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Banks
China Construction Bank Profit Rises 25.5 %
China Construction Bank, one of China's four major state-owned lenders, says its 2011 profit rose 25.5% despite…
Global Investment Banks Must Choose To Invest Or Quit Key Areas: Report
Investment banks need to make bold decisions to choose to invest in areas where they have a comparative advantage…
Barclays Eyes Super Rich In Middle East
Barclays is targeting millionaires in emerging markets and squeezing more revenue from super-rich clients with at…
NSGB Raises Capital To EGP 4.4 Bln
Ordinary General Assembly of National Société Générale Bank approved the suggestion of the Board of directors…
Al Hashel To Head Kuwait’s Central Bank
Kuwait's Deputy Prime Minister and Minister of Finance Mustapha Al-Shimali said on Sunday that the cabinet has…
Deficit Posts $ 8 bln During The last 6 Months: CBE
Balance of Payments posted a total deficit of US$ 8 billion in from the period from July to December in FY…
Debts And Provisions… Main Challenges To Apply Basel II in Egypt
A number of experts in the banking sector affirmed that specialized banks will face several challenges to apply the…
Egyptian Refining Negotiates With 7 Banks Over US$ 300 mln
Egyptian Refining Company (ERC), a subsidiary of Citadel Capital, is negotiating with Egyptian banks over opening…
UAE’s FGB lends $350 mln to Indonesia’s AKT
First Gulf Bank, United Arab Emirates’ lender, has announced providing a $350 million loan to one of Indonesian…
Crédit Agricole Egypt unveils “Fidèle Club”, a new brand dedicated to top clients
Crédit Agricole Egypt launched its latest brand “Fidèle Club” tailored to the needs of the upper echelon Egyptian…