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Money
EALB Settles EGP 900 Mln Bad Debts In 2011/12
Egyptian Arab Land Bank (EALB) plans to settle non-performing debts with value of EGP 900 million by the end of FY…
Mohandes Insurance Eyes EGP 16 Mln Net Profit In 2012/13
Mohandes Insurance Company targets to achieve net profit of EGP 16 million in the fiscal year 2012/2013. The…
KSA’s Banks Made A Record In Arranging Syndicated Loans
Saudi Arabia’s banks have arranged the most loan syndications on record this year as they support the government’s…
Islamic Banks Have Opportunity To Grow Amid Euro Zone Crisis: Hussain Al Qamzi
The Euro zone crisis, combined with public anger over the excesses of conventional banks, has presented Islamic…
Oman Launches Islamic Banking and Finance Conference 2012
Under the theme, Building a Growth Path for Islamic Banking & Finance in Oman through improved regulation,…
Bangladesh Launches Islamic Interbank Money Market
Bangladesh has launched an Islamic interbank money market, aiming to help sharia-compliant banks manage their…
UAE’s Central Bank Studies Lowering The Debt Of Nationals
The UAE’s central bank is considering a proposal to lower the debt of UAE nationals, the central bank said.“The…
South Africa’s Corporate Debt Request To Be Discussed By Basel
South Africa’s central bank will seek backing from other members of the Basel Committee on Banking Supervision to…
World Bank, Al Baraka Bank Launch Islamic Finance Initiatives
The World Bank and Bahrain-based Al Baraka Banking Group have joined hands to launch joint programs under a new…
UAE’s NBAD Partners With ADNIC To Offer Life Insurance Coverage
The National Bank of Abu Dhabi (NBAD) has partnered with the Abu Dhabi National Insurance Company (ADNIC) to offer…