Browsing Category
Banks
HSBC Said to End Administration Ties With Some Hedge Funds
HSBC Holdings Plc (HSBA), the administrator of $150 billion in assets for hedge funds, is terminating agreements…
Kuwait’s Burgan Bank Plans 200 Mln Dinar Bond
Kuwait's Burgan Bank plans to issue a bond worth up to 200 million dinars ($711 million), a local newspaper…
Standard And Poor’s Affirms SABB’s Ratings
Standard and Poor's (S&P), one of the world's leading credit rating agencies, has affirmed The Saudi British…
Four Subsidiary Banking Units Of Al Baraka Banking Group Receive International Awards
Four subsidiary banking units of the Bahrain based leading Islamic banking group Al Baraka Banking Group B.S.C.…
IDBE Settled EGP 500 Mln Debts In 9 Months
The Industrial Development and Workers Bank of Egypt agreed to settle debts of 100 defaulting customers who owe the…
Banque Du Caire Offers Taqa Arabia EGP 25 Mln Credit Facilities
Banque Du Caire has approved to provide credit facilities of EGP 25 million to a subsidiary of Taqa Arabia Gas…
World Bank And IDB Sign Islamic Finance Deal
The World Bank and Islamic Development Bank have signed a Memorandum of Understanding (MoU) to set out a framework…
Noor Islamic Bank’s Vision For The Future
Noor Islamic Bank's announced that it will be showcasing its vision of the "Bank of the Future" at Gitex Technology…
Arab Bank For Economic Development Signs 6 Loan Contracts Worth US$54.1 Mln
The Arab Bank for Economic Development in Africa signed six loan agreements worth US$ 54.1 million with Togo,…
Egyptian Banks Posted 3.9% Growth Rate In H1: Adnan Youssef
Adnan Youssef, chairman of the Union of Arab Banks, announced that 80 Arab banks are listed among the top 1000…