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Qatar National Bank to be dividend distribution agent for Industries Qatar
Qatar National Bank (QNB) has been appointed as the official Dividend Distribution Agent for Industries Qatar, a…
EGB Approves Its 2011 Financial Results on March 29
Egyptian Gulf Bank will hold an ordinary general assembly on March 29th to approve its financial results for the…
Egypt eyes loans from 3 financial institutions to finance budget deficit, Faiza Abul Naga
Dr. Faiza Abul Naga, minister of international cooperation, said that Egyptian government has requested loans in…
AUB Wealth Fund records 220% of its capital
Ahli United Bank’s Wealth Fund, the Bank’s first investment fund, registered a coverage rate of 220%. The Fund’s…
Delta Insurance renews Jolie Ville’s insurance policy
Delta Life Insurance Company renewed the policy insuring Alexandrian Jolie Ville Hotel’s employees for a year.…
Takaful Emarat launches capital-protected fund
Takaful Emarat, the UAE-headquartered Shariah-compliant life and health insurance company, is joining forces with…
Fitch gives ‘A’ rating for Qatar-Based Doha Bank’s EMTN programme
Fitch Ratings has assigned Doha Bank Q.S.C.'s (Doha Bank) USD2bn euro medium-term note (EMTN) programme a Long-term…
UAE’s bank deposits rise 1.5% in 2011
UAE's Central Bank announced today that total bank deposits in the country increased by 1.5% during the month of…
ABC with LE 35 m profit in 2011
Arab Banking Corporation achieved EGP 35.004 million in pre-tax net profit in 2011, compared with EGP 29.417…
Fitch: the slowing fall of Egypt FX reserves is “encouraging”
The slowing pace of the fall in Egyptian foreign exchange reserves in February is encouraging, but the continuing…