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Money
Banks shares in Ethylene loan reaches $ 1.2 billion
Egyptian Company for Ethylene’s loan arrangers has provided the needed US$ 1.3 billion as the final loan agreement…
BOJ refuses to implement easing monetary policy further
The Bank of Japan held off on easing monetary policy on Tuesday after last month's surprise loosening, but board…
U.S. Fed releases stress test results on Thursday
The Federal Reserve will release on Thursday the results of its latest round of stress tests on 19 large U.S.…
Palestine Growth Capital Fund achieves a US$ 36m first closure
Abraaj Capital, Palestine Investment Fund (PIF), Bank of Palestine (BoP), Cisco and the European Investment Bank…
Oman’s Bank Dhofar plans to open a special centre in Salalah
Bank Dhofar, Omani lender, has announced that it will soon be opening a unique new centre in Salalah which will…
Dubai’s Emirates NBD plans to cut 15% of jobs
Emirates NBD PJSC (EMIRATES), Dubai’s biggest bank, plans to cut as much as 15 percent of its workforce to reduce…
Tarek Amer: EGP 100m to support national projects
Tarek Amer, chairman of National Bank of Egypt and head of Federation of Egyptian Banks, said that insolvent…
EastNets Anti-Money Laundering Software Wins 2012 Kinetic Innovation Award
EastNets, a leading global provider of compliance and payments solutions, announces today that it has received the…
EIU Report: European and U.S. Cities Are World’s Most Competitive
A new Economist Intelligence Unit (EIU) research report, commissioned by Citi, reveals that European cities are the…
NBE signs an EGP 150m Islamic financing contract with SFD
National Bank of Egypt intends to sign an Islamic Sharia compliant financing contract with Social Fund for…
