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Industrial Development Bank Receives Second Tranche Of CBE’s Loan
The Industrial Development and Workers Bank of Egypt (IDBE) received the second tranche of EGP 500 million of a…
Egypt’s Interest Rates Unchanged On Falling Inflation, Rising GDP
The Central Bank of Egypt (CBE) has kept overnight deposit and lending rates unchanged at 9.25% and 10.25%…
Jpmorgan Said To Face Escalating Senate Probe Of CIO Loss
JPMorgan Chase & Co.’s (JPM) wrong-way bets on derivatives are the focus of an escalating investigation by a…
National Bank Of Fujairah’s Ratings Affirmed With Stable Outlooks
Capital Intelligence (CI), the international credit rating agency, announced that it has maintained the Financial…
Central Bank Of Oman Issues Cds Worth RO201m
Certificates of deposit (CDs issue No. 782) tender was held at the Central Bank of Oman (CBO) this week. The total…
Yields Ease At Egypt 182-, 364-Day T-Bill Auction
Average yields declined on 5.5 billion Egyptian pounds ($902.01 million) of treasury bills auctioned by Egypt's…
Banque Misr Disbursed EGP 313.6 Mln Worth Of Yellow Remittances
Banque Misr disbursed EGP 313,607,089 worth of 90, 293 yellow remittances in the fifth month of disbursing such…
Mobinil Loan Arrangers Ask Banks To Contribute EGP 650 Mln
The banks, which are arranging a loan for the Egyptian Company for Mobile Services (Mobinil), will ask other banks…
HSBC’s Net Profit Rose EGP 116.1 Mln In H1
HSBC Bank Egypt achieved net profit of EGP 701.9 million at the end of June 2012, up from EGP 585.7 million at the…
Issuance Of Bonds And Sukuk In GCC Totals $ 37.6 Bn In H1
Kuwait Financial Centre (Markaz), in its recent research report titled GCC Bonds & Sukuk Market Survey, has…