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Banks
J.P. Morgan’s Asia-Pacific Head Quits
J.P. Morgan Chase & Co.’s chairman and chief executive officer for the Asia Pacific region, Gaby Abdelnour, is…
U.S. Fed’s Bernanke Affirms Low Rates
The U.S. economy needs to grow more quickly to bring down the unemployment rate further, Federal Reserve Chairman…
Standard Chartered And Noor Islamic Bank Loan $175m To Stanford Marine
Standard Chartered Bank and Noor Islamic Bank announced on Monday that they have acted jointly as initial mandate…
CIB and EGB negotiate with Social Fund over EGP 200 mln Finance Deal
Commercial International Bank (CIB) and Egyptian Gulf Bank (EGB) are negotiating with Social Fund for Development…
Oman’s Central Bank Approves OIB-HSBC Merger
The Central Bank of Oman (CBO) has given ‘in principle’ approval to the proposed merger of Oman International Bank…
HSBC: 167% Growth For The Egyptian Market By 2026
Trade in the Middle East and North Africa (MENA) region is expected to grow by 131% to 2026, faster than world…
Exclusive: International Institutions Shares In Citadel Capital US$ 2.6 Bln Loan
Egyptian Refining Company, a subsidiary of Citadel for Financial consultations, is receiving the first tranche of…
Visa Forum Showcases Innovative Security Solutions
In line with its commitment to help minimize fraud and protect cardholders, Visa Fraud Control MENA recently hosted…
China Construction Bank Profit Rises 25.5 %
China Construction Bank, one of China's four major state-owned lenders, says its 2011 profit rose 25.5% despite…
Global Investment Banks Must Choose To Invest Or Quit Key Areas: Report
Investment banks need to make bold decisions to choose to invest in areas where they have a comparative advantage…
