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Banks
Faisal Bank: Assets Hit EGP 37.7 Bln In June 2012
The Faisal Islamic Bank of Egypt stated that the value of its assets rose by EGP 2.6 billion, registering EGP 37.7…
HSBC Egypt Chairman Retires
Abdel Salam El Anwar, who served as Chairman of HSBC Bank Egypt since 2003, was retired. Sources said Simon Cooper,…
United Bank Mulls Contributing US$ 10 Mln To EGPC Loan
The United Bank of Egypt studies contributing to the Islamic syndicated loan amounting to US$ 500 million arranged…
Abo El Sebaa Receives EGP 50 Mln Credit Facilities From 15 Banks
About 15 banks started to disburse credit facilities of EGP 50 million to shore up the ailing Abo El Sebaa Weaving…
Bank Muscat Announces New Strategy To Boost Direct Sales
The largest financial services provider in the sultanate, bank muscat, announced a new identity and strategy for…
IBQ Sponsors Capital Markets Conference 2012
The International Bank of Qatar (IBQ) announced its sponsorship of the Capital Markets Conference which is being…
NBE Khartoum Eyes SDG 100 Mln Deposits In FY 2012/13
The National Bank of Egypt (Khartoum) targets attracting SDG 100 million of deposits by the end of June 2013, said…
EFG-Hermes: Egyptian Banks Likely To See 11% Loan Growth in 2013
EFG-Hermes (HRHO.CA) said it expects that the coming period will be witnessing further acquisition deals; Qatar…
NBE To Provide Vocational Training For SMEs
The National Bank of Egypt (NBE) will be the first bank in Egypt to venture into the sector of vocational training…
NBE, CIB To Sign 3 Contracts Worth EGP 300 Mln For SMEs
The Social Fund for Development (SFD) will sign three finance contracts worth EGP 300 million with the National…