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NBE In Talks With Greek Lender Over €500 Mln Finance
The National Bank of Egypt (NBE) is conducting negotiations with Greek financial institutions to receive financing…
Barclays Makes GBP500 Million Betting On Food
Barclays PLC , has made as much as half a billion pounds in two years from speculating on food staples such as…
Bank Muscat’s ‘Borrow Wisely’ Campaign Evokes Strong Response
Leading media persons and social dignitaries have lauded bank muscat's initiative for launching the 'Borrow Wisely'…
Kuwait Financial Centre Launches Its Own Business Intelligence Platform
KUWAIT Financial Centre ( Markaz ) launched its research arm, Marmore MENA Intelligence Private Limited (Marmore),…
GCC Banking Sector Profits Hit $12b In H1
The GCC banking sector continued to grow rapidly in the first half of 2012 with profits reaching $12 billion, an…
NBAD Targets New Markets
The National Bank of Abu Dhabi , or NBAD , will continue to focus on organic growth to expand its operations in the…
HSBC China PMI Falls To Lowest Since March 2009
An index of China’s manufacturing activity fell to 47.6 in August on a 100-point scale, down from July’s 49.3 and…
Allianz’s Bashar Sawas To Be Named MD Of Solidarity Takaful: Sources
The Lebanese Delta Insurance Holding Company will appoint Bashar Sawas, the General Manager of Allianz Insurance…
Arab Insurance Brokers Association Holds OGM On Sept. 24
Arab Insurance Brokers Association will hold its ordinary general assembly on September 24th in Beirut, said Ehab…
Egypt’s Foreign Reserves Rose US$ 700 Mln On Qatari Deposit
Egypt’s foreign cash reserves rose by US$ 700 million, registering US$ 15.1 billion in August, up from US$ 14.4…