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Banks
Bank of America to apply reform impacting millions of customers
Bank of America Corp. is working on sweeping changes that would require many users of basic checking accounts…
Ministry of Finance offers today EGP 7 billion treasury bills
Ministry of Finance has offered 182-and-364-days treasury bills in a bid with value of EGP 7 billion. On its…
Abu Dhabi National Takaful registers over 16% increase in 2011 net profit
Abu Dhabi National Takaful Company P.S.C ("Takaful"), posted a net profit for the year ended 31 December 2011 of…
HSBC opens new branch in Jafza, Dubai free zone
HSBC today announced that it has opened a new 1,600 square foot Customer Service Unit - a dedicated automated…
Misr Insurance won Qanater Assiut bid
Misr Insurance won the bid for Qanater Assiut project after fierce competition. The insurance policy covers all…
Egyptian Gulf Bank profit declines by EGP 100 m
Egyptian Gulf Bank (EGB)’s profit declined by EGP 100 million, reaching EGP 52.8 million in 2010, compared with EGP…
Standard Chartered named best investment bank in UAE
Standard Chartered Bank got the annual Global Finance Magazine award of “best investment bank in UAE”.Global…
AUB Group studies offering Islamic mortgage products
Ahli United Bank Group (AUB) is currently studying offering Islamic sharia-compliant mortgage products. AUB is…
First Gulf approves 100% cash dividend and 100% bonus shares
First Gulf Bank PJSC, headquartered in Abu Dhabi, concluded its Annual General Meeting on February 29, 2012 .The…
Gulf Finance House registered USD 381 thousand in 2011 net profit
Gulf Finance House’s financial results showed that it returned to profitability despite a challenging year, thanks…