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Banks
Bank Nizwa Launches First IPO Roadshow
The first investor roadshow for Oman's Bank Nizwa Initial Public Offering (IPO) was held in Nizwa last week.…
Lebanon’s Private Sector’s Loans Exceed Public Ones
Vice Governor of Central Bank of Lebanon, Saad Andari said loans to the private sector exceeded the credit line…
Commercial Deposits of Omani Banks Surges 17.5%
Total value of private deposits at the commercial banks in Oman as of end January and February 2012 rose by 17.5…
Fitch: Indian Banks Likely Need $50 Bln Under Basel
Indian lenders may have to raise as much as $50 billion to add to their retained earnings to meet Basel III capital…
Fayza Aboulnaga: Saudi Arabia To Aid Egypt
Saudi Arabia “will start implementing” a financial aid package to Egypt this month with a $1 billion deposit in the…
BNP To Sell Assets For Boosting Firepower
BNP Paribas, France's No.1 listed bank, said on Friday it had almost wrapped up its plan to sell assets and cut…
AAIB Disbursed 80,000 Yellow Remittances
Arab African International Bank (AAIB) disbursed EGP 320 million, the value of 80 thousand yellow remittances out…
SFD Receives EGP 300 mln to finance Micro-Business
Social Fund for Development (SFD) signed EGP 300 million contracts to finance micro-enterprises in commercial,…
NBE’s Credit Facilities To Petroleum Sector Reaches EGP 20 Bln
The National Bank of Egypt (NBE) directly offered loans, participated in syndicated loans and covered letters of…
Barclays’ Amal Moussa Wins Shine Recognition Award
Amal Moussa - BBE Head of Legal - was awarded the Barclays Group Shine Recognition Award during the Legal Open…