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Banks
Growing Number Of Mid East Shariah-Compliant Funds Launch In Luxembourg
Luxembourg ranks fifth worldwide by number of Shariah compliant funds and the number of Middle East-based managers…
Amwal Al Ghad Reveals Contributions To EGP 1.3 Bln Loan For Hype Park
The National Bank of Egypt (NBE) has assigned banks to contribute EGP 900 million to the EGP 1.3 billion loan it…
Exclusive: Egypt’s PM Determines Monthly Salaries Of Banks’ Chairmen
The Egyptian Prime Minister Hisham Kandil will issue a decree within the coming hours determining the net monthly…
QNB Financial Results For The Year Ended December 31, 2012
• Net Profit reached QR8.3 billion, up by 11.1% from 2011 • Total Assets stood at QR367 billion, up by 21.5% from…
ABC Egypt Offered EGP 1.26 Bln Credit Facilities For Companies
The Arab Banking Corporation – Egypt’s (ABC) corporate credit facilities portfolio registered EGP 1.26 billion at…
Hisham Ramez Named CBE’s Governor For His Competence: Ezz Al-Arab
The Commercial International Bank (CIB) announced that its chairman Hisham Ezz Al-Arab will assume the…
Sukuk Issuance In 2012 Soars 54 Per Cent
Total Sukuk issuance in December reached $8 billion with a 61 per cent increase compared to last year. The report…
CBE Offers US$ 75 Mln To Local Banks On Sunday FX Auction
The Central Bank of Egypt (CBE) offered US$75 million to local banks at foreign currency auction on Sunday,…
Bankdhofar’s First Sharia Board Meeting
The first meeting for the Sharia Supervisory Board of BankDhofar was held on December 26 at the bank's head office…
Bank Muscat, Shinhan Bank Of Korea Sign Co-Operation Pact
Bank Muscat, the flagship financial services provider in the Sultanate, and Shinhan Bank, one of the leading banks…