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Banks
EU Summit: Compromise Deal On Eurozone Bank Supervisor
EU leaders have agreed to set up a single eurozone banking supervisor - a major step towards a banking union. A…
Egypt’s Central Bank Leaves Benchmark Rates Unchanged
Egypt's central bank kept its benchmark interest rates unchanged on Thursday, in a move that will help the…
Audi Bank Nine-Month Net Profit Up 14 Pct
Lebanese lender Audi Bank posted a 14 percent rise in nine-month net profit to $309 million on Thursday, despite…
Egypt’s Banks To Be Closed For Eid El-Adha Holiday
The Central Bank of Egypt (CBE) announced all banks in Egypt will be closed starting from Thursday 25/10/2012 to…
Egyptian Islamic Finance Association Holds Conference On Sukuk Regulations
The Egyptian Islamic Finance Association will hold its second conference on Islamic finance instruments in Port…
Misr Iran 9-Month Profit Hit EGP 180 Mln
Misr Iran Development Bank achieved profit of EGP 180 million at the end of Q3, up from EGP 150 million at the end…
AAIB’s Real Estate Assets Portfolio Hit EGP 8 Mln In September
The Arab African International Bank’s (AAIB) portfolio of real estate assets registered EGP 8 million at the end of…
Mobinil Gets EGP 1.15 Bln First Tranche Of EGP 2.9 Bln Loan
The Egyptian Company for Mobile Services (Mobinil) received EGP 1.150 billion worth of the first tranche of the EGP…
Faisal Bank’s Transactions Up To EGP 39.6 Bln In September
The volume of transactions conducted by Faisal Islamic Bank of Egypt registered EGP 39.6 billion at the end of Q3…
Egypt To Tap Global Sukuk Market After Law Enactment, IMF Loan
Egypt has received interest from foreign banks amounting to $750 million to $1 billion for a sukuk sale after it…