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Banks
AlexBank Disbursed 100,000 Yellow Remittances
AlexBank Sao Paulo disbursed EGP 400 million the value of 100 thousand yellow remittances, money owed by Iraq to…
CBE Offers EGP 5 Bln T-Bills Today
Central Bank of Egypt will offer EGP 5 billion Egyptian pounds ($828 million) of treasury bills after two…
NBE launches Dollar CDs For Egyptians Abroad
The National Bank of Egypt (NBE), The country's leading bank with assets exceeding $50bn, announced the launch of…
BofA US$8.5 Bln Mortgage Pact Receives Objection
Bank of America Corp's proposed $8.5 billion mortgage bond settlement received fresh opposition on Tuesday from New…
Omani Banks Revenues Surge 11% In 2011
The banking industry in Oman witnessed 11 per cent increase in revenues in 2011. Bank profits saw a more modest…
QNB Makes Higher Bid For Dexia Turkish Unit
Qatar National Bank has made a revised, higher bid for Denizbank, the Turkish unit of stricken Belgian lender…
Oman’s Bank Sohar’s Net Profit Rises 74%
Bank Sohar said its net profit shot up 74 per cent for the first quarter of 2012 at RO5.3 million, thanks to a…
Qatar Islamic Bank Posts 388 Mln Riyals In Q1 Net Profit
Qatar Islamic Bank (QIB), the Gulf state's second-largest lender by market value, posted a 20.9 percent jump in…
Emirates NBD AM Improves Liquidity On Fixed Income Fund
Emirates NBD Asset Management (Emirates NBD AM), one of the largest asset managers in the region, announced that…
United Bank Settles EGP 5 Bln Loans In Last Three Years
United Bank reduced non-performing loans portfolio from EGP 6.1 billion to less than EGP one billion in the last…
