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Banks
National Bank of Fujairah receives ISO certification for its audit team
The National Bank of Fujairah's audit department was awarded the ISO 9001:2008 certification in July for…
World Bank To Help Myanmar Clear Arrears
The World Bank will provide a restructuring loan to help Myanmar clear $397 million in arrears by January, a senior…
Dubai Islamic Bank Q2 Profit Down 6 Pct, Tops Estimates
Dubai Islamic Bank (DIB), the largest sharia-compliant lender in the emirate, reported a 6-percent decline in…
Loan Arrangers Affirm Signing Of Term Sheet..Contradicting Mobinil’s Denial
The National Bank of Egypt (NBE), Banque Misr, Commercial International Bank (CIB), National Societe General Bank…
Abu Dhabi’s Aabar To Invest In Oman’s Al Izz Islamic Bank
Aabar Investments PJSC, an Abu Dhabi government-controlled company with stakes in UniCredit SpA (UCG) and Daimler…
Standard Chartered Posts 11% Rise In First-Half Profit
Standard Chartered Plc (STAN), the U.K. bank that gets most of its revenue from Asia, posted an 11 percent gain in…
3 Jordanian Banks Report Higher Profits
Jordan Kuwaiti Bank announced this week that its net profit stood at JD25.6 million in the first half of this year…
Egypt’s Top Banker Turns Down Vice-PM Post
Tareq Amer, one of Egypt's top bankers reveals that after a disagreement, he reversed his decision to accept the…
Eight Banks Approved Contributing EGP1.2 Bln To Abu Hashima Loan
Eight banks approved initially to contribute with up to EGP 1.2 billion to the syndicated loan worth EGP 1.07…
Banque Du Caire’s Pre-Tax Profit Hit EGP 400 Mln In Q1
Banque Du Caire posted pre-tax profit of EGP 400 million in the first quarter of the current year, up from EGP 65…