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Banks
Al Baraka To Offer Musharaka Finance For SMEs In November
Al Baraka Bank Egypt targets to expand in financing small and medium enterprises (SMEs) by the beginning of next…
AIB Signed Debt Settlement Agreements Worth EGP 150 Mln In Q3
The Arab Investment Bank (AIB) has signed debt settlement agreements worth EGP 150 million with defaulting…
Islamic Finance Won’t Exclude Conventional Finance: FJP’s Wael Al-Ghandour
The Egyptian Islamic Finance Association (EIFA) and the Freedom and Justice Party (FJP) held yesterday the second…
ENBD’s Q3 Profit Soars On Lower Provisions
Emirates NBD, Dubai's largest bank by market value, on Monday said third-quarter net profit more than tripled on…
ICIEC, NCB Sign Deal To Support Saudi Smes
The Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC), a member of the Islamic…
Arab Bank Group Ups Net Profit By 13% In 9 Months
Arab Bank Group announced Sunday in a press statement that its net profit increased by 13 per cent during the nine…
Egypt T-Bill Yields Drop On Economy Reform Outlook
Yields fell at a sale of Egyptian treasury bills on Sunday and the yield on Egypt's 10-year eurobond reached its…
Finance Ministry Offers EGP 4.5 Bln T-Bills
The Egyptian Ministry of Finance offered treasury bills worth EGP 4.5 billion on Sunday. 91-day T-bills worth EGP…
Ahli United Bank Gets Approval To launch Alpha Fund In Nov.
Ahli United Bank (Egypt) received a final approval from the Central Bank of Egypt (CBE) and the Egyptian Financial…
First Gulf Bank Estimate Raised At JPMorgan On Dividend Expectation
Investors should buy First Gulf Bank PJSC (FGB) shares before year end as the lender controlled by Abu Dhabi’s…