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Banks
Bank Of Japan Adopts Firm Target Of 2% Inflation
The Bank of Japan on Tuesday announced a major change in its policy stance, adopting a target to achieve a 2%…
Egypt Cancels Sale Of T-Bonds Worth EGP 2 Bln On Monday
The Egyptian Ministry of Finance failed on Monday to sell T-bonds worth EGP 2 billion because banks have demanded…
NBE Allocates EGP 120 Mln For 55 Brick Factories In Behira
The National Bank of Egypt (NBE) allocated EGP 120 million to finance 55 brick factories in Behira City in order to…
Al Baraka Bank Egypt’s Net Profit Hit EGP 135 Mln In 2012
Al Baraka Bank of Egypt’s net profit surged to EGP 135.7 million at the end of 2012, compared to EGP 100.1 million…
Misr Iran Bank Eyes 25% Profit Increase In 2013
Misr Iran Development Bank achieved profit of EGP 300 million before deducting taxes and provisions at the end of…
Exclusive: Alaa Mubarak Has 10 NBE Bank Accounts Worth EGP 120 Mln
Much talk has been raised about the wealth of the Egyptian deposed President Hosni Mubarak’s family before and…
QIB Profits At QAR1.24bn; Assets Rise By 25.6%
Qatar Islamic Bank ( QIB ) has announced a net profit of QR1.24bn for the year 2012. QIB Board of Directors has…
NBK Reports Net Profits Of USD 1,085 Million In 2012
National Bank of Kuwait ( NBK ), the largest Kuwaiti bank and the highest-rated in the Middle East, reported net…
7 Banks To Contribute US$ 305 Mln To Ethylene Loan: Sources
Seven banks are set to contribute US$ 305 million to the US$ 1.250 billion loan arranged by the National Bank of…
Egypt Sells 91-, 266-Day T-Bills Worth EGP 4 Bln
The Egyptian Ministry of Finance sold 91- and 266-day T-bills worth 4 billion on Sunday. The return on 91-day…