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Money
Commonwealth Bank First-Half Profit Rises 19% on Debts
Commonwealth Bank of Australia, the nation’s biggest bank by market value, said first-half profit rose 19 percent…
Greek leaders blow chance of quick EU bailout approval
Euro zone finance ministers have dropped plans for a face-to-face meeting on Wednesday on Greece's new…
China to keep investing in euro zone debt: China c.bank
China will continue to invest in euro zone government debt, the country's central bank governor said on…
Insurance Federation of Egypt discusses housing insurance policy today
General Insurance Committee against fire risks, of the Insurance Federation of Egypt (IFE), will discuss the…
No losses at NSGB after robbery attempt
National Societe Generale Bank of Egypt said that there are no human or material losses at the bank’s branch…
SAIB offered EGP 45 m Islamic Real estate finance in 2011
Societe Arabe Internationale de Banque in Egypt (SAIB) offered real estate Shariaa-compliant finance in value to…
Adib posts 12.8% profit rise on previous year
Abu Dhabi Islamic Bank (Adib) has posted a 12.8% rise in net profit to Dhs1.16bn, compared with Dhs1.02bn the…
Austria takes issue with Moody’s outlook cut
Austria took issue on Tuesday with Moody's warning it may strip the country of its top debt rating, saying the…
Al Mawarid Bank reiterates support to youth through cooperation with Social Work League
Al Mawarid Bank s.a.l., one of the leading banks in Lebanon, announced the signing of a cooperation protocol with…
New business models of banks to be blamed for financial crisis, says Doha Bank CEO
The financial meltdown is a result of new business models that banks have innovated, according to Mr. R…