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Agricultural Credit Bank’s Islamic Units Achieved EGP 5.4 Mln Budget Surplus
The Principal Bank for Development and Agricultural Credit’s Islamic units achieved budget surplus of EGP 5.455…
Banque Misr, CIB, Ahli United Seek Contributors To US$290 Mln Loan
A consortium comprised of Banque Misr, Commercial International Bank (CIB) and Ahli United Bank (Egypt) has started…
NBD Mulls Providing Emaar Misr With EGP 200 Mln Finance
The National Bank for Development (NBD) considers providing sharia-compliant credit facilities amounting to EGP 200…
Banque Misr Allocates EGP 500 Mln For Mortgage
Banque Misr has allocated EGP 500 million for the mortgage product that will be launched before the end of 2012.…
East Delta Electricity Co. To Hold GM For Islamic Syndicated Loan
The Board of Directors of the East Delta Electricity Production Company will meet next Monday to approve the…
Kuwait Denies Rumors On Forged 20-KD Banknotes
Manger of Banking Operations Department at Central Bank of Kuwait ( CBK ) Abdullah Al-Shatti denied rumors that…
SFD To Launch New Murabaha Product
The Social Fund for Development (SFD) targets to launch a new sharia-compliant Murabaha product, said Nevine Gamea,…
NBE Seeks €50 Mln Loan From German Development Bank
The National Bank of Egypt (NBE) is in talks with a number of international financial institutions such as German…
Four Banks Consider Arranging US$ 250 Mln Loan For Mineral Exploration
Banque Misr, Commercial International Bank (CIB), Banque Du Caire and Bank Audi Egypt consider arranging a finance…
Bank Muscat On A ‘Borrow Wisely’ Drive
Al Wisal Radio organised a discussion forum on the 'Borrow Wisely' social responsibility campaign launched by bank…