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Money
Saudi SABB’s FSR Affirmed At ‘A’
Capital Intelligence (CI), the international credit rating agency, announced that it has affirmed the ratings of…
Barclays Egypt Q1 PAT 78% Up
Barclays Egypt announced its Q1 financial results where Profit after Tax grew to reach EGP 70.953 M, 78% ahead of…
Moody’s Demotes 15 Major Banks
The credit ratings agency Moody's has downgraded 15 global banks and financial institutions. The UK banks…
Lebanese Central Bank’s Balance Sheet Rose By 6% Since Jan.1
The Central Bank of Lebanon’s bi-weekly balance sheet reached US$74.51 billion by mid of June 2012, up by 6% from…
4 Egyptian Banks Disbursed 517,000 Yellow Remittances Worth 1.941 Bln
The National Bank of Egypt (NBE), Banque Misr, Alex Bank and Arab African International Bank (AAIB) disbursed…
Al Baraka Islamic Bank’s FSR Rating Affirmed At ‘BB’
Capital Intelligence (CI), the international credit rating agency, announced that it has affirmed Bahrain-based Al…
Qatar’s Barwa Bank Acts As Joint Lead Manager In IDB’s Sukuk Issuance
Qatari lender Barwa Bank has said its involvement in the $800 million five-year sukuk for Saudi-based Islamic…
CBE: Yield On 182-Day T-Bills Rose To A Decade-High Level
The Central Bank of Egypt (CBE) said the average yield on 182-day treasury bills rose at an auction on Thursday to…
Banks Retreat From Financing US$ 300 Mln LG For ERC
The Egyptian Refining Company (ERC) seems to face financial problems after banks has retreated from financing the…