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Money
Banks To Secure Tahreer Branches On Protests’ Return
Heads of Egyptian banks with branches in Tahrir and other vital squares are worried after the demonstrations have…
EALB’s Deposits Rose To EGP 17 Bln In May
Egyptian Arab Land Bank’s deposits portfolio surged by EGP one billion at the end of last May, registering EGP 17…
AUB Receives Final Approval On Alpha Fund To Be Launched Next July
Ahli United Bank (AUB) has received the final approval of Egyptian Financial Supervisory Authority last Thursday on…
NBE’s Non-Performing Loans Portfolio Fell To EGP 7 Bln In May
The National Bank of Egypt’s (NBE) non-performing loans (NPLs) portfolio registered EGP 7 billion at the end of…
China’s ICBC, Citic Group Violated Rules
The Industrial Bank of China (ICBC) and Citic Group Corp. have violated several financial regulations in their…
Tarek Amer In Dubai Discussing Mutual Investment Cooperation
Eng. Sultan Bin Saeed Al Mansouri, UAE’s Minister of Economy, received Tarek Amer, chairman of National…
KSA’s SABB Launches Islamic Business Packages To SMEs
Kingdom of Saudi Arabia’s SABB Business Banking has launched its 'Islamic Business Packages', a campaign which…
Abu Dhabi Islamic Bank Opens First Branch In London
Abu Dhabi Islamic Bank, the second-largest Islamic lender in the United Arab Emirates (UAE), opened its first…
IFSB Launches Plan To Enhance Stability Of Islamic Finance Industry
The 9th Annual Summit of the Islamic Financial Services Board (IFSB), was held in Istanbul, Turkey from 16 to 17…
NBE, EALB Consider US$ 20 Mln Finance to a Tourism Project
The National Bank of Egypt (NBE) and Egyptian Arab Land Bank (EALB) consider offering credit facilities of US$ 20…