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Banks
UAE’s Mashreq Bank Launches Unique Travel Program
Mashreq announced the launch of a special Travel program to help customers take off with fabulous offers and…
4 European Countries Agree On €130 Bln Package To Boost Growth
German Chancellor Angela Merkel resisted pressure for common euro zone bonds or a more flexible use of Europe's…
Omani Central Bank Issues RO 211 Mln CDs
Certificates of deposit (Issue No 773) tender was held at the Central Bank of Oman (CBO) last week. The total…
Saudi SABB’s FSR Affirmed At ‘A’
Capital Intelligence (CI), the international credit rating agency, announced that it has affirmed the ratings of…
Barclays Egypt Q1 PAT 78% Up
Barclays Egypt announced its Q1 financial results where Profit after Tax grew to reach EGP 70.953 M, 78% ahead of…
Moody’s Demotes 15 Major Banks
The credit ratings agency Moody's has downgraded 15 global banks and financial institutions. The UK banks…
Lebanese Central Bank’s Balance Sheet Rose By 6% Since Jan.1
The Central Bank of Lebanon’s bi-weekly balance sheet reached US$74.51 billion by mid of June 2012, up by 6% from…
4 Egyptian Banks Disbursed 517,000 Yellow Remittances Worth 1.941 Bln
The National Bank of Egypt (NBE), Banque Misr, Alex Bank and Arab African International Bank (AAIB) disbursed…
Al Baraka Islamic Bank’s FSR Rating Affirmed At ‘BB’
Capital Intelligence (CI), the international credit rating agency, announced that it has affirmed Bahrain-based Al…
Qatar’s Barwa Bank Acts As Joint Lead Manager In IDB’s Sukuk Issuance
Qatari lender Barwa Bank has said its involvement in the $800 million five-year sukuk for Saudi-based Islamic…