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Banks
CIB Markets US$ 175 Mln Ethylene Loan By Mid May
Commercial International Bank plans to market its share in the loan offered to Egyptian Company for Ethylene which…
Saudi Arabia’s Banks Q1 Profit Reports SR9.6 Bln
Saudi Arabia’s 12 major banks reported a total profit of SR9.6 billion in Q1, 2012, reflecting a year-on-year…
Dubai Islamic Bank Q1 Net Profit Registers Dhs245 Mln
Dubai Islamic Bank (DIB) announced its financial results for the three months ending March 31, 2012, demonstrating…
Kuwait’s Warba Bank Signs USD 20 Mln Property Finance Deal
Kuwait lender Warba Bank (WB) has concluded a financing deal to purchase a USD-20-mln property and develop it into…
Al-Moussa To Head Kuwait Commercial Bank
Commercial Bank of Kuwait plans to appoint Ali al-Moussa as chairman and managing director.Al-Moussa will resign…
HSBC Finances Mannai Corporation Over Acquiring Damas
HSBC has announced that it acted as a Lead Financier for Mannai Corporation QSC on its successful bid to acquire…
CBE Sells T-bills For EGP 2 Bln
Ministry of Finance said the yield on treasury bills rose and the Central Bank of Egypt sold only EGP 2 billion…
CréditAgricole Egypt distributes the prizes to the winners ofthe competition Series…
Crédit Agricole Egypt held a ceremony to deliver the prizes to the first round of the winners of the competition of…
Ahli United Bank To Launch Alpha Fund In Q3
Ahli United Bank-Egypt delayed launching its second mutual fund “Alpha Fund” to the third quarter of the current…
Shura Council: Government ‘Special Funds’ Worth EGP 47.4 Bln
Central Auditing Organization (CAO) said there are 6361 accounts for government ‘special funds’ that worth EGP 47.4…