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CréditAgricole Egypt distributes the prizes to the winners ofthe competition Series…
Crédit Agricole Egypt held a ceremony to deliver the prizes to the first round of the winners of the competition of…
Ahli United Bank To Launch Alpha Fund In Q3
Ahli United Bank-Egypt delayed launching its second mutual fund “Alpha Fund” to the third quarter of the current…
Shura Council: Government ‘Special Funds’ Worth EGP 47.4 Bln
Central Auditing Organization (CAO) said there are 6361 accounts for government ‘special funds’ that worth EGP 47.4…
Albaraka Turk Opens Branch In Iraq
Albaraka Turk Katilim Bankasi AS (ALBRK), a Turkish Islamic bank, opened a branch in Erbil, northern Iraq and plans…
CIS To Increase Capital By EGP 90 Mln
Cooperative Insurance Society, Egypt (CIS) targets increasing its capital by EGP 90 million, to reach EGP 120…
IMF Urges Saudi Arabia To Give Monetary Regulator More Independence
The International Monetary Fund (IMF) has advised the Saudi government that the country’s Banking Control Law (BCL)…
Oman International Bank To End India & Pakistan Operations After Merging With HSBC
Oman International Bank (OIB), which has entered into an agreement with HSBC Middle East is to merge with HSBC…
Bank of Beirut Profit Rises 8.5%
Bank of Beirut reported an 8.54 percent year-on-year increase in net profits at the end of the first quarter of…
Qatar Islamic Bank Financial Strength Rating Affirmed On ‘A’; Negative Outlook
Capital Intelligence (CI), the international credit rating agency, announced that it has affirmed Qatar Islamic…
Qatar & Abu Dhabi Wealth Funds In Talks With NBNK Over Lloyds Bid
Middle Eastern wealth funds Qatar Holding LLC and Abu Dhabi’s Mubadala Development Co. have held talks with Lloyds…