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Banks
Banque Du Caire Regains Position Through A 3-Yr Ambitious Strategy: El Zahed
Mounir El Zahed, chairman of Banque Du Caire, revealed the bank’s strategy for the next three years which targets…
Oman’s Govt. Bond Witnesses High Demand
The Central Bank of Oman's RO100 million- government development bond issue, which closed subscription on June 14,…
4 Banks To Offer Alex Hospitals EGP 1.5 Bln Loan
Four Egyptian banks will participate in an EGP 1.5 billion syndicated loan to finance the construction of the EGP…
Fitch Lowers 3 Egyptian Banks’ Rating To ‘B+’; Outlook Negative
Fitch Ratings has downgraded Egypt-based National Bank of Egypt (NBE), its wholly-owned subsidiary, National Bank…
Deposits Return To Greek Banks After Elections
Deposits are trickling back to Greek banks after a conservative victory in Sunday's election assuaged fears the…
Al Ghurair Calls On UAE To Cut Reserve Requirements
A top commercial banker in the United Arab Emirates has urged the central bank to cut some of its reserve…
Al Ansari Exchange Accepts Bills Payments From UNB’s Credit Card Holders
Al Ansari Exchange, the UAE's largest money exchange network that provides worldwide remittance and foreign…
CBE Sells US$526 Mln T-Bills
The Central Bank of Egypt (CBE) sold US$526 million in one-year U.S.-dollar-denominated treasury bills on Tuesday,…
Banking Sector a Possible Bright Spot for Egypt
Depending on whom you talk to, Egyptian bankers deserve either garlands for the prudential way they avoided…
EMRC In Talks To Increase Capital By EGP 5 Mln
Egyptian Mortgage Refinance Company (EMRC) will be discussing next week raising its capital by EGP 5 million, which…