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Islamic Development Bank Signs US$ 2 Bln Co-Financing Agreement With KDB
Islamic Development Bank (IDB) signed a Framework Co-financing Agreement (FCA) with Korea Development Bank (KDB) at…
Barclays Lowers Lebanon’s GDP Forecast On Political Tensions
Barclays Capital revised downward its projection for real GDP growth in Lebanon to 3.1 percent in 2012 from an…
Lebanon’s Bank Audi Sells Stake In LIA To Saham
Lebanon-based Bank Audi finalized its sale Wednesday of a majority stake in its LIA unit – an estimated over-$100…
Bahrain Issues 10-Yr Dollar Bonds
The Central Bank of Bahrain (CBB) announces the successful launch of the latest development bond issuance of the…
Oman Sets Islamic Finance Regulations This Year
A regulatory framework for Islamic finance is taking shape in Oman as government bodies move towards meeting the…
Tunisian President Dismisses Central Bank Governor
Tunisian President Moncef Marzouki sacked on Wednesday the country's central bank governor, Mustapha Nabli,…
United Bank to Inject EGP 150 Mln In SMEs Portfolio This Year
The United Bank targets injecting EGP 150 million to SMEs portfolio to finance these enterprises in compliance with…
NBE Mulls Bridge Loan of EGP 150 For EDEPC
The National Bank of Egypt (NBE) studies a proposal submitted by East Delta Electricity Production Company (EDEPC),…
Banque Misr Considers a EGP 3 Bln Islamic Finance To Misr Financial Investments
Banque Misr studies providing long-term sharia-compliant finance worth EGP 3 billion to Misr Financial Investments…
A Communiqué Accuses CBE’s Officials Of Squandering Public Fund
Eng. Amr Ahmed Moussa- director general of information technology internal audit and payment systems in Central…