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Banks
Exclusive: Alaa Mubarak Has 10 NBE Bank Accounts Worth EGP 120 Mln
Much talk has been raised about the wealth of the Egyptian deposed President Hosni Mubarak’s family before and…
QIB Profits At QAR1.24bn; Assets Rise By 25.6%
Qatar Islamic Bank ( QIB ) has announced a net profit of QR1.24bn for the year 2012. QIB Board of Directors has…
NBK Reports Net Profits Of USD 1,085 Million In 2012
National Bank of Kuwait ( NBK ), the largest Kuwaiti bank and the highest-rated in the Middle East, reported net…
7 Banks To Contribute US$ 305 Mln To Ethylene Loan: Sources
Seven banks are set to contribute US$ 305 million to the US$ 1.250 billion loan arranged by the National Bank of…
Egypt Sells 91-, 266-Day T-Bills Worth EGP 4 Bln
The Egyptian Ministry of Finance sold 91- and 266-day T-bills worth 4 billion on Sunday. The return on 91-day…
NBE Receives EGP 250 Mln From Loan Defaulters In Six Months
The National Bank of Egypt (NBE) has received EGP 250 million in cash after signing debt settlement agreements with…
Saudi Arabia Starts Fight Against Oil Smuggling
Saudi Arabia started a fight against oil smuggling to outside the country, local Al Hayat newspaper reported on…
CBE Offers US$ 75 Mln To Local Banks On Sunday FX Auction
The Central Bank of Egypt (CBE) offers US$ 75 million to local banks on Sunday at its 12th FX auction, with a…
NBO Launches Muzn Islamic Banking Operations
National Bank of Oman (NBO) opened its Muzn Pure Islamic banking branch to customers on Wednesday. The bank in a…
Ahlibank Set To Launch Islamic Banking Services
Ahlibank is set to launch it's Islamic Banking services window across Oman under the Al Hilal Islamic Banking…