Browsing Category
Banks
Inflation Rates Up 1.17% On Vegetable Prices In August
The Central Bank of Egypt (CBE) has attributed the rise in the monthly inflation rates which reached 1.17% in…
Yields Drop At 273-Day Egypt T-Bill Auction
The average yield on 4.297 billion Egyptian pounds ($704.89 million) of 273-day treasury bills fell sharply at a…
EGPC Renews Credit Facilities Of US$ 3.1 Bln With NBE
The National Bank of Egypt (NBE) will meet the Egyptian General Petroleum Corporation (EGPC) next week to solve its…
Egyptian Gulf Bank Updates IT System
The Egyptian Gulf Bank is updating its IT structure in collaboration with Misys Company with a total cost of more…
Agricultural Credit Bank Suggests Different Loan Exemption Schemes
The Principal Bank for Development and Agricultural Credit has set different options for exempting 44,000 farmers…
Industrial Development Bank To Ask SFD For EGP 125 Mln Finance
The Industrial Development and Workers Bank of Egypt plans to sign two finance contracts worth EGP 125 million with…
Bank Muscat Wins Retail Bank Of The Year Award
bank muscat has won the Retail Bank of the Year Award by Asian Banking and Finance. The award ceremony held in…
Alizz Islamic Bank To Get Support From Bahrain Institution
alizz islamic bank, which is opening its RO40 million initial public offering on September 22, will get expertise…
UAE Banks’ Profits Up 18.2% In 2011
UAE banks, which control the biggest asset base in the Middle East, boosted their net income by nearly 18.2 per…
Saudi Banking Sector ‘Sluggish’ Growth In Q3 Seen
The Saudi banking sector would experience "sluggish" growth throughout the third quarter of 2012, the National…