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Spain’s Bankia Says It Will Be On Solid Ground After Bailout
The president of troubled Bankia tried yesterday to calm fears about the future of the bank, saying Spain's second…
EALB Invests EGP 2.9 Bln In Govt. Debt Instruments by April
Egypt Arab Land Bank’s investments in government debt instruments (treasury bonds and bills) registered EGP 2.9…
Egypt Offers EGP 3.5 Bln T-Bills Ahead Of Presidential Runoff
Central Bank of Egypt (CBE) will offer EGP 3.5 billion ($579 million) of treasury bills after unofficial results of…
Samsung And Visa Showcase Mobile Payments At The London 2012 Olympic
NFC technology takes a leap forward in the form of the Samsung GALAXY S III with Visa mobile contactless payments…
Omani Bank Nizwa’s IPO 11.3 Times Oversubscribed
Omani lender Bank Nizwa, the sultanate's first Islamic bank, attracted 681 million rials ($1.77 billion) of bids in…
EIBA To Hold First Meeting Next Wednesday
Egyptian Insurance Brokers Association (EIBA) will hold its first meeting after the presidential elections next…
Bahrain’s GIB Sets Up 3.5 Bln Ringgit Sukuk Program
Bahrain's Gulf International Bank has set up a 3.5 billion Malaysian ringgit ($1.11 billion) program for potential…
EALB In Talks With Arab Contractors and Rolin To Develop Real Estate Assets
Egypt Arab Land Bank is in talks with state-owned contractors and construction companies including the General…
Audi: EGP 35 Million Net Profits For 2012, Q1
Bank Audi Egypt recorded a raise in net profit for the first quarter of this year with 172% that is equivalent to…
Banque Misr Issues 80,000 Yellow Remittance With EGP 279 million
An official source said that Banque Misr disbursed 80 121 yellow remittances worth EGP 279.926 million two months…