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National Bank of Abu Dhabi wins award
The National Bank of Abu Dhabi (NBAD) was named the Best Debt Capital Markets House in the Middle East and the UAE…
Global Islamic Finance Industry Needs To Build Economies Of Scale
Financial institutions and regulators around the world need to work together to address challenges that are…
Egyptian Gulf Bank Eyes EGP 178 Mln Profit In 2013
The Egyptian Gulf Bank (EGB) approved the estimated budget which aims to increase net profit by 28% to reach EGP…
Egypt’s FinMin Sells T-Bills Worth EGP 7.32 Bln
The Egyptian Ministry of Finance sold 182- and 364-day treasury bills worth EGP 7.32 billion on Thursday. The…
Faisal Islamic Bank- Egypt’s Consolidated Profit Hit EGP 177.7 Mln At End-Q1
Faisal Islamic Bank of Egypt’s profit reached EGP 177.7 at the end of last March, compared to EGP 115 million at…
Agricultural Credit Bank In Talks With SFD Over EGP 100 Mln Finance Agreement
The Principal Bank for Development and Agricultural Credit currently conducts negotiations with the Social Fund for…
Egypt’s Int’l Co-op. Ministry Signs US$ 2 Mln Grant Agreement With AfDB
The Egyptian Minister of Planning and International Cooperation, Dr Amr Darrag, has signed a cooperation agreement…
Blom Bank Egypt Reports EGP 26 Mln Profit In Q1 2013
Blom Bank Egypt achieved profit of EGP 26 million in the first quarter of 2013, compared to EGP 4.9…
Egypt’s Central Bank Offers US$ 40 Mln At Thursday’s FX Auction
The Central Bank of Egypt (CBE) offers US$ 40 million to local banks at its 62nd FX auction and 46th one since the…
Egypt Sells $2.7 Billion Euro Notes to Finance Budget Deficit
Egypt, the second-most indebted Arab country, sold $2.7 billion of 4.25 percent euro notes to help finance…