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Money
Bank Sohar’s RO10m Rights Issue By Sept
Bank Sohar , the youngest Omani bank that was aggressive in expanding business and branch network, is planning to…
FGB’s Sukuk Named “Best Islamic Deal In The UAE”
First Gulf Bank ( FGB ), the leading financial partner of choice in the UAE, was awarded the 2012 "Best Islamic…
NBE Negotiates With Chinese Banks Over US$ 800 Mln Finance
The National Bank of Egypt (NBE) negotiates with China Development Bank (CDB) and the Export-Import Bank of China…
Bank For Agricultural Credit Asks Cabinet Approval To Offer Different Interest Rates
The Principle Bank for Development and Agricultural Credit has submitted a study to the Cabinet about imposing…
GCC Non-Performing Loan Provisions Surge
The collective non-performing loan provisions made by the 22 Gulf Cooperation Council (GCC) banks surged in the…
Saudi Letters Of Credit Up 24% As Economic Growth Spurs Demand
The value of letters of credit signed by lenders in Saudi Arabia surged 24 percent in the first six months of 2012…
Commercial International Bank’s Ratings And Negative Outlook Affirmed
Capital Intelligence (CI), the international credit rating agency, announced that it has affirmed Commercial…
AMIG Eyes Investments Of EGP 370 Mln In FY 2012/13
Arab Misr Insurance Group (AMIG) targets to achieve investments of EGP 370 million in FY 2012/2013, up from EGP 340…
Egypt C.Bank Sells 513 Mln Euros Of T-Bills In Maiden Auction
Egypt's central bank sold 513 million euros ($642 million) worth of euro-denominated T-bills at an inaugural…
Egypt Secures US$ 200 Mln Loan From Chinese Development Bank
Tarek Amer, Chairman of The National Bank of Egypt (NBE), confirmed that Egypt signed an agreement with China…