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Banks
CBE Reduces Number Of FX Auctions To Three A Week
The Central Bank of Egypt (CBE) decided to reduce the number of FX auctions to three auctions this week as it…
Egypt Offers US$ 1 Bln T-Bills Today
The Egyptian Ministry of Finance will offer one-year dollar-denominated treasury bills worth US$ 1 billion on…
QIB To Launch Aamaly To Support Smes
Qatar Islamic Bank ( QIB ), the largest Islamic bank in Qatar, is launching a new programme aimed specifically at…
ANB Opens High-Tech Branch At MOH Riyadh
ARAB National Bank (ANB) recently inaugurated its new high-tech Ministry of Health branch located inside Dahbab…
Egypt’s PM To Liquidate CBE’s “Black Fund”
The Egyptian Prime Minister Hisham Kandil will issue a decree within the coming hours to liquidate the banking…
Growing Number Of Mid East Shariah-Compliant Funds Launch In Luxembourg
Luxembourg ranks fifth worldwide by number of Shariah compliant funds and the number of Middle East-based managers…
Amwal Al Ghad Reveals Contributions To EGP 1.3 Bln Loan For Hype Park
The National Bank of Egypt (NBE) has assigned banks to contribute EGP 900 million to the EGP 1.3 billion loan it…
Exclusive: Egypt’s PM Determines Monthly Salaries Of Banks’ Chairmen
The Egyptian Prime Minister Hisham Kandil will issue a decree within the coming hours determining the net monthly…
QNB Financial Results For The Year Ended December 31, 2012
• Net Profit reached QR8.3 billion, up by 11.1% from 2011 • Total Assets stood at QR367 billion, up by 21.5% from…
ABC Egypt Offered EGP 1.26 Bln Credit Facilities For Companies
The Arab Banking Corporation – Egypt’s (ABC) corporate credit facilities portfolio registered EGP 1.26 billion at…