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Egyptian C.Bank Offers US$40 mln at FX Auction
The Central Bank of Egypt (CBE) has offered today its first foreign exchange auction for this week totaled US$ 40…
Industrial Development Bank Cuts EGP 1.661 Bln of NPL Portfolio
The industrial Development and workers bank of Egypt (IDBE) has cut EGP 1.661 billion from the…
Net Income of Al Baraka Banking Group Increased by 16% to US$140 Million in the First Half…
The Bahrain based leading Islamic banking group, Al Baraka Banking Group B.S.C. (ABG) announced that its net income…
Egypt’s Central Bank Makes Surprise Interest Rate Cuts
Egypt's central bank unexpectedly lowered its main overnight interest rate by 50 basis points at a policy meeting…
ADIB And ENDP Partner To Boost Career Opportunities For UAE Nationals
Abu Dhabi Islamic Bank (ADIB), a top-tier Islamic financial services institution, has signed a Memorandum of…
Central Bank Of Oman Issues Tenders Worth OMR478m
A certificates of deposit (CDs) tender was held at the Central Bank of Oman (CBO) this week, with the total amount…
Egypt: CBE Makes Surprise Interest Rate Cuts in Nearly 4 Years
Egypt's central bank unexpectedly lowered its main overnight interest rate by 50 basis points for the first time…
Crédit Agricole Egypt: Consolidated Profits 33.6% Up – H1
Crédit Agricole Egypt (CIEB.CA) has reported today its financial results posting a net profit after tax of EGP…
Egypt: CBE Offers US$40 mln to Local Banks on FX Auction
The Central Bank of Egypt (CBE) has offered its final foreign exchange auction for this week totaled US$ 40 million…
Euro Zone Manufacturing Grows for 1st Time in 2 Years in July – PMI
Euro zone manufacturing activity grew for the first time in two years in July as factory output surged,…