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Banks
Egyptian Gulf Bank profit declines by EGP 100 m
Egyptian Gulf Bank (EGB)’s profit declined by EGP 100 million, reaching EGP 52.8 million in 2010, compared with EGP…
Standard Chartered named best investment bank in UAE
Standard Chartered Bank got the annual Global Finance Magazine award of “best investment bank in UAE”.Global…
AUB Group studies offering Islamic mortgage products
Ahli United Bank Group (AUB) is currently studying offering Islamic sharia-compliant mortgage products. AUB is…
First Gulf approves 100% cash dividend and 100% bonus shares
First Gulf Bank PJSC, headquartered in Abu Dhabi, concluded its Annual General Meeting on February 29, 2012 .The…
Gulf Finance House registered USD 381 thousand in 2011 net profit
Gulf Finance House’s financial results showed that it returned to profitability despite a challenging year, thanks…
Amer: Islamic Banks Aren’t Activated Yet
Tarek Amer, Chairman of National Bank of Egypt, affirmed that the 40-year-old Islamic banks in Egypt have not…
Standard Chartered profits rise 11% on Asia growth
Standard Chartered announced a 11% rise to $6.8bn (£4.26bn) in 2011 profits for the ninth successive year, thanks…
NBE to sign EGP 50 m franchise contract with Social Fund
National bank of Egypt (NBE) plans to sign a franchise contract with the Social fund for Development whose value is…
AUB launches EGP 25 m fund by Q2
Ahli United Bank (AUB) launches a new investment fund whose capital is EGP 25 million, by the beginning of the…
Al Baraka Bank Sudan elects Adnan Ahmed Yousif, announces a 14% surge in 2011 net income
Al Baraka Bank Sudan, one of the banking units of Al Baraka Banking Group BSC (ABG), elected Mr. Adnan Ahmed…
