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Money
Banque Misr Issued LCs Worth US$ 500 Mln For EGPC
Banque Misr issued letters of credit (LCs) worth US$ 500 million for the Egyptian General Petroleum Corporation…
NBE Negotiates with 4 International Institutions Over EGP 750 Mln SMEs Finance
The National Bank of Egypt (NBE) is negotiating with four international institutions over getting finances worth…
UAE Witnesses Credit Growth
The UAE has witnessed credit growth, and that positive development will help the country’s economy continues to…
U.A.E. Banks To Hold 10% Liabilities In Liquid Assets
Banks in the United Arab Emirates will be required to comply with four so-called “liquidity ratios” to help them…
Italy Economy Minister Sees 2012 GDP Fall “Little Less” Than 2 Percent
Italy's GDP is expected to shrink "a little less" than 2 percent, the country's new economy minister Vittorio…
Bankmuscat Extends Support To Gulf Sports Media Association
BankMuscat, the flagship financial institution in the Sultanate, has extended support to Gulf Sports Media…
Bankmuscat Ranked Among Top Global Banks
BankMuscat, the flagship financial institution in the Sultanate, has earned a creditable 373rd ranking among the…
NBE, Banque Misr Invite Banks To Contribute To MAF Syndicated Loan
The National Bank of Egypt (NBE) and Banque Misr will invite other banks to contribute to the syndicated loan worth…
Banque Du Caire To Sign Finance Contract Worth EGP 200 Mln With SFD
Banque Du Caire will sign a finance contract worth EGP 200 million with the Social Fund for Development (SFD) this…
Barclays Says ‘Truly Sorry’ for Letting Down Customers, Clients
Barclays Plc (BARC) has made a public apology to customers and clients, saying they have “been let down” by the…