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Banks
Omani Bank Muscat To Raise US$ 251.5 Mln From Rights Issue
Bank Muscat, the flagship financial institution in Oman, is all set to raise RO 96.7 million (US$ 251.50 million)…
Barclays’ Diamond Blames Regulators
Robert Diamond, who quit this week as chief executive officer of Barclays Plc (BARC), sought to blame other banks…
CréditAgricole Egypt Hosts Conference to Support Egyptian Import and Export
CréditAgricole Egypt hosted a seminar today titled "Supporting Trade and Investment" for Egyptiancompaniesin…
Barclays’ Diamond Faces Angry Lawmakers On Libor Scandal
Bob Diamond, CEO of Barclays, faces critical British lawmakers on Wednesday, a day after quitting over an interest…
Alex Bank To Inject EGP 500 Mln In Retail Loans Portfolio In 2nd Half Of 2012
Alex Bank- Intesa San Paolo targets injecting EGP 500 million in retail banking portfolio in the second half of the…
Misr Iran Loan Portfolio Falls By EGP 100 Mln
Misr Iran Development Bank (MIDB)’s loan portfolio has declined by EGP 100 million, recording EGP 3.9 billion, at…
HSBC Launches US$100 Mln Water Program
HSBC launched HSBC Water Program, a new $100 million, five-year partnership with WWF, WaterAid and Earthwatch to…
AIB Mulls Offering EGP 100 Mln Credit Facilities To SODIC.. Company Negates
The Six of October Development and Investment Company (SODIC) requested about EGP 100 million credit facilities…
NBAD Launches Operations in Malaysia
The National Bank of Abu Dhabi (NBAD), the Number One Bank in the United Arab Emirates (UAE), launched its wholly…
EALB Settled EGP 800 Mln Bad Debts In FY 2012/13
The Egyptian Arab Land Bank (EALB) has settled bad debts worth EGP 800 million in FY 2011/2012. The bank settled…