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Money
S&P Affirms GIC’s Rating At A-; Outlook Stable
The Managing Director and CEO of Gulf Insurance company "GIC" Mr. Khalid Al-Hassan confirmed that GIC has received…
UAE’s Rakbank Launches Interactive Mobile Application
Rakbank has announced the launch of its new interactive mobile application developed to give its cardholders easier…
Assets Of Commercial Banks In Oman Rose 21%
Omani banking sector continued its robust performance consistent with overall growth of the economy. Total assets…
Banque Misr Disbursed 83,106 Yellow Remittances Worth EGP 250 Mln
Banque Misr disbursed 83,106 yellow remittances worth EGP 250,698,289 in the third month of disbursing remittances;…
Standard Chartered Launches Online Rewards Program For UAE’s Customers
Standard Chartered has launched an online rewards program via Facebook, whereby the bank's UAE customers can earn…
Misr Insurance Life To Update 41 Branches In FY 2012/13
Misr Insurance Company (Life) plans to renew and update 41 branches in 7 different regions in the next FY…
UAE Banks To Be Fined For Bad Loans
The United Arab Emirates may soon fine banks for offering loans to people who cannot pay them back, said the…
Banque Du Caire Injects EGP 300 mln In Hyde Park’s Loan
Banque Du Caire has approved injection of EGP 300 million in the EGP 1.3 billion syndicated loan arranged for Hyde…
AAIB Disbursed 99,000 Yellow Remittances Worth EGP 383 Mln
Arab African International Bank (AAIB) disbursed 99,000 yellow remittances worth EGP 383 million by the end of the…
PBDAC Settles Debts Of Farmers In Sinai, New valley
Principal Bank for Development and Agricultural Credit (PBDAC) will settle the debts of farmers in default in Sinai…