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Banks
EFSA, CBE Asked By Finance Ministry To Suggest Sukuk Rules
The Egyptian Ministry of Finance is close to finalizing the first draft of the executive regulation of sukuk law as…
Barwa Bank Joint Lead Manager On Albaraka Turk Participation Bank Sukuk Issuance
Barwa Bank, Qatar's fastest growing Shari’ah compliant bank, has acted as Joint Lead Manager on Albaraka Turk…
Ali Gomaa Says Islamic Economy Depends On Free Markets
Ali Gomaa, former Grand Mufti of Egypt, said Islam prohibits monopoly and its economy is based on free markets,…
Banks’ Investments In T-Bills Hit EGP 263.8 Bln At End-Feb 2013: CBE
The volume of the Egyptian banking sector’s investments in treasury bills rose 2.6% (EGP 6.8 billion) to reach EGP…
Citi Invites Its Cardholders To Upgrade With Hotel Privileges
Citi announces Hotel Privileges, a programme designed to give Citi card members access to tangible benefits at top…
Egypt’s Central Bank Offers US$ 40 Mln At Monday’s FX Auction
The Central Bank of Egypt (CBE) offers US$ 40 million to local banks on Monday at its 60th FX auction and the 44th…
The Egyptian market is in need of 70 brokerage firms and merging is the new slogan for the…
The installments of EL-Sudan Branch recorded 30 million pounds during 2012. And 40% growth rateWe intend to expand…
Bank Audi’s Investments In Govt. Debt Instruments Hit EGP 4.7 Bln Last March
Bank Audi Egypt’s loans and credit facilities offered to customers reached EGP 9.8 billion at the end of the first…
World Islamic Funds and Financial Markets’ Annual Conference Starts On May 27th
WIFFMC 2013 to discuss key strategies for overcoming the challenges facing the Islamic asset management industry…
Banks’ Loans Hit EGP 526.6 Bln At End-Feb 2013: CBE
The value of loans offered by the Egyptian banking sector to customers rose 0.4% (EGP 2.6 billion) to reach EGP…