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Banks
Qatar In Talks To Acquire United Bank
Verbal negotiations were taking place between Central Bank of Egypt (CBE) and a Qatari sovereign fund over…
Barclays Egypt Hosts Ceremony For Commercial Banking And Corporate Credit Risk
Barclays Bank Egypt held a festive ceremony to recognize Commercial Banking and Corporate Credit Risk colleagues…
AlexBank Mortgage Reports EGP 100 Mln In March
AlexBank, subsidiary of Intesa Sanpaolo Group, reported EGP 100 million in mortgage portfolio at the end of last…
Oman Islamic Bank Nizwa Eyes US$156m IPO
Omani lender Bank Nizwa, the sultanate's first Islamic bank, plans to raise US$156m by selling 40 percent of…
NBK Posts $292 Mln Net Profit For Q1 2012
National Bank of Kuwait (NBK), the largest Kuwaiti bank and the highest-rated in the Middle East, reported net…
Qatar’s Al Khaliji Launches Visa Infinite Credit Card
Al Khalij Commercial Bank (Al Khaliji) Q.S.C. announced the latest addition to their credit card portfolio, the 'al…
US-Backed Kim To Head World Bank
The World Bank on Monday chose Korean-born American health expert Jim Yong Kim as its new president, maintaining…
French BPCE To Buy 5% Stake In Morocco’s BCP
French cooperative bank BPCE will buy a 5 percent stake in Morocco's third-biggest lender Banque Centrale Populaire…
Kuwait’s Burgan Bank Lends UASC US$ 150 Mln
Kuwaiti Burgan Bank announced that the bank's Corporate Banking Group has successfully completed a finance deal…
Kuwait’s Warba Bank Signs Two Agreements With Standard Chartered
Kuwait's Warba Bank has signed two agreements with Britain's Standard Chartered to facilitate transactions in Asia,…