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Banks
Egypt Economy Grows 1.8% In H1
Egypt’s economy grew between 1.8 and 2 percent in the fiscal year that ended in June 2012, the country’s finance…
NBE Signs 2nd Debt Settlement Agreement With Magdi Yacoub
The National Bank of Egypt (NBE) signed the final agreement of the second stage of settling bad debts owed by the…
IMF: Libya Economic Growth Doubling This Year
Libya’s economy is likely to rebound sharply this year from a deep contraction in 2011 as the country rebuilds from…
Banque Misr Issued LCs Worth US$ 500 Mln For EGPC
Banque Misr issued letters of credit (LCs) worth US$ 500 million for the Egyptian General Petroleum Corporation…
NBE Negotiates with 4 International Institutions Over EGP 750 Mln SMEs Finance
The National Bank of Egypt (NBE) is negotiating with four international institutions over getting finances worth…
UAE Witnesses Credit Growth
The UAE has witnessed credit growth, and that positive development will help the country’s economy continues to…
U.A.E. Banks To Hold 10% Liabilities In Liquid Assets
Banks in the United Arab Emirates will be required to comply with four so-called “liquidity ratios” to help them…
Bankmuscat Extends Support To Gulf Sports Media Association
BankMuscat, the flagship financial institution in the Sultanate, has extended support to Gulf Sports Media…
Bankmuscat Ranked Among Top Global Banks
BankMuscat, the flagship financial institution in the Sultanate, has earned a creditable 373rd ranking among the…
NBE, Banque Misr Invite Banks To Contribute To MAF Syndicated Loan
The National Bank of Egypt (NBE) and Banque Misr will invite other banks to contribute to the syndicated loan worth…