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Banks
Georges El Hedery Tells Why Investors Hold Bonds
So far in these monthly columns we’ve reviewed the monthly performance of the region’s bond markets, looking at the…
Abu Dhabi Islamic Bank Q1 Net Profit Posts Dhs 307.3 Mln
Abu Dhabi Islamic Bank (ADIB) posted a net profit of Dhs307.3m for Q1 2012. Despite the continued challenging…
Banque Du Caire Considers Offering US$ 70 Mln To KIMA
Arrangers of the loan offered to Egyptian Chemical Industries Company (KIMA) will sign this week the memorandum of…
AAIB Disbursed 85,000 Yellow Remittances
Arab African International Bank (AAIB) disbursed 85 thousand yellow remittances, with value of EGP 335 million till…
Alex Bank Disbursed 184,000 Yellow Remittances
Alex Bank disbursed 184 thousand yellow remittances with value of EGP 729 million till the end of the last week,…
AAIB To Increase Deposits By EGP 6 Bln In 2012
Arab African International Bank (AAIB) targets to increase its customers’ deposits by a rate ranging from 15% to…
Barclays Targets 25% Revenue Rise in MEA Region
Barclays Plc, Britain’s second- biggest bank, is seeking to boost revenue from the Middle East and North Africa by…
Union National Bank – Egypt Q1 Profit Posts EGP 9 Mln
Union National Bank - Egypt reported financial results posting a net profit of EGP 9.14 million for the period from…
Oman International Bank Approve Merger With HSBC MidEast
Board of Oman International Bank 'OIB' is pleased to announce that at the Extraordinary General Meeting 'EGM' held…
China Central Bank Cuts Banks’ Reserves
China's central bank cut the amount of cash that banks must hold as reserves on Saturday, pumping out more funds…