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AAIB’s Real Estate Assets Portfolio Hit EGP 8 Mln In September
The Arab African International Bank’s (AAIB) portfolio of real estate assets registered EGP 8 million at the end of…
Mobinil Gets EGP 1.15 Bln First Tranche Of EGP 2.9 Bln Loan
The Egyptian Company for Mobile Services (Mobinil) received EGP 1.150 billion worth of the first tranche of the EGP…
Faisal Bank’s Transactions Up To EGP 39.6 Bln In September
The volume of transactions conducted by Faisal Islamic Bank of Egypt registered EGP 39.6 billion at the end of Q3…
Egypt To Tap Global Sukuk Market After Law Enactment, IMF Loan
Egypt has received interest from foreign banks amounting to $750 million to $1 billion for a sukuk sale after it…
AAIB Disbursed 112,000 Yellow Remittances Worth EGP 430 Mln
The Arab African International Bank (AAIB) disbursed 112,000 yellow remittances worth EGP 430 million in the sixth…
Misr Iran Won’t Contribute To Financing Egyptian Steel Factory
Misr Iran Development Bank withdrew its offer of contributing to the EGP 1.07 billion loan arranged for the…
Al Baraka Bank Buys New Headquarters In El Tagamu El Khames
Al Baraka Bank Egypt signed a contract to purchase a new headquarters in Teseen Road in El Tagamu El Khames (fifth…
Credit Agricole Exits Greece Taking Profit Hit On Unit
Credit Agricole SA, France’s third- largest bank, is exiting Greece by agreeing to sell Emporiki Bank to Alpha Bank…
Top Credit Suisse Mideast Banker Yammine Resigns
Credit Suisse's Middle East managing director and co-chief executive officer, Bassam Yammine, has resigned from the…
Islamic Finance To Be Demand-Driven: KPMG
KPMG, a leading International firm providing Audit, Tax and Advisory services yesterday organised at the Grand…