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Money
Mobinil’s Loan Arrangers To Sign MoU Next Week
The National Bank of Egypt (NBE), Banque Misr, Commercial International Bank (CIB) and HSBC, arranging a loan for…
Islamic Development Bank Signs US$ 2 Bln Co-Financing Agreement With KDB
Islamic Development Bank (IDB) signed a Framework Co-financing Agreement (FCA) with Korea Development Bank (KDB) at…
Barclays Lowers Lebanon’s GDP Forecast On Political Tensions
Barclays Capital revised downward its projection for real GDP growth in Lebanon to 3.1 percent in 2012 from an…
Lebanon’s Bank Audi Sells Stake In LIA To Saham
Lebanon-based Bank Audi finalized its sale Wednesday of a majority stake in its LIA unit – an estimated over-$100…
New Swiss Re sigma study on world insurance in 2011
Swiss Re’s latest sigma study reveals that global overall premiums declined 0.8% in real terms in 2011. While…
Bahrain Issues 10-Yr Dollar Bonds
The Central Bank of Bahrain (CBB) announces the successful launch of the latest development bond issuance of the…
Oman Sets Islamic Finance Regulations This Year
A regulatory framework for Islamic finance is taking shape in Oman as government bodies move towards meeting the…
Tunisian President Dismisses Central Bank Governor
Tunisian President Moncef Marzouki sacked on Wednesday the country's central bank governor, Mustapha Nabli,…
United Bank to Inject EGP 150 Mln In SMEs Portfolio This Year
The United Bank targets injecting EGP 150 million to SMEs portfolio to finance these enterprises in compliance with…
Wethaq Takaful Insurance Moves To Temporary Headquarters Next Week
Wethaq Takaful Insurance Company will move to its temporary headquarters in Dokki on July 5th. The Company was…