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Banks
Ahlibank To Hold Islamic Banking Seminar
In line with the Royal Decree of His Majesty Sultan Qaboos, which was issued in December amending the Sultanate's…
Egypt Offers 91-, 273-Day T-Bills Worth EGP 5 Bln
The Egyptian Ministry of Finance has offered 91-and 273-day T-bills worth EGP 5 billion today. The 91-day T-bills…
Inflation Drops On Lower Prices Of Fresh Vegetables, Gas Cylinders
The annual core inflation dropped to 4.25 percent in November from 6.70 percent in October. The Central Bank of…
CBE Sets MPC Meetings Schedule For 2013
The Central Bank of Egypt (CBE) has set the Monetary Policy Committee’s meetings schedule for 2013. The Monetary…
National Bank Of Oman Cuts Off 38 Jobs By End Of December
National Bank of Oman (NBO) plans to cut off 38 jobs by the end of December as it now has one branch which is…
NSGB To Repay US$ 140 Mln Loan To Société Générale In 2013
National Société Générale Bank’s board of directors approved in its meeting on December 13th 2012 to repay the US$…
Barclays Says $470 Million FERC Penalty Won’t Stand In Court
Barclays Plc (BARC) said the U.S. Federal Energy Regulatory Commission’s record $470 million in proposed penalties…
Jpmorgan Muni Bond Rigging Accord Wins Final U.S. Court Approval
JPMorgan Chase & Co. (JPM) won a judge’s final approval of a $44.6 million settlement of a class-action lawsuit…
Lebanese Banks Still View Syria As Important Market
Lebanese banks can reap huge benefits from the Syrian market once a political settlement is reached in the war torn…
Deutsche Bank’s Legal Woes Deepen As Overhaul Hits Profit
Deutsche Bank AG (DBK)’s announcement yesterday that earnings will suffer this quarter added to a cacophony of…