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Banks
SAIB Asks Banks To Contribute To Petroleum Marine Loan
Société Arabe Internationale de Banque (SAIB) has started to ask other banks to contribute to the US$ 50 million…
El-Garhy Quits From The National Investment Bank
Amr El-Garhy, Managing Director and CEO of the National Investment Bank, has submitted his resignation to the…
Industrial Development Bank Achieved EGP 32 Mln Profits In Q1 2013
The Industrial Development and Workers Bank of Egypt (IDBE) has finally approved the results of the first quarter…
Barwa Bank Wins Two Awards At Banker Middle East Product Awards 2013
Barwa Bank Group, Qatar's fastest growing Shari’ah compliant banking service provider, has been named the winner of…
J.P. Morgan Has Sold 2 Mln Ounces Of Comex Gold
J.P. Morgan accounts for nearly all of the physical gold sales that Comex in the last three months, blogger Mark…
Dubai’s ENBD Says To Complete BNP Paripas Egypt Buy By Mid-May
Emirates NBD, Dubai's biggest bank, plans to complete its acquisition of French lender BNP Paribas' Egyptian…
Central Banks Load Up On Equities As Low Rates Kill Yields
Central banks, guardians of the world’s $11 trillion in foreign-exchange reserves, are buying stocks in record…
HSBC Job Cuts May Draw Labor Strike: Report
Unions are threatening strike action after HSBC (HBC.LN) announced more than a thousand job cuts in the wake of new…
Suez Canal Bank Raises Net Income To EGP 440 Mln In 2012
Suez Canal Bank’s general assembly approved yesterday the financial statements for 2012 which reveal that the…
Bank Of China Profit Up 8.2%
Bank of China Ltd. said Thursday first-quarter net profit rose 8.2%, thanks to healthy growth in net-interest…
