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Bahrain’s Gulf Finance House Seeks Selling QInvest Stake
Bahrain-based Gulf Finance House is seeking buyers for its stake in QInvest, a Doha-based investment bank.The…
Italian Bank’s Borrowing From ECB Registers New Record In May
Italian banks’ borrowings from the European Central Bank rose to a third straight monthly record in May as concerns…
Jordanian Auto Insurers Introduce Another Discount On Compulsory Policies
The Jordan Insurance Federation (JIF), an umbrella of 27 insurance companies, said drivers with clean records will…
NBE To Arrange EGP 2.6 Bln Loan For Mobinil
The National Bank of Egypt (NBE) will arrange a syndicated loan of EGP 2.6 billion (USD 420 million) for the…
Fitch Affirms Kuwait’s Gulf Bank At ‘A+’; Outlook Stable
Fitch Ratings has affirmed Gulf Bank's ( GB ) Long-term Issuer Default Rating (IDR) at 'A+' with a Stable Outlook…
CBE: Banks’ Investments In T-Bills Registered EGP 357 Bln In March
Egyptian Banking Sector’s investments in treasury bills registered EGP 357.05 billion at the end of March, up from…
NCB Capital: Saudi Banks’ Loan Growth Will Boost Profits
Profit growth for Saudi banks in 2012 will be driven by strong growth in loan volumes, particularly in the retail…
UK’s Standard Chartered Expects MidEast To Raise Funds In Yuan
Standard Chartered Plc (STAN), the U.K.’s second-biggest bank by market value, expects more companies in the Middle…
CBE: 182-Day T-Bills Registers A Decade-High Record
Central bank of Egypt (CBE) said the average yield on 182-day treasury bills rose to its highest in at least a…
Chinese Banks To Comply With Basel III Accord In Jan. 2013
China on Wednesday decided to put its lenders under the regulatory supervision within the Basel III framework -- a…