks Barclays Considers Potential Sale of UAE Retail Business Yomna Yasser Aug 13, 2013 0 Barclays Plc is conducting a strategic review of its retail banking operations in the United Arab Emirates which…