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Banks
Ahli United Raises Mortgage Portfolio By EGP 600 Mln In 2012
Al Ahli United Mortgage Company targets to increase its loan portfolio to EGP 100 million by the end of 2012, up…
Al Baraka Banking Group Financial Result
The Bahrain based leading Islamic banking group, Al Baraka Banking Group B.S.C (ABG) announced that its net income…
East Mediterranean Gas Owes NBE US$ 156 Mln
The East Mediterranean Gas Company (EMG), which was exporting natural gas from Egypt to Israel, is paying off its…
Standard Chartered, Regulators In Settlement Talks
Standard Chartered is in talks with multiple law-enforcement officials, including New York's banking regulator, to…
New Barclays Chairman Seeks “Polymath” As CEO-Report
The incoming chairman of Barclays David Walker is looking for a "polymath" to fill the bank's vacant CEO post and…
EDBE’s NPLs Hit EGP 820 Mln In H1
The Export Development Bank of Egypt’s (EDBE) portfolio of non-performing loans stood at EGP 820 million, out of…
Electricity Sector’s Borrowings Unshaken By Frequent Power Outages: Bankers
A number of banking experts affirmed that the frequent power outages, that affected negatively most sectors in…
Misr Iran Invests EGP 1 Bln In Govt. Debt Instruments
Misr Iran Development Bank’s investments in government debt instruments (treasury bills and bonds) reached about…
CBD Launches First Dual-Currency Prepaid Card In GCC
Commercial Bank of Dubai (CBD), one of the leading banks in the UAE, has become the first bank to issue the CBD…
NCB Launches Alahli Mobile Service For Query And Executing Banking Transactions Via Smart…
The National Commercial Bank (NCB) announced today the launch of "Alahli Mobile" Service for account queries and…