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Banks
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…
AAIB Disbursed 112,000 Yellow Remittances Worth EGP 430 Mln
The Arab African International Bank (AAIB) disbursed 112,000 yellow remittances worth EGP 430 million in the sixth…
Misr Iran Won’t Contribute To Financing Egyptian Steel Factory
Misr Iran Development Bank withdrew its offer of contributing to the EGP 1.07 billion loan arranged for the…
Al Baraka Bank Buys New Headquarters In El Tagamu El Khames
Al Baraka Bank Egypt signed a contract to purchase a new headquarters in Teseen Road in El Tagamu El Khames (fifth…
Credit Agricole Exits Greece Taking Profit Hit On Unit
Credit Agricole SA, France’s third- largest bank, is exiting Greece by agreeing to sell Emporiki Bank to Alpha Bank…
Top Credit Suisse Mideast Banker Yammine Resigns
Credit Suisse's Middle East managing director and co-chief executive officer, Bassam Yammine, has resigned from the…
Islamic Finance To Be Demand-Driven: KPMG
KPMG, a leading International firm providing Audit, Tax and Advisory services yesterday organised at the Grand…
Bank Sohar Salutes Omani Women As Partners In Nation-Building
Inspired by the Royal vision of His Majesty Sultan Qaboos for the empowerment of Omani women, Bank Sohar continues…
ADIB Group Profit Up 3% To Dh328.5m On Core Banking
The nation's second biggest Islamic lender by assets, Abu Dhabi Islamic Bank Group posted a three per cent increase…
EALB Offers Property In Mohandseen For Sale Next Thursday
The Egyptian Arab Land Bank (EALB) targets to sell a residential property on an area of 550 meters in Shehab Street…