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Banks
37% Of Dubai SME 100 Companies Prefer Emirates NBD
Emirates NBD, a leading bank in the region, announced that it was the preferred banking partner for 37 of the 100…
Dubai Banks’ Profits Declines 35% In Q1
The net profits of Dubai-based banks dipped by nearly 35 per cent in the first quarter of 2012 and the bulk of the…
9th Annual IFSB Summit Discusses Global Financial Reforms
The 9th Annual Summit of the Islamic Financial Services Board (IFSB) which is scheduled to be held at the Swissotel…
Malaysia’s Zeti Emphasizes Economic Well-being Challenge of Islamic Finance
The advancements the Islamic finance industry has made in the last decade have resulted in wide-ranging new…
Egypt – Saudi Arabia Tension Affects Egyptian CDs In Arab Countries
Sources expected Egyptian dollar certificates of deposit to be affected after Saudi Arabia shut its embassy in…
Piraeus Bank Launches Credit Cards Next Week
Piraeus Bank-Egypt will launch a variety of credit cards next week, official sources told Amwal Al Ghad. Sources…
United Bank To Offer EGP 90 Mln Islamic Loan To Tawfeek Financial Lease
United Bank approves offering Islamic sharia-compliant finance with value of EGP 90 million to Al Tawfeek Co. for…
UAE’s National Bank Of Fujairah Q1 Profit Records Dhs64.5 Mln
National Bank of Fujairah PSC (NBF) recorded a net profit of Dhs64.5m for the three month period ended 31 March…
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…
