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Saudi Arabia To Unveil First Tender For Solar Energy In Early 2013
Solar Reserve LLC, a US maker of technology that uses sunlight for power, plans multiple bids for Saudi Arabia's…
Banque Misr Injects EGP 500 Mln To SMEs Portfolio In FY 2012/13
Banque Misr targets to inject EGP 500 million to small and medium enterprises (SMEs) raising the value of SMEs…
Citigroup’s Posts $ 2.9 billion Profits for H1, 2012
Despite The ongoing financial crisis “European sovereign debt crisis” as well as the political tensions witnessed…
IMF Economist Accuses Fund Of Suppressing Information
A veteran economist at the International Monetary Fund has accused the global lender of suppressing information on…
NBE, Banque Misr In Talks With SFD Over SMEs Financing Contracts
The National Bank of Egypt (NBE) and Banque Misr are currently conducting negotiations with the Social Fund for…
Loan To Suez Steel Up By US$ 100 Mln
Five banks have provided Suez Steel Company with credit facilities of US$ 100 million to which Arab African…
Certificates Of Deposit Tender Results
Certificates of deposit (Issue No 777) tender was held at the Central Bank of Oman (CBO) last week. The total…
Capital Intelligence Affirms Ratings Of Bank Aljazira
Capital Intelligence (CI), the international credit rating agency, announced that it has affirmed the ratings of…
Islamic Bank Of Britain Boosts Efforts To Attract Ethical Savers
As consumer dissatisfaction with the UK banking sector continues, the Islamic Bank of Britain plc (IBB) has…
Wall Street Seeks Patience After Worst 1st Half Since ’08
Wall Street’s five biggest banks reported the worst start to a year since 2008. They’re still asking investors to…