Rasmala Egypt to launch two new funds to increase AUMs
Asset management firm, Rasmala Egypt seeks to launch two new funds in the Egyptian market during the next four…
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funds
Egypt’s stock exchange mulls restructuring of indices
The Egyptian Exchange’s (EGX) board of director is looking to restructure the main indices of the stock market.
Egypt’s NBE bank OKs 3 bln pounds funds to mortgage finance initiative
National Bank of Egypt (NBE), the country’s largest state lender, has approved financing requests for around 3,000…
Egypt’s Amlak to inject 350 mln pounds funds this year
Egypt’s Amlak Finance and Real Estate Investment Company plans to pump funding worth 350 million Egyptian pounds…
Egypt’s state-run banks to release high-yield deposit certificates issued in 2016
Egypt's state banks said they will start releasing this month the funds of clients who invested in high-yield…
Switzerland returns $34 mln of Ahmed Ezz’s frozen funds to Egypt
Switzerland has returned CHF 32 million ($34 million) of businessman Ahmed Ezz’s frozen assets to Egypt last…
Global Lease to inject funds of 1 bln during 2018
Global Lease Company aims to pump funds 1 billion Egyptian pounds ($56 billion) during 2018, the company CEO Hatem…
BM Leasing seeks to pump funds of 1 bln pounds in 2018
BM for Financial Leasing (BM Lease) aims to pump funds in the market of 1 billion Egyptian pounds ($56 billion)…
RBS to pay $125M to settle California mortgage bond claims
Royal Bank of Scotland Group Plc will pay $125 million to resolve claims that it made misrepresentations while…
Egypt to receive funds and grants worth $25.5 bln at end-2017
The total funds and grants Egypt that has received from development partners at the end of the financial year…
