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Banks
SFD Egypt Eyes Total Finance To Hit EGP 2.1 bln By 2013-End
The Social Fund for Development (SFD), is targeting to hit EGP 2.1 billion total financing of small and micro…
BOE’s Bean Says Can’t See Signs Of Housing Boom Emerging
Bank of England Deputy Governor Charlie Bean said he isn’t worried the U.K. housing market is poised to suffer a…
IDB Eyes $10b Sukuk
Islamic Development Bank ( IDB ), the AAA-rated multinational lender, will boost its sukuk program by more than 50…
Egypt C. Bank Offers $ 40 Mln to Local Banks on FX Auction
The Central Bank of Egypt (CBE) has offered its final foreign exchange auction for this week totaled US$ 40 million…
Egypt’s Foreign Direct Investment Hits $ 1.074 bln in March-End: C.Bank
Foreign direct investment (FDI) has hit a record around jumping to 456%, move up by $1.074 billion net profit…
Bank Sohar, Al Jarwani Ink Pact
Muscat: Al Jarwani Group, which is developing Sohar Mega Mall and associated facilities, yesterday signed an…
HSBC Names New Head of MENA Debt Capital Markets
HSBC Holdings, the top arranger of debt issues in the Gulf Arab region, has named Mustafa Aziz Ata to run its…
Egypt Banks Back to Normal Working Hours Today
The Central Bank of Egypt (CBE) announced that commercial banks will return to normal working hours on Monday -…
CBE: Egypt Banking Sector’s Total Loans Hit EGP541.3 bln by May-End
The total banking sector loans of banks have hit a record around jumping to EGP 2.4 billion (0.4%) , moved up by…
Housing Ministry to Launch New Phase of ‘Bayt Al Watan’
An official source in housing ministry has asserted that the ministry is ready to start a new phase of “Bayt El…