Banks Italy Banks Bad Loans Underline Southern Europe Malaise Yomna Yasser Aug 1, 2013 0 Italian banks are more reluctant to lend as a recession saddles them with mounting bad debt, highlighting a growing…
Banks Moody’s Downgrades Egypt’s Bank Of Alexandria; Negative Outlook Yomna Yasser Aug 1, 2013 0 Moody's Investors Service downgraded Egypt's Bank of Alexandria's (BALX) local-currency deposit rating for one…
Tech news Telecom Italia Is Said to Plan $13 Billion Network Spending Yomna Yasser May 30, 2013 0 Telecom Italia SpA (TIT) is planning 10 billion euros ($13 billion) in fiber-optic investments for its…
Banks Intesa Sanpaolo Named Best Bank In Italy By Global Finance Administrator Apr 10, 2013 0 Intesa Sanpaolo has been awarded by the American magazine GLOBAL FINANCE as “Best Bank in Italy” in the category…
Banks Kuwait’s Burgan Bank Looks To Egypt For Potential Acquisitions Yomna Yasser Apr 9, 2013 0 Kuwait-based Burgan Bank is looking at potential acquisitions in Egypt to step up international expansion and is…
Tech news Telecom Italia Rejects Sawiris’ €3 Bln Offer Yomna Yasser Dec 9, 2012 0 Telecom Italia (TLIT.MI) on Thursday rejected a 3 billion euro ($3.9 billion) investment offer from Egyptian tycoon…
Tech news Egypt’s Sawiris Eying Brazil’s GVT In T. Italia Bid-Reports Yomna Yasser Nov 13, 2012 0 The Egyptian tycoon Naguib Sawiris has offered to buy a stake in Telecom Italia with a view to helping fund the…
Tech news Billionaire Sawiris Makes Offer For Telecom Italia Stake Yomna Yasser Nov 12, 2012 0 Egyptian billionaire Naguib Sawiris, founder of Orascom Telecom Holding SAE (ORTE.CA), offered to acquire…
Banks Alex Bank Sale Lawsuit Adjourned To December 17th Administrator Oct 15, 2012 0 The State Commissioners Authority at the Administrative Court postponed the case raised for nullifying the sale of…
Banks Alex Bank Celebrates Customer Satisfaction Day Administrator Oct 8, 2012 0 Alex Bank has celebrated today the customer satisfaction day for the second year in its branches, administrations…