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Banks
S&P Rates Al Baraka Group BBB-, Negative Outlook
In a report issued today, Standard & Poor’s (S&P) assigned a BBB- rating to Al Baraka Banking Group B.S.C.,…
HSBC Upgrades Li & Fung Stock To Overweight On QE3
HSBC analysts on Tuesday raised their earnings expectations for global trading and logistics group Li & Fung…
CIB Contributes US$ 100 Mln To KIMA Loan
The Commercial International Bank (CIB), National Bank of Egypt (NBE), Banque Misr, Banque Du Caire and the other…
Egypt Issues 1 Bln EGP In First Floating Rate Notes Sale
Egypt sold 1 billion Egyptian pounds ($164.04 million) in floating rate notes in a maiden sale, the same amount it…
NBE: Customs Duties Hit EGP 25 Mln In July
The National Bank of Egypt (NBE) stated that the customs duties collected in July reached EGP 25 million, which…
NBE To Appoint 1,000 New Employees
The National Bank of Egypt (NBE) is currently testing the graduates of the Faculty of Commerce and the related…
Central Bank Of Bahrain Treasury Bills Oversubscribed
The Central Bank of Bahrain (CBB) announces that this week's BD35m issue of Government Treasury Bills has been…
Bank Muscat Money Market Fund Evokes Strong Response
The first-of-its-kind money market fund launched by bank muscat Asset Management has evoked a strong response,…
KFH-Bahrain Launches Smes Finance Programme With Tamkeen
Kuwait Finance House - Bahrain (KFH-Bahrain), announced the launch of its new financing product for small and…
Inflation Rates Up 1.17% On Vegetable Prices In August
The Central Bank of Egypt (CBE) has attributed the rise in the monthly inflation rates which reached 1.17% in…