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Banks
EU Fund Outflow From S. Korea Records US$ 18.2 In 2011
European fund outflow from South Korea reached 18.2 billion U.S. dollars last year as debt problems in the euro…
Oman’s Bank Muscat Posts RO33.4 Mln Net Profit In Q1
Bank Muscat announced that its 2012 first-quarter financial results have been approved by the board of…
NBE Detects Three Credit Card Fraud Gangs
Retail Banking Fraud Detection Department at National Bank of Egypt (NBE) has detected an Egyptian criminal…
Qatar’s Barwa Bank Posts QR244 Mln Net Profit In Q1
Qatari Barwa Bank Group recorded very strong growth in both balance sheet and profitability, with Net Income for…
Visa Helps Bring you Egypt Today’s 52 Weekends Festival at Designopolis
Visa Egypt recently collaborated with Egypt Today on the ‘52 Weekends Festival’ held at Designopolis on Friday,…
Four Banks Likely To Issue US$ 1.5 Bln Sovereign Bond In Dubai
Dubai has mandated four banks for a sovereign bond issue of up to $1.5 billion which may be launched as early as…
UAE’s First Gulf Bank Posts 7% Increase In Q1 Net Profit
First Gulf Bank, Abu Dhabi's second-largest bank by market capitalization, posted a 7-percent rise in first-quarter…
NBE Settles Al Nasharty’s Debts After Acquiring Some Of Bankruptcy Assets
The National Bank of Egypt (NBE) approved in principle settling EGP 310 million debt of Amr Al Nasharty, chief of…
Omani Banks To Apply Basel III Next Year
Central Bank of Oman announced that ‘Basel III’ accord, the global regulatory standards on bank capital adequacy,…
Qatar Islamic Bank To Finance Middle East Dredging
Qatar Islamic Bank (QIB), one of the largest Islamic banks in Qatar and one of the top-five Shari'a-compliant banks…
