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Money
Qatar’s QIIB Considers Sale Of UK Arm
Qatar International Islamic Bank (QIIB), parent company of Islamic Bank of Britain (IBB), is considering the sale…
Lebanon’s Bank Employees Request Compliance With Contracts
Lebanon’s Bank Employees Association warned Friday that the failure to renew a collective contract which has…
Fitch Affirms NBK’s Rating At AA-; Outlook Stable
Fitch Ratings, the international credit rating agency, affirmed the National Bank of Kuwait’s (NBK) Long-term…
Central Bank of Oman Issues CDs Worth RO326 Mln
Central Bank of Oman (CBO) has offered certificates of deposit no. 771 worth RO326 million last week. A bulletin…
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…