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Al Watany Bank Of Egypt Posts EGP 228 Mln Net Profit
Al Watany Bank of Egypt (AWB) witnessed a noticeable increase of 18.9% in net profit during the first nine months…
Crédit Agricole Egypt’s Deposits Hit EGP 21.165 Bln At End of September
Crédit Agricole Egypt’s deposits portfolio surged by EGP 859.7 million during the first nine months of 2012,…
Al Baraka’s Finances Hit EGP 6.531 Bln At End Of September
Al Baraka Bank Egypt’s portfolio of Murabaha, Mudaraba and Musharaka stood at EGP 6.531 billion at the end of last…
Al Baraka Seeks To Inject Sharia-Compliant EGP 100 Mln To MAF Loan
Al Baraka Bank Egypt conducts negotiations with the National Bank of Egypt (NBE) and Banque Misr to contribute EGP…
QNB Completes Due Diligence On NSGB; US$2.8 Bln Deal May Close Next Week
Qatar National Bank (QNB) has completed the due diligence on the acquisition of a 77.2% stake valued at about US$…
CBE Secures 3rd Tranche Of Qatar’s US$ 2 Bln Deposit
The Minister of Finance Momtaz Al-Saeed announced that the Central Bank of Egypt (CBE) received US$ 500 million…
Barclays Saudi Investigation Adds To Jenkins’s Regulatory Woes
Barclays Plc (BARC) Chief Executive Officer Antony Jenkins, almost two years after his predecessor said it was time…
GIB Picks Banks For $4b Bond
Gulf International Bank (GIB), majority owned by the Saudi Arabian government, has mandated banks to arrange a…
Al Baraka Banking Group Net Profit Rises 12% In Q3
Bahrain-based Islamic lender Al Baraka Banking Group posted a 12 percent rise in third-quarter net profit, the bank…
Faisal Bank’s Finances Hit EGP 3.199 Bln At End Of September
Faisal Islamic Bank of Egypt’s Musharaka and Mudaraba fell by 149.8 billion (4.4%), registering EGP 3.199 billion…