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Banks
Egypt’s Foreign Direct Investment Hits $ 1.074 bln in March-End: C.Bank
Foreign direct investment (FDI) has hit a record around jumping to 456%, move up by $1.074 billion net profit…
Bank Sohar, Al Jarwani Ink Pact
Muscat: Al Jarwani Group, which is developing Sohar Mega Mall and associated facilities, yesterday signed an…
HSBC Names New Head of MENA Debt Capital Markets
HSBC Holdings, the top arranger of debt issues in the Gulf Arab region, has named Mustafa Aziz Ata to run its…
Egypt Banks Back to Normal Working Hours Today
The Central Bank of Egypt (CBE) announced that commercial banks will return to normal working hours on Monday -…
CBE: Egypt Banking Sector’s Total Loans Hit EGP541.3 bln by May-End
The total banking sector loans of banks have hit a record around jumping to EGP 2.4 billion (0.4%) , moved up by…
Housing Ministry to Launch New Phase of ‘Bayt Al Watan’
An official source in housing ministry has asserted that the ministry is ready to start a new phase of “Bayt El…
Al Baraka Bank Egypt Eyes First Islamic Credit Card Launch in Q4
Al Baraka Bank of Egypt plans to launch within the fourth quarter of 2013, a new saving scheme represented in…
Egyptian Banks Will Resume Activities Regularly by Sunday
The Central bank of Egypt (CBE) has issued its instructions to the banks operating in the Egyptian market in order…
Socgen Plans $300 mln Sukuk Program in Malaysia – Sources
Societe Generale (SOGN.PA: Quote) will launch a 1 billion ringgit ($300 million) Islamic bond program in…
Egypt Central Bank Offers US$40 mln at Thursday’s FX Auction
The Central Bank of Egypt (CBE) has offered its last foreign exchange auction for this week valued at US$ 40…