Cairo Amman Bank
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Cairo Amman Bank
The Cairo Amman Bank is a full-service bank in Jordan and Palestine, with head office in Amman. The head office for the Palestinian territories is in Ramallah. The bank operates about 84 branches and offices in Jordan and 21 in the Palestinian territories. CAB currently ranks sixth in Jordan and third in the Palestinian territories based on assets. It is also ranked third in the Palestinian territories based on the number of branches it has. The bank is a member of the Jonet ATM network in Jordan. History Cairo Amman Bank was established on 14 January 1960 as a Jordanian public shareholding company and began its banking services on 1 July 1960. At the time, Egypt's Banque du Caire converted its branch in Amman, Jordan, into a locally owned and registered company; Banque du Caire retained a minority position in the bank (12% in 1999), but has since withdrawn almost completely, with Egypt's Banque Misr Banque Misr ( ar, بنك مصر) is an Egyptian bank co-founded by industriali ...
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Wadi Saqra
Wadi ( ar, وَادِي, wādī), alternatively ''wād'' ( ar, وَاد), North African Arabic Oued, is the Arabic term traditionally referring to a valley. In some instances, it may refer to a wet (ephemeral) riverbed that contains water only when heavy rain occurs. Etymology The term ' is very widely found in Arabic toponyms. Some Spanish toponyms are derived from Andalusian Arabic where ' was used to mean a permanent river, for example: Guadalcanal from ''wādī al-qanāl'' ( ar, وَادِي الْقَنَال, "river of refreshment stalls"), Guadalajara from ''wādī al-ḥijārah'' ( ar, وَادِي الْحِجَارَة, "river of stones"), or Guadalquivir, from ''al-wādī al-kabīr'' ( ar, اَلْوَادِي الْكَبِير, "the great river"). General morphology and processes Wadis are located on gently sloping, nearly flat parts of deserts; commonly they begin on the distal portions of alluvial fans and extend to inland sabkhas or dry lakes. In basin and ran ...
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Jordan
Jordan ( ar, الأردن; tr. ' ), officially the Hashemite Kingdom of Jordan,; tr. ' is a country in Western Asia. It is situated at the crossroads of Asia, Africa, and Europe, within the Levant region, on the East Bank of the Jordan River. Jordan is bordered by Saudi Arabia to the south and east, Iraq to the northeast, Syria to the north, and the Palestinian West Bank, Israel, and the Dead Sea to the west. It has a coastline in its southwest on the Gulf of Aqaba's Red Sea, which separates Jordan from Egypt. Amman is Jordan's capital and largest city, as well as its economic, political, and cultural centre. Modern-day Jordan has been inhabited by humans since the Paleolithic period. Three stable kingdoms emerged there at the end of the Bronze Age: Ammon, Moab and Edom. In the third century BC, the Arab Nabataeans established their Kingdom with Petra as the capital. Later rulers of the Transjordan region include the Assyrian, Babylonian, Roman, Byzantine, Rashidun ...
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Banque Du Caire
Banque du Caire is a bank in Egypt, founded in 1952; is one of the oldest and largest Egyptian banks providing its clients with an integrated and diversified package of banking services and products designed specifically to meet their needs. As a result of its efforts, the Bank received various awards over its six decades of operation. Banque du Caire (BdC) is one of Egypt’s deep-rooted and largest Banks, providing its retail, Small and Medium Enterprise (SMEs), Micro-enterprises, and corporate clients with a comprehensive range of banking solutions to meet their financial goals all tied together with some of the country’s leading digital solution offerings. The bank has worked on the institutionalization of microfinance across banks to promote financial inclusion. It also operates digital banking frameworks for both retail and corporate clients. The bank launched a corporate leasing venture in 2018, Cairo leasing Corporation (CLC). Banque du Caire also offers access to C ...
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Finance
Finance is the study and discipline of money, currency and capital assets. It is related to, but not synonymous with economics, the study of production, distribution, and consumption of money, assets, goods and services (the discipline of financial economics bridges the two). Finance activities take place in financial systems at various scopes, thus the field can be roughly divided into personal, corporate, and public finance. In a financial system, assets are bought, sold, or traded as financial instruments, such as currencies, loans, bonds, shares, stocks, options, futures, etc. Assets can also be banked, invested, and insured to maximize value and minimize loss. In practice, risks are always present in any financial action and entities. A broad range of subfields within finance exist due to its wide scope. Asset, money, risk and investment management aim to maximize value and minimize volatility. Financial analysis is viability, stability, and profitability asse ...
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Financial Services
Financial services are the Service (economics), economic services provided by the finance industry, which encompasses a broad range of businesses that manage money, including credit unions, banks, credit-card companies, insurance companies, accountancy companies, consumer finance, consumer-finance companies, brokerage firm, stock brokerages, investment management, investment funds, individual asset managers, and some government-sponsored enterprises. History The term "financial services" became more prevalent in the United States partly as a result of the Gramm-Leach-Bliley Act, GrammLeachBliley Act of the late 1990s, which enabled different types of companies operating in the U.S. financial services industry at that time to merge. Companies usually have two distinct approaches to this new type of business. One approach would be a bank that simply buys an insurance company or an investment bank, keeps the original brands of the acquired firm, and adds the Takeover, acquisit ...
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Bank
A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. Because banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of regulation over banks. Most countries have institutionalized a system known as fractional reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but in many ways functioned as a continuation of ideas and concepts of credit and lending that had their roots in the a ...
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State Of Palestine
Palestine ( ar, فلسطين, Filasṭīn), Legal status of the State of Palestine, officially the State of Palestine ( ar, دولة فلسطين, Dawlat Filasṭīn, label=none), is a state (polity), state located in Western Asia. Officially governed by the Palestine Liberation Organization (PLO), it claims the West Bank, including East Jerusalem, and the Gaza Strip as its territory, though the entirety of that territory has been Israeli-occupied territories, occupied by Israel since the 1967 Six-Day War. As a result of the Oslo Accords of 1993–1995, the West Bank is currently divided into 165 Palestinian enclaves that are under partial Palestinian National Authority (PNA) rule; the remainder, including 200 Israeli settlement, Israeli settlements, is under Area C (West Bank), full Israeli control. The Gaza Strip has been ruled by the militant Islamic group Hamas and has been subject to Blockade of the Gaza Strip, a long-term blockade by Egypt and Israel since 2007. After W ...
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Amman
Amman (; ar, عَمَّان, ' ; Ammonite language, Ammonite: 𐤓𐤁𐤕 𐤏𐤌𐤍 ''Rabat ʻAmān'') is the capital and largest city of Jordan, and the country's economic, political, and cultural center. With a population of 4,061,150 as of 2021, Amman is Jordan's primate city and is the List of largest cities in the Levant region by population, largest city in the Levant region, the list of largest cities in the Arab world, fifth-largest city in the Arab world, and the list of largest metropolitan areas of the Middle East, ninth largest metropolitan area in the Middle East. The earliest evidence of settlement in Amman dates to the 8th millennium BC, in a Neolithic site known as ʿAin Ghazal, 'Ain Ghazal, where the world's ʿAin Ghazal statues, oldest statues of the human form have been unearthed. During the Iron Age, the city was known as Rabat Aman and served as the capital of the Ammon, Ammonite Kingdom. In the 3rd century BC, Ptolemy II Philadelphus, Pharaoh of Ptole ...
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Ramallah
Ramallah ( , ; ar, رام الله, , God's Height) is a Palestinian city in the central West Bank that serves as the ''de facto'' administrative capital of the State of Palestine. It is situated on the Judaean Mountains, north of Jerusalem, at an average elevation of above sea level, adjacent to al-Bireh. Ramallah has buildings containing masonry from the period of Herod the Great, but no complete building predates the Crusades of the 11th century. The modern city was founded during the 16th century by the Hadadeens, an Arab Christian clan descended from Ghassanids. In 1517, the city was incorporated into the Ottoman Empire, and in 1920, it became part of British Mandatory Palestine after it was captured by the United Kingdom during World War I. The 1948 Arab–Israeli War saw the entire West Bank, including Ramallah, occupied and annexed by Transjordan. Ramallah was later captured by Israel in the 1967 Six-Day War. Since the 1995 Oslo Accords, Ramallah has been go ...
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Branch (banking)
A branch, banking center or financial center is a retail location where a bank, credit union, or other financial institution (including a brokerage firm) offers a wide array of face-to-face and automated services to its customers. History and description During the 3rd century banks in Persia (now Iran) and in other territories started to issue letters of credit known as Sakks, basically checks in today’s language, that could be traded in cooperative houses or offices throughout the Persian territories. In the period from 1100-1300 banking started to expand across Europe and banks began opening ‘branches’ in remote, foreign locations to support international trade. In 1327, Avignon in France had 43 branches of Italian banking houses alone. The practice of opening satellite branches was popularized in the early 20th century by Amadeo Giannini, then head of the Bank of America. Historically, branches were housed in imposing buildings, often in a neoclassical style of arc ...
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Egypt
Egypt ( ar, مصر , ), officially the Arab Republic of Egypt, is a transcontinental country spanning the northeast corner of Africa and southwest corner of Asia via a land bridge formed by the Sinai Peninsula. It is bordered by the Mediterranean Sea to the north, the Gaza Strip of Palestine and Israel to the northeast, the Red Sea to the east, Sudan to the south, and Libya to the west. The Gulf of Aqaba in the northeast separates Egypt from Jordan and Saudi Arabia. Cairo is the capital and largest city of Egypt, while Alexandria, the second-largest city, is an important industrial and tourist hub at the Mediterranean coast. At approximately 100 million inhabitants, Egypt is the 14th-most populated country in the world. Egypt has one of the longest histories of any country, tracing its heritage along the Nile Delta back to the 6th–4th millennia BCE. Considered a cradle of civilisation, Ancient Egypt saw some of the earliest developments of writing, agriculture, ur ...
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Banque Misr
Banque Misr ( ar, بنك مصر) is an Egyptian bank co-founded by industrialist Joseph Aslan Cattaui Pasha and economist Talaat Harb Pasha in 1920. The government of the United Arab Republic nationalized the bank in 1960. The bank has branch offices in all of Egypt's governorates, and currency exchange and work permit offices for foreign workers in Egypt. History The idea of a national bank of Egypt dates to at least the days of Muhammad Ali, who ordered the establishment of a bank with 700,000 riyals shortly before he became ill and died. Amin Shumayyil wrote an article in favor of the idea in April 26, 1879 in the newspaper Al-Tijara; although a number of Egyptian dignitaries met to discuss the project, the conflict between the Khedive Isma'il Pasha and the National Assembly and subsequent ʻUrabi revolt doomed the idea this time. Revolt leader Ahmed ʻUrabi’s friend Wilfrid Scawen Blunt reports in his memoirs that Urabi had envisioned a “credit bank” for farmer ...
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