International News Xinhua’s Top 10 world News Events In 2012 Administrator Dec 30, 2012 0 The following were the top 10 news events around the world in 2012 as selected by Xinhua (in chronological order):…
Banks S&P Cuts 3 Egyptian Banks To ‘B-/C’ After Sovereign Action Administrator Dec 26, 2012 0 The rating actions on NBE, BM, and CIB follow our lowering of the long-term ratings on the Arab Republic of Egypt…
Egypt News Worried Egypt Slaps New Controls On travelling With Cash Administrator Dec 26, 2012 0 Egypt has banned travellers from carrying more than $10,000 in foreign currency in or out of the country, as…
Banks S&P’s: Egyptian Banks 8th Lowest In Risk Exposure Administrator Dec 5, 2012 0 The Egyptian banking sector was ranked the eighth globally in terms of risk exposure, while Swiss and Canadian…
Banks $39,92 mln JIB’s Profits After Tax At End of September 2012 Administrator Oct 21, 2012 0 The financial statements of Jordan Islamic Bank (JIB) indicated a continuation in profits’ growth till 30/9/2012.…
Financial Institutions MetLife Alico Egypt Posted EGP 326 Mln Premiums Administrator Oct 4, 2012 0 MetLife Alico Egypt achieved direct premiums of EGP 326 million at the end of last June, up from EGP 268 million.…
Banks Ringgit Sukuk Potential Big Amwal Al Ghad English Sep 15, 2012 0 Several recent landmark corporate and infrastructure sukuk by companies in the GCC issuing in Malaysian ringgit may…
International News Fitch Says No Downgrade If Spain Seeks Full Bailout Amwal Al Ghad English Aug 25, 2012 0 Fitch Ratings said on Friday it would not downgrade Spain’s credit rating if it seeks a full-blown sovereign…
Egypt News Egypt Credit Watch Rating Lifted: S&P Amwal Al Ghad English Aug 25, 2012 0 Standard & Poor’s has removed Egypt from its watch list and affirmed long and short-term foreign and local…
Banks NBE, BM, CIB Ratings Affirmed At ‘B/B’ Administrator Aug 24, 2012 0 On Aug. 24, 2012, Standard & Poor's Ratings Services affirmed its 'B/B' long- and short-term counterparty…