Swiss authorities on Wednesday raided the offices of British banking giant HSBC’s Swiss unit as part of …
HSBC
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Etisalat Egypt signed US$120 million agreement with HSBC and National Bank of Abu Dhabi (NBAD). The company …
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International News
Denials Continue Despite MPs Hearing of HSBC Tax Evasion Claims in 2011
by Noha Gadby Noha GadDowning Street insists it had no warning of HSBC wrongdoing, despite revelation MPs had known about ‘disc …
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China’s annual consumer inflation hit a five-year low in January while factory deflation worsened, underscoring deepening weakness …
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Britain’s biggest bank helped wealthy clients cheat the UK out of millions of pounds in tax, the …
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Further devaluation of Egyptian pound is expected during 2015 and 2016, according to a report issued by …
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Banks
Banks to Arrange $1.5bn Loan for Egypt to Repay Foreign Energy Firms
by Yomna Yasserby Yomna YasserHSBC, National Bank of Egypt, and National Bank of Abu Dhabi will arrange a $1.5 billion syndicated …
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Banks
Vodafone Egypt, 7 Banks Ink EGP4bn Credit Facility Contract Today
by Salma Aymanby Salma AymanVodafone Egypt will be signing today credit facility contract worth EGP4 billion with 7 Egyptian banks. The …
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Five banks have been collectively fined £2bn by UK and US regulators for traders’ attempted manipulation of …
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Tech news
Vodafone Egypt in Talks with 7 Banks over $560mn Credit Line
by Salma Aymanby Salma AymanVodafone Egypt, the country’s largest mobile carrier, said on Sunday it was negotiating a 4 billion Egyptian …