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Money
Bank Of Sharjah Announces First Half Results
Bank of Sharjah announced its financial results for the six months ending June 30, 2012. Bank of Sharjah sustained…
Ahli United Bank Reports 5.1% Rise In H1/2012 Profit To $169.9m
Ahli United Bank B.S.C. (AUB) reported a net profit attributable to its equity shareholders of $169.9m for the half…
NBE To Finance 6th Phase Of Youth Employment Project
The National Bank of Egypt (NBE) intends to sign a contract with the Social Fund for Development (SFD) to finalize…
Greece’s Piraeus Bank Halts Sale Of Egyptian Unit
Greece's fourth-largest lender Piraeus Bank has halted the sale of its Egyptian subsidiary, the bank said on…
NBE, Banque Misr Consider Offering EGP1.4 Bln For Suez Power Plant
The National Bank of Egypt (NBE) and Banque Misr study arranging a long-term syndicated loan worth EGP 1.4 billion…
EFSA Studies EIBA’s Amendments To The Unified Contract
The Egyptian Insurance Brokers Association (EIBA) has sent the final amendments it made to the unified contract to…
Solidarity Takaful Receives Initial Approval To Dissociate From Egyptian Market
The Egyptian Financial Supervisory Authority (EFSA) approved the request submitted by Solidarity Family Takaful to…
AAIB’s Retail Loans Hit EGP 1.4 Bln In H1 2012
The Arab African International Bank’s (AAIB) portfolio of retail loans stood at EGP 1.4 billion at the end of the…
IDBE’s Direct Loan Portfolio Registered EGP 2.9 Bln In H1 2012
The Industrial Development and Workers Bank of Egypt (IDBE) said the value of its direct loans registered EGP 2.9…
Credit Agricole Posts “Strong” Results In Q2
Pharos commented on the news that Credit Agricole Egypt reported an unaudited net profit of EGP 137.2 million…