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Remco Pays Off US$ 16 Bln Debt To Misr Iran Bank In 2014
Remco for Touristic Villages Construction will finalize paying all installments of its US$ 16 million debt to Misr…
Egypt’s Central Bank Forms 2 Committees To Study Applying FATCA
The Central Bank of Egypt (CBE) has decided to form two committees to study the application of Foreign Account Tax…
Barclays Egypt Launches Africa Graduate Development Program
Barclays Egypt has launched Africa Graduate Development Program to develop and advance the skills of its leading…
National Bank For Development Changes Name To Abu Dhabi Islamic Bank-Egypt
The National Bank for Development has changed its name to Abu Dhabi Islamic Bank – Egypt on April 3rd, 2013. The…
Egypt’s Central Bank Meets With Banks’ Chairmen To Discuss FATCA Law
The Central Bank of Egypt (CBE) has started its meeting with chairmen of banks and officials of compliance…
Global Islamic Banking Valued At US$1.5 Trillion At End-March: El-Beltagy
The Chairman of Egyptian Islamic Finance Association, Dr. Mohamed El-Beltagy, has revealed that the volume of…
NBAD Appoints Regional Manager in Kuwait
Abu Dhabi/Kuwait City (May 13, 2013) – The National Bank of Abu Dhabi (NBAD) has appointed May Al Mudhafas NBAD’s…
CBE Offers US$ 40 Mln At The Week’s 1st FX Auction
The Central Bank of Egypt (CBE) has offered US$ 40 million to local banks on Monday at its 56th FX auction and the…
IDWBE Receives EGP 8 Mln In Cash From Defaulters In Q1
The Industrial Development and Workers Bank of Egypt has received EGP 8 million in cash from faltering customers in…
U.S. Probes Barclays Over Ties To Saudi Prince
Barclays and a Saudi prince are at the center of a U.S. Department of Justice probe into whether the U.K. bank made…