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Money
Citigroup’s Posts $ 2.9 billion Profits for H1, 2012
Despite The ongoing financial crisis “European sovereign debt crisis” as well as the political tensions witnessed…
IMF Economist Accuses Fund Of Suppressing Information
A veteran economist at the International Monetary Fund has accused the global lender of suppressing information on…
NBE, Banque Misr In Talks With SFD Over SMEs Financing Contracts
The National Bank of Egypt (NBE) and Banque Misr are currently conducting negotiations with the Social Fund for…
Loan To Suez Steel Up By US$ 100 Mln
Five banks have provided Suez Steel Company with credit facilities of US$ 100 million to which Arab African…
Certificates Of Deposit Tender Results
Certificates of deposit (Issue No 777) tender was held at the Central Bank of Oman (CBO) last week. The total…
Gulf Bond Issuance Activity To Remain Fairly Robust
Gulf region’s issuance activity is likely to remain fairly robust in the coming quarters, partly because of…
Capital Intelligence Affirms Ratings Of Bank Aljazira
Capital Intelligence (CI), the international credit rating agency, announced that it has affirmed the ratings of…
Islamic Bank Of Britain Boosts Efforts To Attract Ethical Savers
As consumer dissatisfaction with the UK banking sector continues, the Islamic Bank of Britain plc (IBB) has…
Royal Insurance Premiums Grew 15% In FY 2011/12
First indications showed that Royal Insurance Company’s premiums posted a growth rate of 15% in FY 2011/2012. This…
Wall Street Seeks Patience After Worst 1st Half Since ’08
Wall Street’s five biggest banks reported the worst start to a year since 2008. They’re still asking investors to…